- Bedrooms: 1
- Bathrooms: 1
- Parking: 1
- Size: 50.94 m²
- Price: R$769,950
Off-plan apartment in Otelo Residence, by Optima Empreendimentos, on Rua Biguaçu, in the Bairro dos Municípios district of Balneário Camboriú. Completion is scheduled for July 2028 (development registration no. 9-37.523).
The advertised price of R$ 769,949.70 is for unit 605 in Tower A on the September 2026 price list: 50.94 m² of private area, with one bedroom, one bathroom and one parking space, and a balcony with a barbecue. There are other units of the same type on other floors and in the other tower, with slightly different areas and prices; the updated price list is available from the broker.
The payment terms on the price list are a 10% deposit, 15% in 32 monthly instalments, 15% in three lump-sum payments and 60% through financing.
There are two towers with 48 apartments and commercial units on the ground floor.
The amenities are delivered furnished, decorated and equipped:
Pool, party room, gym, games room and children's playroom. The project includes a decorated entrance hall, smart access, a power generator and a lift. According to the developer's brochure, the building is 150 metres from Ruth Cardoso Hospital and 300 metres from UNIVALI university.
Worth weighing:
This is an off-plan property, the images are illustrative and the completion date depends on construction.
Balneário Camboriú has the most expensive square metre in Brazil and a line of seafront skyscrapers found nowhere else in the country.
The downside is well known:
In summer the city fills up, traffic on Avenida Atlântica grinds to a halt, and the shadow of the tall buildings reaches the beach by late afternoon. Anyone buying to live here all year should visit in January and in June before deciding.