Buying real estate in Brazil?

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What is the average house price in Brazil?

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Authored by the expert who managed and guided the team behind the Brazil Property Pack

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Everything you need to know before buying real estate is included in our Brazil Property Pack

As of September 2025, the average house price in Brazil stands at R$9,366 per square meter nationwide, representing a remarkable 7.97% annual increase. Brazil's real estate market is experiencing its strongest growth in over a decade, with significant variations between regions and property types that savvy investors and homebuyers need to understand.

If you want to go deeper, you can check our pack of documents related to the real estate market in Brazil, based on reliable facts and data, not opinions or rumors.

How this content was created 🔎📝

At The Latinvestor, we explore the Brazilian real estate market every day. Our team doesn't just analyze data from a distance—we're actively engaging with local realtors, investors, and property managers in cities like São Paulo, Rio de Janeiro, and Florianópolis. This hands-on approach allows us to gain a deep understanding of the market from the inside out.

These observations are originally based on what we've learned through these conversations and our observations. But it was not enough. To back them up, we also needed to rely on trusted resources

We prioritize accuracy and authority. Trends lacking solid data or expert validation were excluded.

Trustworthiness is central to our work. Every source and citation is clearly listed, ensuring transparency. A writing AI-powered tool was used solely to refine readability and engagement.

To make the information accessible, our team designed custom infographics that clarify key points. We hope you will like them! All illustrations and media were created in-house and added manually.

photo of expert laura beatriz de oliveira

Fact-checked and reviewed by our local expert

✓✓✓

Laura Beatriz de Oliveira 🇧🇷

Commercial, Vokkan

Laura is a seasoned real estate professional with extensive knowledge of Brazil's evolving property market. From high-growth urban centers to exclusive coastal retreats, she helps clients identify strategic investment opportunities across the country. With a strong focus on sustainability and long-term value, Laura provides expert guidance on navigating Brazil's regulatory environment, emerging hotspots, and luxury developments, ensuring her clients maximize their real estate potential.

What's the average house price in Brazil right now?

The national average house price in Brazil is R$9,366 per square meter as of September 2025, marking a 7.97% annual increase.

This represents the strongest growth in over a decade for the Brazilian residential market. Apartments in major cities typically cost R$13,435–14,376 per square meter, while single-family homes average R$8,373 per square meter nationwide.

The market is experiencing significant momentum driven by urban development, coastal tourism growth, and limited inventory in prime locations. Different regions show varying price levels, with São Paulo and Rio de Janeiro leading urban markets, while coastal cities like Balneário Camboriú command premium prices for luxury properties.

It's something we develop in our Brazil property pack.

How do prices differ by property type?

Property prices in Brazil vary significantly based on type, location, and luxury level across different market segments.

Studios and small apartments in peripheral areas start at R$300,000 for 30-40 square meter units. Two to three-bedroom apartments in core urban areas cost R$700,000–R$1.2 million, while luxury penthouses routinely exceed R$5 million in prime locations.

Middle-class family homes cost R$700,000–R$1.2 million in secondary cities, but in São Paulo's gated communities, prices range from R$1.5–4 million. Beach properties command premium pricing with oceanfront condos starting at R$800,000 and reaching R$10 million for exclusive developments.

Luxury beach villas represent the top tier, with large beach houses ranging from R$1.6 million to R$2.2 million, depending on location and amenities. The luxury segment can reach R$60,000 per square meter in the most exclusive oceanfront developments.

How do average prices vary by region, city, and neighborhood?

Regional price variations in Brazil reflect economic development, tourism appeal, and urban infrastructure quality.

City Price per m² (Apartments) Market Characteristics
São Paulo R$10,500 Financial center, steady demand
Rio de Janeiro R$9,800 Tourism hub, beach premium
Vitória R$13,000+ Coastal, rapid growth
Brasília R$8,500 Government center, stable
Florianópolis R$8,200 Tech boom, lifestyle appeal
Curitiba R$6,500 Industrial center, affordable
Salvador R$5,500 Cultural capital, emerging

Premium neighborhoods command exceptional prices: Leblon in Rio reaches R$20,000–25,000 per square meter, making it Brazil's most expensive area. Ipanema follows at R$18,000–22,000 per square meter, while Barra da Tijuca shows fastest growth at R$9,000–12,000 per square meter.

Which areas are most expensive, up-and-coming, and budget-friendly?

Brazil's real estate market shows distinct tiers based on development stage, location premium, and growth potential.

Most expensive areas:

  • Leblon, Rio de Janeiro: R$20,000–25,000/m² (highest in Brazil)
  • Ipanema, Rio de Janeiro: R$18,000–22,000/m²
  • Balneário Camboriú, Santa Catarina: R$21,075/m² for apartments
  • Jardins, São Paulo: R$12,000–18,000/m²
  • Barra da Tijuca luxury towers: R$15,000–20,000/m²

Up-and-coming areas with growth potential:

  • Florianópolis (tech and lifestyle boom driving demand)
  • Vila Leopoldina, São Paulo (urban redevelopment zone)
  • Barra da Tijuca, Rio (fastest growth in the city)
  • Porto Maravilha, Rio (urban renewal project)
  • Northeast coastal cities (tourism infrastructure development)

Budget-friendly options:

  • João Pessoa: average property price R$596,000
  • Salvador: R$5,500/m² despite recent growth
  • Tatuí, São Paulo state: apartments under R$5,000/m²
  • Santa Maria, Rio Grande do Sul: houses under R$5,000/m²
  • Gaspar, Santa Catarina: affordable coastal access

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What are example purchase prices for typical properties?

Specific property examples illustrate actual market pricing across Brazil's diverse real estate landscape.

A studio apartment in São Paulo measuring 35 square meters costs approximately R$365,000, while a mid-range two-bedroom apartment in Rio de Janeiro covering 70 square meters averages R$686,000. These represent typical urban residential options for young professionals and small families.

Suburban family housing shows different pricing patterns: a standard home in Brasília's suburban areas spanning 120 square meters costs around R$1,000,000. For luxury coastal living, an oceanfront condominium in Balneário Camboriú measuring 150 square meters reaches R$3,160,000.

Premium beach properties command top prices, with a six-bedroom beach villa in Northeast Brazil costing R$2.2 million. These examples reflect current market conditions and typical property specifications in each segment.

What's the average price per square meter for different property types?

Price per square meter varies significantly across property types and Brazilian regions, reflecting local economic conditions and demand patterns.

Region/State Apartments (R$/m²) Houses (R$/m²)
Santa Catarina R$18,289 R$8,360
São Paulo State R$15,160 R$8,811
Rio de Janeiro State R$14,595 R$9,489
Minas Gerais R$13,192 R$7,213
Nationwide Median R$13,435 R$8,373
Rio Grande do Sul R$6,144 R$4,740

Luxury segments command premium pricing with oceanfront developments reaching R$60,000 per square meter in exclusive locations. The apartment-to-house price differential reflects urban density, land availability, and construction costs across different regions.

How much is the total cost of buying, including taxes and fees?

The total cost of buying property in Brazil extends beyond the purchase price to include mandatory taxes and professional fees.

Standard closing costs encompass taxes, fees, notary services, and registration, typically ranging from 3.5% to 5% of the property value. The transfer tax (ITBI) represents the largest component at approximately 3% of the property value, varying slightly by municipality.

Registration and notary fees add another 0.5% to 2% of the purchase price, covering legal documentation and property registry updates. Additional costs may include legal fees, realtor commissions, and ongoing condominium maintenance fees for apartment buildings.

For a R$1 million property purchase, buyers should budget R$35,000 to R$50,000 for total transaction costs. Luxury properties may incur higher percentage fees due to additional legal complexities and premium service requirements.

What are current mortgage rates and lending conditions?

Brazil's mortgage market in 2025 reflects high interest rate environment and tightened lending standards.

The average mortgage rate for earmarked funds stands at 9.41% as of Q2 2025, while the Selic base rate reaches 14.75%, significantly impacting borrowing costs and monthly repayments. These rates represent some of the highest financing costs in recent years.

For a R$700,000 property with 80% mortgage financing over 20 years at 9.4% interest, monthly repayments approach R$5,500–6,000, depending on the specific bank, down payment amount, and buyer risk profile. Banks require substantial down payments and high credit scores for loan approval.

Lending conditions have tightened considerably, with banks demanding detailed income verification, employment stability, and debt-to-income ratios below 30%. Foreign buyers face additional documentation requirements and often higher interest rates than Brazilian nationals.

It's something we develop in our Brazil property pack.

infographics rental yields citiesBrazil

We did some research and made this infographic to help you quickly compare rental yields of the major cities in Brazil versus those in neighboring countries. It provides a clear view of how this country positions itself as a real estate investment destination, which might interest you if you're planning to invest there.

How have prices changed over the past five years and last year?

Brazil's residential property market has experienced significant appreciation over both short and medium-term periods.

Prices have increased 45% since 2020, with the past 12 months showing the fastest growth nationally since 2013. This acceleration reflects supply constraints, urban development projects, and increased domestic and international investment interest.

City-specific annual growth rates for 2024-2025 show Salvador leading at +20.63%, followed by João Pessoa at +18.25%, and Vitória at +17.09%. Mid-tier cities like Curitiba (+14.43%) and Fortaleza (+12.33%) also show strong appreciation, while established markets like São Paulo (+6.11%) and Rio de Janeiro (+4.62%) grow more moderately.

The long-term trend demonstrates steady real appreciation, especially in emerging and coastal markets, consistently outpacing inflation. This pattern suggests fundamental demand drivers rather than speculative bubbles in most regions.

What's the forecast for prices over the next 1, 5, and 10 years?

Brazil's property market outlook shows continued growth potential across multiple time horizons with regional variations.

For 2025-2026, continued growth is expected at 8-15% annually in prime regions, driven by infrastructure development, tourism growth, and limited supply in desirable locations. Coastal cities and new metro corridors should outperform national averages.

Hot spots including coastal cities, new metro corridors, and urban redevelopment zones like Vila Leopoldina and Porto Maravilha have shown 60-80% appreciation over three years and may continue above national average growth rates. These areas benefit from planned infrastructure and development projects.

Over 5-10 years, market expansion in tech and creative hubs like Florianópolis should continue, with sustained premiums for luxury coastal real estate and broader urban investments. Prime zones will likely reach higher price ceilings as Brazil's economy grows and international recognition increases.

How does buying to live compare with buying to rent or resell?

Different property investment strategies in Brazil offer varying returns and risk profiles depending on location and market segment.

Buying to live provides strong homeownership incentives through government programs, but rising borrowing costs and property prices challenge affordability for middle-class buyers. Homeownership remains culturally important and offers inflation protection for personal wealth.

Short-term rental investments generate high yields in tourist hot spots like Rio's Ipanema and Florianópolis, often outperforming long-term rentals in coastal and apartment markets. Platforms like Airbnb enable property owners to capture tourism premiums, especially during peak seasons.

Long-term rental investments yield 4.5-7% in affluent neighborhoods like Leblon and Ipanema, with stable demand from young professionals seeking small apartments. This strategy provides predictable income but lower returns than short-term rentals.

Buying to resell offers fastest profits in urban renewal areas and luxury beach markets, but requires good local knowledge and risk tolerance. Recent rapid appreciation has rewarded speculators, particularly in emerging neighborhoods and coastal developments.

How do average prices in Brazil compare globally?

Brazil's property prices remain competitive internationally while offering significant value in prime locations compared to established global markets.

Brazil's prime city prices in São Paulo and Rio range from R$10,500–14,595 per square meter ($1,700–$2,350 per square meter), still considerably lower than Paris, London, or New York City, which often exceed $7,500 per square meter in core districts.

Coastal hot spots like Balneário Camboriú and Rio's Leblon command R$21,000–25,000 per square meter ($3,430–$4,100 per square meter), making them globally competitive with Mediterranean resorts while remaining below top European and American luxury benchmarks.

Budget-friendly cities throughout Brazil offer prices in secondary markets and interior cities that remain far below major U.S. and European metropolitan areas, providing excellent value for international buyers seeking affordable quality living or investment opportunities.

It's something we develop in our Brazil property pack.

Conclusion

This article is for informational purposes only and should not be considered financial advice. Readers are advised to consult with a qualified professional before making any investment decisions. We do not assume any liability for actions taken based on the information provided.

Sources

  1. The Latinvestor - Average House Price in Brazil
  2. Rio Times - Brazil's Home Prices Climb Fast
  3. The Latinvestor - Brazil Price Forecasts
  4. Properstar - Brazil House Prices
  5. The Latinvestor - Invest Brazil Real Estate Worth It
  6. The Latinvestor - Affluent Neighborhoods Rio de Janeiro
  7. Oliveira Lawyers - Registration Taxes
  8. Oliveira Lawyers - Real Estate Closing Costs Brazil
  9. Global Property Guide - Brazil Mortgage Interest Rate
  10. Global Property Guide - Brazil Price History