Sao Paulo, Brazil
Property prices · 2024 · Americas
Property price trend in Sao Paulo (2024–2026)
Property comparison — cities in Brazil (2024)
| City | Centre /sqm | Outside /sqm | 1-Bed Rent | vs Sao Paulo |
|---|---|---|---|---|
| Sao Paulo | BRL 12,500 | BRL 7,500 | BRL 3,500 | — |
| Rio de Janeiro | BRL 14,000 | BRL 9,200 | BRL 3,200 | +12% |
| Brasilia | BRL 9,500 | BRL 6,300 | BRL 2,400 | -24% |
| Curitiba | BRL 7,800 | BRL 5,200 | BRL 1,900 | -37.6% |
| Belo Horizonte | BRL 7,500 | BRL 5,000 | BRL 1,800 | -40% |
| Salvador | BRL 6,200 | BRL 4,100 | BRL 1,500 | -50.4% |
Other Americas cities (2024)
Frequently asked questions
How much does property cost in Sao Paulo in 2024?
In Sao Paulo, the average price per sqm in the city centre is BRL 12,500, and BRL 7,500 outside the centre (2024 data). Prices have risen 7% since 2024.
How much is rent in Sao Paulo in 2024?
A 1-bedroom apartment in Sao Paulo rents for approximately BRL 3,500 per month in 2024. A 3-bedroom apartment costs around BRL 7,000/month.
Is it better to buy or rent in Sao Paulo?
Buying may offer better long-term value in Sao Paulo. The price-to-rent ratio is 14.0x — it would take approximately 14.0 years of rental payments to equal the property purchase price. Current mortgage rates are approximately 12.50%.
What are mortgage rates in Brazil in 2024?
The average mortgage rate in Brazil is approximately 12.50% as of 2024. With a price-to-rent ratio of 14.0x, buyers should carefully weigh mortgage costs against rental savings.
What is the price per sqm in Sao Paulo?
The average property price per square metre in Sao Paulo city centre is BRL 12,500 in 2024. Outside the centre, expect to pay around BRL 7,500/sqm.