IBOV 167,921.80 ▼ 0.75% IPC MEX 69,779.20 ▼ 0.01% MERVAL 2,848,945 — — USD/BRL5.44▲ 0.01% USD/MXN18.77▼ 0.10% USD/CLP993.12▲ 0.49% USD/COP3,224▲ 1.57% USD/PEN3.47▲ 0.15% USD/ARS1,534▼ 0.10% USD/UYU40.19▲ 3.14% USD/PYG5,965▲ 5.19% USD/BOB12.07▲ 3.75% USD/DOP60.42▲ 0.12% USD/CRC451.45▲ 2.49% USD/GTQ7.64▲ 3.18% USD/HNL26.88▲ 0.49% USD/NIO36.62— 0.00% USD/VES887.35▼ 0.13% USD/PAB1.00— 0.00% USD/BZD2.00— 0.00% USD/JMD157.99▲ 2.73% USD/TTD6.71▲ 2.19% EUR/BRL6.08▲ 0.93% BRENT 109.58 ▼ 5.38% WTI 100.12 ▼ 1.61% IRON ORE 161.91 — — COPPER 6.65 ▲ 2.24% GOLD 4,073 ▲ 0.85% SILVER 54.49 ▲ 0.70% SOY 1,250 ▲ 0.70% CORN 450.25 ▼ 1.04% WHEAT 614.75 ▼ 0.20% COFFEE 294.35 ▼ 2.19% SUGAR 19.26 ▲ 0.84% ORANGE JUICE 143.20 ▲ 5.45% COTTON 77.90 ▼ 1.47% COCOA 5,581 ▲ 1.66% BEEF 230.73 ▲ 0.33% CATTLE 346.40 ▼ 1.00% LITHIUM 62.43 ▲ 1.89% PETR4 53.31 ▼ 1.06% VALE3 62.88 ▼ 2.33% ITUB4 41.42 ▼ 0.67% BBDC4 15.69 ▼ 1.63% ABEV3 15.40 ▲ 0.20% BBAS3 17.59 ▲ 0.69% B3SA3 15.27 ▲ 1.33% WEGE3 45.78 ▲ 2.81% PRIO3 69.21 ▼ 2.71% SUZB3 47.14 ▼ 0.55% RENT3 31.14 ▼ 1.67% AZZA3 16.72 ▲ 1.15% CSAN3 2.69 ▼ 2.89% RAIZ4 0.34 — 0.00% PCAR3 2.22 ▼ 3.48% GMAT3 3.74 ▲ 2.19% PSSA3 47.75 ▼ 0.89% CVCB3 0.98 — 0.00% POSI3 3.56 ▼ 0.84% SLCE3 16.97 ▼ 2.75% NATU3 5.68 ▼ 3.89% BRKM5 3.80 ▲ 19.50% RANI3 7.34 ▼ 0.54% CSNA3 4.76 ▼ 4.99% IBOV 167,921.80 ▼ 0.75% IPC MEX 69,779.20 ▼ 0.01% MERVAL 2,848,945 — — USD/BRL 5.34 ▼ 1.32% USD/MXN 18.69 ▲ 0.62% USD/CLP 983.47 ▼ 0.57% USD/COP 3,149 ▲ 3.06% USD/PEN 3.45 ▲ 0.17% USD/ARS 1,537 ▼ 0.28% USD/UYU 40.21 ▲ 3.57% USD/PYG 5,803 ▲ 3.78% USD/BOB 11.97 ▲ 4.93% USD/DOP 60.54 ▲ 1.83% USD/CRC 451.24 ▲ 2.13% USD/GTQ 7.64 ▲ 3.23% USD/HNL 26.87 ▲ 3.37% USD/NIO 36.62 ▲ 2.81% USD/VES 885.08 ▼ 0.13% USD/PAB 1.00 — 0.00% USD/BZD 2.00 — 0.00% USD/JMD 157.69 ▲ 2.63% USD/TTD 6.71 ▲ 2.07% EUR/BRL 5.95 ▲ 7.53% BRENT 109.58 ▼ 5.38% WTI 100.12 ▼ 1.61% IRON ORE 161.91 — — COPPER 6.65 ▲ 2.24% GOLD 4,073 ▲ 0.85% SILVER 54.49 ▲ 0.70% SOY 1,250 ▲ 0.70% CORN 450.25 ▼ 1.04% WHEAT 614.75 ▼ 0.20% COFFEE 294.35 ▼ 2.19% SUGAR 19.26 ▲ 0.84% ORANGE JUICE 143.20 ▲ 5.45% COTTON 77.90 ▼ 1.47% COCOA 5,581 ▲ 1.66% BEEF 230.73 ▲ 0.33% CATTLE 346.40 ▼ 1.00% LITHIUM 62.43 ▲ 1.89% PETR4 53.31 ▼ 1.06% VALE3 62.88 ▼ 2.33% ITUB4 41.42 ▼ 0.67% BBDC4 15.69 ▼ 1.63% ABEV3 15.40 ▲ 0.20% BBAS3 17.59 ▲ 0.69% B3SA3 15.27 ▲ 1.33% WEGE3 45.78 ▲ 2.81% PRIO3 69.21 ▼ 2.71% SUZB3 47.14 ▼ 0.55% RENT3 31.14 ▼ 1.67% AZZA3 16.72 ▲ 1.15% CSAN3 2.69 ▼ 2.89% RAIZ4 0.34 — 0.00% PCAR3 2.22 ▼ 3.48% GMAT3 3.74 ▲ 2.19% PSSA3 47.75 ▼ 0.89% CVCB3 0.98 — 0.00% POSI3 3.56 ▼ 0.84% SLCE3 16.97 ▼ 2.75% NATU3 5.68 ▼ 3.89% BRKM5 3.80 ▲ 19.50% RANI3 7.34 ▼ 0.54% CSNA3 4.76 ▼ 4.99%
since 2009
Monday, November 2, 2026

Life & Society Real Estate

Leblon: The Caviar of Rio Real Estate

By · July 7, 2009 · 3 min read

By Karen Shishiptorova, Contributing Reporter

The pristine beaches of Leblon have views of the twin mountain Morro Dois Irmãos, photo by Trek Earth.
The pristine beaches of Leblon have views of the twin mountain Morro Dois Irmãos, photo by Trek Earth.
RT
Ask Rio Times
17 years of Latin America reporting, on demand.
Open the full Ask Rio Times →

RIO DE JANEIRO – Surrounded by the Atlantic on the south, Lagoa Rodrigo de Freitas to the north with two channels connecting the Lagoa waters to the ocean, Leblon is in fact an island whose paved waterways lead to Gávea, Vidigal and Ipanema.

This affluent beachfront neighborhood – cooled by the Mata Atlântica Forest – has lured the well-to-do since its inception. In 1919, the deserted sandy stretch was sectioned into blocks, public areas planned and the streets named and numbered.

Led by the real estate industry, a marketing campaign on the ocean´s health benefits attracted wealthy merchants, foreigners and tourists. Soon, houses and three story buildings in art deco and colonial styles began to rise. After a complete makeover in the Nineties, sidewalks gained wheelchair access, and a good part of its original charm remains, due to a controversial 2001 decree prohibiting the demolition of architectural, social and historical edifices.

Home to artists, politicians, socialites and CEOs, daytime Leblon is family oriented: retirees, nannies with strollers and, hosting great schools, kids and teens as well.

The beach is generally tranquil. Baixo Bebê – meaning baby hangout – is a spot on the sand with amenities for toddlers. Bikers enjoy a paved route, while joggers, dogs and their owners on the sidewalk bask in the sun and ocean breeze, and surfers ride the waves. Hikers enjoy trekking at Parque Dois Irmãos (Two Brothers’ Park).

The LatAm Brief

One email, every weekday morning. What moved in Latin American markets, politics and expat life.

Yesterday’s subject line: “Brazil's index falls 18.1% in its worst week since 2020”

Free. We send a confirmation link first — nothing arrives until you click it. Unsubscribe with one click in any edition. If you stop opening us for 30 days we stop sending by ourselves, as we assume the interest is no longer there. See our privacy policy. We never share your email.

Leblon features eight screening rooms, four theaters, a state of the art cultural center and several art galleries. At night, choices are numerous and eclectic: trendy nightclubs, elegant bars and lounges, or the simple local hang outs.

Here, one finds the very best restaurants, eateries and delis in Rio: sandwich/juice shops, steak, pasta and hamburger houses, sushi, gourmet pizza, seafood, and, of course, top international gastronomy with impeccable wine lists, ambiance and service.

Final do Leblon – meaning the end strip – features many hot spots, including the renowned Baixo Leblon and equally famous Pizzaria Guanabara, open till dawn.

Shoppers won´t be disappointed. With great Lagoa views, Shopping Leblon is Rio´s version of Rodeo Drive, featuring 200 stores, including Armani, Calvin Klein and H. Stern, while Rio Design Leblon focuses on furnishings.

Two busy main streets go up and down the stretch, while two short avenues cross to and from the beach. Bus lines and the subway shuttle connect Leblon to every corner of the city and airports.

The exclusive, leafy-green enclave of Alto Leblon, photo by Rodrigo Soldon.
The exclusive, leafy-green enclave of Alto Leblon, photo by Rodrigo Soldon.

Greener Alto Leblon (upper Leblon) has no public transportation service. There is a private shuttle for its exclusive residents, available for a monthly fee, which makes stops along Ataulfa de Paiva in Leblon and circulates to Rua Rainha Elizabeth in Ipanema.

Home of Sotheby’s International Realty’s Rio headquarters, Leblon stands as Brazil´s most expensive real estate, averaging between R$12,000 and R$25,000 per square meter. Prices have skyrocketed within the last decade.

According to Ademi – an association of real estate company managers – an apartment worth R$500,000 in 1997 is sold today for R$2.5 million. One bedrooms start at R$280,000, two bedrooms range from R$300,000, to R$680,000, and three bedrooms fall in the R$420,000, to R$1,500,000 range, with beachfront properties starting at R$2,000,000 and reaching up to R$14 million. At Jardim Pernambuco, a gated mansion oasis, houses follow beachfront price range.

Rentals average R$1,100, for one bedrooms and around R$2,500 to R$3,700 for two and three bedrooms.

Editorial responsibility: Matthias Camenzind, Editor-in-Chief · Editorial standards · Report an error

Living in or visiting Rio de Janeiro? See this month's events and our Rio de Janeiro city guide with rents, safety and upcoming concerts.

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

Brazil runoff date: Sunday, October 25, poll closing times and when results start · Brazil runoff polls: Flávio 51%, Lula 49% · Kalshi and Polymarket odds

Rotate for Best Experience

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