Property Prices in Novo Hamburgo, Brazil

Index Info
Price to Income Ratio: 14.71
Mortgage as Percentage of Income: 142.16%
Loan Affordability Index: 0.70
Price to Rent Ratio - City Centre: 26.40
Price to Rent Ratio - Outside of Centre: 26.28
Gross Rental Yield (City Centre): 3.79%
Gross Rental Yield (Outside of Centre): 3.80%

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Rent Per Month
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Apartment (1 bedroom) in City Centre 1,166.67 R$ 900.00-1,600.00
Apartment (1 bedroom) Outside of Centre 783.33 R$ 650.00-1,000.00
Apartment (3 bedrooms) in City Centre 1,600.00 R$ 1,500.00-1,900.00
Apartment (3 bedrooms) Outside of Centre 1,066.67 R$ 1,000.00-1,200.00
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) 1,700.00 R$
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 7.50 5.00-10.00

These data are based on 21 entries in the past 18 months from 5 different contributors.
Last update: January 2021

Sources and References
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