In short
On a R$ 500 thousand home in Belo Horizonte (Minas Gerais), the ITBI transfer tax, the notary deed and the registration come to R$ 26,046. The city's ITBI rate is 3%. 25.5% of occupied homes were rented in the 2022 Census.
Calculate for Belo Horizonte
The questions, answered
How much are the purchase costs on a R$ 500 thousand home in Belo Horizonte?
On a R$ 500 thousand home in Belo Horizonte (Minas Gerais), ITBI transfer tax (3%) R$ 15,000, notary deed (escritura) R$ 5,523, registration at the property registry R$ 5,523: R$ 26,046 in all, from the rates and fee tables read on 15 October 2026.
How much are the purchase costs on a R$ 1 million home in Belo Horizonte?
On a R$ 1 million home in Belo Horizonte (Minas Gerais): ITBI transfer tax (3%) R$ 30,000, notary deed (escritura) R$ 6,867, registration at the property registry R$ 6,867, R$ 43,733 in all.
What is the ITBI rate in Belo Horizonte?
Belo Horizonte charges ITBI at 3% of the value of the transfer (Lei nº 5.492/1988 arts. 5 and 6; Lei nº 9.814/2010 art. 12; Lei nº 8.147/2013; Lei nº 10.692/2013); the same law sets a reduced rate of 0% or 1.5% for some purchases it defines (see the purchase costs calculator).
What monthly payment on a R$ 500 thousand home in Belo Horizonte?
R$ 400,000 borrowed on a R$ 500 thousand home (CMN cap 80%) costs R$ 3,730 a month with Price over 30 years at 11.28% (August 2026), or R$ 4,690 the first month with SAC.
Do more people rent in Belo Horizonte than in Brazil as a whole?
In the 2022 Census, 25.5% of the 889,242 occupied homes in Belo Horizonte were rented and 68% owned by a resident, against 22.2% rented across Brazil (IBGE).
How many people live in Belo Horizonte?
Belo Horizonte had 2,315,560 residents in the 2022 Census, and 2,415,451 in the IBGE estimate for 2026.
How Belo Horizonte compares
Belo Horizonte ranks 6th by population among the 55 cities on Payotte, with 2,315,560 residents in the 2022 Census, 11.3% of Minas Gerais's 20,539,989. The IBGE estimate for 2026, 2,415,451, is 4.3% above the census: in line with Minas Gerais as a whole (4.5%), 46th of 55 cities, against 5.5% for Brazil. The census counts 2.6 residents per occupied home, fewer than the 2.73 of Minas Gerais.
25.5% of the 889,242 occupied homes of Belo Horizonte were rented in 2022, well above the 22.2% national share, and 3 points above Minas Gerais (22.5%); 68% were owned by a resident. That is the 39th highest rental share of 55 cities.
Belo Horizonte charges ITBI at 3%, above the 2% median of the 41 city rates read (1 city charges more). That is R$ 15,000 on R$ 500 thousand and R$ 30,000 on R$ 1 million; the law also lists 0% and 1.5% for some purchases it defines, which the calculator does not apply.
By population the closest cities on Payotte are Manaus (2,063,689 residents, 26.1% of homes rented) and Salvador (2,417,678 residents, 21.4% of homes rented, ITBI 3%). In the Sudeste region, which has 20 of the 55 cities, Belo Horizonte has the 15th highest share of rented homes. Its 2.6 residents per occupied home rank 46th of 55, among the least crowded.
| Measure | Value | Reference | Rank |
|---|---|---|---|
| Belo Horizonte: residents, 2022 Census | 2,315,560 | median city 616,317 | 6th of 55 |
| Belo Horizonte: share of Minas Gerais's residents | 11.3% | 20,539,989 in the state | 1st of 2 in the state |
| Belo Horizonte: estimate for 2026 against the census | +4.3% | Minas Gerais +4.5% | 46th of 55 |
| Belo Horizonte: occupied homes, 2022 | 889,242 | Minas Gerais 7,534,797 | 5th of 55 |
| Belo Horizonte: residents per occupied home | 2.6 | Minas Gerais 2.73 | 46th of 55 |
| Belo Horizonte: homes rented | 25.5% | Brazil 22.2%, Minas Gerais 22.5% | 39th of 55 |
| Belo Horizonte: homes owned by a resident | 68% | Minas Gerais 70.7% | 21st of 55 |
| Belo Horizonte: ITBI rate | 3% | median of 41 cities 2% | 2nd of 41 |
| Belo Horizonte: ITBI on R$ 500 thousand | R$ 15,000 | at the median rate R$ 10,000 | +R$ 5,000 |
| Belo Horizonte: ITBI on R$ 1 million | R$ 30,000 | at the median rate R$ 20,000 | +R$ 10,000 |
| Belo Horizonte: all computed lines on R$ 500 thousand | R$ 26,046 | 5.21% of the price | R$ 43,733 on R$ 1 million |
Notary and registry fees, the median financed home and the construction cost of Minas Gerais are on its state page.
The figures
| Measure | Value | Source |
|---|---|---|
| ITBI transfer tax (3%), Belo Horizonte, on R$ 500 thousand | R$ 15,000 | Lei nº 5.492/1988 arts. 5 and 6; Lei nº 9.814/2010 art. 12; Lei nº 8.147/2013; Lei nº 10.692/2013 |
| Notary deed (escritura), Belo Horizonte, on R$ 500 thousand | R$ 5,523 | Minas Gerais 2026 fee table |
| Registration at the property registry, Belo Horizonte, on R$ 500 thousand | R$ 5,523 | Minas Gerais 2026 fee table |
| Population, 2022 Census | 2,315,560 | IBGE |
| Population estimate, 2026 | 2,415,451 | IBGE |
| Occupied homes rented, 2022 Census | 25.5% | IBGE |
| Average rate, new housing loans to individuals (2026-08) | 11.28% | Banco Central do Brasil, SGS 20774 |
| Selic target, since 2026-09-17 | 13.75% | Banco Central do Brasil, Copom |
No open official series gives home prices by city in Brazil; the Banco Central median is by state.
Elsewhere in Minas Gerais
Sources
- ITBI, Belo Horizonte: Lei nº 5.492/1988 arts. 5 and 6; Lei nº 9.814/2010 art. 12; Lei nº 8.147/2013; Lei nº 10.692/2013 (consulted 2026-10-15).
- Notary and registry fees, Minas Gerais: Portaria n. 8.664/CGJ/2025 (TJMG), DJe 2025-12-18, in force 2026-01-01 (Anexo Unico, Lei estadual 15.424/2004); the calculator.
- Census and construction cost: IBGE, SIDRA (4714, 6579, 9930, 2296).
- Loans and values: Banco Central do Brasil open data (ODbL 1.0); Copom decisions.