Parque Studios
Luxury Studios for Sale in Ipanema: Prime Investment Property in Rio de Janeiro
Prime Location and Sophisticated Urban Living in Rio de Janeiro. Parque Studios Balassiano represents the pinnacle of convenience and urban sophistication in the South Zone of Rio de Janeiro. Strategically located at the coveted address of Rua Visconde de Pirajá, 640, it sits precisely on the border where the elegance of Ipanema meets the charm of Leblon. Positioned directly across from the newly revitalized Jardim de Alah Park and just steps from the beach and subway station, this development combines signature timeless architecture with a beachside, cosmopolitan lifestyle. Offering studios, lofts, double suites, and functional penthouses ranging from 35 m² to 66 m² (376 ft² to 710 ft²), the project was meticulously designed to cater both to those seeking a modern, central retreat and to visionary real estate investors looking for high-demand, high-liquidity assets.
World-Class Amenities: Rooftop, Wellness, and Coworking: Designed to provide a complete experience of well-being, relaxation, and health, the condominium features an exclusive panoramic rooftop with sweeping views of the lush green park and the ocean. The rooftop includes a swimming pool, wet deck/solarium, jacuzzi, sauna, and a sophisticated lounge with a gourmet space. To keep up with workout routines without leaving home, Parque Studios offers a fully equipped fitness center featuring top-tier exercise equipment. Additionally, the project includes a modern coworking space designed for remote work and comfortable home office hours with full infrastructure.
Smart Building Features and Modern Convenience: Tailored to the demands of contemporary living, the project integrates smart technology and operational facilities that optimize daily routines and reduce maintenance costs. Residents and guests enjoy a grand entrance lobby with 24-hour concierge service, a 24/7 Mini Market (grab & go), an automated OMO self-service laundry, a delivery space with luggage storage, and a bike rack equipped with an air compressor and EV charging outlets. Individual units feature electronic door locks, infrastructure for split air conditioning, architecture that maximizes natural light and ventilation, and a backup power generator for common areas.
Vacation Rental Potential and Investor Returns: Investing in Parque Studios guarantees a high-yield real estate asset with zero hassle: the entire short-term rental process is managed 100% digitally and transparently. Property owners can track occupancy rates, booking calendars, and payouts directly from their smartphones, while professional management handles everything else — from dynamic pricing strategies and listings on top global platforms to check-in/check-out, cleaning, maintenance, and guest support. After deducting all operating costs (management fees, OTA platform fees, HOA fees, property taxes, and utility bills), the estimated net profit delivered directly to the owner reaches R$ 13.972,45 per month ( aprox. 2,745 USD/ 2,404 EUR). Based on a benchmark scenario of 85% occupancy and an average daily rate of R$ 810.00). This represents an estimated net Dividend Yield of 0.92% per month, offering returns far superior to traditional long-term residential leasing and real estate investment trusts (REITs).
Studios for Sale in Ipanema from 35m²(376,737ft²) to 66m²(710,418ft²)
Live at Rio de Janeiro's most iconic address. A full-featured rooftop with views of the sea and the Lagoon.
Infrastructure for smart rentals and flexible living.
Location:
Rua Visconde de Pirajá 640
With a highly privileged location at Rua Visconde de Pirajá, 640, Parque Studios is situated in the heart of Ipanema, just steps away from Leblon and Jardim de Alah. Located within short walking distance of both Ipanema Beach and Leblon Beach, this prime development offers immediate access to an exclusive network of high-end amenities. The property is surrounded by Rio de Janeiro's top-tier gastronomy (including Babbo Osteria, Pobre Juan, Gurumê, Bracarense, and Talho Ipanema), luxury shopping centers such as Shopping Leblon and Rio Design Leblon, as well as Zona Sul gourmet supermarkets, Bodytech fitness centers, and subway stations. Positioned strategically between the Atlantic Ocean and Lagoa Rodrigo de Freitas, this unbeatable location ensures continuous real estate appreciation and maximum demand for vacation rentals and short-term stay investments in Rio de Janeiro.
🔹 TECHNICAL DATA SHEET – PARQUE STUDIOS
Location: 640 Visconde de Pirajá Street – Ipanema
Positioning: On the border between Ipanema and Leblon, next to Jardim de Alah Park
Land Area: 380.40 m² (4,094.6 sq ft)
Number of Floors: 14
Development Type: Residential approved for short-term rentals
Total Units: 2 Retail Stores + 67 Apartments
Unit Types and Sizes:
Retail Stores: 95 m² to 109 m² (1,022.6 sq ft to 1,173.3 sq ft)
Studios and Lofts: 35 m² to 40 m² (376.7 sq ft to 430.5 sq ft)
Double Studios: 55 m² to 59 m² (592.0 sq ft to 635.1 sq ft)
Penthouses: 66 m² (710.4 sq ft)
Project and Architecture:
Facade Project: Plano 8
Interior Design (Common Areas): PKB Arquitetura
🔹 Unit Highlights
Electronic smart lock on apartment entry doors
Countertop setup for 2-burner electric cooktop
Infrastructure for split air conditioning installation
Gourmet kit (countertop, BBQ grill, and pool) for penthouses
Cabling infrastructure for internet, cable TV, and telephone
Ideal for residential living, short stays, or real estate investment
🔹 Amenities & Common Areas
Rooftop with view of Lagoa Rodrigo de Freitas and the Christ the Redeemer statue
Swimming pool and Solarium
Jacuzzi and Sauna
Panoramic gym on the 1st floor
Multipurpose Space, Workstation, and Terrace
Mini Market
Delivery Hub
Bike rack equipped with air compressor and charging outlet for electric bikes
Self-service Laundry Room
🔹 Finishes & Concept
Inspiring concept bridging sea, city, lagoon, and park ("Living In-Between")
Essentially Authentic Carioca design balancing contemporary style and nature
Facade featuring three distinct architectural sections, traditional regional pilotis with hammered metal ceiling
Fully enclosed, air-conditioned common areas, delivered completely furnished and decorated
Intelligently designed spaces integrating living, working, and leisure
🔹 Infrastructure & Technology
Visitor/guest registration and access control system via mobile app
24/7 On-site Front Desk / Concierge for registration and guest support
Digital Security System (CCTV) in elevator halls and corridors
Reinforced security system with emergency panic button (SOS button at the pool) and smoke detection
Fire suppression system equipped with sprinklers
Backup power generator for essential condominium operations
Full accessibility across all environments
Sustainability: High-performance window frames for thermal and acoustic comfort, LED lighting with motion sensors, individual water meters, and dual-flush toilets
Professional short-term rental management (Lobie)
🔹 Location Highlights
640 Visconde de Pirajá Street – Ipanema
Located right at the meeting point between Ipanema and Leblon
Next to Jardim de Alah Park and its urban revitalization project
A few minutes' walk from Ipanema Beach, Leblon Beach, and Lagoa Rodrigo de Freitas
Close to subway stations, top culinary hubs, boutiques, supermarkets, and premium Zona Sul conveniences
Average values:
502 - Studio with 36 m² (387.5 sq ft) for R$ 1,544,000.00 / USD $ 302,450.00 / EUR € 264,950.00
101 - Studio with 55 m² (592.0 sq ft) for R$ 2,091,000.00 / USD $ 409,600.00 / EUR € 358,820.00
705 - Studio with 40 m² (430.5 sq ft) for R$ 1,761,000.00 / USD $ 344,950.00 / EUR € 302,190.00
1005 - Studio with 40 m² (430.5 sq ft) for R$ 2,144,000.00 / USD $ 420,000.00 / EUR € 367,910.00
Retail Store A - With 109 m² (1,173.3 sq ft) for R$ 4,920,000.00 / USD $ 963,750.00 / EUR € 844,270.00
*Payment terms: 8% down payment, 25% paid in installments during construction, and 65% can be financed or paid in full upon delivery.
Floor Plans
36m2 (387.5 ft²)
40m2 (430.5 ft²)
55m2 (592 ft²)
Questions:
Where is Parque Studios located? Parque Studios is located at Rua Visconde de Pirajá, 640 – Ipanema. It is positioned directly at the intersection between Ipanema and Leblon, adjacent to Jardim de Alah Park and just minutes away from the beach and Rodrigo de Freitas Lagoon.
What are the main leisure and building amenities at Parque Studios? The development features a panoramic rooftop terrace with views of Christ the Redeemer and the Lagoon, a swimming pool, sun deck, jacuzzi, sauna, 1st-floor gym, workstation/coworking space, mini market, delivery hub, shared laundry room, and bike storage with electric bike charging.
What safety and technology features does the building offer? The property includes electronic smart locks for units, app-based access control, 24/7 front desk concierge service, CCTV digital monitoring, an SOS panic button by the pool, backup power generator for emergencies, and high-speed internet in common areas.
Does the building allow short-term vacation rentals like Airbnb? Yes, Parque Studios is a residential development specifically designed and approved with short-term vacation rental permission. It even features professional rental management to optimize yields for owners.
What is the estimated rental income for short-term rentals at Parque Studios?
The estimated net income for short-stay rentals can reach approximately R$ 14,000.00 BRL per month (around $ 2,540.00 USD or € 2,330.00 EUR), based on an average occupancy rate of 85%. Strong tourist and business demand in the Ipanema and Leblon area drives these strong financial results.
Is financing available for purchasing a unit at Parque Studios?
Yes. Investors can finance up to 65% of the property value upon delivery of the keys. The remaining balance is paid during the construction period directly with the developer through flexible payment terms.
The Authentic Rio Lifestyle: Between the Ocean, the Lagoon, and the Park: Parque Studios introduces the innovative concept of "Living Between" ("Viver Entre"): situated exactly where the energy of the ocean meets the tranquility of nature. Positioned on the border between Ipanema and Leblon, right next to Jardim de Alah Park, this development embodies the authentic charm of Rio de Janeiro. Here, residents and guests experience an inspiring lifestyle — whether starting the day with a stroll toward Ipanema Beach or Rodrigo de Freitas Lagoon, exercising outdoors, or enjoying the sunset directly from the panoramic rooftop terrace overlooking Christ the Redeemer. It is the perfect fusion between contemporary architecture and the relaxed atmosphere of Rio's iconic South Zone.
Complete Mobility and Sustainable Convenience: Designed for modern living, Parque Studios offers a strategic location at Rua Visconde de Pirajá, 640, making the entire neighborhood walkable. With direct access to bike lanes, subway stations, gourmet supermarkets, and eco-friendly transport, commuting is fast, sustainable, and completely car-free. The building reinforces this convenience by providing a bike storage facility equipped with an air compressor and charging outlets for e-bikes, alongside smart infrastructure like a delivery hub, on-site mini market, workstation/coworking space, and app-based access management.
Gastronomy, Convenience, and Leisure at Your Doorstep: Living at Parque Studios means having the finest dining options of Ipanema and Leblon right outside your door. From fine dining restaurants to charming bistros and vibrant bars, the area attracts an international, cosmopolitan crowd year-round. Inside the building, the wellness experience continues with top-tier leisure facilities: swimming pool, sun deck, jacuzzi, sauna, and a panoramic gym on the 1st floor. Whether for living, short-term vacation stays, or high-yield real estate investment, Parque Studios is the ultimate address for comfort, efficiency, and a year-round vacation lifestyle.
