Belo Horizonte, Brazil
Property prices · 2024 · Americas
Property price trend in Belo Horizonte (2024–2026)
Property comparison — cities in Brazil (2024)
| City | Centre /sqm | Outside /sqm | 1-Bed Rent | vs Belo Horizonte |
|---|---|---|---|---|
| Belo Horizonte | BRL 7,500 | BRL 5,000 | BRL 1,800 | — |
| Rio de Janeiro | BRL 14,000 | BRL 9,200 | BRL 3,200 | +86.7% |
| Sao Paulo | BRL 12,500 | BRL 7,500 | BRL 3,500 | +66.7% |
| Brasilia | BRL 9,500 | BRL 6,300 | BRL 2,400 | +26.7% |
| Curitiba | BRL 7,800 | BRL 5,200 | BRL 1,900 | +4% |
| Salvador | BRL 6,200 | BRL 4,100 | BRL 1,500 | -17.3% |
Other Americas cities (2024)
Frequently asked questions
How much does property cost in Belo Horizonte in 2024?
In Belo Horizonte, the average price per sqm in the city centre is BRL 7,500, and BRL 5,000 outside the centre (2024 data). Prices have risen 14.5% since 2024.
How much is rent in Belo Horizonte in 2024?
A 1-bedroom apartment in Belo Horizonte rents for approximately BRL 1,800 per month in 2024. A 3-bedroom apartment costs around BRL 2,900/month.
Is it better to buy or rent in Belo Horizonte?
Buying and renting are roughly comparable in Belo Horizonte. The price-to-rent ratio is 17.0x — it would take approximately 17.0 years of rental payments to equal the property purchase price. Current mortgage rates are approximately 12.00%.
What are mortgage rates in Brazil in 2024?
The average mortgage rate in Brazil is approximately 12.00% as of 2024. With a price-to-rent ratio of 17.0x, buyers should carefully weigh mortgage costs against rental savings.
What is the price per sqm in Belo Horizonte?
The average property price per square metre in Belo Horizonte city centre is BRL 7,500 in 2024. Outside the centre, expect to pay around BRL 5,000/sqm.