Post: #1

So given the interest in Brazil I went to some Brazilian websites and pulled information on average rental rates as of Jan 2010. The rates for the big cities below are from FIPE at fipe.com.br which is an economics statistics institute that does a monthly real estate report. The small cities on the bottom are from Trovit.com.br which is a huge real estate site. FIPE also breaks down the major neighborhoods in Sao Paulo and Rio.

Granted, these are averages and the data was normalized by sq. meters so I took the 1BR apartment numbers and show the 50 m2 and 30 m2 monthly rental prices in reais and US dollars below. Maybe it will help someone. Does anyone see this as matching their experience?

City
Distrito Federal (Brasilia) 50 m2 R$1920|$1129 // 30 m2 R$1152|$677
Rio de Janeiro 50 m2 R$1706|$1003 // 30 m2 R$1023|$602
São Paulo 50 m2 R$1401|$824 // 30 m2 R$841|$495
Belo Horizonte 50 m2 R$1256|$739 // 30 m2 R$753|$443
Recife 50 m2 R$1187|$698 // 30 m2 R$712|$419
Fortaleza 50 m2 R$895|$527 // 30 m2 R$537|$316
Salvador 50 m2 R$1108|$652 // 30 m2 R$665|$391

São Paulo areas
Fazenda Morumbi-Jóquel Clube 50 m2 R$1898|$1116 // 30 m2 R$1139|$670
Jardim Paulistano 50 m2 R$1895|$1114 // 30 m2 R$1137|$669
Ibirapuera-Vila Nova Conceição 50 m2 R$1849|$1088 // 30 m2 R$1110|$653
Chácara Itaim 50 m2 R$1608|$946 // 30 m2 R$965|$568
Vila Olímpia 50 m2 R$1562|$919 // 30 m2 R$937|$551

Rio de Janeiro areas
Leblon 50 m2 R$3013|$1772 // 30 m2 R$1808|$1063
Ipanema 50 m2 R$3007|$1769 // 30 m2 R$1804|$1061
Lagoa 50 m2 R$2400|$1412 // 30 m2 R$1440|$847
Gávea 50 m2 R$2238|$1317 // 30 m2 R$1343|$790
Urca 50 m2 R$2083|$1225 // 30 m2 R$1250|$735

Other Cities
Sorocaba 50 m2 R$710|$418 // 30 m2 R$426|$251
Curitiba 50 m2 R$648|$381 // 30 m2 R$389|$229
Campinas 50 m2 R$950|$559 // 30 m2 R$570|$335
Porto Alegre 50 m2 R$1100|$647 // 30 m2 R$660|$388
Florianapolis 50 m2 R$1000|$588 // 30 m2 R$600|$353

Post: #2

Hey man, great info, what's the site you got it from? I'd be more interested in a sharing a room, but this is a great benchmark. Can't believe Curitiba is so cheap compared to places like Salvador, it seems really attractive.

Post: #3

Good info VVP. Thanks for sharing.

Post: #4

I paid 700 a month in Rio for a pretty decent place in Copa, but it was offseason. This is interesting though, thanks

Post: #5

(02-22-2011 12:00 AM)Sonsowey Wrote:  Hey man, great info, what's the site you got it from? I'd be more interested in a sharing a room, but this is a great benchmark. Can't believe Curitiba is so cheap compared to places like Salvador, it seems really attractive.

fipe.com.br and trovit.com.br, both unfortunately only in Portuguese were my sources for the data. These are averages so I'm sure the best spots in Curitiba are higher but it has not seen the money dump into real estate, particularly from foreign hot money, many of the other cities have.

Post: #6

No worries dude, eu falo um pouco de português

Post: #7

Add 50% gringo tax. Those are for long leases. If you're going for a month or two, it will be much more.

Post: #8

Nah, teaching english/living there longer term is the plan. Long term, but yanno, gathering info

Post: #9

(02-22-2011 08:06 PM)Sonsowey Wrote:  No worries dude, eu falo um pouco de português

Muito bom! Clique o link aqui para ler tudo:

Post: #10

One more thing is the picture below. It gives R$/sq. m across different parts of São Paulo. It is from the newspaper Folho de São Paulo from a few months ago. To convert to rental rates (these are purchase), the usual factor in Brazil is multiply the sq. meter sale price times 0.5%.

Note the tagline is prices of properties increases 29%. The values on the color map are the prices and below is the % change over 2010.

Post: #11

(02-22-2011 10:15 PM)Sonsowey Wrote:  Nah, teaching english/living there longer term is the plan. Long term, but yanno, gathering info

Unfortunately teaching English in Brazil just doesn't pay enough unless you have a good chunk of cash saved or unless you are teaching in Sao Paulo, but Sao Paulo kinda sucks. You may be able to make a little extra cash with private lessons as well.