Rio Real Estate Remains a Good Investment

By Fiona Hurrell, Senior Contributing Reporter

RIO DE JANEIRO, BRAZIL - The price of property in Brazil is always a talking point, particularly in Rio, where good apartments are in short supply and often come with a hefty price tag. In 2011 the average cost per square meter in Rio rose a staggering 34.9 percent, with the coveted neighborhoods of Leblon and Ipanema in Rio's Zona Sul (South Zone) continuing to command the highest figures.

Unsurprisingly the . . .

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