Wednesday, March 28, 2012

Apartment Rental Accommodations And Real Estate Costs Are On The Rise In Rio De Janeiro

By Herika Oliveira


Despite a worldwide economic decline, fairly low valuation on the US $ against the Brazil real, high inflation and living expenses in Rio de Janeiro, the information show that tourism expansion is still stronger than in the past meaning locating a holiday vacation apartment in Rio continues to be a seller's market, especially in the peak time of year in between New Years and Carnival.

The annual increase of tourists flying into Brazil has exploded 15% from 2010 to 2011. All this means that the rio de janeiro real-estate rental market, specifically for short-term tenants, will probably be even firmer than usual.

Copacabana offers more options and customarily less expensive temporary apartments as compared to Leblon or Ipanema. For all those interested in a Copacabana apartment rental in between January and the conclusion of Carnival, it may help to know a few key factors plus some rate ranges to anticipate. The essential understanding is that Copacabana, Ipanema and Leblon tend to be the three most coveted locations while touring Rio de Janeiro.

Fees and also availability manage to stick to the identical line, with the most supply and the lower costs being present in Copacabana, less options and higher prices in Ipanema, and lastly Leblon with even less properties and extremely high prices. In Copacabana a regular studio condo which may run R$185 a night throughout the low season will be more throughout the peak season with price levels being doubled during Carnival and New Years on a 10 night minimum requirement.

In Ipanema, an equivalent apartment increases 3 fold from its low season price up to R$550 a night with the identical 10 night minimum stay requirement. In Leblon a studio flat, if one may still be found might be R$575 per night sticking with the same time period limitations.

If renting with a group or seeking to indulge, travelers may find luxurious penthouses in Copacabana and Ipanema for a few thousand per night. When shopping for rio de janeiro apartments from within Rio or from abroad, it is recommended to make use of a trustworthy firm that features pictures of the penthouse or flat and also the location on the map so you are aware of precisely what you are getting.




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1 comment:

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