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Property prices in Fortaleza

Hello everyone,

Finding affordable housing in Fortaleza is number one priority for newcomers. Tell us more about the estate market in your district/city/region.

What are the most desired places to live? What are the most affordable ones? What is the average cost of a rented flat? And what is the average sale price for an appartment or a house? Could you tell us more about local real estate policies/procedures? What about property tax or residency tax in Fortaleza?

What about you? Where do you live now? Is it a place you would recommend?

Thank you in advance for your clarifications.

Priscilla

Fortaleza is a amazing town, but if you like easy life style l would recommend Maranguape or Euzebio, 20 min from Fortaleza but properties price way lower and less rush life style.

We own a very small condo (2 bedrooms, 2 bathrooms, about 100 square meters total) in the Fatima neighborhood, which is a relatively upscale neighborhood fairly close to downtown. The building is about 15 years old and has a lot of amenities in the common areas (pool, sauna, areas to host parties, etc.).

But we don't live there. It's too small for our family of four. So, we currently rent the condo to a family member for R$1200 per month. In addition to the rent, the tenant pays a condominium fee of R$460 per month. Someone told us recently that the condo is worth about R$500,000, but I don't know how accurate that is.

We are currently looking at houses for rent in the Montese / Bom Futuro / Parreao neighborhoods. For R$1600 a month, you can rent a pretty huge house.

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