Property Prices in Belo Horizonte, Brazil

Index Info
Price to Income Ratio: 18.07
Mortgage as Percentage of Income: 180.07%
Loan Affordability Index: 0.56
Price to Rent Ratio - City Centre: 17.43
Price to Rent Ratio - Outside of Centre: 17.89
Gross Rental Yield (City Centre): 5.74%
Gross Rental Yield (Outside of Centre): 5.59%
Rent Per Month
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Apartment (1 bedroom) in City Centre 1,933.33 R$ 1,100.00-3,000.00
Apartment (1 bedroom) Outside of Centre 1,357.69 R$ 900.00-2,000.00
Apartment (3 bedrooms) in City Centre 3,458.33 R$ 2,500.00-5,000.00
Apartment (3 bedrooms) Outside of Centre 2,308.33 R$ 1,800.00-3,000.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 681.28 R$ 464.51-1,114.83
Price per Square Feet to Buy Apartment Outside of Centre 480.00 R$ 325.16-696.77
Salaries And Financing
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Average Monthly Net Salary (After Tax) 1,729.00 R$
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 7.90 6.90-8.90

These data are based on 93 entries in the past 18 months from 19 different contributors.
Last update: April 2024

Sources and References
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