IBOV 175,664.62 ▲ 0.30% IPSA 11,445.90 ▼ 0.22% IPC MEX 65,484.32 ▼ 0.53% MERVAL 2,979,472 ▼ 0.72% COLCAP 2,457.87 ▼ 1.28% BVL PERÚ 60,779.49 ▼ 1.40% USD/BRL5.21▲ 0.23% USD/MXN17.02▼ 0.08% USD/CLP930.58▼ 0.10% USD/COP3,200▲ 1.20% USD/PEN3.35▼ 0.07% USD/ARS1,512▼ 0.03% USD/UYU40.27▲ 1.47% USD/PYG5,900▲ 1.27% USD/BOB11.78▲ 3.30% USD/DOP58.61▲ 0.96% USD/CRC446.65▲ 0.97% USD/GTQ7.62▲ 2.20% USD/HNL26.84▲ 0.40% USD/NIO36.62— 0.00% USD/VES793.00▼ 0.13% USD/PAB1.00— 0.00% USD/BZD2.00— 0.00% USD/JMD 157.28 — 0.00% USD/TTD6.72▲ 0.84% EUR/BRL6.03▲ 0.32% BRENT 88.88 ▼ 0.03% WTI 83.11 ▼ 0.11% IRON ORE 161.91 — — COPPER 6.61 ▲ 0.03% GOLD 4,461 ▲ 1.78% SILVER 65.59 ▲ 1.26% SOY 1,184 ▲ 3.20% CORN 480.50 ▲ 10.02% WHEAT 655.00 ▲ 3.93% COFFEE 317.25 ▼ 5.51% SUGAR 16.43 ▼ 1.79% ORANGE JUICE 138.55 ▼ 0.47% COTTON 85.03 ▲ 2.33% COCOA 5,719 ▲ 3.18% BEEF 223.60 ▼ 3.93% CATTLE 339.10 ▼ 3.16% LITHIUM 75.20 ▲ 1.47% PETR4 41.64 ▼ 0.05% VALE3 72.97 ▲ 0.83% ITUB4 38.60 ▼ 1.03% BBDC4 16.85 ▲ 0.36% ABEV3 14.89 ▼ 0.80% BBAS3 19.37 ▲ 0.47% B3SA3 14.26 ▼ 0.21% WEGE3 47.59 ▲ 0.49% PRIO3 59.14 ▼ 0.19% SUZB3 41.33 ▲ 2.35% RENT3 34.68 ▼ 0.09% AZZA3 15.89 ▼ 2.63% CSAN3 3.22 ▼ 1.83% RAIZ4 0.25 — 0.00% PCAR3 2.75 ▼ 0.36% GMAT3 3.65 ▼ 1.08% PSSA3 48.13 ▼ 0.54% CVCB3 1.33 ▼ 2.92% POSI3 3.36 ▲ 2.44% SLCE3 13.34 ▲ 0.30% NATU3 8.14 ▼ 0.73% IBOV 175,664.62 ▲ 0.30% IPSA 11,445.90 ▼ 0.22% IPC MEX 65,484.32 ▼ 0.53% MERVAL 2,979,472 ▼ 0.72% COLCAP 2,457.87 ▼ 1.28% BVL PERÚ 60,779.49 ▼ 1.40% USD/BRL 5.16 ▲ 0.01% USD/MXN 17.06 ▼ 0.24% USD/CLP 913.98 ▲ 0.04% USD/COP 3,140 ▲ 0.03% USD/PEN 3.36 ▼ 0.66% USD/ARS 1,493 ▲ 0.10% USD/UYU 40.27 ▲ 1.24% USD/PYG 5,939 ▲ 1.68% USD/BOB 11.64 ▼ 0.76% USD/DOP 58.34 ▲ 1.25% USD/CRC 445.92 ▲ 0.89% USD/GTQ 7.62 ▲ 2.21% USD/HNL 26.79 ▲ 1.57% USD/NIO 36.62 ▲ 0.69% USD/VES 762.44 ▼ 0.13% USD/PAB 1.00 — 0.00% USD/BZD 2.00 — 0.00% USD/JMD 157.28 — 0.00% USD/TTD 6.70 ▲ 0.61% EUR/BRL 5.95 ▲ 1.01% BRENT 88.88 ▼ 0.03% WTI 83.11 ▼ 0.11% IRON ORE 161.91 — — COPPER 6.61 ▲ 0.03% GOLD 4,461 ▲ 1.78% SILVER 65.59 ▲ 1.26% SOY 1,184 ▲ 3.20% CORN 480.50 ▲ 10.02% WHEAT 655.00 ▲ 3.93% COFFEE 317.25 ▼ 5.51% SUGAR 16.43 ▼ 1.79% ORANGE JUICE 138.55 ▼ 0.47% COTTON 85.03 ▲ 2.33% COCOA 5,719 ▲ 3.18% BEEF 223.60 ▼ 3.93% CATTLE 339.10 ▼ 3.16% LITHIUM 75.20 ▲ 1.47% PETR4 41.64 ▼ 0.05% VALE3 72.97 ▲ 0.83% ITUB4 38.60 ▼ 1.03% BBDC4 16.85 ▲ 0.36% ABEV3 14.89 ▼ 0.80% BBAS3 19.37 ▲ 0.47% B3SA3 14.26 ▼ 0.21% WEGE3 47.59 ▲ 0.49% PRIO3 59.14 ▼ 0.19% SUZB3 41.33 ▲ 2.35% RENT3 34.68 ▼ 0.09% AZZA3 15.89 ▼ 2.63% CSAN3 3.22 ▼ 1.83% RAIZ4 0.25 — 0.00% PCAR3 2.75 ▼ 0.36% GMAT3 3.65 ▼ 1.08% PSSA3 48.13 ▼ 0.54% CVCB3 1.33 ▼ 2.92% POSI3 3.36 ▲ 2.44% SLCE3 13.34 ▲ 0.30% NATU3 8.14 ▼ 0.73%
since 2009
Sunday, August 30, 2026

Life & Society Real Estate

Luxury Boutique Hostel Opens in Vidigal

By · March 4, 2014 · 3 min read

Daily Brief

The morning intel from across Latin America. Free.

By subscribing you agree to our privacy policy. We never share your email.

By Joanna Hansford and Mary Bolling Blackiston, Contributing Reporters

RIO DE JANEIRO, BRAZIL – Following the pacification of some of Rio’s more fortunately located favela communities, a spike in speculation has driven some development higher than many would have thought possible just five years ago. With the recent opening of a new self-titled ‘boutique hostel’ Mirante do Arvrão, now luxury-styled accommodations are available at the very top of Vidigal, offering sweeping views over Leblon and Ipanema beach.

Brazil News, Rio de Janeiro, Vidigal, Rio Accommodation
A private room in the Mirante do Arvrão affords spectacular views, photo by Mirante do Arvrão.
One-stop reference
Company Intelligence
Every listed company in Latin America — financials, ownership and structure for 1,450+ companies across 26 exchanges, in one place.
Browse the directory →
RT
Ask Rio Times
17 years of Latin America reporting, on demand.
Open the full Ask Rio Times →

The Mirante do Arvrão opened on February 24th and was designed and built by Brazilian architect Hélio Pellegrino. It is a shared investment with Francisco Pellegrino, Antônio Rodrigues (owner of the bar chain Belmonte), Conrado Denton and Fernando Vitor Penteado.

Hélio Pellegrino came up with the idea because of the neighborhood’s “beautiful view, rich nature and welcoming community,” representative Fernando Vitor Penteado told The Rio Times.

The modern and elegant design has an open feel, with expansive windows providing magnificent views of the city. Throughout the space, there are mosaic panels of floral and aquatic life, which are made up of a blend of brick and tile fragments that are leftovers from Hélio’s other works. The result is a delightful rustic-chic feel that will welcome those hostel (shared room) guests as well as those in the private rooms.

The Mirante do Arvrão prides itself on being constructed from a hundred percent eco-friendly, mostly recycled materials, and is also completely self-sustainable, with showers powered by solar energy and a sophisticated sewage system, so that dirty water may be recycled and reused.

Brazil News, Rio de Janeiro, Rio Property, Accommodation in Rio.
Mirante do Arvrão looks out over the beaches of Ipanema and Leblon, photo by Mirante do Arvrão .

Yet the goal is not only ecological sustainability, but social sustainability as well. All of the employees are from Vidigal, which the partners believe serves to enhance community engagement with the project.

However as one of the first luxury developments in Vidigal, Mirante do Arvrão experienced some difficulties when residents of the favela community expressed concern over the possible negative impacts and the lack of infrastructure to support it. Construction was reportedly delayed because of zoning issues shortly after a report was published by O Globo in 2012.

In recent years more and more ocean-view favelas have experienced incredible increases in property prices as investors and foreigners try to secure million-dollar-view properties without the Zona Sul (South Zone) price tag, and Vidigal is no exception, with property prices rising by more than fifty percent since its pacification in 2011.

In May of 2013, Vidigal real estate broker José Nélio Pereira da Silva told O Globo that between 2011 and 2012, he sold around forty apartments in the favela to people from outside the community.  In June 2013, he told NPR that in 2006, a house in Vidigal cost US$2,500, and as of June 2013, the same house sold for US$75,000.  NPR also found that there are now more foreigners buying in Vidigal than locals.

Even with Rio’s property boom slowing down to a (list price) sizable rate of fifteen percent in 2013, such explosive growth comes at a hefty price; pushing many long-time residents out of affordable housing. Vidigal in particular is a prime target of gentrification, as a result of its enviable placement between Leblon and São Conrado.

Read More from The Rio Times

The Rio Times · Power Map
See who really holds power in Latin America
Click to open the Power Map

Rotate for Best Experience

This report is optimized for landscape viewing. Rotate your phone for the full experience.