Rio de Janeiro

The city of Rio de Janeiro is located in the southeastern region of Brazil, has a tropical savanna climate, characterized by hot and humid summers and warm with sunny winters. Rio is the second most populous city in Brazil, with 6,748 million inhabitants and the vegetation is composed of Atlantic forest reserves.

This city has different advantages for the development of investments, which we will see in the topics below.

 

 

Economy

The municipality is part of 5.1% of the national GDP. The services sector represents 65%, trade 23.4% and industrial activities 11.1%. Thus, the city is considered an administrative, financial, commercial and cultural center. Large companies such as Vale, Petrobras, Eletrobras and Caixa Econ√īmica Federal are headquartered in this city.¬†

Trade and services 

As it is a port area, it is a hub for exports and imports.The city of Rio de Janeiro has a large number of shopping centers, such as the Mercado Popular da Uruguaiana, Feira hippie de Ipanema and Copacabana, the Antigo Rio and Saara, which are very full of movements at times like carnival, and specific celebrations such as Christmas and New Year, and also in the summer season. Another option is to invest in franchises of multinational and national companies. It is important to aim at strategic places for greater and faster revenue generation. 

Tourism

Rio receives around 2.84 million international tourists per year, with famous tourist spots worldwide such as Cristo redentor and P√£o de A√ß√ļcar. Investing in hotels close to these tourist spots and also close to the beaches is a good option. According to the government of Rio, resources for this area will double in the coming years to generate new jobs, especially for young people.

Real Estate

If you want to invest

The fact that the city of Rio de Janeiro is a tourist city, makes many investors look for the most profitable and the safest areas to invest, and according to real estate agents, the neighborhoods that fit these requirements are Leblon, Laranjeiras, Ipanema and Centro. The average price of the places mentioned is detailed in the table below. 

 

 Places  Purchase prices  Rent  Time for generating income
 Leblon  $176.000 - $2.600.000 (USD)  $800 - $14.400 per month   Short period of time
 Laranjeiras  $27.600 - $2.200.000 (USD)  $280 - $8.000 per month   Short period of time
 Ipanema  $108.000 - $3.000.000 (USD)   $360 - $14.000 per month   Short period of time
 Centro   $26.000 - $1.600.000 (USD  $100 - $5.000 per month   Median period of time

 

The income generation time of the properties for sale is directly related to the proximity to tourist points such as beaches and cultural centers, to shops and also to strategic points with the greatest flow of people with greater purchasing power. So, the shorter the time, the faster the revenue generation will be. 
 

If you want to house

According to realtors, the best houses for sale to live in Rio de Janeiro are Copacabana, Ipanema and Leblon.

 

 Places   Purchase prices  Rent
 Copacabana  $199.000 - $8.000.000 (USD)  $540 - $7.200 per month
 Ipanema  $138.000 - $1.580.000 (USD)  $360 - $5.000 per month
 Leblon  $196.000 - $13.000.000 (USD)  $400 - $9.000 per month

 

Copacabana has a large transport network, attracting people from different corners of Rio, it also has varieties of commerce, easy access to the beach and outdoor leisure.

Ipanema has different types of leisure and also has the advantage of being close to the beach, making it one of the main tourist hubs.

Leblon is considered a neighborhood of luxury real estate, and consequently the most expensive in the region, as it offers great security, in addition to different types of outdoor leisure and also due to being located a few meters from the beach.

How to find a real estate agent?

You can find buying agents on websites that offer contacts, such as WhatsApp or email, through these communication channels the real estate agent will pass on more information about houses, lands for sale with details, like small properties to live in or larger properties to invest in,  like condos. However, there may be some communicative difficulties, in which case we can help, facilitate and assist so that this process can be done quickly and practically. 

Urban mobility

The city of Rio has several lines of buses, trains, and ferries. it is possible to move to practically every corner of the city with this transports. In addition, there is a future project by the State Government to link the three main cities of Rio de Janeiro to facilitate and streamline the flow of people to the labor camps.