Property Prices in Recife, Brazil

Index Info
Price to Income Ratio: 14.09
Mortgage as Percentage of Income: 145.90%
Loan Affordability Index: 0.69
Price to Rent Ratio - City Centre: 29.87
Price to Rent Ratio - Outside of Centre: 33.51
Gross Rental Yield (City Centre): 3.35%
Gross Rental Yield (Outside of Centre): 2.98%
Rent Per Month
Edit Range
Apartment (1 bedroom) in City Centre 1,294.44 R$ 900.00-2,000.00
Apartment (1 bedroom) Outside of Centre 766.67 R$ 600.00-1,300.00
Apartment (3 bedrooms) in City Centre 2,416.67 R$ 2,000.00-4,000.00
Apartment (3 bedrooms) Outside of Centre 1,687.50 R$ 1,200.00-3,000.00
Buy Apartment Price
Price per Square Feet to Buy Apartment in City Centre 796.88 R$ 603.86-1,114.83
Price per Square Feet to Buy Apartment Outside of Centre 572.90 R$ 325.16-929.02
Salaries And Financing
Average Monthly Net Salary (After Tax) 2,616.67 R$
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 8.43 7.00-13.00

These data are based on 76 entries in the past 18 months from 17 different contributors.
Last update: May 2023

Sources and References
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