Property Prices in Belo Horizonte, Brazil

Index Info
Price to Income Ratio: 16.26
Mortgage as Percentage of Income: 172.61%
Loan Affordability Index: 0.58
Price to Rent Ratio - City Centre: 15.45
Price to Rent Ratio - Outside of Centre: 16.28
Gross Rental Yield (City Centre): 6.47%
Gross Rental Yield (Outside of Centre): 6.14%
Rent Per Month
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Apartment (1 bedroom) in City Centre 2,015.38 R$ 1,100.00-3,000.00
Apartment (1 bedroom) Outside of Centre 1,395.83 R$ 950.00-2,000.00
Apartment (3 bedrooms) in City Centre 3,576.92 R$ 2,500.00-5,000.00
Apartment (3 bedrooms) Outside of Centre 2,361.54 R$ 1,800.00-3,000.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 627.09 R$ 464.51-1,114.83
Price per Square Feet to Buy Apartment Outside of Centre 448.25 R$ 325.16-696.77
Salaries And Financing
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Average Monthly Net Salary (After Tax) 1,780.00 R$
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 8.77 6.90-10.50

These data are based on 102 entries in the past 18 months from 20 different contributors.
Last update: July 2024

Sources and References
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