Alegria Partners · Brazil
Real estate, the way
Brazil is being lived now.
We acquire, build and operate residential property across Rio de Janeiro, Jericoacoara and Barra Grande - for investors and for the people who stay in it.
The market we operate in
Sources: Brazilian Ministry of Tourism (Embratur), ABIH - Hotel Industry Association of Brazil, and operator data, 2024-2025.
What we do
Investment, development and operation - under one roof.
Alegria is a partnership focused on a single category of asset: high-end residential property in Brazil, operated for both long-term ownership and short-let income.
We work where the supply is thin and the demand is structural - premium addresses in Rio de Janeiro, and the quiet beach towns of Ceará and Piauí that international nomads are making permanent. We co-invest on every deal and operate every building we deliver.
Where we work
Three markets, one thesis.
A premium urban anchor and two coastal towns that the world has quietly moved into. We know each well enough to underwrite a deal in a phone call.
Rio de Janeiro
Ipanema · Copacabana
Premium urban supply, scarce inventory, the strongest STR yields in Latin America.
Jericoacoara
Ceará
The original Brazilian nomad town. Seasonal stays, growing year-round occupancy, international airport development.
Barra Grande
Piauí
Upcoming, world-class kitesurfing destination, land still acquirable at competitive rates. Highest market return.
Selected projects
Operating and in build.
We invest where we operate.
Every building, on our own books.
Alegria runs the assets it develops. The same team that signs the deed hires the housekeeper. It is the only way we know to keep underwriting honest.
Sourced locally
Most of our deals are off-market. Three markets is small enough to know every broker by name.
Underwritten conservatively
We model the building on long-let yields first. The STR upside is the bonus, not the thesis.
Operated by us
Every project is run by Alegria's operating company. No third-party managers, no surprises.
Bring us a market, or a check.
We co-invest on every deal we operate. If you are a fund, investor or real estate professional with capital looking for the Brazilian residential market, we should talk.