Property Prices in Rio de Janeiro, Brazil

Index Info
Price to Income Ratio: 23.61
Mortgage as Percentage of Income: 260.49%
Loan Affordability Index: 0.38
Price to Rent Ratio - City Centre: 25.13
Price to Rent Ratio - Outside of Centre: 21.66
Gross Rental Yield (City Centre): 3.98%
Gross Rental Yield (Outside of Centre): 4.62%
Rent Per Month
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Apartment (1 bedroom) in City Centre 1,686.84 R$ 1,200.00-2,400.00
Apartment (1 bedroom) Outside of Centre 1,208.82 R$ 800.00-1,800.00
Apartment (3 bedrooms) in City Centre 3,530.28 R$ 2,500.00-5,000.00
Apartment (3 bedrooms) Outside of Centre 2,696.97 R$ 1,800.00-4,000.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 922.05 R$ 603.86-1,393.53
Price per Square Feet to Buy Apartment Outside of Centre 587.78 R$ 464.51-836.12
Salaries And Financing
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Average Monthly Net Salary (After Tax) 1,720.88 R$
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 9.30 7.50-12.00

These data are based on 363 entries in the past 18 months from 59 different contributors.
Last update: January 2021

Sources and References
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1 Comments so far
Abdul Kadir on Aug 14, 2020:
How much flat 3 bedrooms values in Praca Seca ( Rio de Janeiro) outside of The centre.