IBOV 177,681 ▲ 2.86% IPSA 11,032 ▲ 0.06% IPC MEX 66,524 ▲ 0.63% MERVAL 3,280,865 ▲ 2.45% COLCAP 2,307.67 ▲ 0.65% BVL PERÚ 56,194.27 ▲ 1.29% USD/BRL5.11▼ 0.19% USD/MXN17.46▼ 0.47% USD/CLP923.17▼ 0.49% USD/COP3,247▼ 2.86% USD/PEN3.39▼ 0.31% USD/ARS1,487▼ 0.03% USD/UYU40.22▲ 1.20% USD/PYG6,055▲ 1.53% USD/BOB10.14▲ 4.01% USD/DOP58.48▼ 0.12% USD/CRC448.82▲ 1.40% USD/GTQ7.63▲ 2.28% USD/HNL26.72▲ 1.50% USD/NIO36.62▲ 0.26% USD/VES707.92▼ 0.13% USD/PAB1.00— 0.00% USD/BZD2.00— 0.00% USD/JMD158.07▲ 0.80% USD/TTD6.75▲ 1.32% EUR/BRL5.83▼ 1.09% BRENT 75.99 ▼ 0.41% WTI 71.52 ▼ 0.78% IRON ORE 161.91 — — COPPER 6.28 ▲ 1.11% GOLD 4,122 ▼ 0.22% SILVER 60.22 ▼ 0.26% SOY 1,190 ▲ 0.83% CORN 460.25 ▲ 7.60% WHEAT 639.25 ▲ 4.58% COFFEE 337.75 ▼ 5.38% SUGAR 14.86 ▼ 1.72% ORANGE JUICE 143.25 ▼ 4.44% COTTON 80.87 ▲ 6.18% COCOA 5,973 ▼ 5.33% BEEF 235.00 ▼ 0.11% CATTLE 354.38 ▼ 0.50% LITHIUM 72.32 ▼ 0.69% PETR4 39.65 ▲ 1.12% VALE3 74.25 ▲ 1.50% ITUB4 44.25 ▲ 3.90% BBDC4 18.85 ▲ 4.72% ABEV3 15.78 ▲ 0.38% BBAS3 20.56 ▲ 2.80% B3SA3 15.41 ▲ 4.19% WEGE3 46.51 ▲ 1.68% PRIO3 55.40 ▼ 0.38% SUZB3 41.37 ▲ 0.83% RENT3 40.91 ▲ 3.83% AZZA3 19.19 ▲ 3.95% CSAN3 4.05 ▲ 4.92% RAIZ4 0.35 ▼ 5.41% PCAR3 2.74 ▼ 0.72% GMAT3 3.95 ▲ 0.51% PSSA3 54.70 ▲ 2.53% CVCB3 1.26 ▲ 0.80% POSI3 4.01 ▲ 4.16% SLCE3 14.06 ▲ 1.96% NATU3 8.56 ▲ 1.18% BRKM5 6.60 ▲ 3.77% RANI3 8.02 ▲ 2.04% CSNA3 5.18 ▲ 7.92% CMIN3 5.18 ▲ 7.25% USIM5 8.44 ▲ 1.08% GGBR4 22.91 ▲ 1.91% ENEV3 27.44 ▲ 4.73% CPFE3 47.69 ▲ 3.02% CMIG4 11.39 ▲ 2.80% EQTL3 40.93 ▲ 3.59% LREN3 14.60 ▲ 3.18% VIVT3 35.85 ▲ 3.91% RAIL3 14.36 ▲ 4.44% KLABIN 17.50 ▲ 0.57% RAIA DROGASIL 18.76 ▲ 3.47% RDOR3 35.90 ▲ 2.13% HAPV3 10.55 ▲ 4.77% FLRY3 16.46 ▲ 4.51% SMTO3 16.30 ▲ 1.56% UGPA3 30.81 ▲ 2.36% VBBR3 32.88 ▲ 2.43% BBSE3 40.28 ▲ 2.55% BPAC11 58.98 ▲ 5.93% CURY3 34.16 ▲ 4.46% AERI3 2.07 ▲ 0.49% VIVARA 23.62 ▲ 4.61% COMPASS 25.50 ▲ 3.32% VAMOS 3.09 ▲ 4.39% SANB11 27.44 ▲ 4.53% ASAI3 8.92 ▲ 5.44% SBSP3 31.03 ▲ 3.43% WALMEX 49.36 ▲ 0.69% GMEXICO 199.60 ▲ 2.18% FEMSA 223.28 ▲ 0.41% CEMEX 21.88 ▲ 0.78% GFNORTE 186.73 ▲ 0.74% BIMBO 56.20 ▲ 0.48% TELEVISA 9.72 ▲ 2.42% AMX 22.70 ▲ 0.27% GAP 412.58 ▼ 0.28% ASUR 283.67 ▲ 0.02% OMA 236.40 ▼ 0.67% KOF 181.66 ▲ 0.42% GRUMA 283.63 ▲ 0.36% KIMBER 38.08 ▼ 0.94% SQM-B 68,065 ▼ 1.50% COPEC 6,090 ▲ 1.17% BSANTANDER 78.40 ▲ 1.16% FALABELLA 5,949 ▲ 1.68% ENELAM 85.12 ▲ 1.14% CENCOSUD 2,044 ▼ 0.61% CMPC 1,109 ▲ 1.32% BANCO CHILE 187.53 ▲ 0.28% LATAM AIR 26.21 ▼ 0.72% YPF 74,400 ▼ 1.81% GGAL 8,315 ▲ 5.52% PAMPA 5,185 ▼ 0.38% TXAR 671.00 ▲ 0.98% ALUAR 977.50 ▲ 0.93% TGS 9,575 ▲ 2.85% CEPU 2,400 ▲ 3.67% MIRGOR 17,100 ▼ 0.58% COME 46.00 ▲ 1.28% LOMA NEGRA 3,580 ▲ 2.36% BYMA 314.25 ▲ 1.45% TELECOM ARG 4,248 ▲ 3.09% ECOPETROL 15.58 ▲ 1.23% BANCOLOMBIA 83.01 ▲ 2.57% GRUPO AVAL 5.08 ▲ 1.20% CREDICORP 400.84 ▲ 2.28% SOUTHERN COPPER 175.85 ▲ 0.81% BUENAVENTURA 30.02 ▲ 1.59% MERCADOLIBRE 1,853 ▲ 2.49% NUBANK 13.81 ▲ 0.99% XP 16.92 ▲ 3.11% PAGSEGURO 9.26 ▲ 2.83% STONE 11.21 ▲ 2.28% GLOBANT 29.92 ▼ 4.38% TECNOGLASS 43.92 ▲ 1.81% GAP AIRPORT 235.77 ▲ 0.55% ASUR 283.67 ▲ 0.02% OMA AIRPORT 108.09 ▼ 0.22% AMX ADR 26.04 ▲ 0.77% FEMSA ADR 127.65 ▲ 0.51% CEMEX ADR 12.46 ▲ 0.73% PETROBRAS ADR 17.32 ▲ 1.70% VALE ADR 14.46 ▲ 1.69% ITAU ADR 8.62 ▲ 4.12% SANTANDER BR 5.40 ▲ 5.06% AMBEV ADR 3.07 ▲ 0.99% CSN 1.02 ▲ 6.32% GERDAU 4.51 ▲ 2.15% LATAM ADR 56.56 ▼ 0.84% BTC 63,778 ▲ 0.92% ETH 1,792 ▲ 2.70% SOL 77.87 ▼ 0.22% XRP 1.10 ▲ 1.03% BNB 575.71 ▲ 1.27% ADA 0.17 ▲ 0.17% DOGE 0.07 ▲ 1.73% AVAX 6.74 ▲ 0.85% LINK 7.90 ▲ 2.22% DOT 0.87 ▲ 5.68% LTC 44.63 ▲ 1.98% BCH 245.91 ▲ 3.42% TRX 0.33 ▼ 0.38% XLM 0.19 ▲ 1.95% HBAR 0.07 ▼ 0.09% NEAR 1.87 ▼ 2.47% ATOM 1.59 ▲ 2.59% AAVE 96.73 ▲ 6.00% SELIC 14.25% EMBRAER 84.71 ▲ 1.01% EMBRAER ADR 66.02 ▲ 0.72% JBS 11.90 ▲ 1.45% JBS BDR 60.60 ▲ 0.92% MBRF3 15.61 ▲ 1.30% MBRFY 2.97 ▼ 1.00% INTER 5.82 ▲ 1.93% EGX 52,312 ▲ 0.54% USD/ZAR16.31▼ 0.12% USD/NGN1,376▼ 0.12% NIKKEI 68,558 ▲ 1.20% CSI300 4,781 ▼ 1.96% HSI 24,175 ▲ 0.60% NIFTY 24,207 ▲ 1.02% KOSPI 7,476 ▲ 2.52% JCI 5,924 ▲ 0.20% USD/JPY161.72▼ 0.41% USD/CNY6.78▼ 0.25% DAX 25,067 ▼ 0.20% CAC 8,339 ▲ 0.15% FTSE 10,497 ▲ 0.24% MIB 52,614 ▲ 0.44% IBEX 19,385 ▲ 0.32% STOXX 641.10 ▲ 0.04% EUR/USD1.14▼ 0.10% GBP/USD1.34▲ 0.02% SPX 7,573 ▲ 0.39% DJI 52,637 ▲ 0.29% NDX 29,825 ▲ 0.33% RUT 2,980 ▼ 0.41% TSX 35,305 ▲ 0.30% VIX 15.08 ▼ 4.80% USD/CAD1.42▼ 0.09% US10Y 4.5690 ▲ 0.66% IBOV 177,681 ▲ 2.86% IPSA 11,032 ▲ 0.06% IPC MEX 66,524 ▲ 0.63% MERVAL 3,280,865 ▲ 2.45% COLCAP 2,307.67 ▲ 0.65% BVL PERÚ 56,194.27 ▲ 1.29% USD/BRL 5.11 ▼ 0.19% USD/MXN 17.47 ▼ 0.46% USD/CLP 923.17 ▼ 0.49% USD/COP 3,247 ▼ 2.86% USD/PEN 3.39 ▼ 0.31% USD/ARS 1,487 ▼ 0.03% USD/UYU 40.22 ▲ 1.20% USD/PYG 6,055 ▲ 1.53% USD/BOB 10.14 ▲ 4.01% USD/DOP 58.48 ▼ 0.12% USD/CRC 448.82 ▲ 1.40% USD/GTQ 7.63 ▲ 2.28% USD/HNL 26.72 ▲ 1.50% USD/NIO 36.62 ▲ 0.26% USD/VES 707.92 ▼ 0.13% USD/PAB 1.00 — 0.00% USD/BZD 2.00 — 0.00% USD/JMD 158.07 ▲ 0.39% USD/TTD 6.75 ▲ 1.44% EUR/BRL 5.83 ▼ 1.10% BRENT 75.99 ▼ 0.41% WTI 71.52 ▼ 0.78% IRON ORE 161.91 — — COPPER 6.28 ▲ 1.11% GOLD 4,122 ▼ 0.22% SILVER 60.22 ▼ 0.26% SOY 1,190 ▲ 0.83% CORN 460.25 ▲ 7.60% WHEAT 639.25 ▲ 4.58% COFFEE 337.75 ▼ 5.38% SUGAR 14.86 ▼ 1.72% ORANGE JUICE 143.25 ▼ 4.44% COTTON 80.87 ▲ 6.18% COCOA 5,973 ▼ 5.33% BEEF 235.00 ▼ 0.11% CATTLE 354.38 ▼ 0.50% LITHIUM 72.32 ▼ 0.69% PETR4 39.65 ▲ 1.12% VALE3 74.25 ▲ 1.50% ITUB4 44.25 ▲ 3.90% BBDC4 18.85 ▲ 4.72% ABEV3 15.78 ▲ 0.38% BBAS3 20.56 ▲ 2.80% B3SA3 15.41 ▲ 4.19% WEGE3 46.51 ▲ 1.68% PRIO3 55.40 ▼ 0.38% SUZB3 41.37 ▲ 0.83% RENT3 40.91 ▲ 3.83% AZZA3 19.19 ▲ 3.95% CSAN3 4.05 ▲ 4.92% RAIZ4 0.35 ▼ 5.41% PCAR3 2.74 ▼ 0.72% GMAT3 3.95 ▲ 0.51% PSSA3 54.70 ▲ 2.53% CVCB3 1.26 ▲ 0.80% POSI3 4.01 ▲ 4.16% SLCE3 14.06 ▲ 1.96% NATU3 8.56 ▲ 1.18% BRKM5 6.60 ▲ 3.77% RANI3 8.02 ▲ 2.04% CSNA3 5.18 ▲ 7.92% CMIN3 5.18 ▲ 7.25% USIM5 8.44 ▲ 1.08% GGBR4 22.91 ▲ 1.91% ENEV3 27.44 ▲ 4.73% CPFE3 47.69 ▲ 3.02% CMIG4 11.39 ▲ 2.80% EQTL3 40.93 ▲ 3.59% LREN3 14.60 ▲ 3.18% VIVT3 35.85 ▲ 3.91% RAIL3 14.36 ▲ 4.44% KLABIN 17.50 ▲ 0.57% RAIA DROGASIL 18.76 ▲ 3.47% RDOR3 35.90 ▲ 2.13% HAPV3 10.55 ▲ 4.77% FLRY3 16.46 ▲ 4.51% SMTO3 16.30 ▲ 1.56% UGPA3 30.81 ▲ 2.36% VBBR3 32.88 ▲ 2.43% BBSE3 40.28 ▲ 2.55% BPAC11 58.98 ▲ 5.93% CURY3 34.16 ▲ 4.46% AERI3 2.07 ▲ 0.49% VIVARA 23.62 ▲ 4.61% COMPASS 25.50 ▲ 3.32% VAMOS 3.09 ▲ 4.39% SANB11 27.44 ▲ 4.53% ASAI3 8.92 ▲ 5.44% SBSP3 31.03 ▲ 3.43% WALMEX 49.36 ▲ 0.69% GMEXICO 199.60 ▲ 2.18% FEMSA 223.28 ▲ 0.41% CEMEX 21.88 ▲ 0.78% GFNORTE 186.73 ▲ 0.74% BIMBO 56.20 ▲ 0.48% TELEVISA 9.72 ▲ 2.42% AMX 22.70 ▲ 0.27% GAP 412.58 ▼ 0.28% ASUR 283.67 ▲ 0.02% OMA 236.40 ▼ 0.67% KOF 181.66 ▲ 0.42% GRUMA 283.63 ▲ 0.36% KIMBER 38.08 ▼ 0.94% SQM-B 68,065 ▼ 1.50% COPEC 6,090 ▲ 1.17% BSANTANDER 78.40 ▲ 1.16% FALABELLA 5,949 ▲ 1.68% ENELAM 85.12 ▲ 1.14% CENCOSUD 2,044 ▼ 0.61% CMPC 1,109 ▲ 1.32% BANCO CHILE 187.53 ▲ 0.28% LATAM AIR 26.21 ▼ 0.72% YPF 74,400 ▼ 1.81% GGAL 8,315 ▲ 5.52% PAMPA 5,185 ▼ 0.38% TXAR 671.00 ▲ 0.98% ALUAR 977.50 ▲ 0.93% TGS 9,575 ▲ 2.85% CEPU 2,400 ▲ 3.67% MIRGOR 17,100 ▼ 0.58% COME 46.00 ▲ 1.28% LOMA NEGRA 3,580 ▲ 2.36% BYMA 314.25 ▲ 1.45% TELECOM ARG 4,248 ▲ 3.09% ECOPETROL 15.58 ▲ 1.23% BANCOLOMBIA 83.01 ▲ 2.57% GRUPO AVAL 5.08 ▲ 1.20% CREDICORP 400.84 ▲ 2.28% SOUTHERN COPPER 175.85 ▲ 0.81% BUENAVENTURA 30.02 ▲ 1.59% MERCADOLIBRE 1,853 ▲ 2.49% NUBANK 13.81 ▲ 0.99% XP 16.92 ▲ 3.11% PAGSEGURO 9.26 ▲ 2.83% STONE 11.21 ▲ 2.28% GLOBANT 29.92 ▼ 4.38% TECNOGLASS 43.92 ▲ 1.81% GAP AIRPORT 235.77 ▲ 0.55% ASUR 283.67 ▲ 0.02% OMA AIRPORT 108.09 ▼ 0.22% AMX ADR 26.04 ▲ 0.77% FEMSA ADR 127.65 ▲ 0.51% CEMEX ADR 12.46 ▲ 0.73% PETROBRAS ADR 17.32 ▲ 1.70% VALE ADR 14.46 ▲ 1.69% ITAU ADR 8.62 ▲ 4.12% SANTANDER BR 5.40 ▲ 5.06% AMBEV ADR 3.07 ▲ 0.99% CSN 1.02 ▲ 6.32% GERDAU 4.51 ▲ 2.15% LATAM ADR 56.56 ▼ 0.84% BTC 63,778 ▲ 0.92% ETH 1,792 ▲ 2.70% SOL 77.87 ▼ 0.22% XRP 1.10 ▲ 1.03% BNB 575.71 ▲ 1.27% ADA 0.17 ▲ 0.17% DOGE 0.07 ▲ 1.73% AVAX 6.74 ▲ 0.85% LINK 7.90 ▲ 2.22% DOT 0.87 ▲ 5.68% LTC 44.63 ▲ 1.98% BCH 245.91 ▲ 3.42% TRX 0.33 ▼ 0.38% XLM 0.19 ▲ 1.95% HBAR 0.07 ▼ 0.09% NEAR 1.87 ▼ 2.47% ATOM 1.59 ▲ 2.59% AAVE 96.73 ▲ 6.00% SELIC 14.25% EMBRAER 84.71 ▲ 1.01% EMBRAER ADR 66.02 ▲ 0.72% JBS 11.90 ▲ 1.45% JBS BDR 60.60 ▲ 0.92% MBRF3 15.61 ▲ 1.30% MBRFY 2.97 ▼ 1.00% INTER 5.82 ▲ 1.93% EGX 52,312 ▲ 0.54% USD/ZAR 16.30 ▼ 0.02% USD/NGN 1,376 ▲ 0.08% NIKKEI 68,558 ▲ 1.20% CSI300 4,781 ▼ 1.96% HSI 24,175 ▲ 0.60% NIFTY 24,207 ▲ 1.02% KOSPI 7,476 ▲ 2.52% JCI 5,924 ▲ 0.20% USD/JPY 161.74 ▼ 0.38% USD/CNY 6.7761 ▼ 0.23% DAX 25,067 ▼ 0.20% CAC 8,339 ▲ 0.15% FTSE 10,497 ▲ 0.24% MIB 52,614 ▲ 0.44% IBEX 19,385 ▲ 0.32% STOXX 641.10 ▲ 0.04% EUR/USD 1.1419 ▼ 0.13% GBP/USD 1.3400 ▼ 0.03% SPX 7,573 ▲ 0.39% DJI 52,637 ▲ 0.29% NDX 29,825 ▲ 0.33% RUT 2,980 ▼ 0.41% TSX 35,305 ▲ 0.30% VIX 15.08 ▼ 4.80% USD/CAD 1.4156 ▼ 0.07% US10Y 4.5690 ▲ 0.66%
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Life & Society Real Estate

Leme: Rio de Janeiro’s Little Secret

By · September 20, 2011 · 3 min read

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By Michael DeLeo, Contributing Reporter

RIO DE JANEIRO, BRAZIL – Many come to Rio De Janeiro having never heard of Leme, but this small borough boasts the same beautiful beach as Copacabana and the same main drag of cyclists, skaters and runners. The only difference being the lack of congestion and tourism, which are the same reasons that keep this little piece of Rio a favorite getaway for locals.

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The view from Leme spans the whole of Copacabana Beach, Rio de Janeiro, Brazil, News
The view from Leme spans the whole of Copacabana Beach, photo by Kim Dumo.
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At the end of Leme’s secluded beach you’ll find ‘Morro de Leme,’ a large mountain lined with a fisherman’s walk. This walkway is populated by local fishermen and provides the best view of Copacabana beach, hands down.

Walk a bit further and you’ll find another large mountain called ‘Morro do Urubus.’ In between the two mountains lies Forte do Leme (Forte Duque de Caixias) which was built in 1777 to protect Brazil from a Spanish invasion and now serves as a tourist attraction and a fantastic view point of the city.

One of Leme’s best assets is its peace and quiet, perfectly located away from the congested Tunel Engenheiro Coelho Cintra and nestled next to aforementioned Morro do Leme. This local area has no bus traffic and is set away from the bustling Avenue Princesa Isabel.

Another key element to Leme’s bliss is that it only stretches two blocks away from the beach, making the local population low. This may not attract your average tourist, thus the lack of large hotels lining the beach, but to most residents this tranquility is priceless.

Leme’s lack of square mileage does not squander the local nightlife. The quaint streets are dawned with the restaurants D’Amici for Italian food, a French restaurant San Sebastian, and a Spanish eatery named Shirly, amongst several others.

Morro do Leme in the evening, Rio de Janeiro, Brazil, News
Morro do Leme in the evening, photo by Jorge Lascar/Flickr Creative Commons License.

Visitors may have some trouble looking for post dinner entertainment since there is no cinema or theater. These flaws, however, could be viewed as positives since the lack of late night activity aids the quiet nights.

With all these positives Leme’s real estate prices are increasing, although remaining modest within some areas of the Rio De Janeiro market. A one-bedroom apartment will fetch R$1,600 to R$1,800 monthly rent, while a two-bedroom rent will cost you R$2,500 to R$3,000 (not including condo fees). Respectively, this is a R$300 and R$800 increase from our last report on Leme in January of this year.

Of course, beachfront apartments will cost much more, as much as R$7,000 for a two-bedroom. “Real estate prices are crazy right now,” explains Ana Toledo of Rio Apartment Rentals.

For those looking to buy, a recent search found one-bedrooms listed at R$320,00 and R$650,000, which is representative of the range increasing sharply. Two-bedrooms are listed from R$530,000 to R$1.3 million for the prized beachfront views.

Compare those prices to Ipanema and Copacabana and Leme seems like an easy decision, but be prepared to hoof it to Avenue Princesa Isabel for the closet bus stop. If you don’t commute often or don’t mind the walk then Leme is the place for you.

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