Rio Prices May Double in 5 Years

By Sarah de Sainte Croix, Contributing Reporter

RIO DE JANEIRO - Despite the global economic crisis which paralyzed property markets in much of the rest of the world, Rio’s property market is booming. With the city playing host to both the 2014 World Cup and the 2016 Olympics the trend looks set to continue over the next five years, but according to Hakan Olsson from, property prices were on the rise well before the Olympic win was announced in October last year.

It is well documented that . . .

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