IBOV 171,031.73 ▲ 1.85% IPSA 11,338.38 ▲ 0.89% IPC MEX 65,729.18 ▲ 2.14% MERVAL 2,913,184 ▲ 1.30% COLCAP 2,459.23 ▲ 0.61% BVL PERÚ 58,698.13 ▲ 2.60% USD/BRL5.14— 0.00% USD/MXN16.92▲ 0.07% USD/CLP914.28— 0.00% USD/COP3,038▼ 0.15% USD/PEN3.36▲ 0.04% USD/ARS1,499▼ 0.03% USD/UYU40.20▲ 1.52% USD/PYG5,996▲ 1.39% USD/BOB11.43▲ 0.51% USD/DOP58.61▼ 0.07% USD/CRC450.05▲ 1.95% USD/GTQ7.62▲ 2.13% USD/HNL26.81▲ 1.55% USD/NIO36.62— 0.00% USD/VES782.70▼ 0.13% USD/PAB1.00— 0.00% USD/BZD2.00— 0.00% USD/JMD 157.28 — 0.00% USD/TTD6.71▲ 0.82% EUR/BRL5.99▼ 0.10% BRENT 88.88 ▼ 0.03% WTI 83.11 ▼ 0.11% IRON ORE 161.91 — — COPPER 6.61 ▲ 0.03% GOLD 4,461 ▲ 1.78% SILVER 65.59 ▲ 1.26% SOY 1,184 ▲ 3.20% CORN 480.50 ▲ 10.02% WHEAT 655.00 ▲ 3.93% COFFEE 317.25 ▼ 5.51% SUGAR 16.43 ▼ 1.79% ORANGE JUICE 138.55 ▼ 0.47% COTTON 85.03 ▲ 2.33% COCOA 5,719 ▲ 3.18% BEEF 223.60 ▼ 3.93% CATTLE 339.10 ▼ 3.16% LITHIUM 75.20 ▲ 1.47% PETR4 41.64 ▼ 0.05% VALE3 72.97 ▲ 0.83% ITUB4 38.60 ▼ 1.03% BBDC4 16.85 ▲ 0.36% ABEV3 14.89 ▼ 0.80% BBAS3 19.37 ▲ 0.47% B3SA3 14.26 ▼ 0.21% WEGE3 47.59 ▲ 0.49% PRIO3 59.14 ▼ 0.19% SUZB3 41.33 ▲ 2.35% RENT3 34.68 ▼ 0.09% AZZA3 15.89 ▼ 2.63% CSAN3 3.22 ▼ 1.83% RAIZ4 0.25 — 0.00% PCAR3 2.75 ▼ 0.36% GMAT3 3.65 ▼ 1.08% PSSA3 48.13 ▼ 0.54% CVCB3 1.33 ▼ 2.92% POSI3 3.36 ▲ 2.44% SLCE3 13.34 ▲ 0.30% NATU3 8.14 ▼ 0.73% IBOV 171,031.73 ▲ 1.85% IPSA 11,338.38 ▲ 0.89% IPC MEX 65,729.18 ▲ 2.14% MERVAL 2,913,184 ▲ 1.30% COLCAP 2,459.23 ▲ 0.61% BVL PERÚ 58,698.13 ▲ 2.60% USD/BRL 5.16 ▲ 0.01% USD/MXN 17.06 ▼ 0.24% USD/CLP 913.98 ▲ 0.04% USD/COP 3,140 ▲ 0.03% USD/PEN 3.36 ▼ 0.66% USD/ARS 1,493 ▲ 0.10% USD/UYU 40.27 ▲ 1.24% USD/PYG 5,939 ▲ 1.68% USD/BOB 11.64 ▼ 0.76% USD/DOP 58.34 ▲ 1.25% USD/CRC 445.92 ▲ 0.89% USD/GTQ 7.62 ▲ 2.21% USD/HNL 26.79 ▲ 1.57% USD/NIO 36.62 ▲ 0.69% USD/VES 762.44 ▼ 0.13% USD/PAB 1.00 — 0.00% USD/BZD 2.00 — 0.00% USD/JMD 157.28 — 0.00% USD/TTD 6.70 ▲ 0.61% EUR/BRL 5.95 ▲ 1.01% BRENT 88.88 ▼ 0.03% WTI 83.11 ▼ 0.11% IRON ORE 161.91 — — COPPER 6.61 ▲ 0.03% GOLD 4,461 ▲ 1.78% SILVER 65.59 ▲ 1.26% SOY 1,184 ▲ 3.20% CORN 480.50 ▲ 10.02% WHEAT 655.00 ▲ 3.93% COFFEE 317.25 ▼ 5.51% SUGAR 16.43 ▼ 1.79% ORANGE JUICE 138.55 ▼ 0.47% COTTON 85.03 ▲ 2.33% COCOA 5,719 ▲ 3.18% BEEF 223.60 ▼ 3.93% CATTLE 339.10 ▼ 3.16% LITHIUM 75.20 ▲ 1.47% PETR4 41.64 ▼ 0.05% VALE3 72.97 ▲ 0.83% ITUB4 38.60 ▼ 1.03% BBDC4 16.85 ▲ 0.36% ABEV3 14.89 ▼ 0.80% BBAS3 19.37 ▲ 0.47% B3SA3 14.26 ▼ 0.21% WEGE3 47.59 ▲ 0.49% PRIO3 59.14 ▼ 0.19% SUZB3 41.33 ▲ 2.35% RENT3 34.68 ▼ 0.09% AZZA3 15.89 ▼ 2.63% CSAN3 3.22 ▼ 1.83% RAIZ4 0.25 — 0.00% PCAR3 2.75 ▼ 0.36% GMAT3 3.65 ▼ 1.08% PSSA3 48.13 ▼ 0.54% CVCB3 1.33 ▼ 2.92% POSI3 3.36 ▲ 2.44% SLCE3 13.34 ▲ 0.30% NATU3 8.14 ▼ 0.73%
since 2009
Monday, August 24, 2026

Business - Brazil Life & Society

Ipanema: the Best of Everything in Rio

By · February 15, 2011 · 3 min read

Daily Brief

The morning intel from across Latin America. Free.

By subscribing you agree to our privacy policy. We never share your email.

By Sanhita Reddy, Contributing Reporter

RIO DE JANEIRO, BRAZIL – There is much more to Ipanema beyond sunbathing at the infamous Posto 9, and those fortunate enough to call this neighborhood home know that. Running or biking along the long stretch of beach, window-shopping on Rua Visconde de Pirajá, or grabbing an ice cream at Mil Frutas… Ipanema boasts access to the best of Rio de Janeiro.

Ipanema beach and a view of Dois Irmaos (Two Brothers Mountain)
Ipanema beach and a view of Dois Irmãos (Two Brothers) Mountain, photo by Mike Vondran/Flickr Creative Commons License.
One-stop reference
Company Intelligence
Every listed company in Latin America — financials, ownership and structure for 1,450+ companies across 26 exchanges, in one place.
Browse the directory →
RT
Ask Rio Times
Latin American markets, currencies and companies.
Open the full Ask Rio Times →

The relatively small neighborhood is between arguably the sexiest beach in the world (as ranked by the Travel Channel in recent years), and the Lagoa — a lagoon that borders just a few of the most elite neighborhoods in Zona Sul (South zone).

Near the beach, residents enjoy the bike path in the mornings, play futevolei (volleyball with no hands) and beach volleyball in the afternoons, and grab a beer to watch the sunset behind the Dois Irmãos (Two Brothers) Mountain, a view granted only to those who live in Ipanema and Leblon.

Those who aren’t interested in living at the beach can stroll through the tree-lined streets and shop at the number of boutiques scattered through the barrio. Osklen, Farme, Blue Man, among others, have stores here.

One of the safest neighborhoods in Rio, residents revel in the number of choices that they have. One can opt to buy their groceries at one of the only 24-hour supermarkets (Zona Suls) in Rio de Janeiro, or support the local farmers by getting their fruits and vegetables at the largest and most famous farmers market in Praça General Osório (on Tuesdays) or Praça Nossa Senhora (on Fridays).

Restaurants are tucked away in nearly every corner of the neighborhood, and range in variety and style. Chains like Mega Matte and Bob’s are found in this neighborhood, but so are upscale dining like Gula-Gula and Via Sete, and family-centered rodizios (all you can eat) and per-kilo restaurants like Fronteira.

For those missing the comforts of home, American-style diner the Gringo Cafe offers everything from pancakes and milkshakes to apple pie (and perhaps the best hamburgers in Rio). Another Irish-American bar and restaurant, Shenanigan’s will serve up chicken wings, Guinness, live Blues, and every sport you may be missing on it’s many TVs.

On Sundays, the Feirra de Hippie (Hippie Fair) takes place in Praça General Osório , where tourists and Cariocas come to find jewelry, clothes, trinkets, and eat some acaraje, the Bahian street-snack that is sold by the corner vendors at the fair.

Book-lovers can spend hours checking out the books and drinking coffee at Livraria da Travessia, and find used treasures at the book fair in Praca Nossa Senhora. Many restaurants have live music during the day, and places like Bossa Nova can be the perfect afternoon agenda for a music lover.

Panoramic view of Ipanema and Leblon beaches.
Panoramic view of Ipanema and Leblon beaches, photo by Mariordo Mario Roberto Duran Ortiz/Wikimedia Creative Commons License.

The opening of the metro station in Ipanema in December 2009 has no doubt contributed to the significant housing market inflation in the neighborhood.

A recent search to buy a one bedroom, one bathroom found prices starting at R$450,000, more than double the starting prices from just two years ago. Expect to pay upwards of R$600,000 for a two-bedroom, and don’t be surprised to find some beachfront homes hovering around R$18-25,000,000.

Renting is not cheap either, but transportation is much more accessible than neighborhoods like Jardim Botanico and Urca. The same search found that a one-bedroom, one-bathroom starts at R$2,500 per month, with prices averaged around R$3,500 for a two-bedroom.

Read More from The Rio Times

The Rio Times · Power Map
See who really holds power in Latin America
Click to open the Power Map

Rotate for Best Experience

This report is optimized for landscape viewing. Rotate your phone for the full experience.