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What R$5,000 Rents in Rio de Janeiro in 2015

By Lisa Flueckiger, Contributing Reporter

RIO DE JANEIRO, BRAZIL – Even though the market is currently cooling down and rents are mostly increasing below inflation, real estate in Rio de Janeiro is quite expensive. Yet, a budget of R$5,000 (before condo fees and taxes) can already get you two to three bedrooms in the city’s most desired neighborhoods in Zona Sul (South Zone).

As one of the most exclusive and attractive neighborhoods in Rio, Leblon is less crowded and more extravagant than its neighbor Ipanema. In Leblon some of the most elegant bars and restaurants . . .

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