Investment Properties in Rio de Janeiro
By Nathan M. Walters, Contributing Reporter RIO DE JANEIRO, BRAZIL - The Rio real estate market is soaring, fueled by a booming domestic economy, increased tourism, world sporting events and oil fever. Property values in Zona Sul (South Zone) have increased in value at incredible rates, and many predict the trend to continue, bringing more investors [...]
Stricter Licensing for Ipanema Shops: Daily
By Fiona Hurrell, Contributing Reporter RIO DE JANEIRO, BRAZIL – New licensing laws will aim to prevent Ipanema’s main shopping street, Visconde de Pirajá, from being dominated by banks and pharmacies. In an attempt to preserve the character of the neighborhood any store hoping to open in Ipanema must, henceforth, apply directly to the Subsecretaria [...]
New Extreme Sports Park Planned for Lagoa
By Ana Gabriela Ribeiro, Contributing Reporter RIO DE JANEIRO, BRAZIL - A new public extreme sports park on the Lagoa has been planned to replace the 18,000 square meter privately run Academia Estação do Corpo, which originally opened in 1997. Construction for the new park is set to start in April of this year, with the [...]
Leblon and Gávea After Rocinha Pacification
By Stephen Eisenhammer, Contributing Reporter RIO DE JANEIRO, BRAZIL – The pacification of Rio’s largest favela – Rocinha – as well as neighboring Vidigal in November 2011, has had a dramatic effect on the communities, causing much interest in real estate developers. Yet while the pacification has affected the sense of security in neighboring Leblon [...]
Questions in Santa Teresa Bonde Plan
By Luke Milner, Contributing Reporter RIO DE JANEIRO, BRAZIL – The announcement made by the state government’s Chief Secretary of Staff, Regis Fichtner, that the bonde, Santa Teresa’s tram system, will be relaunched in 2014 has been criticized by the Association of Residents and Friends of Santa Teresa (AMAST). Lawyer Abaeté Mesquita, one of AMAST’s [...]
General Osório, Cantagalo Metro to Close for Extension
By Ana Gabriela Ribeiro, Contributing Reporter RIO DE JANEIRO, BRAZIL – Since opening in 2009, the General Osório Metro station (the last stop of Line 1) in Ipanema has increased the accessibility to the area, connecting Praça General Osório with Copacabana Cantagalo Metro stop. However, due to further expansion of the new Metro Line 4, [...]
Santa Teresa Bonde Back in 2014: Daily
By Sarah de Sainte Croix, Senior Contributing Reporter RIO DE JANEIRO, BRAZIL – Santa Teresa’s iconic yellow tram – the “bonde” – will be back on the rails in time for the 2014 World Cup, the state government’s Chief Secretary of Staff, Regis Fichtner, announced yesterday. According to Fichtner, a call for tenders to build [...]
Rio Gets Strict on Outside Seating Areas
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 [...]
Rio Carnival in Luxury Penthouse Style
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 [...]
Vidigal Guesthouses Thrive After UPP
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 [...]
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