Building Costs Per Square Metre in Brazil – Turner &Townsend | SINAPI

Building Costs Per Square Metre in Brazil – Turner and Townsend & SINAPI

Sophisticated Villa in Angra dos Reis with 700 m2 living space (2)

Sophisticated Villa in Angra dos Reis with 700 m2 living space (2) – Luxury Mansion in Forested Countryside Paradise with 10 Bedrooms, 10 Bathrooms,2 Living Rooms, 2 Kitchens, Gourmet Area, Swimming Pool, Steam Room, 11 Car Garage,
Office,Laundry, 2 Pantries, Balcony, Vegetable Garden, Storeroom and Panoramic Views Facing the Pool and Lake. Total Gross Floor Area of
700m2 on 1600m2 of Land.- Price R$4,200,000 BRL equivalent to US$884,191 City: Angra dos Reis
Region: Rio de Janeiro, Brazil

Cost of Building a House in Brazil

Construction costs are very low because both labor and (local) materials are fairly inexpensive in Brazil. An individual Brazilian will construct his home with local labor for between 600 and 1000 reals (between $220 and 370 per m2), depending on the finishing (in March 2005, this equates to between $220 and 370 per m2). Most construction contractors will charge between 800 and 1200 reals for their services. In actuality, in June 2005, the average building price in the North East (Bahia, Recife, Natal, Fortaleza) was:

  • 628 reals (simple quality level)
  • 720 reals for a mediocre quality level
  • The level of luxury is 1003 reals.

These costs do not include fees and licenses for architects and engineers and kitchens (Brazilian homes usually come only with a kitchen top and sink).

In the previous five years, the cost of building a house in Brazil has climbed by over 50% per square meter.

The average value of a square meter of a building climbed by 47.43 percent from the end of 2016 to the end of 2021, from R$1,027.30 to R$1,514.52 (US$273), according to data from Sinapi (National Research System of Costs and Indices in Construction). The total inflation rate was 28.15 percent for the same period. Labor and material costs are factored into the calculations.

Types of dwellings found in brazil and their building costs

Despite significant urbanization, Brazil’s housing supply and living standards remain inadequate. Large, expansive slums are common in major cities, but most rural residents lack basic running water and electricity services. Nearly 35 million people lived in the United States in the mid-1990s. According to the most recent estimates, more than 80% of all housing units are detached houses made of brick, stone, wood, or concrete; less than 10% are apartments; less than 10% are rural cottages made of wood or clay, and less than 5% are semi-private units known as “quartes.” Approximately 74% of all homes were occupied by their owners (1998 est.).

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