Property Prices in Recife, Brazil

Index Info
Price to Income Ratio: 18.80
Mortgage as Percentage of Income: 203.33%
Loan Affordability Index: 0.49
Price to Rent Ratio - City Centre: 22.55
Price to Rent Ratio - Outside of Centre: 21.00
Gross Rental Yield (City Centre): 4.43%
Gross Rental Yield (Outside of Centre): 4.76%
Rent Per Month
Edit Range
Apartment (1 bedroom) in City Centre 1,260.53 R$ 800.00-1,500.00
Apartment (1 bedroom) Outside of Centre 778.12 R$ 600.00-1,000.00
Apartment (3 bedrooms) in City Centre 2,466.67 R$ 1,800.00-3,500.00
Apartment (3 bedrooms) Outside of Centre 1,725.00 R$ 1,300.00-2,300.00
Buy Apartment Price
Price per Square Feet to Buy Apartment in City Centre 598.70 R$ 464.51-696.77
Price per Square Feet to Buy Apartment Outside of Centre 365.80 R$ 278.71-557.41
Salaries And Financing
Average Monthly Net Salary (After Tax) 1,380.64 R$
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 9.03 7.00-15.00

These data are based on 166 entries in the past 18 months from 32 different contributors.
Last update: February 2021

Sources and References
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