By Stephen Eisenhammer, Contributing Reporter RIO DE JANEIRO, BRAZIL – For decades, restaurants and bars spread seemingly unchecked into street-side space, forming an important part of Rio’s cityscape and a vital revenue stream for their owners. But it now looks like the local Prefeitura has decided to enforce strict licensing laws surrounding the application for [...]
By Nathan M. Walters, Contributing Reporter RIO DE JANEIRO, BRAZIL – The Cidade Maravilhosa offers some of the best options in luxury living for those with the means, among them the sweeping penthouse views of the city. This Carnival, more jet-setters are seeking the best Rio has to offer and instead of settling for hotel [...]
By Nathan M. Walters, Contributing Reporter RIO DE JANEIRO, BRAZIL – Prior to the pacification of Vidigal in November 2011, a visit to the favela was usually only made by adventure travelers, or those who had friends to escort them. The idea of a foreigner owning real estate and starting a business in the area [...]
By Ana Gabriela Ribeiro, Contributing Reporter RIO DE JANEIRO, BRAZIL – Over the last several years, the well-traveled square Praça General Osorio in Rio’s famous Ipanema, known for its Feira Hippie (hippie market) and Carnival bloco Banda de Ipanema, has been reinvigorated with a series of infrastructure developments, transforming it from a “up-and-coming” area to [...]
By Ben Tavener, Senior Contributing Reporter RIO DE JANEIRO, BRAZIL – In the past few years the cost of real estate has skyrocketed in Rio de Janeiro, especially in the sought-after areas of Zona Sul (South Zone). While property owners and developers have doubled and tripled their investments, renters and new buyers have struggled, and [...]
By Sarah de Sainte Croix, Senior Contributing Reporter RIO DE JANEIRO, BRAZIL – The news that three people had been arrested for public urination at a pre-Carnival bloco in Copacabana last Friday was met with mixed feelings by Rio residents. On the one hand it showed that the city is taking action to deal with [...]
By Ben Tavener, Senior Contributing Reporter RIO DE JANEIRO, BRAZIL – Entrepreneurs starting up new businesses in Rio de Janeiro state have been increasingly attracted by the construction sector over the past two years, new figures show. Industry analysts are looking towards the city playing host to upcoming major sporting events – the 2014 World Cup [...]
Laura Madden, Contributing Reporter RIO DE JANEIRO, BRAZIL – Often referred to as the “esquina do continente” (corner of the continent), Natal in Rio Grande do Norte State is perhaps best known for its vast sand dunes, a playground for tourists taking dune-buggy rides. The entire region however, which gets around 300 days of sun [...]
By Chris Hieatt, Contributing Reporter RIO DE JANEIRO, BRAZIL Gamboa, along with Santo Cristo and SaĂşde, is one of the oldest boroughs of Rio. It was originally settled by the aristocracy, due to the attractive position on the shores of Guanabara Bay, but lost its glamour when the docks were built. Along with this history, [...]
By Ben Tavener, Senior Contributing Reporter RIO DE JANEIRO, BRAZIL – The average residential rent in Rio de Janeiro soared 21.4 percent in 2011, according to information from the FipeZap Index. In the same period, rents in São Paulo increased 14.5 percent. The rate used to adjust rents, the IGP-M, however, rose by just 5.1 percent [...]
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