SiiLA’s monitoring includes all multifamily developments in Brazil designed as income-generating residential properties managed under a single operator, ensuring unit standardization, consistent building amenities, and professional management — factors that increase the segment’s attractiveness for institutional investors.

Beyond the numbers, multifamily has also been gaining greater visibility. On SiiLA’s YouTube channel, viewers can take a tour of a high-end multifamily development. The topic was also featured in a recent episode of the SiiLA Podcast, where industry experts discussed the challenges and opportunities shaping this expanding market.

In addition to steady market growth, the multifamily segment has also been shaped by political decisions in the first half of the year.

In April, the city of Rio de Janeiro approved a bill regulating short-term rental and hosting services—a topic covered in REsource at the time. Now, another capital city is also targeting short-stay models, this time with direct implications for property owners.

Decree No. 64,244, published in May 2025, prohibits short-term rentals in properties designated as affordable housing. Units built for this purpose and used to generate income must now be dedicated exclusively to traditional residential use.

The measure benefits the professional multifamily market, as real estate funds and institutional investors typically comply strictly with legal asset uses, avoiding practices such as misuse of purpose and housing fraud.

Want to dive deeper into Brazil’s multifamily market?

Detailed insights — including unit specifications, rental values, and amenity breakdowns — are available exclusively through SiiLA’s Market Analytics. To learn more, schedule a personalized presentation with our team at siila.com.br/produtos or contact us at contato@siila.com.br.