IBOV 177,418.78 ▲ 1.00% IPSA 11,315.26 ▼ 1.14% IPC MEX 65,048.39 ▼ 0.67% MERVAL 3,033,848 ▲ 1.83% COLCAP 2,425.08 ▼ 1.33% BVL PERÚ 59,928.30 ▼ 0.80% USD/BRL5.18▼ 0.21% USD/MXN17.00▼ 0.22% USD/CLP933.85▲ 0.25% USD/COP3,219▲ 0.60% USD/PEN3.36▲ 0.31% USD/ARS1,509▼ 0.28% USD/UYU40.29▲ 0.05% USD/PYG5,892▼ 0.13% USD/BOB11.84▲ 0.51% USD/DOP58.64▲ 0.05% USD/CRC446.47▼ 0.04% USD/GTQ7.62▼ 0.02% USD/HNL26.84— 0.00% USD/NIO36.62— 0.00% USD/VES796.33▲ 0.29% USD/PAB1.00— 0.00% USD/BZD2.00— 0.00% USD/JMD 157.28 — 0.00% USD/TTD6.69▼ 0.37% EUR/BRL6.01▼ 0.24% 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 177,418.78 ▲ 1.00% IPSA 11,315.26 ▼ 1.14% IPC MEX 65,048.39 ▼ 0.67% MERVAL 3,033,848 ▲ 1.83% COLCAP 2,425.08 ▼ 1.33% BVL PERÚ 59,928.30 ▼ 0.80% 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%
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Life & Society Real Estate

Urca: Under Sugarloaf

By · February 8, 2011 · 3 min read

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By Sanhita Reddy, Contributing Reporter

RIO DE JANEIRO, BRAZIL – Visions of university students playing football (soccer) along Praia Vermelha, and old men fishing along the rocks leading to the Atlantic Ocean are common in Urca. With sweeping views of Guanabara Bay and set along the backdrop of the Pão de Açúcar (Sugarloaf), it’s hard not to fall in love with this small neighborhood nestled on the peninsula between Leme and Botafogo.

A quiet beach under Sugarloaf in Rio's elite Urca
A quiet beach under Sugarloaf in Rio's elite Urca, photo by Sanhita Reddy.
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Arguably the safest neighborhood in Rio de Janeiro (due to the presence of a military base and lack of favelas in the bairro), Urca has plenty to offer its residents.

The neighborhood has three beaches (Praia da Fora, Praia Vermelha, and Praia de Urca), hundreds of rock climbing routes, and plenty of hiking trails—including one leading to Morro da Urca and one to Leme.

In the morning and during the day, residents can rent canoes and kayaks to row along the bay, take bike rides along the path to Aterro do Flamengo, or walk with their kids to the local park. In the afternoon and at night, families gather at restaurants and chopperias, rock-climbers grab a ride down on the cable car from Morro da Urca (free one-way after 7 PM), and military students play football in the courts near the Circulo Militar.

There is always a steady flux of tourists and residents from other parts of Rio de Janeiro, making their way to the Zozô bar to listen to bossa nova, going sailing to see the views of Zona Sul (South zone), or visiting the Museum of Earth Sciences (Museu de Ciência da Terra) and Museum of the Military Fort (Museu do Forte).

During the school year, it’s common to see university students out on the streets, or walking to Rio Sul Shopping Center, a quick walk from nearly anywhere in Urca. The campuses of the State University of Rio de Janeiro (UNIRIO), the Federal University of Rio de Janeiro (UFRJ), the Engineering Military Institute (IME), the General Staff Army Command School (ECEME) and the War Navy School (EGN) are located in the area. Urca is also home to the Benjamim Constant Institute for the visually impaired.

Residential neighborhood street in Urca
Residential neighborhood street in Urca, photo by Sanhita Reddy.

The neighborhood today is mostly residential, with Art-Deco inspired houses, row homes, and some military accommodations. Many of the residents live in the homes their families bought when the area was initially developed. Urca has been home to some famous residents, most notably singer Roberto Carlos and in the 1930’s, Carmen Miranda. A plaque now exists next to the home where she lived.

Real estate in the area is somewhat insulated from the boom in other areas of Zona Sul, namely Copacabana, Ipanema and Leblon, although this may be due to a generally lower turnover rate. Even slightly removed from the action, there has been an increase since 2009, when a one bedroom apartment started from around R$350,000.

A recent search to buy a home in Urca found that a one-bedroom, one-bathroom apartment now averages around R$400,000 to 450,000. A two-bedroom, one-bathroom apartment starts from R$600,000, with prices shooting up to R$1,500,000 for a three-bedroom, two-bathroom. Options are fewer for those looking to rent in Urca. A one-bedroom, one-bathroom starts from R$2,000 (excluding condominium fees, if applicable), while a two-bedroom, one-bathroom runs around R$4,000 per month.

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