Monday, September 16, 2019

Leblon has the most expensive square meter on the Rio-São Paulo axis, but no better return

The neighborhood of Leblon, in the city of Rio de Janeiro, has the most expensive square meter for sale, however, does not offer the best return as an investment in the Rio-São Paulo axis, according to a survey done by the classified area of the free market. The properties in Leblon have an average price of R $20400 for the square meter and R $4200 for rent. However, the return to those who invested thinking of renting in the trendy neighborhood of Rio is at 3.1% per year, below, for example, the district of the Paulista Capital Indianópolis, where the return is in 9.6% on average, the highest identified by the research. The average price of the square meter in Indianópolis is lower: from R $10300 for purchase, with rent at R $6200.
O Estado de São Paulo - 15/09/2019 News Item translated automatically
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