RIO DE JANEIRO, BRAZIL - While more and more Brazilians are looking for meat bones in dumpsters in many cities, Brazil's upscale luxury real estate market is celebrating record sales. Never before have so many properties worth more than R$30 million (US$5.2 million) been sold in the country, say specialized brokers heard by G1 media.
Benjamin Cano, partner of Rio Exception, says that in the 11 years he has been negotiating the purchase and sale of luxury properties in Rio, he has never closed so many deals.
"We have almost three sales a month, which is totally . . .