Luggo Mansões and Paraíso da Vila 11: Successful Multifamily Examples in Brazil

Multifamily is a new concept that is gaining popularity in Brazil. These income-generating residences are becoming coveted assets and are already present in investment funds and portfolios. The growing presence of these investments in both the market and the media raises curiosity: what are they? How do they work? Where are they located?

Like corporate buildings, multifamily developments have amenities ranging from central air conditioning to rooftop restaurants. Additionally, they can earn sustainability certifications, just like their corporate counterparts.

Luggo Mansões, for example, is a middle-class multifamily property located in Campinas. It offers furnished units, shared laundry, shared car services, a 24-hour market, a bar, coworking space, self-storage, a gym, and more.

In São Paulo, these developments can be found in various regions, from areas close to business centers like Vila Olímpia and Pinheiros to more bohemian areas like Vila Mariana and Bela Vista.

Paraíso da Vila 11 is an example of a multifamily property located in the Bela Vista region, near Avenida Paulista, Ibirapuera Park, and Avenida 23 de Maio. Featuring custom-designed furniture, this asset is owned by Vila 11 Administração de Vilas.

• Read more: Understanding the Concepts of Short, Mid, and Long Stay in Multifamily