Apartment Rentals And Real Estate Prices Are Still Rising In Rio De Janeiro
Wednesday, March 14, 2012
By Herika Oliveira
Regardless of an international economic recession, relatively reduced worth of the US Greenback versus the Brazilian real, sky-high inflation and living expenses in Rio de Janeiro, the stats reveal that travel and leisure progress continues to be more powerful than in the past meaning locating a holiday vacation apartment in Rio remains a seller's market, particularly in the peak period in between New Years and Carnival.
The yearly expansion of tourists flying to Brazil has grown 15% from 2010 to 2011. All this implies the rio de janeiro real estate property apartment market, specifically for short-term tenants, will be even firmer than normal.
Copacabana provides more choices and usually less costly temporary apartments as compared to Leblon or Ipanema. For all those in the market for a Copacabana apartment rental between January and the conclusion of Carnival, it helps to be aware of a few key factors and some cost levels to expect. The basic understanding is that Copacabana, Ipanema and Leblon tend to be the three most sought after locations whenever touring Rio.
Rates in addition to supply seem to stick to the same line, with the most supply and the cheaper prices being obtained in Copacabana, reduced selections and higher rates in Ipanema, and finally Leblon with even much less apartments and incredibly high prices. In Copacabana a normal studio flat which can run US$100 per night during the low time of year will be a little more in the peak season with price levels being doubled during Carnival and New Years with a Ten night minimum basis.
In Ipanema, an equivalent apartment will increase 3 fold from its low period rate up to R$475 an evening with the identical 10 night minimum stay requirement. In Leblon a studio apartment, if one may still be found may be R$625 per night with the same time frame constraints.
If renting with a group or aiming to indulge, travelers may find high-end penthouses in Copacabana and Ipanema for a few thousand per day. When shopping for rio de janeiro flats from inside Rio or from abroad, it is very important make use of a reliable company that features pictures of the penthouse or flat plus the location on the map so that you know precisely what you will get.
The yearly expansion of tourists flying to Brazil has grown 15% from 2010 to 2011. All this implies the rio de janeiro real estate property apartment market, specifically for short-term tenants, will be even firmer than normal.
Copacabana provides more choices and usually less costly temporary apartments as compared to Leblon or Ipanema. For all those in the market for a Copacabana apartment rental between January and the conclusion of Carnival, it helps to be aware of a few key factors and some cost levels to expect. The basic understanding is that Copacabana, Ipanema and Leblon tend to be the three most sought after locations whenever touring Rio.
Rates in addition to supply seem to stick to the same line, with the most supply and the cheaper prices being obtained in Copacabana, reduced selections and higher rates in Ipanema, and finally Leblon with even much less apartments and incredibly high prices. In Copacabana a normal studio flat which can run US$100 per night during the low time of year will be a little more in the peak season with price levels being doubled during Carnival and New Years with a Ten night minimum basis.
In Ipanema, an equivalent apartment will increase 3 fold from its low period rate up to R$475 an evening with the identical 10 night minimum stay requirement. In Leblon a studio apartment, if one may still be found may be R$625 per night with the same time frame constraints.
If renting with a group or aiming to indulge, travelers may find high-end penthouses in Copacabana and Ipanema for a few thousand per day. When shopping for rio de janeiro flats from inside Rio or from abroad, it is very important make use of a reliable company that features pictures of the penthouse or flat plus the location on the map so that you know precisely what you will get.
About the Author:
Prepare early and receive the optimal pricing for your rent flat rio de janeiro getaway plans. Whilst rio de janeiro apartments price levels may be high, discounted prices remain attainable.
Posted byBertie at 4:45 AM
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