Monday, 12 March 2012

Apartment Rentals And Real Estate Pricing Are Still Rising In Rio De Janeiro

By Herika Oliveira


In spite of a global economic slowdown, reasonably reduced value of the US Greenback versus the Brazil real, high inflation and living costs in Rio, the facts demonstrate that travel related progress remains stronger than in the past which means finding a holiday vacation apartment in Rio continues to be a seller's market, particularly in the peak season amongst New Years and Carnival.

The yearly increase of travelers traveling into Brazil has exploded fifteen percent from 2010 to 2011. This all indicates that the rio de janeiro real estate property rental marketplace, especially for short-term renters, will probably be even firmer than normal.

Copacabana provides more selections and usually less pricey short-term flats when compared with Ipanema or Leblon. For anyone searching for a Ipanema apartment rental in between January and the conclusion of Carnival, it will help to grasp certain key factors and a few price levels to anticipate. The basic understanding is that Copacabana, Ipanema and Leblon tend to be the three most preferred places whenever visiting Rio de Janeiro.

Prices and also supply manage to follow the same line, with more supply and the reduced costs being seen in Copacabana, reduced selections and higher costs in Ipanema, and lastly Leblon with even less properties and very high prices. In Copacabana a standard studio apartment which can cost R$185 a night during the low time of year will be a little more throughout the peak season with rates being doubled for the period of Carnival and New Years on a 10 evening minimum basis.

In Ipanema, a comparable apartment increases three fold from its low season price up to R$525 a night with the same ten day minimum stay period. In Leblon a studio flat, if one can still be located could be R$575 per night with similar time frame limitations.

If renting with a party or planning to go luxury, travelers can find luxurious penthouses in Ipanema and Copacabana several thousand dollars per night. When evaluating rio de janeiro flats from within Rio or from another country, it is essential to make use of a trustworthy firm which includes photographs of the penthouse or flat in addition to the area on the map so that you know exactly what you will get.




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1 comment:

  1. I must admit that not only in Rio de Janeiro but in many leading cities of Brazil apartment rentals and real estate prices are rising incredibly. It is become so hard to find affordable apartment for living on rent.
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