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RIO DE JANEIRO, BRAZIL - The Brazilian luxury real estate market has some peculiar characteristics. It is independent of the country's growth and, from time to time, shows sharp growth - even if economic indicators are in the opposite direction. This is seen at the moment.

A few days ago, Coelho da Fonseca, one of the main real estate agents in this segment, sold a 900 square meter apartment in the Jardins neighborhood, in São . . .

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