{"id":74795,"date":"2021-12-14T07:00:24","date_gmt":"2021-12-14T06:00:24","guid":{"rendered":"https:\/\/test2023.luxus-plus.com\/?p=74795"},"modified":"2025-01-21T00:41:40","modified_gmt":"2025-01-20T23:41:40","slug":"luxury-apartments-break-records-in-sao-paulo","status":"publish","type":"post","link":"https:\/\/luxus-plus.com\/en\/luxury-apartments-break-records-in-sao-paulo\/","title":{"rendered":"Luxury apartments break records in S\u00e3o Paulo"},"content":{"rendered":"<h4>The luxury and ultra-luxury segment in S\u00e3o Paulo exploded from January to September 2021, totaling a sale of 4,217 properties, according to a survey by Brain Consulting, a consulting firm specializing in the real estate market.<\/h4>\n<p><!--more--><\/p>\n<p>&nbsp;<\/p>\n<p>Luxury apartments are increasingly appealing to Brazilians, especially in <strong>S\u00e3o Paulo<\/strong>. In the first nine months of 2021, no less than 4,217 residences were acquired by the wealthy population. This represents an increase of 129% compared to the same period last year.<\/p>\n<p>&nbsp;<\/p>\n<p>In S\u00e3o Paulo, the so-called <strong>luxury properties are those worth more than 1 million real (\u20ac156,000), while the ultra-luxury corresponds to an amount of more than 2 million real (\u20ac313,000)<\/strong>. These luxury apartments would be accessible to about 5% of the Brazilian population, with only 1% able to afford ultra-luxury.<\/p>\n<p>&nbsp;<\/p>\n<p>The overall sales value of these luxury properties reached <strong>R$9.4 billion<\/strong> (nearly \u20ac1.5 billion) through September, almost doubling the value of the same period last year.<\/p>\n<p>&nbsp;<\/p>\n<p>However, the most sought-after apartments among S\u00e3o Paulo millionaires cost an average of R$5.1 million, or R$21.7 thousand per square meter, <strong>Brain Consulting<\/strong> points out. The average size of these properties exceeds 200 square meters. In the city&#8217;s most expensive apartments, however, the square meter is worth R$63,000.<\/p>\n<p>&nbsp;<\/p>\n<p>T<strong>he strong growth of this segment of the luxury market would be a direct consequence of the pandemic<\/strong>, which has pushed families to seek larger living spaces. In addition, in 2020, the interest rate reached an all-time low, forcing wealthier families to rethink their investments, which led many people to buy a new property.<\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<p>Read also &gt; <a href=\"https:\/\/luxus-plus.com\/en\/parisian-luxury-real-estate-in-great-shape-in-2021\/\">PARISIAN LUXURY REAL ESTATE IN GREAT SHAPE IN 2021<\/a><\/p>\n<p>&nbsp;<\/p>\n<p>Featured photo : \u00a9 Getty Images<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The luxury and ultra-luxury segment in S\u00e3o Paulo exploded from January to September 2021, totaling a sale of 4,217 properties, according to a survey by Brain Consulting, a consulting firm specializing in the real estate market.<\/p>\n","protected":false},"author":256,"featured_media":74797,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_seopress_titles_title":"%%post_title%% %%sep%% %%sitetitle%%","_seopress_titles_desc":"The luxury and ultra-luxury segment in S\u00e3o Paulo exploded from January to September 2021, totaling a sale of 4,217 properties.","_seopress_robots_index":"","_seopress_robots_follow":"","_seopress_robots_imageindex":"","_seopress_robots_snippet":"","_seopress_robots_primary_cat":"none","_seopress_robots_breadcrumbs":"","_seopress_robots_freeze_modified_date":"","_seopress_robots_custom_modified_date":"","_seopress_robots_canonical":"","_seopress_social_fb_title":"","_seopress_social_fb_desc":"","_seopress_social_fb_img":"","_seopress_social_fb_img_attachment_id":0,"_seopress_social_fb_img_width":0,"_seopress_social_fb_img_height":0,"_seopress_social_twitter_title":"","_seopress_social_twitter_desc":"","_seopress_social_twitter_img":"","_seopress_social_twitter_img_attachment_id":0,"_seopress_social_twitter_img_width":0,"_seopress_social_twitter_img_height":0,"_seopress_redirections_value":"","_seopress_redirections_enabled":"","_seopress_redirections_enabled_regex":"","_seopress_redirections_logged_status":"both","_seopress_redirections_param":"","_seopress_redirections_type":301,"_seopress_analysis_target_kw":"real estate,luxury,luxury real estate,S\u00e3o Paulo,Brazil,apartment,home,real","footnotes":""},"categories":[24],"tags":[23774,22394,23812,23017],"class_list":["post-74795","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business","tag-brazil","tag-focus-en","tag-latam-en","tag-prestige-real-estate"],"_links":{"self":[{"href":"https:\/\/luxus-plus.com\/en\/wp-json\/wp\/v2\/posts\/74795","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/luxus-plus.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/luxus-plus.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/luxus-plus.com\/en\/wp-json\/wp\/v2\/users\/256"}],"replies":[{"embeddable":true,"href":"https:\/\/luxus-plus.com\/en\/wp-json\/wp\/v2\/comments?post=74795"}],"version-history":[{"count":0,"href":"https:\/\/luxus-plus.com\/en\/wp-json\/wp\/v2\/posts\/74795\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/luxus-plus.com\/en\/wp-json\/wp\/v2\/media\/74797"}],"wp:attachment":[{"href":"https:\/\/luxus-plus.com\/en\/wp-json\/wp\/v2\/media?parent=74795"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/luxus-plus.com\/en\/wp-json\/wp\/v2\/categories?post=74795"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/luxus-plus.com\/en\/wp-json\/wp\/v2\/tags?post=74795"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}