Rio de Janeiro Commercial Real Estate Prices Still Highest in Brazil

Rio tops Brazil for most expensive commercial real estate sale prices, averaging R$11,666 per square meter, while São Paulo leads the way with most expensive commercial lease prices at R$47 per square meter.

By Nelson Belen, Contributing Reporter

RIO DE JANEIRO, BRAZIL - According to the latest FipeZap Commercial Real Estate Index, in December 2016, Rio de Janeiro held the distinction as having Brazil's highest average price per square meter for commercial real estate sales at R$11,666.

According to FipeZap, commercial real estate sale prices were highest in Rio's upscale neighborhood of Leblon, topping the survey, and the country, with an average price per square meter for commercial space . . .

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