‘Dubai of Brazil’ boasts some of the most expensive real estate

Brazil: When one thinks of luxurious real estate in Brazil, the mind often drifts to the sun-kissed beaches of Rio de Janeiro or the opulent apartment towers in Sao Paulo. However, an unexpected contender has emerged – the small town of Balneario Camboriu, often hailed as the Dubai Brasileira or “Dubai of Brazil.”

Over the past 50 years, this town, once a humble fishing village, has undergone a remarkable transformation into a real estate experiment, showcasing what can happen when private developers are given considerable freedom. Home to approximately 150,000 residents, Balneario Camboriu has become the canvas for architectural ambition.

Remarkably, seven out of Brazil’s ten tallest buildings have sprouted in this coastal town, boasting the distinction of housing the tallest residential tower in all of Latin America. The appeal extends beyond towering structures; notable personalities like Brazilian soccer sensation Neymar and affluent families, whose wealth stems from industries and agriculture, have invested in these upscale properties.

The outcome is a city that has carved a niche as a preferred holiday destination. Its allure lies in panoramic views, secure streets, and relative prosperity – a noteworthy contrast to Brazil’s broader challenges of crime and poverty. Balneario Camboriu has become a sanctuary for those seeking a respite, offering a unique blend of opulence and tranquility.

This unexpected real estate phenomenon in Balneario Camboriu is a testament to the power of private development and the ability of a small town to redefine itself against conventional expectations.

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Dubai of Brazil is about Dubai of Brazil