How much does it Cost to Build a Home in Rio de Janeiro on the Beach? (Aug 2011)
Vacant Beachfront Property in Saquarema
in Rio de Janeiro State, Brazil
If I bought land in Rio de Janeiro, how much would it cost to build a house?
Buying vacant land on one of the beaches in the city of Rio de Janeiro is impossible, as there is none left! You can however, purchase ocean front land further up the coast in Rio state, in places like Cabo Frio or Saquarema. There is still vacant ocean front land down the coast in Angra dos Reis or Paraty, but that will be pretty expensive.
Building costs for new construction averages between R$750 to R$1,500 per square meter (1 square meter = 10.76 square feet), and will depend on the quality of materials used and the labor you hire. Visit our Brazil Currency page for the latest exchange rates.
Given the abundance or natural resources, the cost of materials such as tile, brick and granite are much less than in the USA. You will want to hire a first quality builder or subcontractors, as you get what you pay for in Brazil...!
A better option that building on vacant land, might be to purchase an existing house and reforming it (reformada). This will give you an introduction to the choppy waters that is the Brazilian construction industry. You could then sell the property , perhaps for a profit, and then buy land and build a new home.
If you are thinking about living in one of Rio de Janeiro's beach neighborhoods such as Copacabana or Ipanema, you'd be looking at buying an apartment and most likely reforming it. Most apartment Buildings in Ipanema and Copacabana were built in the 1970s or earlier. Hakan Olsson at RioApartments.com offers foreigners assistance for buying and reforming apartments in Rio.
Good luck with your venture,
The Editors of Rio de Janeiro Travel Information
Click here to post comments
Join in and write your own page! It's easy to do. How? Simply click here to return to Questions About Rio de Janeiro.