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Property prices in João Pessoa

Priscilla
#1
Hello everyone,

Finding affordable housing in João Pessoa 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 João Pessoa?

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

Thank you in advance for your clarifications.

Priscilla
1 member reacted to this post
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McLen
#2
Hi Priscilla,

I am planning to move to Joao Pessoa in 2021. My fiancée and I have narrowed down our search to the following neighborhoods, based on convenience, safety and affordability. Most of these are north-central part of the city.
• Aeroclube
• Bancarios
• Bessa
• Brisamar
• Cabo Branco
• Barrio dos Estados
• Manaira
• Tambau
• Torre
• Bairro dos Ipês

We are looking for about 60-80 sq m apartment, 2 bedroom. We've found many in the R$150k-220k price range, although a few lesser-quality ones are available below R$150.

• ITBI (Transfer tax) about 2% of property value.
• Closing cost is about 4%.

The procedure is covered here in good detail:
https://internationalliving.com/countri … al-estate/

OLX is a good starting point for searching. Here's the search pattern we use:
https://pb.olx.com.br/paraiba/joao-pess … /2-quartos
There are other good real estate websites.
https://www.imovelweb.com.br/apartament … artos.htmlhttps://www.zapimoveis.com.br/venda/imo … 2-quartos/https://www.vivareal.com.br/venda/parai … sidencial/

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