Brazil real estate market — prices, rental yield and trend
- Average price: $1,937 / m²
- Gross rental yield: 6.57%
- 12-month price change (USD): 10%
- Net rental yield: 5.58%
- Transaction cost: 10.5%
- Bubble-risk band: moderate
- Price basis: national average
Residential property in Brazil averages $1,937 per square metre, +10% in dollar terms over the last twelve months. That makes it the 63rd most expensive of the 83 markets in the set.
What a buyer pays in Brazil
The $1,937 figure is a national average across all residential property types, which flattens a wide spread — the capital typically runs far above it and small towns far below. Buying costs — transfer tax or stamp duty, notary, registration and agency — come to about 10.5% of the price here. On a 100 m² apartment at the average price that is roughly $20,340 on top of the $193,710 purchase price. That is close to the 10.2% median across the set.
What it earns
A square metre lets for about $10.6 a month. Against a purchase price of $1,937 per square metre that is 6.6% gross, before tax. Both figures come from the same source and the same period, so you can check the arithmetic yourself. It ranks 26th of 88 markets by gross yield. Rental income is taxed at 15–25% — the rate is not a single number here. That is the difference between 4.9% and 5.6% net on the same property. The 5.6% net figure we publish uses 15%.
How the tax works. Flat 15% withholding on the gross rent, final at source, with no tax-free band (RIR/2018 art. 763); the resident progressive table does not apply. The rate rises to 25% if the owner is resident in a low-tax jurisdiction (Law 9.779/1999 art. 8), which is the upper end of the band. Source: planalto.gov.br.
Where the price sits against its own history
Prices are +27.5% over five years and -2.8% over ten in local terms. Today’s level sits 10.1% below the country’s own long-run trend — the market is cheap against its own history, not just against other markets. Glopra’s bubble-risk score for Brazil is 49 out of 100 — moderate risk. Of the 58 markets scored, 43 read higher.
Brazil house price index, 2016–2026 (2016 = 100)
| Year | Index |
|---|---|
| 2016 | 100 |
| 2017 | 97.9 |
| 2018 | 98.2 |
| 2019 | 101.4 |
| 2020 | 108.8 |
| 2021 | 117.7 |
| 2022 | 121.5 |
| 2023 | 125.2 |
| 2024 | 132.7 |
| 2025 | 139.5 |
| 2026 | 143.5 |
Rebased to 100 in 2016, the index stands at 143.5 in 2026. The series is in local currency, and the twelve-month numbers above show how much of that a dollar buyer actually keeps.
Who can buy in Brazil
Freehold; restrictions on rural and border land. That is the rule a foreign buyer meets first, not legal advice — check the current position locally before you commit.
How this figure is built
The price figure for Brazil is built from asking prices from listings. It was last refreshed on 2026-09-22. We rate our confidence in this market’s data medium: the series is usable, but thinner or less current than our best-covered markets. We recompute every market the same way; a figure that fails our checks is suppressed, not guessed.
Sources: FipeZap Jun-26 · downloads.fipe.org.br · globalpropertyguide.com · numbeo.com. Snapshot: 2026-09-22.