IBOV 176,609 ▲ 0.49% IPSA 10,928 ▲ 0.16% IPC MEX 66,574 ▲ 0.91% MERVAL 3,221,709 ▼ 0.42% COLCAP 2,296.81 ▼ 0.47% BVL PERÚ 56,428.20 ▲ 1.15% USD/BRL5.07▼ 1.23% USD/MXN17.43▼ 0.57% USD/CLP925.75▼ 0.77% USD/COP3,247▼ 0.48% USD/PEN3.39▼ 0.61% USD/ARS1,470▼ 0.88% USD/UYU40.23▲ 0.99% USD/PYG6,039▲ 1.12% USD/BOB10.35▲ 6.04% USD/DOP58.25▲ 0.29% USD/CRC448.93▲ 1.31% USD/GTQ7.62▲ 2.07% USD/HNL26.73▲ 1.38% USD/NIO36.62▲ 0.63% USD/VES722.19▼ 0.13% USD/PAB1.00— 0.00% USD/BZD2.00— 0.00% USD/JMD156.98▲ 0.25% USD/TTD6.75▲ 1.19% EUR/BRL5.80▼ 0.42% BRENT 85.24 ▲ 2.33% WTI 79.72 ▲ 2.02% IRON ORE 161.91 — — COPPER 6.37 ▲ 2.12% GOLD 4,059 ▲ 1.56% SILVER 58.94 ▲ 2.27% SOY 1,191 ▼ 0.96% CORN 459.50 ▲ 4.97% WHEAT 644.00 ▲ 2.71% COFFEE 327.00 ▼ 4.22% SUGAR 14.92 ▲ 1.15% ORANGE JUICE 140.90 ▼ 1.16% COTTON 81.68 ▲ 2.32% COCOA 5,936 ▲ 4.21% BEEF 231.58 ▼ 1.34% CATTLE 349.63 ▼ 1.33% LITHIUM 71.31 ▲ 1.52% PETR4 40.68 ▲ 0.05% VALE3 74.22 ▲ 1.88% ITUB4 43.52 — 0.00% BBDC4 18.60 ▼ 0.91% ABEV3 15.81 ▼ 0.13% BBAS3 20.57 ▲ 1.63% B3SA3 15.46 ▲ 2.25% WEGE3 44.36 ▼ 0.07% PRIO3 57.04 ▼ 0.28% SUZB3 41.38 ▼ 0.27% RENT3 40.45 ▲ 0.62% AZZA3 18.89 ▼ 1.72% CSAN3 3.90 — 0.00% RAIZ4 0.31 ▼ 6.06% PCAR3 2.47 ▼ 4.63% GMAT3 4.00 ▲ 1.52% PSSA3 54.38 ▲ 0.63% CVCB3 1.35 ▲ 8.00% POSI3 3.99 — 0.00% SLCE3 13.74 ▼ 0.94% NATU3 8.54 ▼ 0.70% BRKM5 6.68 ▼ 3.75% RANI3 8.02 ▲ 0.88% CSNA3 5.15 ▼ 1.72% CMIN3 5.03 ▼ 7.71% USIM5 8.27 ▼ 1.31% GGBR4 23.15 ▲ 1.45% ENEV3 26.91 ▲ 0.11% CPFE3 47.27 ▲ 0.92% CMIG4 11.20 ▲ 1.17% EQTL3 40.86 ▲ 1.62% LREN3 14.31 ▲ 1.13% VIVT3 35.53 ▲ 2.30% RAIL3 14.11 — 0.00% KLABIN 17.45 ▼ 0.17% RAIA DROGASIL 18.45 ▲ 1.37% RDOR3 36.04 ▲ 1.35% HAPV3 11.05 ▲ 5.64% FLRY3 16.46 ▲ 1.92% SMTO3 16.16 ▼ 1.28% UGPA3 29.93 ▼ 3.23% VBBR3 33.09 ▲ 1.01% BBSE3 40.29 ▲ 0.02% BPAC11 58.00 ▲ 0.83% CURY3 33.62 ▲ 1.51% AERI3 2.06 ▼ 0.96% VIVARA 23.47 ▲ 1.56% COMPASS 25.22 ▲ 1.82% VAMOS 3.10 ▲ 2.65% SANB11 27.38 ▲ 0.04% ASAI3 8.68 ▼ 0.34% SBSP3 30.38 ▲ 0.03% WALMEX 49.35 ▼ 0.60% GMEXICO 200.69 ▲ 2.61% FEMSA 232.36 ▲ 3.11% CEMEX 22.17 ▲ 1.79% GFNORTE 186.28 ▲ 2.31% BIMBO 56.36 ▲ 0.88% TELEVISA 9.51 ▼ 1.04% AMX 22.88 ▲ 1.28% GAP 395.08 ▼ 3.21% ASUR 277.76 ▼ 0.32% OMA 235.73 ▲ 1.03% KOF 180.40 ▼ 0.70% GRUMA 280.31 ▼ 0.38% KIMBER 38.53 ▲ 0.81% SQM-B 67,450 ▲ 0.36% COPEC 6,150 ▲ 1.53% BSANTANDER 78.63 ▲ 0.55% FALABELLA 5,910 ▲ 0.09% ENELAM 84.84 ▲ 0.76% CENCOSUD 2,056 ▲ 0.80% CMPC 1,087 ▲ 0.80% BANCO CHILE 188.30 ▲ 1.78% LATAM AIR 24.66 ▼ 0.96% YPF 77,575 ▲ 0.52% GGAL 7,935 ▼ 1.79% PAMPA 5,200 ▼ 0.48% TXAR 662.00 ▼ 0.38% ALUAR 948.00 ▼ 1.71% TGS 9,685 ▲ 1.20% CEPU 2,305 ▼ 0.60% MIRGOR 16,750 ▼ 1.47% COME 45.30 ▲ 1.16% LOMA NEGRA 3,520 ▲ 0.64% BYMA 303.00 ▼ 1.70% TELECOM ARG 4,310 ▲ 1.41% ECOPETROL 16.03 ▲ 0.97% BANCOLOMBIA 81.53 ▲ 1.37% GRUPO AVAL 4.91 ▼ 0.10% CREDICORP 390.98 ▲ 0.45% SOUTHERN COPPER 181.85 ▲ 4.19% BUENAVENTURA 30.68 ▲ 2.88% MERCADOLIBRE 1,851 ▼ 0.90% NUBANK 13.89 ▲ 1.61% XP 16.78 ▲ 2.47% PAGSEGURO 9.19 ▼ 1.02% STONE 11.17 ▲ 0.13% GLOBANT 31.27 ▼ 2.66% TECNOGLASS 43.78 ▲ 2.18% GAP AIRPORT 226.12 ▼ 2.86% ASUR 277.76 ▼ 0.32% OMA AIRPORT 108.13 ▲ 1.88% AMX ADR 26.20 ▲ 0.65% FEMSA ADR 133.24 ▲ 3.28% CEMEX ADR 12.74 ▲ 2.29% PETROBRAS ADR 17.94 ▲ 0.31% VALE ADR 14.59 ▲ 2.89% ITAU ADR 8.56 ▲ 1.06% SANTANDER BR 5.41 ▲ 1.03% AMBEV ADR 3.10 ▲ 1.14% CSN 1.02 ▼ 0.97% GERDAU 4.59 ▲ 2.12% LATAM ADR 53.24 ▼ 0.17% BTC 64,580 ▲ 3.76% ETH 1,877 ▲ 5.81% SOL 77.36 ▲ 3.34% XRP 1.11 ▲ 4.55% BNB 580.50 ▲ 2.45% ADA 0.16 ▲ 3.86% DOGE 0.07 ▲ 3.55% AVAX 6.68 ▲ 3.66% LINK 8.28 ▲ 5.19% DOT 0.85 ▲ 1.49% LTC 44.80 ▲ 3.02% BCH 237.02 ▲ 0.33% TRX 0.33 ▲ 0.33% XLM 0.19 ▲ 3.02% HBAR 0.07 ▲ 0.26% NEAR 2.02 ▲ 5.49% ATOM 1.56 ▲ 1.30% AAVE 98.78 ▲ 4.68% SELIC 14.25% EMBRAER 82.83 ▼ 0.22% EMBRAER ADR 65.35 ▲ 1.35% JBS 11.85 ▲ 0.38% JBS BDR 60.04 ▼ 0.94% MBRF3 16.14 ▲ 2.67% MBRFY 3.11 ▲ 1.97% INTER 5.67 ▲ 0.35% IBOV 176,609 ▲ 0.49% IPSA 10,928 ▲ 0.16% IPC MEX 66,574 ▲ 0.91% MERVAL 3,221,709 ▼ 0.42% COLCAP 2,296.81 ▼ 0.47% BVL PERÚ 56,428.20 ▲ 1.15% USD/BRL 5.07 ▼ 1.23% USD/MXN 17.43 ▼ 0.57% USD/CLP 925.75 ▼ 0.77% USD/COP 3,247 ▼ 0.48% USD/PEN 3.39 ▼ 0.61% USD/ARS 1,470 ▼ 0.88% USD/UYU 40.23 ▲ 0.99% USD/PYG 6,039 ▲ 1.12% USD/BOB 10.35 ▲ 6.04% USD/DOP 58.25 ▲ 0.29% USD/CRC 448.93 ▲ 1.31% USD/GTQ 7.62 ▲ 2.07% USD/HNL 26.73 ▲ 1.38% USD/NIO 36.62 ▲ 0.63% USD/VES 722.19 ▼ 0.13% USD/PAB 1.00 — 0.00% USD/BZD 2.00 — 0.00% USD/JMD 156.98 ▲ 0.25% USD/TTD 6.75 ▲ 1.19% EUR/BRL 5.80 ▼ 0.42% BRENT 85.24 ▲ 2.33% WTI 79.72 ▲ 2.02% IRON ORE 161.91 — — COPPER 6.37 ▲ 2.12% GOLD 4,059 ▲ 1.56% SILVER 58.94 ▲ 2.27% SOY 1,191 ▼ 0.96% CORN 459.50 ▲ 4.97% WHEAT 644.00 ▲ 2.71% COFFEE 327.00 ▼ 4.22% SUGAR 14.92 ▲ 1.15% ORANGE JUICE 140.90 ▼ 1.16% COTTON 81.68 ▲ 2.32% COCOA 5,936 ▲ 4.21% BEEF 231.58 ▼ 1.34% CATTLE 349.63 ▼ 1.33% LITHIUM 71.31 ▲ 1.52% PETR4 40.68 ▲ 0.05% VALE3 74.22 ▲ 1.88% ITUB4 43.52 — 0.00% BBDC4 18.60 ▼ 0.91% ABEV3 15.81 ▼ 0.13% BBAS3 20.57 ▲ 1.63% B3SA3 15.46 ▲ 2.25% WEGE3 44.36 ▼ 0.07% PRIO3 57.04 ▼ 0.28% SUZB3 41.38 ▼ 0.27% RENT3 40.45 ▲ 0.62% AZZA3 18.89 ▼ 1.72% CSAN3 3.90 — 0.00% RAIZ4 0.31 ▼ 6.06% PCAR3 2.47 ▼ 4.63% GMAT3 4.00 ▲ 1.52% PSSA3 54.38 ▲ 0.63% CVCB3 1.35 ▲ 8.00% POSI3 3.99 — 0.00% SLCE3 13.74 ▼ 0.94% NATU3 8.54 ▼ 0.70% BRKM5 6.68 ▼ 3.75% RANI3 8.02 ▲ 0.88% CSNA3 5.15 ▼ 1.72% CMIN3 5.03 ▼ 7.71% USIM5 8.27 ▼ 1.31% GGBR4 23.15 ▲ 1.45% ENEV3 26.91 ▲ 0.11% CPFE3 47.27 ▲ 0.92% CMIG4 11.20 ▲ 1.17% EQTL3 40.86 ▲ 1.62% LREN3 14.31 ▲ 1.13% VIVT3 35.53 ▲ 2.30% RAIL3 14.11 — 0.00% KLABIN 17.45 ▼ 0.17% RAIA DROGASIL 18.45 ▲ 1.37% RDOR3 36.04 ▲ 1.35% HAPV3 11.05 ▲ 5.64% FLRY3 16.46 ▲ 1.92% SMTO3 16.16 ▼ 1.28% UGPA3 29.93 ▼ 3.23% VBBR3 33.09 ▲ 1.01% BBSE3 40.29 ▲ 0.02% BPAC11 58.00 ▲ 0.83% CURY3 33.62 ▲ 1.51% AERI3 2.06 ▼ 0.96% VIVARA 23.47 ▲ 1.56% COMPASS 25.22 ▲ 1.82% VAMOS 3.10 ▲ 2.65% SANB11 27.38 ▲ 0.04% ASAI3 8.68 ▼ 0.34% SBSP3 30.38 ▲ 0.03% WALMEX 49.35 ▼ 0.60% GMEXICO 200.69 ▲ 2.61% FEMSA 232.36 ▲ 3.11% CEMEX 22.17 ▲ 1.79% GFNORTE 186.28 ▲ 2.31% BIMBO 56.36 ▲ 0.88% TELEVISA 9.51 ▼ 1.04% AMX 22.88 ▲ 1.28% GAP 395.08 ▼ 3.21% ASUR 277.76 ▼ 0.32% OMA 235.73 ▲ 1.03% KOF 180.40 ▼ 0.70% GRUMA 280.31 ▼ 0.38% KIMBER 38.53 ▲ 0.81% SQM-B 67,450 ▲ 0.36% COPEC 6,150 ▲ 1.53% BSANTANDER 78.63 ▲ 0.55% FALABELLA 5,910 ▲ 0.09% ENELAM 84.84 ▲ 0.76% CENCOSUD 2,056 ▲ 0.80% CMPC 1,087 ▲ 0.80% BANCO CHILE 188.30 ▲ 1.78% LATAM AIR 24.66 ▼ 0.96% YPF 77,575 ▲ 0.52% GGAL 7,935 ▼ 1.79% PAMPA 5,200 ▼ 0.48% TXAR 662.00 ▼ 0.38% ALUAR 948.00 ▼ 1.71% TGS 9,685 ▲ 1.20% CEPU 2,305 ▼ 0.60% MIRGOR 16,750 ▼ 1.47% COME 45.30 ▲ 1.16% LOMA NEGRA 3,520 ▲ 0.64% BYMA 303.00 ▼ 1.70% TELECOM ARG 4,310 ▲ 1.41% ECOPETROL 16.03 ▲ 0.97% BANCOLOMBIA 81.53 ▲ 1.37% GRUPO AVAL 4.91 ▼ 0.10% CREDICORP 390.98 ▲ 0.45% SOUTHERN COPPER 181.85 ▲ 4.19% BUENAVENTURA 30.68 ▲ 2.88% MERCADOLIBRE 1,851 ▼ 0.90% NUBANK 13.89 ▲ 1.61% XP 16.78 ▲ 2.47% PAGSEGURO 9.19 ▼ 1.02% STONE 11.17 ▲ 0.13% GLOBANT 31.27 ▼ 2.66% TECNOGLASS 43.78 ▲ 2.18% GAP AIRPORT 226.12 ▼ 2.86% ASUR 277.76 ▼ 0.32% OMA AIRPORT 108.13 ▲ 1.88% AMX ADR 26.20 ▲ 0.65% FEMSA ADR 133.24 ▲ 3.28% CEMEX ADR 12.74 ▲ 2.29% PETROBRAS ADR 17.94 ▲ 0.31% VALE ADR 14.59 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Life & Society Real Estate

Life in Rio’s ‘Super-Condos’

By · September 28, 2010 · 3 min read

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By Vânia Maciel, Contributing Reporter

RIO DE JANEIRO – Long known as being a city of excess, now the home life of many Cariocas has also been touched by the phenomenon as the development of the ‘Super Condominium’ takes hold in Rio.  A miniature city within a city, some with on-site schools, shops and basically everything you could need all within a gated community, they have become all the rage, fueled by the media’s scare-mongering of the middle and upper class and their portrayal of the condo-dream.

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Península Condo in Barra, photo by Wikimapia.com.
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When Barra started to grow in the eighties there was little else for miles around, so the idea of an all-in-one condo was developed to further attract investors – more had to be offered in spite of the then newly built Carrefour and Barrashopping retail centers. Beyond Jardim Oceânico was mostly wilderness, a few buildings dotted sparingly throughout.

A lot has changed since, and the Barra condo concept has now spread throughout town, stretching to all directions. If the new ‘Thai’ development is taken as a benchmark, in the near future they will even more closely begin to resemble themed holidays resorts.

Most of the condos come with vast leisure facilities as standard, even when located in densely populate neighborhoods such as Cores da Lapa, and Catete’s Quartier Carioca. Behind the gates of both lie shops, restaurants, cinemas, rehearsal studios, swimming pools, football courts, internet cafes and even ‘zen’ areas to relax in.

All this of course comes with a price tag, and most will have four-figure condominium fees. Bella Berger lives in the Varandas de Barra Bonita in Recreio, which is served with full leisure facilities, internet, phone and maintenance included. She pays a three-figure fee for the privilege, one of the cheapest in the super-condo market, yet she would rather not have it at all.

“I would prefer to pick and choose the services myself,” she says. “Here phone service is more expensive, broadband slower than I would like, maintenance services are paid for on a per-hour basis, and some overpriced. My phone is from a different company and ideally, I would replace the Internet provider, in the end paying twice for services”.

The gates of the Parque Laranjeiras development where tranquility is promised even just off the busy Rua Pinheiro Machado, photo by Vânia Maciel.

The other cost is a more human one. Márcia Lávia lives in the Península condo in Barra da Tijuca which is almost the size of Leblon neighborhood. Although she moved there only a year ago, Márcia is no stranger to Barra’s condo life where she raised her kids.

“There is a sense of security behind closed gates” she says, “but the down-side is it all seems very impersonal. There isn’t the old caretaker figure from when I grew up, who knew your parents and would impose a certain authority if a kid got out of line.”

Nowadays, services within the super-condos are provided by third-party companies. “I was barred by the security guard in my own building the other day,” she continues. “My eighteen year-old only recently discovered Centro and barely knows Ipanema or Leblon. It is mall leisure for kids around here and some of them never leave Barra for anything”.

On a positive note, she has all the leisure facilities she needs, a party sized balcony with barbecue, breathtaking views of Lagoa da Tijuca, a natural forest reserve as her surroundings and, above all, silence. Plus her property is set to increase in value with the Barra subway building works already begun to link into Zona Sul.

There are many resort-like super-condo developments launched every month and not all in Barra. Parque Laranjeiras is a prime example fitted with all the luxury dictated by today’s real estate market. Situated on top of a hill looking directly at Christ the Redeemer and the site of an old private boarding school, it will be an island of tranquility with a minimum price tag of just over R$500,000. Put simply, “new” condo life may not exactly be for the faint-hearted.

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