PRICE OF METRO TICKET GOES UP IN APRIL

The price of a subway ticket (known as Metro in Rio) will rise from R$ 2,80 to R$ 3,10 as from April 2011; an increase of 9,7%. Last year, since the inflation index was negative, the price was not adjusted. In 2008, the ticket cost R$ 2,60. This price increase was included in the contract signed with Metrô Rio, the company that runs Rio´s subway system.

IPANEMA HAS MOST EXPENSIVE SQUARE METER IN RIO

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.

PRICES OF APARTMENTS IN RIO DE JANEIRO (DECEMBER 2010)

AVERAGE PRICES BY DISTRICT:

COPACABANA:

1 BEDROOM APART: R 1600

2 BEDROOM APART: R2600

3 BEDROOM APART: R3000

IPANEMA:

1 BEDROOM APART: R 1700

2 BEDROOM APART: R3450

3 BEDROOM APART: R6990

LEBLON:

1 BEDROOM APART: R 3230

2 BEDROOM APART: R4480

3 BEDROOM APART: R7325

CENTRO:

1 BEDROOM APART: R 600

2 BEDROOM APART: R800

3 BEDROOM APART: R1500