![Photos show a 19 million reais “hanging mansion” in the Balneario Camboriu skyscraper. Photos show a 19 million reais “hanging mansion” in the Balneario Camboriu skyscraper.](https://beemagzine.com/wp-content/uploads/https://static.ndmais.com.br/2022/09/fg-tita-fachada-196-ef-800x466.jpg)
The new skyscraper in Balneario Camboriu, on Santa Catarina’s north coast, promises to have 240-meter-high “suspended mansions” facing one of Santa Catarina’s most famous beaches, Praia Central. These units can cost up to 19 million reais.
![Titanium Tower – Photo: FG Empreendimentos/Disclosure/ND](https://static.ndmais.com.br/2022/09/fg-tita-fachada-196-ef-800x466.jpg)
The Titanium Tower by FG Empreendimentos will have 57 floors and should be included in the ranking of the largest buildings in Brazil. The building will be built on the land where the Hotel Villa do Mar has been located for many years, on Avenida Atlantica, opposite Ilha das Cabras.
Luxury properties include apartments such as two-level suspended mansions and two-level penthouses ranging from 343.73 m² to 700 m². In addition, the enterprise will have more than two thousand square meters of space for recreation.
Check out the project “suspended mansion”:
hot market
The wave of property appreciation that has made Balneario Camboriú the number one most expensive square meter in Brazil, according to FipeZap, is justifying the city’s massive investment.
“Balneario Camboriu has already established itself as a profitable destination, not only due to its economic characteristics, but also due to such characteristics and indicators as education, security, sustainability and quality of life. Investors – regardless of the standard, who are looking for a new way of life or those who are looking for new products for application, are comparing returns, and it is noticeable that many are targeting real estate, with strong demand for projects in a factory or under construction. ,” explains economist Guilherme Alano.
For FG’s president, businessman Jean Graciola, construction projects alone recorded a 30% annual increase in construction costs, and beach extensions and new project announcements further increase this figure to a 70% increase. waterfront projects. “This year we will deliver the largest apartment building in Latin America, One Tower, and the market is already drawing a new steep curve. From the launch to the present, residential real estate has reached a level of over 200%, and investments have amounted to more than 1 billion reais,” he says.
Guilherme Alano also emphasizes that with the extension of the waterfront and the revitalization project to be signed by the renowned office of Indio da Costa, there is a trend towards a further increase in property prices. “Balneario Camboriu has entered the investors’ radar once and for all and the trend is to keep this position for the long term. In addition to this, according to the text approved by the Chamber of Casinos in Brazil, Santa Catarina will have the right to explore the casino, and due to the potential, tourism infrastructure and location, there is a high probability that it will be installed in Balneario. Camboriu. In this regard, the city and the northern coast of the state as a whole should be the direction of a large flow of investment in the coming years.
Source: Ndmais