Property Prices in Recife, Brazil

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Index Info
Price to Income Ratio: 12.03
Mortgage as Percentage of Income: 158.97%
Loan Affordability Index: 0.63
Price to Rent Ratio - City Centre: 19.98
Price to Rent Ratio - Outside of Centre: 15.73
Gross Rental Yield (City Centre): 5.01%
Gross Rental Yield (Outside of Centre): 6.36%
Rent Per Month
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Apartment (1 bedroom) in City Centre 1,790.91 R$ 1,300.00-2,200.00
Apartment (1 bedroom) Outside of Centre 1,125.00 R$ 800.00-1,600.00
Apartment (3 bedrooms) in City Centre 3,266.67 R$ 3,000.00-4,800.00
Apartment (3 bedrooms) Outside of Centre 2,816.67 R$ 1,400.00-4,500.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 729.52 R$ 454.11-1,254.18
Price per Square Feet to Buy Apartment Outside of Centre 421.78 R$ 325.16-650.32
Salaries And Financing
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Average Monthly Net Salary (After Tax) 2,575.00 R$
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 12.00 12.00-15.00

These data are based on 79 entries from 16 contributors over the past 18 months.
Last update: 21 June 2025

Sources and References
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