Google Nexus 4 goes on sale in Brazil for R$ 1,699

Google has launched the Nexus 4 smartphone in Brazil. The phone will be sold through Fast Shop and Ponto Frio, unlocked.

Unfortunately, there is no option to purchase the phone through the Google Play Store in Brazil. What's worse is that the phone is priced at R$ 1,699, which is roughly equivalent to US $844, significantly more than the $349 price in the US Play Store.
Still, if you wanted to purchase the phone through official channels, you at least have an option now. Not sure how many people would be interested at that price, though.
Note: The source link says US $1,699 but that's just a translation error.