Property Prices in Fortaleza, Brazil

Index Info
Price to Income Ratio: 23.63
Mortgage as Percentage of Income: 323.17%
Loan Affordability Index: 0.31
Price to Rent Ratio - City Centre: 23.85
Price to Rent Ratio - Outside of Centre: 17.41
Gross Rental Yield (City Centre): 4.19%
Gross Rental Yield (Outside of Centre): 5.74%
Rent Per Month
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Apartment (1 bedroom) in City Centre 1,597.66 R$ 800.00-2,583.60
Apartment (1 bedroom) Outside of Centre 1,137.50 R$ 600.00-2,000.00
Apartment (3 bedrooms) in City Centre 2,200.00 R$ 1,500.00-4,000.00
Apartment (3 bedrooms) Outside of Centre 1,844.44 R$ 1,000.00-2,500.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 690.69 R$ 464.51-1,021.92
Price per Square Feet to Buy Apartment Outside of Centre 383.55 R$ 199.08-743.22
Salaries And Financing
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Average Monthly Net Salary (After Tax) 1,223.33 R$
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 12.55 9.50-13.65

These data are based on 73 entries in the past 18 months from 13 different contributors.
Last update: May 2024

Sources and References
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