IBOV 179,722.48 ▲ 1.30% IPSA 11,315.26 ▼ 1.14% IPC MEX 65,314.78 ▼ 0.18% MERVAL 3,049,455 ▲ 0.51% COLCAP 2,470.26 ▲ 1.86% BVL PERÚ 59,450.29 ▲ 0.11% USD/BRL5.15▼ 0.60% USD/MXN17.00▲ 0.02% USD/CLP936.45▲ 0.24% USD/COP3,162▼ 1.23% USD/PEN3.36▼ 0.08% USD/ARS1,513▲ 0.25% USD/UYU40.24▲ 0.68% USD/PYG5,873▲ 0.47% USD/BOB12.08▲ 3.98% USD/DOP58.56▲ 0.38% USD/CRC446.47▲ 1.09% USD/GTQ7.62▲ 1.63% USD/HNL26.84▲ 1.11% USD/NIO36.62▲ 0.20% USD/VES799.17▲ 0.23% USD/PAB1.00— 0.00% USD/BZD2.00— 0.00% USD/JMD 157.28 — 0.00% USD/TTD6.69▼ 0.06% EUR/BRL5.97▼ 0.70% BRENT 88.88 ▼ 0.03% WTI 83.11 ▼ 0.11% IRON ORE 161.91 — — COPPER 6.61 ▲ 0.03% GOLD 4,461 ▲ 1.78% SILVER 65.59 ▲ 1.26% SOY 1,184 ▲ 3.20% CORN 480.50 ▲ 10.02% WHEAT 655.00 ▲ 3.93% COFFEE 317.25 ▼ 5.51% SUGAR 16.43 ▼ 1.79% ORANGE JUICE 138.55 ▼ 0.47% COTTON 85.03 ▲ 2.33% COCOA 5,719 ▲ 3.18% BEEF 223.60 ▼ 3.93% CATTLE 339.10 ▼ 3.16% LITHIUM 75.20 ▲ 1.47% PETR4 41.64 ▼ 0.05% VALE3 72.97 ▲ 0.83% ITUB4 38.60 ▼ 1.03% BBDC4 16.85 ▲ 0.36% ABEV3 14.89 ▼ 0.80% BBAS3 19.37 ▲ 0.47% B3SA3 14.26 ▼ 0.21% WEGE3 47.59 ▲ 0.49% PRIO3 59.14 ▼ 0.19% SUZB3 41.33 ▲ 2.35% RENT3 34.68 ▼ 0.09% AZZA3 15.89 ▼ 2.63% CSAN3 3.22 ▼ 1.83% RAIZ4 0.25 — 0.00% PCAR3 2.75 ▼ 0.36% GMAT3 3.65 ▼ 1.08% PSSA3 48.13 ▼ 0.54% CVCB3 1.33 ▼ 2.92% POSI3 3.36 ▲ 2.44% SLCE3 13.34 ▲ 0.30% NATU3 8.14 ▼ 0.73% IBOV 179,722.48 ▲ 1.30% IPSA 11,315.26 ▼ 1.14% IPC MEX 65,314.78 ▼ 0.18% MERVAL 3,049,455 ▲ 0.51% COLCAP 2,470.26 ▲ 1.86% BVL PERÚ 59,450.29 ▲ 0.11% USD/BRL 5.16 ▲ 0.01% USD/MXN 17.06 ▼ 0.24% USD/CLP 913.98 ▲ 0.04% USD/COP 3,140 ▲ 0.03% USD/PEN 3.36 ▼ 0.66% USD/ARS 1,493 ▲ 0.10% USD/UYU 40.27 ▲ 1.24% USD/PYG 5,939 ▲ 1.68% USD/BOB 11.64 ▼ 0.76% USD/DOP 58.34 ▲ 1.25% USD/CRC 445.92 ▲ 0.89% USD/GTQ 7.62 ▲ 2.21% USD/HNL 26.79 ▲ 1.57% USD/NIO 36.62 ▲ 0.69% USD/VES 762.44 ▼ 0.13% USD/PAB 1.00 — 0.00% USD/BZD 2.00 — 0.00% USD/JMD 157.28 — 0.00% USD/TTD 6.70 ▲ 0.61% EUR/BRL 5.95 ▲ 1.01% BRENT 88.88 ▼ 0.03% WTI 83.11 ▼ 0.11% IRON ORE 161.91 — — COPPER 6.61 ▲ 0.03% GOLD 4,461 ▲ 1.78% SILVER 65.59 ▲ 1.26% SOY 1,184 ▲ 3.20% CORN 480.50 ▲ 10.02% WHEAT 655.00 ▲ 3.93% COFFEE 317.25 ▼ 5.51% SUGAR 16.43 ▼ 1.79% ORANGE JUICE 138.55 ▼ 0.47% COTTON 85.03 ▲ 2.33% COCOA 5,719 ▲ 3.18% BEEF 223.60 ▼ 3.93% CATTLE 339.10 ▼ 3.16% LITHIUM 75.20 ▲ 1.47% PETR4 41.64 ▼ 0.05% VALE3 72.97 ▲ 0.83% ITUB4 38.60 ▼ 1.03% BBDC4 16.85 ▲ 0.36% ABEV3 14.89 ▼ 0.80% BBAS3 19.37 ▲ 0.47% B3SA3 14.26 ▼ 0.21% WEGE3 47.59 ▲ 0.49% PRIO3 59.14 ▼ 0.19% SUZB3 41.33 ▲ 2.35% RENT3 34.68 ▼ 0.09% AZZA3 15.89 ▼ 2.63% CSAN3 3.22 ▼ 1.83% RAIZ4 0.25 — 0.00% PCAR3 2.75 ▼ 0.36% GMAT3 3.65 ▼ 1.08% PSSA3 48.13 ▼ 0.54% CVCB3 1.33 ▼ 2.92% POSI3 3.36 ▲ 2.44% SLCE3 13.34 ▲ 0.30% NATU3 8.14 ▼ 0.73%
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Life & Society Real Estate

Botafogo, Still Rio de Janeiro’s Glorious Neighborhood

By · May 12, 2016 · 1 min read

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By Charlotte Markham, Contributing Reporter

RIO DE JANEIRO, BRAZIL – Sitting in front of Guanabara Bay, Botafogo has always been a prestigious neighborhood in Rio de Janeiro, ever since it housed the Portuguese Crown in the late 1800s. Today, it continues to draw nighttime revelers, foodies and young professionals as an unpretentious contemporary melting pot of Rio’s hip and trendy.

Brazil News, Brazil, Rio de Janeiro, Botafogo
Guanabara bay and Botafogo beach has one of the most stunning views of Sugarloaf Mountain, photo by Halley Pacheco de Oliveira/ Wikimedia Creative Commons License.
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As shown from the colonial mansions and Palacio da Cidade (workplace of city’s mayor), Botafogo once housed the richest and noblest of Rio’s assemblage. This prestigious past means there are now several architectural and cultural attractions of which to take note.

For example the Casa de Rui Barbosa, on Rua São Clemente, is a large mansion that is now a museum and gardens. Outside the a href=”https://theriotimes.wpengine.com/brazil-news/rio-sports/botafogo-profile-the-lone-star/” target=”_blank”>Botafogo  you can find the Manequinho statue, a replica of Belgium’s famous Manneken Pis, which became the symbol of the neighborhood.

Many of these colonial mansions have been transformed into some fantastic eateries. Duque on Barão de Itambi, places emphasis on complementary flavors and beautiful presentation with live music at weekends. Next door Via Farani has Italian downstairs and sushi upstairs. Irajá Gastrô and Miam Miam are considered exceptional.

There is no shortage of nighttime options. For hipsters a now firm favorite is Comuna. Best known for its gourmet burgers, every night the crowds spill out onto the street during the regular DJ nights. Crazy Cats and Ovelha Negra also cater for the hipster movement and Caverna or Casa Matriz are popular nightclubs. Nelson Mandela street, directly in front of the metro station, is also one of the busiest happy hour scenes in the city.

The Winehouse in Botafogo, Rio de Janeiro, Brazil, Brazil News
The Winehouse in Botafogo, owned by a British expatriate, specializes in the under-appreciated Brazilian wine, photo internet recreation.

Winehouse, owned by a British expatriate, specializes in the under-appreciated Brazilian wine. The appetizers, such as the homemade paté and a variety of unusual bruschettas, including gorgonzola and fig, compliment the beverages beautifully.

The House of Food hosts a different chef everyday by lending its kitchen to local food connoisseurs who serve food truck style cuisine that can be enjoyed with the wide selection of imported beers.

Although Botafogo’s beach is not a place for swimming, due to the pollution in Guanabara Bay, the cycle lane running parallel to the beach has perhaps the best view of Sugarloaf.

There are three malls in Botafogo: Rio Sul, Botafogo Praia Shopping and Casa e Gourmet Shopping which has an excellent selection of interior decoration shops. There are also five cinemas, each offering different discounts for example half price for Net bill or Itau accounts, check online to see the offers.

In terms of living in Botafogo the area has been attracting young couples and professionals who are looking to live in Zona Sul (South Zone) for a more affordable price. According to FipeZap the price of real estate has been declining slightly since 2015.

The average price of a square meter to buy in Botafogo is at the moment R$11.734, down from R$11.889 in January. A one bedroom or studio apartment costs around R$350,000, but usually some additional work will be needed. To rent, the average cost of a square meter is R$45.

With excellent transportation links, including the metro bus to Jardim Botanico and Gávea, and proximity to Copacabana, Lagoa and Centro, it is a cheaper alternative to other neighborhoods in Zona Sul. The Botafogo football (soccer) team’s slogan “O Glorioso,” (The Glorious One), still rings true for this favorite neighborhood in Rio, despite their recent loss to Vasco in the 2016 state championship.

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