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By Doug Gray, Senior Contributing Reporter

RIO DE JANEIRO – Returning to our regular look at housing prices across different neighborhoods in Rio we offer a glimpse at five examples for R$700,000. Please keep in mind this information does not include the monthly condo fee ("condomínio") and property tax ("IPTU").

What not long ago would have bought you some of the best real estate in town now seems like a relatively trifling amount as prices continue to soar, but buyers can certainly expect to find some excellent properties in this bracket. (All prices are compiled from

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