IBOV 172,179.93 ▼ 0.19% IPSA 11,257.12 ▲ 0.01% IPC MEX 66,938.64 ▲ 0.82% MERVAL 3,101,754 ▲ 0.49% COLCAP 2,371.05 ▲ 0.88% BVL PERÚ 59,581.33 ▼ 0.06% USD/BRL5.11▲ 0.52% USD/MXN17.13▲ 0.01% USD/CLP916.37▲ 0.40% USD/COP3,136▼ 0.60% USD/PEN3.38▼ 0.25% USD/ARS1,498▼ 0.05% USD/UYU40.25▼ 0.06% USD/PYG5,922▲ 0.04% USD/BOB11.80▲ 0.17% USD/DOP58.12▲ 0.02% USD/CRC447.88▼ 0.54% USD/GTQ7.62▼ 0.06% USD/HNL26.78▼ 0.01% USD/NIO 36.62 — 0.00% USD/VES755.65▼ 0.13% USD/PAB1.00— 0.00% USD/BZD2.00— 0.00% USD/JMD157.29▼ 0.02% USD/TTD6.68▼ 0.82% EUR/BRL5.90▲ 0.38% BRENT 87.79 ▲ 5.07% WTI 82.15 ▲ 5.08% IRON ORE 161.91 — — COPPER 6.61 ▲ 0.62% GOLD 4,424 ▲ 1.92% SILVER 65.26 ▲ 3.04% SOY 1,180 ▲ 2.05% CORN 462.00 ▲ 5.24% WHEAT 639.50 ▼ 0.04% COFFEE 335.20 ▼ 0.10% SUGAR 16.46 ▲ 0.06% ORANGE JUICE 144.30 ▲ 1.23% COTTON 84.05 ▲ 1.00% COCOA 6,018 ▲ 4.08% BEEF 226.70 ▼ 2.16% CATTLE 344.38 ▼ 2.07% LITHIUM 74.62 ▲ 0.82% PETR4 42.33 ▲ 3.57% VALE3 75.86 ▲ 1.19% ITUB4 40.54 ▼ 0.52% BBDC4 17.27 ▼ 0.23% ABEV3 15.30 ▼ 1.16% BBAS3 20.10 ▲ 0.20% B3SA3 14.72 ▼ 1.54% WEGE3 47.69 ▼ 0.89% PRIO3 60.57 ▲ 5.43% SUZB3 41.57 ▼ 0.31% RENT3 36.60 ▼ 3.23% AZZA3 16.69 ▼ 1.88% CSAN3 3.54 ▼ 3.54% RAIZ4 0.26 — 0.00% PCAR3 2.87 ▼ 1.71% GMAT3 3.67 ▼ 1.61% PSSA3 49.69 ▼ 1.45% CVCB3 1.41 ▼ 7.24% POSI3 3.48 ▼ 1.42% SLCE3 13.30 ▲ 0.61% NATU3 8.08 ▼ 2.42% BRKM5 5.79 ▼ 2.53% RANI3 8.03 ▼ 2.38% CSNA3 4.49 ▼ 1.75% CMIN3 5.42 ▼ 0.55% USIM5 7.11 ▼ 0.56% GGBR4 25.16 ▲ 0.44% ENEV3 25.39 ▼ 3.02% CPFE3 44.57 ▼ 0.51% CMIG4 10.64 ▼ 2.56% EQTL3 36.70 ▼ 1.56% LREN3 12.08 ▼ 2.50% VIVT3 30.50 ▼ 0.26% RAIL3 13.33 ▼ 1.91% KLABIN 17.86 ▼ 0.83% RAIA DROGASIL 19.45 ▼ 3.81% RDOR3 34.09 ▲ 0.50% HAPV3 10.39 ▼ 3.53% FLRY3 18.66 ▼ 1.53% SMTO3 15.09 ▲ 2.17% UGPA3 31.05 ▼ 0.74% VBBR3 33.35 ▼ 2.57% BBSE3 38.15 ▼ 0.60% BPAC11 53.85 ▲ 1.35% CURY3 31.42 ▲ 0.19% AERI3 2.31 ▲ 0.87% VIVARA 21.72 ▲ 0.42% COMPASS 22.90 ▲ 0.31% VAMOS 2.95 ▼ 4.22% SANB11 29.18 ▼ 0.31% ASAI3 8.09 ▼ 1.82% SBSP3 26.49 ▼ 1.49% WALMEX 48.15 ▼ 2.67% GMEXICO 224.98 ▲ 0.08% FEMSA 206.61 ▼ 1.45% CEMEX 19.59 ▲ 0.26% GFNORTE 199.53 ▼ 0.13% BIMBO 61.80 ▲ 1.06% TELEVISA 9.93 ▲ 1.43% AMX 20.51 ▲ 0.39% GAP 370.99 ▼ 2.70% ASUR 274.22 ▼ 0.89% OMA 232.42 ▼ 1.59% KOF 186.91 ▼ 1.16% GRUMA 254.93 ▲ 0.01% KIMBER 40.38 ▼ 0.93% SQM-B 66,872 ▲ 1.65% COPEC 6,200 ▲ 1.39% BSANTANDER 81.15 ▲ 1.24% FALABELLA 6,468 ▼ 0.02% ENELAM 87.57 ▲ 0.19% CENCOSUD 2,035 ▼ 0.74% CMPC 1,045 ▲ 1.45% BANCO CHILE 189.72 ▲ 0.57% LATAM AIR 24.98 ▼ 3.18% YPF 8,090 ▲ 4.05% GGAL 7,290 ▼ 0.34% PAMPA 5,240 ▲ 0.67% TXAR 745.50 ▲ 4.19% ALUAR 935.50 ▲ 0.11% TGS 9,275 ▲ 1.53% CEPU 2,180 ▼ 1.27% MIRGOR 1,600 ▼ 1.84% COME 42.30 ▲ 2.40% LOMA NEGRA 3,238 ▼ 0.84% BYMA 287.50 ▼ 1.20% TELECOM ARG 4,550 ▲ 3.88% ECOPETROL 17.27 ▲ 2.92% BANCOLOMBIA 91.62 ▲ 3.12% GRUPO AVAL 5.25 ▲ 3.75% CREDICORP 385.24 ▼ 0.44% SOUTHERN COPPER 201.10 ▲ 1.02% BUENAVENTURA 34.50 ▲ 1.02% MERCADOLIBRE 1,825 ▲ 0.24% NUBANK 13.96 ▲ 0.83% XP 16.25 ▲ 0.06% PAGSEGURO 9.15 ▲ 0.05% STONE 10.45 ▼ 1.46% GLOBANT 38.85 ▲ 3.88% TECNOGLASS 41.80 ▼ 5.30% GAP AIRPORT 217.05 ▼ 2.54% ASUR 274.22 ▼ 0.89% OMA AIRPORT 108.37 ▼ 1.87% AMX ADR 23.91 ▲ 0.65% FEMSA ADR 120.38 ▼ 1.70% CEMEX ADR 11.42 ▲ 0.75% PETROBRAS ADR 18.51 ▲ 3.03% VALE ADR 14.80 ▲ 0.58% ITAU ADR 7.90 ▼ 0.57% SANTANDER BR 5.78 ▼ 0.52% AMBEV ADR 2.95 ▼ 1.67% CSN 0.90 ▼ 2.91% GERDAU 4.95 ▲ 0.20% LATAM ADR 54.40 ▼ 4.10% BTC 63,841 ▼ 1.55% ETH 1,871 ▼ 1.98% SOL 75.81 ▼ 0.53% XRP 1.02 ▼ 1.15% BNB 599.70 ▼ 0.34% ADA 0.19 ▼ 0.74% DOGE 0.07 ▲ 0.54% AVAX 6.48 ▲ 0.98% LINK 8.21 ▲ 0.43% DOT 0.80 ▲ 0.33% LTC 45.10 ▼ 0.67% BCH 213.41 ▼ 0.52% TRX 0.33 ▲ 0.32% XLM 0.16 ▼ 0.13% HBAR 0.07 ▼ 1.11% NEAR 1.60 ▲ 0.30% ATOM 1.41 ▲ 2.47% AAVE 89.50 ▼ 1.16% SELIC 14.00% EMBRAER 95.75 ▲ 3.49% EMBRAER ADR 74.57 ▲ 2.13% JBS 13.81 ▼ 2.99% JBS BDR 70.54 ▼ 2.15% MBRF3 15.77 ▼ 1.87% MBRFY 3.03 ▼ 2.88% INTER 5.38 ▲ 1.99% EGX 54,876 ▼ 0.45% USD/ZAR16.19▲ 0.29% USD/NGN1,359▼ 0.14% NIKKEI 66,970 ▲ 2.08% CSI300 4,702 ▲ 0.16% HSI 25,937 ▲ 1.05% NIFTY 24,584 ▲ 0.05% KOSPI 6,300 ▲ 0.65% JCI 6,365 ▼ 0.69% USD/JPY159.24▲ 0.98% USD/CNY6.74▼ 0.04% DAX 26,324 ▲ 0.02% CAC 8,726 ▲ 0.13% FTSE 10,863 ▼ 0.35% MIB 53,664 ▼ 0.10% IBEX 20,173 ▼ 0.01% STOXX 660.45 ▲ 0.03% EUR/USD1.15▼ 0.14% GBP/USD1.35▲ 0.10% SPX 7,750 ▼ 0.10% DJI 53,877 ▼ 0.30% NDX 29,641 ▼ 0.27% RUT 3,016 ▼ 0.60% TSX 36,492 ▲ 0.30% VIX 15.34 ▲ 2.95% USD/CAD1.39▼ 0.07% US10Y 4.6990 ▲ 0.84% IBOV 172,179.93 ▼ 0.19% IPSA 11,257.12 ▲ 0.01% IPC MEX 66,938.64 ▲ 0.82% MERVAL 3,101,754 ▲ 0.49% COLCAP 2,371.05 ▲ 0.88% BVL PERÚ 59,581.33 ▼ 0.06% USD/BRL 5.12 ▲ 0.61% USD/MXN 17.14 ▲ 0.04% USD/CLP 915.52 ▲ 0.30% USD/COP 3,132 ▼ 0.72% USD/PEN 3.37 ▼ 0.40% USD/ARS 1,498 ▼ 0.05% USD/UYU 40.25 ▼ 0.06% USD/PYG 5,922 ▲ 0.04% USD/BOB 11.80 ▲ 0.17% USD/DOP 58.12 ▲ 0.02% USD/CRC 447.88 ▼ 0.54% USD/GTQ 7.62 ▼ 0.06% USD/HNL 26.78 ▼ 0.01% USD/NIO 36.62 — 0.00% USD/VES 755.65 ▼ 0.13% USD/PAB 1.00 — 0.00% USD/BZD 2.00 — 0.00% USD/JMD 157.29 ▲ 0.24% USD/TTD 6.68 ▲ 0.55% EUR/BRL 5.90 ▲ 0.47% BRENT 87.79 ▲ 5.07% WTI 82.15 ▲ 5.08% IRON ORE 161.91 — — COPPER 6.61 ▲ 0.62% GOLD 4,424 ▲ 1.92% SILVER 65.26 ▲ 3.04% SOY 1,180 ▲ 2.05% CORN 462.00 ▲ 5.24% WHEAT 639.50 ▼ 0.04% COFFEE 335.20 ▼ 0.10% SUGAR 16.46 ▲ 0.06% ORANGE JUICE 144.30 ▲ 1.23% COTTON 84.05 ▲ 1.00% COCOA 6,018 ▲ 4.08% BEEF 226.70 ▼ 2.16% CATTLE 344.38 ▼ 2.07% LITHIUM 74.62 ▲ 0.82% PETR4 42.33 ▲ 3.57% VALE3 75.86 ▲ 1.19% ITUB4 40.54 ▼ 0.52% BBDC4 17.27 ▼ 0.23% ABEV3 15.30 ▼ 1.16% BBAS3 20.10 ▲ 0.20% B3SA3 14.72 ▼ 1.54% WEGE3 47.69 ▼ 0.89% PRIO3 60.57 ▲ 5.43% SUZB3 41.57 ▼ 0.31% RENT3 36.60 ▼ 3.23% AZZA3 16.69 ▼ 1.88% CSAN3 3.54 ▼ 3.54% RAIZ4 0.26 — 0.00% PCAR3 2.87 ▼ 1.71% GMAT3 3.67 ▼ 1.61% PSSA3 49.69 ▼ 1.45% CVCB3 1.41 ▼ 7.24% POSI3 3.48 ▼ 1.42% SLCE3 13.30 ▲ 0.61% NATU3 8.08 ▼ 2.42% BRKM5 5.79 ▼ 2.53% RANI3 8.03 ▼ 2.38% CSNA3 4.49 ▼ 1.75% CMIN3 5.42 ▼ 0.55% USIM5 7.11 ▼ 0.56% GGBR4 25.16 ▲ 0.44% ENEV3 25.39 ▼ 3.02% CPFE3 44.57 ▼ 0.51% CMIG4 10.64 ▼ 2.56% EQTL3 36.70 ▼ 1.56% LREN3 12.08 ▼ 2.50% VIVT3 30.50 ▼ 0.26% RAIL3 13.33 ▼ 1.91% KLABIN 17.86 ▼ 0.83% RAIA DROGASIL 19.45 ▼ 3.81% RDOR3 34.09 ▲ 0.50% HAPV3 10.39 ▼ 3.53% FLRY3 18.66 ▼ 1.53% SMTO3 15.09 ▲ 2.17% UGPA3 31.05 ▼ 0.74% VBBR3 33.35 ▼ 2.57% BBSE3 38.15 ▼ 0.60% BPAC11 53.85 ▲ 1.35% CURY3 31.42 ▲ 0.19% AERI3 2.31 ▲ 0.87% VIVARA 21.72 ▲ 0.42% COMPASS 22.90 ▲ 0.31% VAMOS 2.95 ▼ 4.22% SANB11 29.18 ▼ 0.31% ASAI3 8.09 ▼ 1.82% SBSP3 26.49 ▼ 1.49% WALMEX 48.15 ▼ 2.67% GMEXICO 224.98 ▲ 0.08% FEMSA 206.61 ▼ 1.45% CEMEX 19.59 ▲ 0.26% GFNORTE 199.53 ▼ 0.13% BIMBO 61.80 ▲ 1.06% TELEVISA 9.93 ▲ 1.43% AMX 20.51 ▲ 0.39% GAP 370.99 ▼ 2.70% ASUR 274.22 ▼ 0.89% OMA 232.42 ▼ 1.59% KOF 186.91 ▼ 1.16% GRUMA 254.93 ▲ 0.01% KIMBER 40.38 ▼ 0.93% SQM-B 66,872 ▲ 1.65% COPEC 6,200 ▲ 1.39% BSANTANDER 81.15 ▲ 1.24% FALABELLA 6,468 ▼ 0.02% ENELAM 87.57 ▲ 0.19% CENCOSUD 2,035 ▼ 0.74% CMPC 1,045 ▲ 1.45% BANCO CHILE 189.72 ▲ 0.57% LATAM AIR 24.98 ▼ 3.18% YPF 8,090 ▲ 4.05% GGAL 7,290 ▼ 0.34% PAMPA 5,240 ▲ 0.67% TXAR 745.50 ▲ 4.19% ALUAR 935.50 ▲ 0.11% TGS 9,275 ▲ 1.53% CEPU 2,180 ▼ 1.27% MIRGOR 1,600 ▼ 1.84% COME 42.30 ▲ 2.40% LOMA NEGRA 3,238 ▼ 0.84% BYMA 287.50 ▼ 1.20% TELECOM ARG 4,550 ▲ 3.88% ECOPETROL 17.27 ▲ 2.92% BANCOLOMBIA 91.62 ▲ 3.12% GRUPO AVAL 5.25 ▲ 3.75% CREDICORP 385.24 ▼ 0.44% SOUTHERN COPPER 201.10 ▲ 1.02% BUENAVENTURA 34.50 ▲ 1.02% MERCADOLIBRE 1,825 ▲ 0.24% NUBANK 13.96 ▲ 0.83% XP 16.25 ▲ 0.06% PAGSEGURO 9.15 ▲ 0.05% STONE 10.45 ▼ 1.46% GLOBANT 38.85 ▲ 3.88% TECNOGLASS 41.80 ▼ 5.30% GAP AIRPORT 217.05 ▼ 2.54% ASUR 274.22 ▼ 0.89% OMA AIRPORT 108.37 ▼ 1.87% AMX ADR 23.91 ▲ 0.65% FEMSA ADR 120.38 ▼ 1.70% CEMEX ADR 11.42 ▲ 0.75% PETROBRAS ADR 18.51 ▲ 3.03% VALE ADR 14.80 ▲ 0.58% ITAU ADR 7.90 ▼ 0.57% SANTANDER BR 5.78 ▼ 0.52% AMBEV ADR 2.95 ▼ 1.67% CSN 0.90 ▼ 2.91% GERDAU 4.95 ▲ 0.20% LATAM ADR 54.40 ▼ 4.10% BTC 63,841 ▼ 1.55% ETH 1,871 ▼ 1.98% SOL 75.81 ▼ 0.53% XRP 1.02 ▼ 1.15% BNB 599.70 ▼ 0.34% ADA 0.19 ▼ 0.74% DOGE 0.07 ▲ 0.54% AVAX 6.48 ▲ 0.98% LINK 8.21 ▲ 0.43% DOT 0.80 ▲ 0.33% LTC 45.10 ▼ 0.67% BCH 213.41 ▼ 0.52% TRX 0.33 ▲ 0.32% XLM 0.16 ▼ 0.13% HBAR 0.07 ▼ 1.11% NEAR 1.60 ▲ 0.30% ATOM 1.41 ▲ 2.47% AAVE 89.50 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Life & Society Real Estate

Leme: Rio de Janeiro’s Little Secret

By · September 20, 2011 · 3 min read

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By Michael DeLeo, Contributing Reporter

RIO DE JANEIRO, BRAZIL – Many come to Rio De Janeiro having never heard of Leme, but this small borough boasts the same beautiful beach as Copacabana and the same main drag of cyclists, skaters and runners. The only difference being the lack of congestion and tourism, which are the same reasons that keep this little piece of Rio a favorite getaway for locals.

The view from Leme spans the whole of Copacabana Beach, Rio de Janeiro, Brazil, News
The view from Leme spans the whole of Copacabana Beach, photo by Kim Dumo.
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At the end of Leme’s secluded beach you’ll find ‘Morro de Leme,’ a large mountain lined with a fisherman’s walk. This walkway is populated by local fishermen and provides the best view of Copacabana beach, hands down.

Walk a bit further and you’ll find another large mountain called ‘Morro do Urubus.’ In between the two mountains lies Forte do Leme (Forte Duque de Caixias) which was built in 1777 to protect Brazil from a Spanish invasion and now serves as a tourist attraction and a fantastic view point of the city.

One of Leme’s best assets is its peace and quiet, perfectly located away from the congested Tunel Engenheiro Coelho Cintra and nestled next to aforementioned Morro do Leme. This local area has no bus traffic and is set away from the bustling Avenue Princesa Isabel.

Another key element to Leme’s bliss is that it only stretches two blocks away from the beach, making the local population low. This may not attract your average tourist, thus the lack of large hotels lining the beach, but to most residents this tranquility is priceless.

Leme’s lack of square mileage does not squander the local nightlife. The quaint streets are dawned with the restaurants D’Amici for Italian food, a French restaurant San Sebastian, and a Spanish eatery named Shirly, amongst several others.

Morro do Leme in the evening, Rio de Janeiro, Brazil, News
Morro do Leme in the evening, photo by Jorge Lascar/Flickr Creative Commons License.

Visitors may have some trouble looking for post dinner entertainment since there is no cinema or theater. These flaws, however, could be viewed as positives since the lack of late night activity aids the quiet nights.

With all these positives Leme’s real estate prices are increasing, although remaining modest within some areas of the Rio De Janeiro market. A one-bedroom apartment will fetch R$1,600 to R$1,800 monthly rent, while a two-bedroom rent will cost you R$2,500 to R$3,000 (not including condo fees). Respectively, this is a R$300 and R$800 increase from our last report on Leme in January of this year.

Of course, beachfront apartments will cost much more, as much as R$7,000 for a two-bedroom. “Real estate prices are crazy right now,” explains Ana Toledo of Rio Apartment Rentals.

For those looking to buy, a recent search found one-bedrooms listed at R$320,00 and R$650,000, which is representative of the range increasing sharply. Two-bedrooms are listed from R$530,000 to R$1.3 million for the prized beachfront views.

Compare those prices to Ipanema and Copacabana and Leme seems like an easy decision, but be prepared to hoof it to Avenue Princesa Isabel for the closet bus stop. If you don’t commute often or don’t mind the walk then Leme is the place for you.

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