Brazil: In Rio, hotels become residential buildings

Projects in the South Zone, Downtown, and Barra da Tijuca seek to overcome the shortage of space for high-end developments in the city and attract investments.

RIO DE JANEIRO, BRAZIL - In Rio, hotels are turning into residential buildings. There are at least five projects of this type underway in the city.

Developers and investment funds take advantage of the location, usually near the beaches, to change the use of the Hotel Glória, Atl . . .

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