Brazilian banks Itaú and Caixa announce large-scale property auctions

Major Brazilian financial institutions are conducting large-scale real estate auctions across the country.

Itaú Unibanco, in partnership with Mega Leilões, will auction 113 residential properties on October 14, 2026. The portfolio includes houses, apartments, commercial properties, and land distributed across various states, including São Paulo, Rio de Janeiro, and Minas Gerais. Payment options include full cash payments or installments of up to 78 months for most properties.

Separately, Caixa Econômica Federal and Fidalgo Leilões are auctioning 453 properties nationwide, with discounts of up to 75% off appraised values. The selection includes 265 apartments, 161 houses, 20 plots of land, and several commercial and rural properties. The auction concludes on October 29. Some lots allow for financing and the use of FGTS funds. The properties are spread across 22 states and the Federal District, with the highest concentration in the Southeast and Northeast regions.