Aparthotel Botafogo

Currently in the due diligence phase to purchase a 950 sqm property with an existing structure on it. Conducting a project to evaluate the best strategy to maximise long-term return. Some of the possibilities include.

• Retrofit existing structure to turn into a boutique 28-room B&B.

• New building with 1 and 2-bedroom apartments to be rented long-term and short-term. 48 units

• Aparthotel - A modern building with common areas that include a coworking space, gym, pool, cafe, and common dining area. 36-48 rooms. Mix of studios and 1/2-bedroom apartments. focused on Airbnb-style renting for corporate staff visiting Rio.