Real Estate Market Continues to Rise

The real estate market continued to expand in 2021 and is expected to close the year with a General Sales Value (GSV) of R$99 billion, representing a 12% increase compared to the previous year.
Evidence of this growth is visible across the country, with construction sites operating at full capacity.
“Construction activities have resumed, and the industry, which was already booming before the pandemic, has returned with strong results,” says Breno Peixoto, director of Nazca.

One important trend highlighted within the real estate sector is the shift in how people view their living and working spaces, a change accelerated by the pandemic.
“Many people, after spending extended time at home, redefined their relationship with their environments. They are now seeking larger spaces, home office areas, and leisure spaces — all in one place, with quality — which has contributed to the surge in sales, particularly in the luxury market,” Peixoto explains.
Among Nazca’s current projects, Breno highlights Reserva Vitória, located in Enseada do Suá, where 70% of the units have already been sold, and Ventanas Praia do Canto, another high-end development in a prestigious neighborhood, with 65% of units sold.
“These are developments launched this year in prime locations, and they have already reached impressive sales figures,” he notes.
Looking ahead, Nazca is also preparing for new launches in Praia do Canto, Mata da Praia, and Enseada do Suá, continuing to strengthen its portfolio in Vitória’s most sought-after areas.