Salvador, Brazil
Property prices · 2024 · Americas
Property price trend in Salvador (2024–2026)
Property comparison — cities in Brazil (2024)
| City | Centre /sqm | Outside /sqm | 1-Bed Rent | vs Salvador |
|---|---|---|---|---|
| Salvador | BRL 6,200 | BRL 4,100 | BRL 1,500 | — |
| Rio de Janeiro | BRL 14,000 | BRL 9,200 | BRL 3,200 | +125.8% |
| Sao Paulo | BRL 12,500 | BRL 7,500 | BRL 3,500 | +101.6% |
| Brasilia | BRL 9,500 | BRL 6,300 | BRL 2,400 | +53.2% |
| Curitiba | BRL 7,800 | BRL 5,200 | BRL 1,900 | +25.8% |
| Belo Horizonte | BRL 7,500 | BRL 5,000 | BRL 1,800 | +21% |
Other Americas cities (2024)
Frequently asked questions
How much does property cost in Salvador in 2024?
In Salvador, the average price per sqm in the city centre is BRL 6,200, and BRL 4,100 outside the centre (2024 data). Prices have risen 14.5% since 2024.
How much is rent in Salvador in 2024?
A 1-bedroom apartment in Salvador rents for approximately BRL 1,500 per month in 2024. A 3-bedroom apartment costs around BRL 2,400/month.
Is it better to buy or rent in Salvador?
Buying and renting are roughly comparable in Salvador. The price-to-rent ratio is 16.0x — it would take approximately 16.0 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 16.0x, buyers should carefully weigh mortgage costs against rental savings.
What is the price per sqm in Salvador?
The average property price per square metre in Salvador city centre is BRL 6,200 in 2024. Outside the centre, expect to pay around BRL 4,100/sqm.