Property Prices in Blumenau - Santa Catarina, Brazil

Index Info
Price to Income Ratio: 7.22
Mortgage as Percentage of Income: 99.15%
Loan Affordability Index: 1.01
Price to Rent Ratio - City Centre: 16.31
Price to Rent Ratio - Outside of Centre: 11.89
Gross Rental Yield (City Centre): 6.13%
Gross Rental Yield (Outside of Centre): 8.41%

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Rent Per Month
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Apartment (1 bedroom) in City Centre 1,157.14 R$ 800.00-1,500.00
Apartment (1 bedroom) Outside of Centre 850.00 R$ 600.00-1,200.00
Apartment (3 bedrooms) in City Centre 2,250.00 R$ 1,500.00-3,000.00
Apartment (3 bedrooms) Outside of Centre 1,500.00 R$ 1,200.00-2,000.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 396.29 R$ 371.61-418.06
Price per Square Feet to Buy Apartment Outside of Centre 203.08 R$ 139.35-274.80
Salaries And Financing
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Average Monthly Net Salary (After Tax) 2,235.00 R$
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 12.62 5.00-20.00

These data are based on 52 entries in the past 18 months from 10 different contributors.
Last update: December 2020

Sources and References
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