A survey showed that the capital of Rio de Janeiro has the fifth most expensive price per square meter in Latin America. Check out which are the most expensive neighborhoods in Rio de Janeiro. For many people, living in the city of Rio de Janeiro is a true dream, isn’t it? For others, the Marvelous City is an excellent real estate investment opportunity.
If you identify with these investor profiles, you’ve come to the right place. After all, whatever your interest, the reality is that Rio is a great place to purchase property.
The survey carried out by the Relatório de Compra e Venda showed that the city of Rio de Janeiro has the fifth most expensive price per square meter in Latin America. According to the research, the average value in the city is R$5,102. The retraction was -5.46%, compared to the previous quarter.
Therefore, it is important to understand the values practiced in this region of the state. Here, you will discover which are the most expensive neighborhoods in the city of Rio de Janeiro and the reasons why investing in these places can bring excellent returns for you.
In this scenario, the apartments and houses in the region are luxury real estate developments, with different designs and sophistication in every detail. Furthermore, locations are constantly being renovated with modern properties, full of devices and services that bring more comfort and convenience to residents.
At the same time, condominiums, buildings and houses are becoming more sustainable and adapted to the demands of nature and the world. Popular throughout the year by tourists from Brazil and around the world, Rio is one of the most famous destinations in the country. The most sought after neighborhoods in the city are:
- Barra da Tijuca;
- Tijuca;
- Copacabana;
- Playground;
- Botafogo;
- Ipanema;
- Jacarepaguá;
- Parish;
- Meier;
- Flamengo.
Value per m² of the most expensive neighborhoods in Rio de Janeiro
On the other hand, the most upscale neighborhoods in Rio de Janeiro comprise the South Zone and part of the West Zone. The South and West regions have prime neighborhoods in Leblon, Ipanema, Gávea, Jardim Botânico, Copacabana, São Conrado and Barra da Tijuca. The TOP 5 most expensive neighborhoods in Rio de Janeiro, in order, are:
- Leblon: R$23,864;
- Ipanema: R$22,828;
- Lagoa: R$ 17,294;
- Jardim Botânico: R$ 15,733;
- Gávea: R$ 15,242.
Popular throughout the year by tourists from Brazil and around the world, Rio is one of the most famous destinations in the country. The South Zone has the most expensive square meter in the city, at R$9,498. The m² in the West Zone is R$5,012.
Leblon
Leblon is one of the most famous places in Rio de Janeiro. According to an article from G1, the neighborhood located in the South Zone of Rio has an average price per square meter of R$23,864 — almost 3 times above the average for the rest of the city.
This appreciation can be justified by the excellent quality of life and the great opportunities that the location offers. The place has around 215 hectares and an estimated population of approximately 46 thousand inhabitants. Created in July 1919, the century-old neighborhood borders Gávea, Lagoa and Ipanema.
Leblon is a region known for its coastline, being one of the most famous and peaceful in Rio de Janeiro. Leblon Beach comprises Posts 11 and 12, in addition to having an incredible view of the sea from the Leblon Viewpoint.
At the other end, the region is bordered by Lagoa Rodrigo de Freitas, with its stunning view of Christ the Redeemer and other points of Rio. The Leblon neighborhood also includes the Jardim Pernambuco condominium, the most exclusive residential complex in Rio de Janeiro.
Furthermore, the neighborhood is famous for its local gastronomic attractions, with dozens of restaurants, bars, cafes, bistros and other spots. Boteco Belmonte, Talho Capixaba and Bar Veloso are some examples in the region. Finally, Leblon residents and visitors can count on an extensive network of businesses and services that meet their routine needs — such as markets, pharmacies, schools and hospitals. Check out luxury properties in Leblon.
Ipanema
Ipanema is one of the most expensive neighborhoods in Rio de Janeiro, with the second most expensive square meter in the capital of Rio de Janeiro. Second only to Leblon, the neighborhood in Rio’s South Zone has an average value of R$22,828.
Founded in 1894 by José Antônio Moreira, Ipanema borders the neighborhoods of Copacabana, Leblon and Lagoa. With around 45 thousand inhabitants and 308 hectares, the place is a high standard region in the Marvelous City.
Ipanema Beach is approximately 2.6 km long and covers Lifeguard Stations 7, 8, 9 and 10. Right next to it are Arpoador Beach and Devil’s Beach, forming an extensive area of sand and sea in this privileged location in Rio.
Its complete housing infrastructure and varied natural attractions make this neighborhood one of the most desired in the city. See the properties available in Ipanema through INVEXO, a real estate agency specializing in luxury properties in Rio de Janeiro.
Lagoa
The Lagoa neighborhood is an incredible place for those who want to have closer contact with the nature of Rio de Janeiro. The location is bathed by the Rodrigo de Freitas Lagoon and, on its banks and beyond, has several options for outdoor activities.
With parks, running tracks and cycle paths, the place also offers pedal boat rides and access to Rio’s mountainous region of the Catacumba Municipal Park.
The area, with approximately 510 hectares and 22 thousand inhabitants, has one of the most expensive square meters in the region: R$17,294. With breathtaking views, the location is close to other famous Rio neighborhoods such as Copacabana, Gávea, Humaitá, Ipanema, Jardim Botânico and Leblon.
Furthermore, Lagoa offers other spaces for its residents and visitors such as Figueiras Park, Tom Jobim Park, Patins Park and Brazilian Jockey Club. Finally, Lagoa’s real estate appreciation may also be due to the excellent quality of life that the neighborhood can provide.
Its cutting-edge schools and excellent medical facilities mean the region can meet the demands of those who live nearby. Check out residential properties in Lagoa with INVEXO, a real estate agency specializing in luxury properties in Rio de Janeiro.
Jardim Botânico
One of the most beautiful regions of Rio de Janeiro, Jardim Botânico, is located in the south of Rio and borders other important neighborhoods in the city. Contemplated with a unique and exuberant beauty, the neighborhood is among the best options for those who want to live in Rio and the average value per m² is R$3,016,160.
Jardim Botânico is a mostly residential neighborhood. It is a region surrounded by dense vegetation that pleases especially those who do not give up living in a place with great contact with nature. Whoever chooses to live there will certainly have a calmer life amid the chaos of big cities.
Located at the foot of Christ the Redeemer, the region has other tourist attractions: Parque Lage, the Environment Museum and Espaço Tom Jobim. It is an upscale neighborhood in Rio that began to take shape and develop in 1981, when the streets in the region were occupied by beautiful residences and luxury properties.
The luxury properties for sale in Jardim Botânico have high-standard finishes, optimized plans to allow full use of the properties’ internal spaces, spacious rooms and square footage that suits all family configurations.
Gávea
Another well-known and privileged neighborhood in Rio is Gávea. Located at the foot of Pedra da Gávea, this sophisticated address in Rio de Janeiro is full of attractions for those looking for new properties in the city. With an average price of R$15,242 per square meter, the place is one of the most expensive and desired spots in the city of Rio. In the shadow of the imposing granite peak of Pedra da Gávea, the region has famous locations in Baixo Gávea, with its popular cafes, bars and restaurants.
Furthermore, the Rio Planetarium and the Moreira Salles Institute, for example, bring more refinement and cultural sophistication to the location. With around 258 hectares and 18 thousand inhabitants, Gávea provides excellent infrastructure for residents and visitors. Markets, bakeries, gas stations, medical clinics, schools and a multitude of businesses and services can be found easily throughout the region.
Its location also allows easy travel to other neighborhoods in the South Zone of Rio, such as Jardim Botânico, Leblon and Lagoa. Luxury properties in Gávea are only with INVEXO, a real estate agency specializing in properties in Rio de Janeiro.
Real estate in Rio de Janeiro: Buying luxury properties
Receiving around 2.3 million visitors per year, the Marvelous City is also a great place for anyone thinking of staying in one of the most expensive neighborhoods in Rio de Janeiro. Therefore, making real estate investments in Rio de Janeiro is an excellent business — not only for those who want to live in the city, but also for those who want to obtain good financial returns from the location.
Whether you want to live in one of these structured and sophisticated Rio neighborhoods, or invest in the city, buying luxury properties in Rio is an excellent way to make your investments. Offering an excellent quality of life, great business and work opportunities, in addition to the possibility of making a profit from accommodation, real estate investments in the city of Rio are being increasingly sought after by investors from all over Brazil and the world.
But, you may be wondering: where do I start to buy luxury properties in Rio? See the complete tips we selected for you on what to know before buying a property in Rio de Janeiro. One of the first steps is to get to know the neighborhoods and locations of the Marvelous City in detail. Then, analyze plans, square footage, condominium, services, prices, neighborhood and all the information that is useful for your choice.
Check out incredible apartments for sale in Rio de Janeiro with INVEXO, a real estate agency specializing in luxury properties in Rio de Janeiro.
