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2 clusters · 5 sources · 3 days · First seen · Last updated

Leblon mansion demolition and luxury development

Overview

Demolition has commenced on a massive mansion in the Jardim Pernambuco area of Leblon, Rio de Janeiro, to facilitate a new luxury residential project. The property, previously described as the most expensive mansion in Brazil, was once listed for R$ 220 million and was reportedly sought after by Neymar’s family before being acquired by the developer Mozak in 2024.

The site, an 11,500-square-meter lot, will be transformed into Estância Pernambuco. This exclusive development, designed by architect Thiago Bernardes, will consist of ten high-standard houses. The project has an estimated total sales value of approximately R$ 360 million, with seven of the ten units already sold for prices ranging between R$ 24 million and R$ 42 million. Completion of the development is expected in the second half of 2028.

Entities

Thiago Bernardes · Mozak · Leblon · Jardim Pernambuco · Estância Pernambuco

Timeline

  1. 5 days ago

    [BUSINESS] 2 sources
    Mozak begins demolition of R$ 220 million Leblon mansion

    Mozak has begun demolishing a R$ 220 million mansion in Leblon, Rio de Janeiro, to build Estância Pernambuco, a luxury complex of ten houses valued at R$ 360 million.

  2. 8 days ago

    [BUSINESS] 3 sources
    Leblon mansion demolition begins for luxury development

    Demolition has started on Brazil's most expensive mansion in Leblon, Rio de Janeiro, to make way for the Estância Pernambuco luxury housing development.

Sources

aventurasnahistoria.uol.com.br · brasilemfolhas.com.br · exame.com · oglobo.globo.com · spacemoney.com.br