Brazil is unusually open: foreigners can buy urban residential property on essentially the same terms as Brazilians, with no residency requirement. All you strictly need is a CPF (Brazilian tax number). Rural land and property near international borders are the notable exceptions and carry real restrictions.
Closing costs are among the lowest here — roughly 5–7% all-in — and agent commission is customarily paid by the seller. The catch is financing: with Selic at 13.75% (September 2026), headline mortgage rates start around 10.3% + TR at Caixa and 11.5–12% at the private banks for those who qualify, and non-resident foreigners without a CRNM generally cannot borrow domestically at all.
Market overview
The average asking price nationally is about R$9,850/m² (FipeZAP index, June 2026) — the figure shown above — while the median closed sale price is lower, around R$7,700/m² (roughly US$1,492). São Paulo's median sits near R$10,800/m² and Rio around R$8,500/m² — though Ipanema and Leblon can exceed R$30,000/m². Gross yields average about 5.7% nationally, but condominium fees of R$400–1,500 a month can cut net yields to roughly 4%.
Popular locations:
Mortgage rates in Brazil (2026)
| Bank | Rate | Max LTV | Website |
|---|
Calculate your monthly payment →
True cost of buying & owning
Get your exact numbers with the Hidden Buying Costs and Annual Ownership Costs calculators.
Step-by-step buying process
Protect your purchase
Once you own it, insure it. Compare the main home-insurance providers operating in Brazil on our Home Insurance by Country page — and see our Home Design & Décor guide for furnishing it.