IBOV 166,934.20 ▼ 0.10% IPSA 11,042.67 ▲ 0.39% IPC MEX 64,397.45 ▼ 0.66% MERVAL 2,947,349 ▼ 1.77% COLCAP 2,452.46 ▲ 0.84% BVL PERÚ 58,104.31 ▲ 0.40% USD/BRL5.21▼ 0.19% USD/MXN17.00▼ 0.11% USD/CLP914.45▼ 0.02% USD/COP3,131▼ 0.32% USD/PEN3.36▼ 0.23% USD/ARS1,488▼ 0.02% USD/UYU40.33— 0.00% USD/PYG5,984— 0.00% USD/BOB11.54— 0.00% USD/DOP58.31▼ 0.24% USD/CRC446.12— 0.00% USD/GTQ7.62— 0.00% USD/HNL26.79— 0.00% USD/NIO36.62— 0.00% USD/VES770.61▼ 0.13% USD/PAB1.00— 0.00% USD/BZD2.00— 0.00% USD/JMD 157.28 — 0.00% USD/TTD6.70— 0.00% EUR/BRL6.04▲ 0.74% 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 166,934.20 ▼ 0.10% IPSA 11,042.67 ▲ 0.39% IPC MEX 64,397.45 ▼ 0.66% MERVAL 2,947,349 ▼ 1.77% COLCAP 2,452.46 ▲ 0.84% BVL PERÚ 58,104.31 ▲ 0.40% 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 17, 2026

Life & Society Real Estate

Santa Teresa: Rio’s Vibrant Hilltop Neighborhood

By · April 28, 2018 · 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 Jack Arnhold, Contributing Reporter

RIO DE JANEIRO, BRAZIL – Named after an 18th century convent, Santa Teresa used to be home to some of the city’s richest families looking for a reprieve from the heat at the hilltop altitude. Today many are still drawn by the colonial architecture, stunning views, and winding cobbled streets that make this neighborhood unique.

Many grand properties in Santa Teresa were built in the late 19th century and early 20th century, inspired by the French architectural style; and while they vary in how well they’ve been preserved, their old-world grace gives the neighborhood an appealing charm, Rio de Janeiro, Brazil, Brazil News.
Many grand properties in Santa Teresa were built in the late 19th and early 20th century, inspired by the French architectural style; and while they vary in how well they’ve been preserved, their old-world grace gives the neighborhood an appealing charm, photo by Alexandre Macieira/Riotur.
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
17 years of Latin America reporting, on demand.
Open the full Ask Rio Times →

Attracting artists, intellectuals and musicians, who walk its winding hills in search of crumbling Gallic mansions and alternative living, Santa Teresa has recently earned the nickname the ‘Montmarte of Rio.’ So it’s no surprise that a large number of French expatriates come here to visit or to live.

Charlotte Brun, a French expatriate working for an NGO, commented that “It’s great to live here because there are always lots of events happening.” She also added that the neighborhood is “cheap, close to the city centre and has beautiful views.”

As is apt for a neighborhood with a long and storied history, the eating and drinking establishments of Santa Teresa also share in the place’s heritage.

Armazém São Thiago was originally opened in 1919 as a Spanish bodega (grocery store) but has since altered, though little in appearance, and now serves ice-cold chopp beer and excellent bar snacks, including stacked sandwiches and gourmet bolinhos (‘little balls’ usually made up of fried cod or beef).

Café do Alto is another local favorite, offering a buffet of typical north-eastern Brazilian food with plenty of vegetarian and vegan options. And for something a little more upmarket, there is Restaurante Aprazivel, a hidden treehouse-style restaurant with gourmet food and magical views of the city.

Photo Caption: Bars and restaurants in Santa Teresa are often unpretentious and good value for money, such as Bar Mineiro (pictured) and they are rewarded with a loyal clientèle, Brazil, Brazil News, Rio de Janeiro.
Bars and restaurants in Santa Teresa are often unpretentious and good value for money, such as Bar Mineiro (pictured) and they are rewarded with a loyal clientèle, photo by Alexandre Macieira/Riotur.

A truly one-of-a-kind establishment is Alda Maria Doces Portugueses, who proudly declare that they use 560 eggs daily to make Portuguese style custard tarts, cakes and other sweet delicacies, which are available to take away or eat in, surrounded by the beautiful décor of their 100-year-old house.

Getting around the steep hillside of Santa Teresa can be difficult, with many opting to use moto-taxis. The iconic yellow Bonde (tram) has been restored since its fatal accident in 2011. However, it now seems to serve as more of a tourist attraction than the necessary transport that it once was.

Santa Teresa’s real estate market is comparable to its neighbors Lapa and Glória. While its isolated position gives it a sense of tranquility and community, a lack of easy accessibility to public transport and close proximity to some favela communities on both sides has kept its property prices fairly low.

The average price to buy is around R$7,700 per square meter while the average price to rent is about R$22.85 per square meter. R$730,000 will be enough to get a three-bedroom 100m² apartment, with a balcony, situated on Rua Francisco Muratori. The apartment is located near to a bus stop and is around ten minutes walk to the nearest metro station, Cinelandia.

R$2,600 per month will secure a 148m² three-bedroom apartment with one parking space and all the usual amenities. The property is located on Rua Almirante Alexandrino, which is described as a quiet street, while the interior is described as having both great light and views of the city.

This article was produced by The Rio Times’ automated newsroom system. How we use AI · Report an error

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.