Property prices skyrocket in Ipanema
According to destakjornal , the prices of property in Ipanema have increased by 78% between 2009 and 2010. The district now has the highest price per square meter in RJ, at 13,500 reals, compared to 12,900 reals in Leblon, the second highest, and which is adjacent to Ipanema.
Other areas that border with Ipanema have the following prices:
Lagoa - 10400 reals psqm.
Gavea - 9100 reals psqm.
Jardim Botanico - 8700 reals psqm
A 100 square meter apartment now costs over 1 million reals in Ipanema or Leblon.
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