|
Last Updated:Nov. 30, 2012 |
SAO PAULO -
Apartments |
COST (US$) |
YIELD (p.a.) |
PRICE/SQ.M. (US$) |
| TO BUY |
MONTHLY RENT |
TO BUY |
MONTHLY RENT |
| 50 sq. m. |
264,550 |
1,149 |
5.21% |
5,291 |
22.97 |
| 85 sq. m. |
352,665 |
1,667 |
5.67% |
4,149 |
19.61 |
| 120 sq. m. |
469,920 |
2,478 |
6.33% |
3,916 |
20.87 |
| 170 sq. m. |
712,130 |
3,548 |
5.98% |
4,189 |
20.87 |
| 250 sq. m. |
1,213,000 |
5,363 |
5.31% |
4,852 |
21.45 |
SAO PAULO -
Penthouses |
|
|
|
|
|
| 120 sq. m. |
514,800 |
2,633 |
6.14% |
4,290 |
21.94 |
| 175 sq. m. |
781,200 |
3,712 |
5.70% |
4,464 |
21.21 |
| 250 sq. m. |
1,017,750 |
4,183 |
4.93% |
4,071 |
16.73 |
| 350 sq. m. |
1,668,100 |
n.a. |
n.a. |
4,766 |
n.a. |
| 500 sq. m. |
2,021,000 |
10,075 |
5.98% |
4,042 |
20.15 |
RIO DE JANEIRO -
Apartments |
|
|
|
|
|
| 60 sq. m. |
382,400 |
1,481 |
4.65% |
6,374 |
24.68 |
| 90 sq. m. |
605,880 |
2,378 |
4.71% |
6,732 |
26.42 |
| 120 sq. m. |
753,600 |
3,094 |
4.93% |
6,280 |
25.78 |
| 160 sq. m. |
1,178,080 |
3,827 |
3.90% |
7,363 |
23.92 |
| 250 sq. m. |
1,488,250 |
6,693 |
5.40% |
5,953 |
26.77 |
RIO DE JANEIRO -
Penthouses |
|
|
|
|
|
| 120 sq. m. |
771,240 |
n.a. |
n.a. |
6,427 |
n.a. |
| 175 sq. m. |
1,112,825 |
4,431 |
4.78% |
6,359 |
25.32 |
| 250 sq. m. |
1,629,000 |
n.a. |
n.a. |
6,516 |
n.a. |
| 450 sq. m. |
2,739,600 |
10,094 |
4.42% |
6,088 |
22.43 |
BARRA DA TIJUCA -
Apartments |
|
|
|
|
|
| 70 sq. m. |
279,860 |
1,163 |
4.99% |
3,998 |
16.61 |
| 90 sq. m. |
343,710 |
1,543 |
5.39% |
3,819 |
17.14 |
| 120 sq. m. |
505,920 |
2,096 |
4.97 |
4,216 |
17.47 |
| 200 sq. m. |
851,400 |
3,942 |
5.56% |
4,257 |
19.71 |
BARRA DA TIJUCA -
Penthouses |
|
|
|
|
|
| 150 sq. m. |
573,450 |
2,078 |
4.35% |
3,823 |
13.85 |
| 250 sq. m. |
1,003,500 |
3,520 |
4.21% |
4,014 |
14.08 |
| 350 sq. m. |
1,359,750 |
4,008 |
3.54% |
3,885 |
11.45 |
Sao Paulo: Brooklin, Campo Belo, Itaim Bibi, Jardin America, Jardin Europa, Jardin Paulista, Moema, Morumbi, Vila Nova Conceição, Santo Amaro and Villa Olimpia
Rio De Janeiro: Botafogo, Copacabana, Flamengo, Gavea, Ipanema, Jardin Botanico, Lagoa, Leblon, and Barra da Tijuca
Source: Global Property Guide Definitions: Data FAQ See also: Update Schedule |
Prices have continued to move strongly upward in Brazil in terms of US dollars, in defiance of widespread worries that the Brazilian property market may be becoming overheated.
In Rio de Janeiro, the price movement was strongest, with apartments moving up in price an amazing average of 48%, from an average of US$3,429 per sq. m., to US$5,094. Rio penthouses moved up by less, and apartments in Barra da Tijuca hardly moved up at all.
In Sao Paolo, the prices of 50 sq mt apartments moved up 33% during the year, to US$3,384 per sq. mt; apartments of 120 sq mt moved up 10.5% to US$2,616 per sq. mt. Sao Paolo apartment prices moved strongly up across all size ranges, except for the largest apartment sizes (200+ sq mt).
During this past year, the Real moved 3% up against the US$ (a relevant fact, as we measure real estate prices in US$). Sao Paolo penthouses moved up across the size range, with 120 sq. mt. apartments moving up 37%.