“God created the world in six days and on the seventh day, he created Rio de Janeiro” Brazilians sayings
Rio is an awe-inspiring city where impossibly steep granite mountains rise from the ocean between glorious stretches of golden sand. Brash skyscrapers vie for space with impeccable colonial buildings, and lush forests tumble down hillsides into densely populated residential areas.
Its diverse cultures and people live in varying degrees of wealth or poverty. Rich exclusive areas stand in stark contrast and close proximity to the slum areas or favelas. But no matter what their background or economic standing, the Rio's residents are characterized by a passion and enthusiasm for life.
The cidade maravilhosa (marvelous city) revels in life, with the beach, football, samba and Carnival the principal diversions. High above all this fun and frivolity are Rio's ever-present landmarks - the statue of Christ the Redeemer on the summit of Hunchback Mountain and Sugarloaf with its historic cable car.
As well as these twin icons, Rio boasts a wealth of attractions and activities, plus great food, music and entertainment - enough to keep a visitor busy for any length of stay.A natural port of the Guanabara Bay in southeast Brazil, the city was founded by the Portuguese on 1 January 1502. They named it Rio de Janeiro (River of January), under the mistaken impression that it was an enormous river mouth. Since then, it has grown to a city of over 6 million people, with a further 5 million in the greater metropolitan area.
Migrants find that the city has more than its fair share of social problems. Attempts have been made to curtail crime, but visitors should remain alert to petty thieves.
In the 1960's, the capital was moved from Rio to Brasilia, in an effort to decentralize the power found in Rio. All the jobs associated with such political power transferred to the interior of the country. This, along with a slowing economy and increased economic pressure from Sao Paulo, Rio is trying to redefine its role in the Brazilian economy.
Beachfront property in Rio de Janeiro is by far the most popular investment and give very good rental returns of 8-10% per annum. There is a developed Brazil property market and properties in Rio de Janeiro offer beachfront property in Copacabana beach and Ipanema beach. Property in Ipanema offers stunning views to the Atlantic Ocean. Rio is visited by millions of international tourists land here each year, making the buy to let property in Brazil investments very realistic indeed.
From a record low in 2002, the Brazilian Real has doubled in value against the US Dollar and rallied against other world currencies, so the country is not as cheap as it used to be. However, Brazil is still affordable and gaining in popularity - 2007 saw a 15% increase in visitors, mainly headed for Rio. With Brazil set to host the FIFA World Cup in 2014, that trend is likely to continue.
In Rio's summer (December to February), temperatures regularly reach 40ºC (104ºF) or more. When the heat is on, tourists should follow the Brazilian example and hit the beach rather than rush around. These months are also peak season - not only are international flights more expensive, but domestic travel and hotels are charged at a premium and get booked up quickly.
