240 Rua Joao Borges, Other, 22451 — MLS photo

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240 Rua Joao Borges, Other, 22451

Active · SingleFamilyResidence

$5,799,900

240 Rua Joao Borges, Other, 22451

Beds
5
Baths
8
Living area
36,500 sq ft
$ / sq ft
$159/sq ft
Year built
1980
Lot size
—
HOA fee
—
Annual tax
$0

About this property

Extraordinary private estate located in Rio de Janeiro’s most prestigious South Zone, positioned on a legally established elevated plateau at approximately 200 meters above sea level. Due to current zoning and environmental regulations, developments of this nature and elevation are no longer permitted, making this residence a rare and non replicable exception. Set on an expansive land parcel of approximately 6 hectares with approximately 3,400 square meters of built area, the residence offers permanent panoramic views encompassing the Atlantic Ocean, Two Brothers Mountain, Atlantic Forest areas of the Botanical Garden, Christ the Redeemer, Vista Chinesa, and the city skyline. Originally developed in the 1980s and later renovated by architect Hélio Pelegrino, the home preserves its architectural essence while benefiting from structural upgrades from foundation to roof and reconfigured interior layouts. Authentic historical architectural elements sourced from the former Palácio Monroe, one of Brazil’s most significant historic landmarks and former seat of the Federal Senate, are integrated throughout the property. Every interior and exterior space offers a distinct visual experience, complete privacy, and seamless integration with nature. Additional highlights include extensive gardens, resort style pool area, multiple entertainment spaces, and rare helipad access, all within minutes of Rio’s finest schools, beaches, and cultural destinations.

Property location

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240 Rua Joao Borges, Other, 22451

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Facts & features

Interior

Bedrooms
5
Bathrooms
8
Living area
36,500 sq ft
Flooring
Marble, Other
Appliances
Dishwasher, Disposal, Gas Range, Microwave, Refrigerator, Washer
Cooling
Ceiling Fans, Electric
Heating
Other
Interior features
Built In Features, Bedroom On Main Level, Second Floor Entry, First Floor Entry, Third Floor Entry, Bar
Furnished
Negotiable

Exterior & Structure

Property type
SingleFamilyResidence
Year built
1980
Architectural style
Detached
Roof
Built Up, Concrete
Construction
Block
Exterior features
Barbecue, Fruit Trees, Outdoor Shower, Porch
Pool
In Ground, Pool
View
Garden, Ocean

Parking

Garage spaces
3
Covered spaces
12
Parking features
Attached, Circular Driveway, Covered, Detached Carport, Driveway, Garage

HOA, Community & Financials

Association fee
$0 Monthly
Security
Gated Community, Security Guard
Pets allowed
No, Yes
Annual tax
$0
Subdivision
Gavea
County
Other
Days on market
8
MLS listing ID
A11928243
Listing status
Active

Investment intelligence

Yield & ROI calculator

Pre-filled from this listing's price, HOA and tax record. Adjust anything to see returns update instantly.

Estimated monthly cash flow

$42,607

Cap rate
14.5%
Net yield
14.5%
Cash-on-cash return
31.5%
Gross yield
16.9%
Mortgage payment
$27,494/mo
Down payment
$1,449,975
Loan amount
$4,349,925
Annual NOI
$841,221

Estimates only — includes 5% maintenance reserve and ~3% closing costs in cash invested. Verify taxes, HOA and insurance before making an offer.