# Leblon mansion demolition and luxury development

> Live situation record from CLSTR: https://clstr.news/situations/leblon-mansion-demolition-and-luxury-development
> Updated: 2026-09-06T08:08:40.000Z. Sources: 5. Developments: 2.

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.

## Timeline

### 2026-09-06: 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 sources. https://clstr.news/cluster/mozak-begins-demolition-of-r-220-million-leblon-mansion

### 2026-09-03: 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.

3 sources. https://clstr.news/cluster/leblon-mansion-demolition-begins-for-luxury-development

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Cite as: Leblon mansion demolition and luxury development. CLSTR, https://clstr.news/situations/leblon-mansion-demolition-and-luxury-development