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By Jaylan Boyle, Senior Contributing Reporter

RIO DE JANEIRO, BRAZIL – Nowhere is this frenetic changing pace of real estate renewal more apparent than in middle-class neighborhood Botafogo, nestled at the bottom of the valley that has the Lagoa Rodrigo da Freitas at one end and Praia Botafogo at the other. Soaring prices have already put it out of reach for many, and at the same time, making it more attractive to the affluent.

For better or worse, Botafogo's geography gives the neighborhood a degree of isolation, located between several mountains separating it from Laranjeiras and Subscribe to our Premium Membership Plan. Already Subscribed?