By Michael DeLeo, Contributing Reporter
RIO DE JANEIRO, BRAZIL - When it comes to purchasing property, almost anywhere in the world the proximity to water heavily influences the value. Rio de Janeiro’s real estate values are no exception, especially for the coveted views of the long stretches of Zona Sul (South Zone) beachfront.
Move an inland two-bedroom condominium to the Copacabana beachfront and watch the value quadruple. Everyone wants to wake up in the morning with the cool breeze in their face, the ocean mist in their nose, all without having to sleep on the beach.
Flamengo beach is . . .
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