Upside Beach Studios: Contemporary Penthouse in Florianópolis
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About this Property
Listed by Rocks Investments
A rare opportunity to acquire a modernist studio at cost price through an SPE partnership model — where investors capture developer margins and participate directly in one of Ponta das Canas' most transparent pre-construction offerings.
The Opportunity
This 17 m² penthouse studio represents a disciplined approach to coastal investment: compact, efficient, and purpose-built for Florianópolis’ robust short-term rental market. Acoustic insulation, central air conditioning, and gas infrastructure ensure operational efficiency, while elevator access and communal swimming facilities enhance tenant appeal. The unit is designed to maximize rental yield per square meter — a strategic advantage in high-turnover seasonal markets.
Upside Beach Studios operates under Brazil’s SPE (Special Purpose Entity) structure, granting investors direct partnership status in the development. All capital flows through the SPE account, with full transparency via financial statements, invoices, and bank records. Investors elect fiscal oversight and approve construction milestones through regular assemblies. This governance model eliminates traditional developer markups, allowing acquisition at cost price with projected appreciation of 92% by the December 2028 delivery date.
The building’s amenities — swimming pool, central systems, and acoustic engineering — are calibrated for institutional-grade rental performance. This is not speculative; it is a methodical play on Ponta das Canas’ documented rental demand and the structural advantages of the SPE investment vehicle.
The Investment Case
Ponta das Canas occupies the northern quadrant of Florianópolis Island, a microclimate of preserved coastline and calm surf conditions. The neighborhood sits adjacent to Canasvieiras, Cachoeira do Bom Jesus, and Lagoinha — established rental submarkets with year-round occupancy. Infrastructure development in the north continues to compress travel times to the island’s commercial centers, while the area retains its low-density character. This duality — accessibility without saturation — underpins the 30% projected net annual return.
The investment case is straightforward: cost-price acquisition via SPE partnership, 92% appreciation trajectory through 2028, and immediate rental operability upon delivery. With a payback period of 3.3 years and full governance transparency, this offering suits investors seeking liquidity, control, and exposure to Florianópolis’ northern corridor growth. Units below R$1 million do not qualify for Brazil’s Golden Visa program, but the asset’s rental performance and exit liquidity provide alternative pathways to portfolio diversification in the Brazilian coastal market.
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What this place offers
- Acoustic Insulation
- Central A/C
- Elevator
- Gas Central
- Swimming Pool
Location
Floor Plans
Rock Solid Investment: Meets The Rocks Standard
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