I found this place when I first moved to Ipanema and was exploring the area. It's tucked inside one of those small commercial malls that are often times a hit or miss (sometimes you find cool stores other times it's not very interesting). This mall had some good finds (this store, a beer store, a cool t-shirt store and a papel craft).
It has a great collection of Asian collectibles, from classic wooden Buddha statues to intricate hanging lanterns, to reflective hand made jewelry.
There's always something within your budget, from really reasonably priced placemats or coin purses to more expensive wooden furniture like an old fashioned school desk (R$2000) or curio cabinet.
There are a lot of beautiful wood crafted furniture items and even natural wood items. We decided on a wooden chair that folds out to a step ladder. For the larger items they ship within the area for free. We got ours delivered the next day. read more