Price per m² in Praça da Bandeira, Rio de Janeiro (November 2026)
Apartment prices in Praça da Bandeira, Rio de Janeiro: R$ 5,778/m² (median of 131 audited listings, November 2026). Range, rent and a valuation of your property.
Apartment prices in Praça da Bandeira are 16% above the Rio de Janeiro median (R$ 5,000/m²). It is the 39th most expensive of 134 neighborhoods with a published number.
Bar: the neighborhood's middle range (blue), its median (blue mark) and the city median (gray mark).
For sale: price per m²
| Type | Median | Middle range (50%) | Listings |
|---|---|---|---|
| Apartment | R$ 5,778 | R$ 4,401 to R$ 7,610 | 131 |
| House | R$ 4,098 | R$ 3,014 to R$ 6,737 | 38 |
What changes your property's value
| Feature | How much it can move |
|---|---|
| Age and condition | from 0% (new) to over 40% of the building's share (needs major repairs) |
| Parking spaces | 1 space: +9%; 3 spaces: +29% over none |
| Floor, view and finish | vary within the same building |
| Street and block | within one neighborhood, the asking price per m² varies more than 2-fold |
The neighborhood median describes the typical property. Yours may be worth much more or much less: the valuation below uses your property's details. Sources: IBAPE/SP (Ross-Heidecke), CEF parking study.
What is your property worth here?
Market value report using the sales comparison method of Brazil's appraisal standard NBR 14653-2: the neighborhood's audited listings, adjusted for size, for the gap between asking and closing prices, and for YOUR property's details (age, condition and parking for houses and apartments; frontage, depth, corner and slope for land), with a central value, a range, every adjustment with its source and the list of comparables with links. For land marked on the map, the report also says what the zoning law lets you build. Delivered instantly, for R$ 49.00. See a sample report.
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Latest data collection: Nov 1, 2026.