In this smart residential building in the heart of Ipanema, owners rent out their units by the night, week, or month. Two blocks from the beach and steps away from Ipanema's best bars, restaurants, and shops, the location cannot be beat. Rooms are well equipped and tastefully appointed, and the lobby's design—comfy sofas, framed modern art on the walls, and gleaming white walls and floors—deliberately appeals to a young, fashionable clientele. Each unit has a living room and a kitchen (there's a grocery store across the street), and some units have a television, a DVD player, and an Internet connection. The building has a small swimming pool and small exercise room.