Brazilians bought more allotment land in 2020

For 2021, the goal is to increase sales by another 50%.

01/07/2021

In 2020, a year of heated real estate market, there was an increase in Brazil's demand for allotment land. As a result, the sales platform for this type of property 1M2 saw a 400% increase in the number of operations in the year and increased the number of Brazilian states where it has products available from 13 to 18. For 2021, the goal is to increase sales by another 50%.

According to company data, at least 15% of users who access the platform intend to buy a lot immediately, and 21% consider a purchase in the medium term. Over 60% look for housing property, while between 15% and 20% want to invest—another 12% target leisure development.

Source: Estadão

Read full story (in Portuguese).

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