Underlying Project Overview
BRAVIVA 25.03 is a premium residential redevelopment project in Ipanema, one of Rio de Janeiro’s most prestigious neighbourhoods. Located on a quiet residential side street, the property is just 250 metres from the Lagoa Rodrigo de Freitas and 400 metres from the iconic Ipanema Beach. Luxury retail, dining and cultural offerings are only steps away.
The project involves the acquisition and demolition of an outdated four-storey residential building. It will be replaced by a new nine-storey boutique development featuring seven full floors with two units each (approx. 75 sqm), and a two-level luxury penthouse (Cobertura) with private rooftop terrace and pool, designed to appeal to affluent local and international buyers.
The zoning extension has already been secured under BRAVIVA’s Centro Revitalisation Program, allowing additional construction rights in central and high-demand urban areas.
Project Highlights
Prime Ipanema location, 250 m from the lagoon and 400 m from the beach
Quiet residential street with access to upscale lifestyle infrastructure
14 residential units (approx. 75 sqm) plus 1 luxury penthouse (approx. 160 sqm plus rooftop)
Boutique architecture over nine levels with underground parking
Rooftop terrace and pool with panoramic views
Planning permission secured via urban revitalisation quota
Development by BRAVIVA Development (Brazil), AUTARION Group (Switzerland)
Transaction Structure
The initial investment round of EUR 3.0 million is structured as a secured private debt facility to finance property acquisition, architectural planning and early-stage preparation.
As in other BRAVIVA projects, the main construction phase will be financed via regulated pre-sales and short-term construction loans from Brazilian banks, a proven model in local real estate finance offering high liquidity and deal security.
Key Terms (Overview)
Instrument: Private bond (ISIN tbd)
Total Volume: EUR 3,000,000 (single tranche)
Coupon: 12.0% p.a. (annual interest payment)
Equity Kicker: 20% hurdle
Term: 18 months (18 March 2026 – 17 September 2027)
Minimum Investment: EUR 100,000
Security: First-rank land charge (Grundschuld)