Property Prices in Varginha, Brazil

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Index
Price to Income Ratio:	7.83
Mortgage as Percentage of Income:	90.63%
Loan Affordability Index:	1.10
Price to Rent Ratio - City Centre:	24.49
Price to Rent Ratio - Outside of Centre:	22.80
Gross Rental Yield (City Centre):	4.08%
Gross Rental Yield (Outside of Centre):	4.39%

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Rent Per Month	Edit	Range
Apartment (1 bedroom) in City Centre	740.00 R$	580.00-900.00
Apartment (1 bedroom) Outside of Centre	590.00 R$	580.00-600.00
Apartment (3 bedrooms) in City Centre	1,366.67 R$	1,000.00-1,600.00
Apartment (3 bedrooms) Outside of Centre	1,275.00 R$	1,200.00-1,350.00
Buy Apartment Price	Edit
Price per Square Feet to Buy Apartment in City Centre	371.61 R$
Price per Square Feet to Buy Apartment Outside of Centre	297.29 R$
Salaries And Financing	Edit
Average Monthly Net Salary (After Tax)	2,300.00 R$
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate	10.00

These data are based on 13 entries in the past 18 months from 3 different contributors.
Last update: April 2024

Sources and References

Nearby cities:

Property Prices in Alfenas	41.73 miles
Property Prices in Lavras	67.39 miles
Property Prices in Pouso Alegre	76.79 miles
Property Prices in Extrema	130.47 miles
Property Prices in Resende	146.89 miles
Property Prices in Atibaia	159.00 miles
Property Prices in Barbacena	159.60 miles
Property Prices in Piumhi	164.93 miles
Property Prices in Pindamonhangaba	170.39 miles
Property Prices in Volta Redonda	174.16 miles

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country data (source The World Bank, 2024)
GDP Per Capita ($) :	15,100.00
GDP Growth Rate:	2.90%
Population Growth Rate:	0.64%