Property Prices in Fortaleza, Brazil

Index Info
Price to Income Ratio: 17.69
Mortgage as Percentage of Income: 185.88%
Loan Affordability Index: 0.54
Price to Rent Ratio - City Centre: 35.21
Price to Rent Ratio - Outside of Centre: 23.26
Gross Rental Yield (City Centre): 2.84%
Gross Rental Yield (Outside of Centre): 4.30%
Rent Per Month
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Apartment (1 bedroom) in City Centre 1,029.17 R$ 600.00-2,000.00
Apartment (1 bedroom) Outside of Centre 875.00 R$ 450.00-1,500.00
Apartment (3 bedrooms) in City Centre 2,030.77 R$ 1,200.00-3,000.00
Apartment (3 bedrooms) Outside of Centre 1,346.15 R$ 900.00-2,000.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 766.24 R$ 650.32-1,114.83
Price per Square Feet to Buy Apartment Outside of Centre 385.54 R$ 232.26-641.03
Salaries And Financing
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Average Monthly Net Salary (After Tax) 1,752.36 R$
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 8.62 5.00-10.00

These data are based on 107 entries in the past 18 months from 20 different contributors.
Last update: February 2021

Sources and References
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