Rio De Janeiro Vacation Apartments: The Priciest Real Estate Properties In Brazil
Sunday, September 4, 2011
By Selena Texeira
Whilst real estate in Brazil overall is undoubtedly a great value, particular regions of Brazil are for just the really well-off. And with the World Cup and also the Olympics right around the corner, real estate property values in Brazil's international holiday travel hot spots such as Rio de Janeiro have got and can continue to progress higher.
Of the top vacation travel zones for the most costly investment properties, Rio de Janeiro will take the award with the number one hotspots being the internationally renowned beaches of Ipanema and Leblon from where the average meter squared comes in at R$10,500. If you want apartments directly on the beach, you can expect to see square meter selling prices close to R$16,000.
Beachfront apartment properties in Copacabana will be lower priced but expensive nevertheless with square meter prices between R$7,500 on up to R14,000 thus, making this the next priciest region for international real estate investment opportunities in Brazil. Beachfront apartment penthouses may well fetch in the 5-10 millions.
Each of the most costly travel places for Brazilian real estate are hugely sought-after. Interest in luxury apartments in vacation travel tourist centers like Rio de Janeiro is well ahead of supply and is a key driver behind rising prices. In addition, land is scarce and at a prime in these presently packed beachfront spots.
The 2014 World Cup and 2016 Olympics are likewise tourist travel engines driving Brazilian homes higher. Real estate in or near World Cup arena cities will be increasing in price as the football tournament draws near. While these price increases shall be highest in Ipanema and Copacabana, other towns like Belo Horizonte or Natal are also going through rises. Add to the mix the 2106 Olympics in Rio de Janeiro and you've got a powerful formula for a strong real estate property sector.
For the majority of specialists, the biggest element guiding price goes up within the international Brazilian property market is the unprecedented interest in apartments and homes throughout Brazil. This demand is clear at all social levels and impacts all types of properties from social houses to deluxe penthouse apartments on the Copacabana beaches.
Of the top vacation travel zones for the most costly investment properties, Rio de Janeiro will take the award with the number one hotspots being the internationally renowned beaches of Ipanema and Leblon from where the average meter squared comes in at R$10,500. If you want apartments directly on the beach, you can expect to see square meter selling prices close to R$16,000.
Beachfront apartment properties in Copacabana will be lower priced but expensive nevertheless with square meter prices between R$7,500 on up to R14,000 thus, making this the next priciest region for international real estate investment opportunities in Brazil. Beachfront apartment penthouses may well fetch in the 5-10 millions.
Each of the most costly travel places for Brazilian real estate are hugely sought-after. Interest in luxury apartments in vacation travel tourist centers like Rio de Janeiro is well ahead of supply and is a key driver behind rising prices. In addition, land is scarce and at a prime in these presently packed beachfront spots.
The 2014 World Cup and 2016 Olympics are likewise tourist travel engines driving Brazilian homes higher. Real estate in or near World Cup arena cities will be increasing in price as the football tournament draws near. While these price increases shall be highest in Ipanema and Copacabana, other towns like Belo Horizonte or Natal are also going through rises. Add to the mix the 2106 Olympics in Rio de Janeiro and you've got a powerful formula for a strong real estate property sector.
For the majority of specialists, the biggest element guiding price goes up within the international Brazilian property market is the unprecedented interest in apartments and homes throughout Brazil. This demand is clear at all social levels and impacts all types of properties from social houses to deluxe penthouse apartments on the Copacabana beaches.
About the Author:
Right now is the right time to purchase beachfront real estate. Understand why rio de janeiro properties gets a lot focus.
Posted byBertie at 2:01 AM
0 comments:
Subscribe to:
Post Comments (Atom)