Property Prices in Joao Pessoa, Brazil

Index Info
Price to Income Ratio: 11.41
Mortgage as Percentage of Income: 132.13%
Loan Affordability Index: 0.76
Price to Rent Ratio - City Centre: 17.38
Price to Rent Ratio - Outside of Centre: 12.52
Gross Rental Yield (City Centre): 5.75%
Gross Rental Yield (Outside of Centre): 7.98%

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Rent Per Month
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Apartment (1 bedroom) in City Centre 1,400.00 R$ 1,200.00-1,500.00
Apartment (1 bedroom) Outside of Centre 1,400.00 R$ 800.00-3,000.00
Apartment (3 bedrooms) in City Centre 3,250.00 R$ 2,500.00-4,500.00
Apartment (3 bedrooms) Outside of Centre 2,775.00 R$ 2,000.00-5,000.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 557.41 R$
Price per Square Feet to Buy Apartment Outside of Centre 371.61 R$
Salaries And Financing
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Average Monthly Net Salary (After Tax) 2,191.00 R$
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 10.00 10.00-10.00

These data are based on 26 entries in the past 18 months from 5 different contributors.
Last update: April 2024

Sources and References
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