after a sustained period of economic growth throughout brazil, in recent years the housing market in rio de janeiro has boomed.

a substantially expanded middle class, paired with a renewed demand from foreign investors, has both increased the economic growth and generated more demand for high-level real estate prosperities.

in fact, in addition to the real-estate demand resulting from foreign corporations establishing offices in rio de janeiro, new financing programs made available to the local population resulted in unprecedented valorization of both commercial and residential properties.