By Lisa Flueckiger, Contributing Reporter¨
RIO DE JANEIRO, BRAZIL - While the real estate market in Rio de Janeiro is slowing down and some neighborhoods see rents increasing below inflation or even falling, renting an apartment in Rio de Janeiro, especially in Zona Sul (South Zone), is still rather expensive. This week, we’ll give an overview to what a budget of R$3,000 (before condo fees and taxes) can rent in this city.
According to the Fipe-Zap index rents in Rio de Janeiro have overall increased by 2.3 percent in the last twelve months, with the index . . .