Carnaval is Past But The Party is Not Over!

Rio de Janeiro Real estate is booming!

 

 

 

 

 

 

Even though Carnaval’s unofficial ending was Sunday, the party continues for those lucky enough to be on vacation. The tourist industry in Rio has doubled over the past few years creating an almost battle for the prime locations during high season. Ten years ago my requests were 80% Copacabana versus 20% for Ipanema. Today, the reverse is true. The appreciation of real estate in Ipanema has many investors reaping great benefits. As we get closer to the World Cup in 2014 things are sure to heat up even more. Brazil has always been considered the country of the future, maybe her time has arrived!

~ by John Broom on September 20, 2015.