Sunday, April 8, 2012

Expect To Pay More For Real-estate In Rio's Copacabana And Ipanema Beaches

By Herika Oliveira


Even with a global economic slowdown, fairly reduced valuation on the US Greenback versus the Brazil real, high inflation and living expenses in Rio de Janeiro, the statistics reveal that tourism growth remains stronger than ever which suggests locating a vacation holiday apartment in Rio continues to be a seller's market, specifically in the high season between New Years and Carnival.

The yearly growth of travelers traveling into Brazil has risen 15% from 2010 to 2011. All this suggests the rio de janeiro real estate property rental market, specifically for short-term renters, is going to be even tighter than normal.

Copacabana offers more selections and generally cheaper short-term flats compared to Ipanema. For all those in the market for a Ipanema apartment rental in between January and the conclusion of Carnival, it will help to recognise several important aspects and some cost levels to expect. The basic understanding is that Copacabana, Ipanema and Leblon are the three most desirable locations whenever touring Rio de Janeiro.

Rates and availability appear to stick to the identical line, with the most supply and the cheaper costs being seen in Copacabana, less choices and higher rates in Ipanema, and lastly Leblon with even much less properties and extremely high costs. In Copacabana a regular studio condo which can cost US$100 a night throughout the low season will be slightly more throughout the high season with price levels being doubled for the period of Carnival and New Years on a Ten night minimum basis.

In Ipanema, a comparable apartment will increase three fold from its low season rate up to R$525 an evening with the identical ten night minimum stay period. In Leblon a studio apartment, if one may still be located could be R$600 a night sticking with the same time frame restrictions.

If renting with a party or looking to indulge, travelers may find deluxe penthouses in Ipanema and Copacabana several thousand dollars per day. When searching for rio de janeiro apartments from within Rio or from elsewhere, it is essential to work with a dependable company that includes pictures of the penthouse or apartment as well as the location on the map so you are aware of exactly what you will get.




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