A new ranking of cities with the most expensive m² in the country, compiled by FipeZap+, combined Balneario Camboriu on the north coast of Santa Catarina as the most expensive Brazilian city to buy real estate, data for September this year.

According to FipeZAP+, a square meter costs an average of R$10,741, the highest among the 50 cities surveyed. The average cost per square meter built in the country is R$8,214.

Balneario Camboriu, on the north coast of Santa Catarina, is known for its luxurious celebrity penthouses. Photo: Publicity/Reproduction/ND

This means that in order to become the owner of a standard property of 65 m² in the country, you must be prepared to pay an average of almost 534 thousand reais.

Balneario Camboriú is at the top of the ranking, in first place. Known for its large buildings, the city is the most expensive place to buy real estate, with a price per square meter of around R$10,741. Prices in the city have increased by 23.83% over the past 12 months.

In second place is the capital of Sao Paulo, with an average cost of 10,055 reais/m². Over the past 12 months, the city has accumulated an increase of more than 4.54% in the price per square meter.

Balneario Camboriú leads the ranking of cities with the most expensive square meter in Brazil – Photo: Publicity/Prefeitura Balneario Camboriú/ND

It is the capital city with the highest average residential property sale price in September 2022. Now, to become the owner of a property of 65 m² in the capital of São Paulo, you need to pay an average of more than 650 reais. one thousand.

Just behind SP is Rio de Janeiro in third place. Cidade Maravilhosa charges an average of R$9,843 per square metre. But areas like Leblon, Ipanema and Lagoa reach R$21,744, R$20,314 and R$16,691 per square meter respectively.

However, Balneario Camboriu is not the only city on the North Coast to achieve prominence in the top five. Itapema is in fourth place with an average cost of 9,810 reais per square meter, and the city also excels in building to a high standard. projects called the new Brazilian Dubai, right behind neighboring Balneario Camboriu.

In fifth place is Vitoria, the capital of Espírito Santo, with an average cost of 9,810 reais per square metre. The capital of Santa Catarina, Florianopolis, is in sixth place with an average cost of 9,794 reais per square meter.

Itajaí, also located on the northern coast of Santa Catarina, ranks seventh with an average cost per square meter of R$8,988. In eighth place is Brasilia with an average cost of R$8,780 per square metre. Curitiba (PR) is in 9th place with an average cost of R$8,315 per square metre.

Rounding out the top ten is Barueri in São Paulo with an average cost of R$8,153 per square metre.