While real-estate in Brazil in general is undoubtedly a superb valuation, particular sections of Brazil are for only the really wealthy. And with the World Cup as well as the Olympics right around the corner, real estate valuations in Brazil's international holiday travel hot spots such as Rio de Janeiro have got and will proceed to move higher.
Of the top vacation travel destinations for the most expensive investment real-estate property, Rio de Janeiro will take the award with the number 1 hotspots being the world renowned beaches of Ipanema and Leblon in which the common meter squared comes in at R$11,000. If you want flats right on the beach, you should see square meter rates around R$16,500.
Beachfront apartment properties in Copacabana are usually lower priced yet expensive nevertheless with square meter costs ranging from R$6,500 on up to R15,000 thus, making this the next most expensive region for international real estate investment opportunities in Brazil. Beachfront apartment penthouses can easily fetch in the 5 to 10 millions.
Each of the most expensive travel destinations for Brazilian property are very sought-after. Demand for luxury apartments in vacation travel tourist centers like Rio de Janeiro is well ahead of supply and is a key driver behind rising prices. In addition, land is rare and at a prime within these already congested seaside spots.
The 2014 World Cup and 2016 Olympics are also tourist travel engines driving Brazilian real estate higher. Property in or around World Cup arena towns is gaining in worth as the football championship arrives. Whilst these price increases will undoubtedly be highest in Copacabana and Ipanema, other cities such as Belo Horizonte or Natal also are going through increases. Add to the blend the 2106 Olympics in Rio de Janeiro and you've got a strong formula for a formidable real-estate industry.
For many specialists, the largest factor behind price rises inside the international Brazilian property marketplace is the unprecedented demand for apartments and homes throughout Brazil. This demand is apparent at all social levels and has an effect on all types of properties from social housing to luxurious penthouse apartments on the Ipanema beaches.