Discover the main factors that define the high value of properties in the Federal District and the most valued regions of the capital
The real estate market in the Federal District has always deserved special attention from companies, analysts and professionals in the construction sector, being considered one of the most relevant and attractive, among the largest and most important cities in the country, with increasingly expressive numbers in the volume of supply of properties and, mainly, demand, which continues to grow, both in Plano Piloto, the primary region of the Federal District, and in the administrative regions, better known as satellite cities, making Brasília one of the cities with the most valued properties in Brazil.
In this article, we will learn a little more about the real estate market in the Federal District, the main forces that define real estate appreciation in the capital and the regions that stand out most in this scenario.
1. The Federal District: The quality of life that attracts and redefines the concept of living and residing in big cities.
The Federal District is, without a doubt, one of the most attractive places for those seeking the much desired quality of life, attracting more and more people from all corners of the country and the world, emerging in the ranking with the highest HDI (Human Development Index) in the country: 0.824 – it is the only Brazilian federative unit with an index higher than 0.8. The statistics are calculated by UNDP, an organization linked to the UN.
In addition to being the political center of the country, the city is recognized for its unique urban planning and modern architecture, with good infrastructure, a well-structured health and education network, high security levels, wide and modern roads, integration with nature, among other attributes. Thus, its remarkable lifestyle is a trademark of the Federal District, becoming a reference for those seeking to settle in places with a higher quality of life, which makes the demand for real estate increasingly high and making the city have one of the most valued m² in Brazil, being considered the Brazilian city with the highest real estate appreciation in Brazil in 2022, with an index of 16.77% compared to 2021. according to data from the Brazilian Association of Real Estate Credit and Savings Entities (Abecip)
According to the Sales Speed Index Survey in Brasília, a joint initiative of ADEMI DF with SINDUSCON-DF, carried out by Opinion Strategic Information, with the support of the regional office of the Brazilian Micro and Small Business Support Service (SEBRAE DF), real estate appreciation in the DF has accelerated in the last 6 years, confirming the trend already demonstrated, between 2021 and 2022, by the Abecip survey.
Below is a demonstration of this evolution in the regions of Plano Piloto, Guará and Águas Claras, a trend that can be seen in other regions and surrounding areas of the Federal District:
2. Location is the essential factor for real estate appreciation in the Federal District
The location of the property is the most important variable when it comes to real estate appreciation. In a cosmopolitan and vibrant city like Brasília, being well located means being close to everything you and your family need for a life with more comfort, security and convenience, with quick access to the demands of a busy routine and constant movement. Therefore, the closer you are to work, school, shops, leisure and essential services that the city offers, such as health, transportation, leisure, among others, the more value the place and the property built there will be.
Read also: 2023 – The best neighborhoods to live in Brasília.
Brasília is the center of major national decisions, the epicenter of power and the most important events in the country's political, administrative and judicial scene. In addition, its cosmopolitan and diverse vocation, modern and connected infrastructure, attracts a growing flow of interests and people from all parts of Brazil and the world, who seek the city as the ideal place to live and reside, close to this atmosphere of possibilities and perspectives, demanding more and more spaces that can accommodate this growing demand for properties close to the center of the capital, fueling a wave of continuous and sustainable real estate appreciation that begins in the Plano Piloto and extends, proportionally, to all administrative regions of the Federal District.
In the opposite direction, the attractiveness of the Federal District also impacts the region surrounding Brasília, where thousands of families settle in search of a better life with more opportunities. This continuous flow of people, in the same way, puts pressure on the demand for real estate, causing an inverse wave of real estate appreciation that begins in the surrounding area and flows into the administrative regions of the Federal District and from there until reaching the most upscale areas of the Plano Piloto, feeding back into this chain of real estate appreciation.
See below how the wave of real estate appreciation in the Federal District is happening:
3. The listing of the Plano Piloto and the shortage of real estate supply in the DF
A landmark of modern architecture and urbanism, Brasília holds the largest listed area in the world – 112.25 km² – and was inscribed by UNESCO on the list of World Heritage sites in December 7, 1987, being the only contemporary property to deserve this distinction.
Brasília's cultural heritage is made up of monuments, buildings or sites that have historical, aesthetic, archaeological, scientific, ethnological or anthropological value, and understanding their preservation reaffirms the need to implement public policies capable of ensuring the protection of this heritage.
Listing means a set of actions carried out by the public authorities with the aim of preserving, through the application of specific legislation, assets of historical, cultural, architectural, environmental and also emotional value for the population, preventing them from being destroyed or altered in character.
Urban planner Lúcio Costa, author of the Plano Piloto project, explained the creation of the city's central elements in a very simple way: “It was born from the primary gesture of someone who marks a place or takes possession of it: two axes crossing at a right angle, that is, the sign of the cross itself.”
The city, which was the first work of the 20th century to be listed by the United Nations Educational, Scientific and Cultural Organization (UNESCO), is divided into four scales of urban design:
- Monumental: located along the Eixo Monumental, from Praça dos Três Poderes to Praça do Buriti, with the concentration of the main local and federal administrative activities.
- Residencial: along the Eixo Rodoviário (or Eixão), with the superblocks, considered at the time a new way of living, close to a road.
- Gregarious: the meeting and social point of Plano Piloto, in the city center. It is where the Plano Piloto Bus Station, the Banking, Commercial, Entertainment, Hotel and Radio and TV Sectors are located.
- Bucolic: spread across open, wooded spaces that give Brasília the characteristic of a park city. In the original plan, the main location of this scale is the shore of Lake Paranoá.
Why does the listing impact the real estate supply and real estate appreciation in the Federal District?
The scarcity of available areas for the implementation of new residential developments is putting pressure on the prices of the latest projections for real estate developments in the primary region of the Plano Piloto, namely: Asa Sul, Asa Norte, and Setores Sudoeste and Noroeste. The result of this scarcity, together with the continuous pressure for new properties, is increasingly higher values in the latest available projections and auctions held by Terracap, the government agency responsible for the sale of land, since the GDF is still the largest holder of residential areas in the DF.
On the other hand, the rules and restrictions imposed by the listing reduce the construction potential of the projections intended for the architectural projects of new developments launched and built in the Plano Piloto, impacting their VGV – General Sales Value, generating a domino effect on the final value of each apartment.
Finally, the scarcity of areas and restrictions on their construction potential end up generating additional pressure on the real estate supply in the Plano Piloto, triggering a natural movement in search of more affordable properties, located in regions outside the listed area, further reinforcing the already known cascade effect on real estate appreciation in all regions of the Federal District and surrounding areas.
4. High standard, solidity and construction quality: differentials that guarantee property value and long-term asset security
Within the real estate universe, many concepts are, over time, improved and expanded the way in which people perceive value and meaning in their choices, whether these choices are driven by emotional, financial, technical or even intangible and immeasurable criteria, making the decision to invest in a property an ongoing challenge, especially for those seeking long-term appreciation and asset security in this endeavor.
Read also: High-end apartments in Brasília: learn more about the differences between these properties
We have selected below some of these concepts that directly influence this decision:
4.1 The Architectural Project: beauty, robustness, harmony of its lines and elements that highlight and mark its personality, associated with the superior quality of the materials used in its coverings, such as granite, aluminum frames and special glass, define, together, an architectural concept that adds great value to any project, preserving and guaranteeing long-term appreciation and asset security for those who invest in a property for life.
4.2 Common areas: Just as important as the distinctive features that mark the architectural beauty of the development are the common areas that complement and ratify its construction standard. From the pilotis to the collective roof, the sophisticated, luxurious environments, the noble coverings and the state-of-the-art lighting and acoustic performance projects, where the convenience, comfort and functionality of the projects harmonize with the beauty and refinement in every detail, can increase people's positive perception, attributing even more value to the property located there. In addition, high-end condominiums have been investing more and more in social and leisure environments that guarantee all residents a pleasant, functional and safe routine. Having a complete leisure and entertainment structure available, without leaving home, is an invitation to a safer, calmer and healthier life for the whole family. Condominiums that offer this differential, in general, are more valued and better evaluated when it comes to the purchase decision.
4.3 The set of furniture that makes up the common areas of the development: In the development of high-end properties, the advance purchase of the furnishings to be used in the composition of the spaces and environments of the common areas is an additional cost to the price of the property that ensures that the building is delivered to the new residents already furnished, equipped, decorated and optimized in order to make it more functional, elegant, sophisticated and fully aligned with the concept, standard and architectural design compatible with the standard of the apartments, which is essential to ensure that the expectations of the buyers are met. The quality of the materials, furniture and equipment that are part of the furnishings reflect all the nobility and sophistication that is expected of a luxury condominium.
4.4 Technical construction differences : Internal masonry of apartments in concrete blocks, solid slabs, walls that divide the rooms of adjoining units in double masonry with concrete blocks and spacing filled with acoustic wool, glass with technologies that block UV rays, thermal and light performance of the units, solar water heating, photovoltaic energy generation, among other technological solutions, are some of the differentials that can currently be used in developments classified as high standard.
4.5 Smart and versatile projects: Those looking for a high-end property expect to be able to optimize the spaces in search of more original designs that promote greater similarity with their lifestyle and that of their family. Thus, reversible and more intelligent plans can provide a different dynamic to the home, such as a gourmet kitchen integrated into the living room instead of a pantry, or even a larger living room integrated into the balcony or a home office space instead of another suite, which can make the day-to-day life of the whole family easier, promoting more comfort, functionality and better social and family coexistence for residents and visitors.
Emplavi: A reference in high-end developments in Brasília for 41 years
More than living well, a new look at what it means to live in Brasília, in all its fullness, modernity and intensity. A look that challenges Emplavi continually seeking excellence, with each new project that it plans, builds and delivers, giving birth to and growing projects that bring, in their conception, the most innovative and disruptive aspects of the high-end real estate segment in the Federal District and that have already become a reference in the concept of living and residing in the Federal Capital, with the quality of life you've always dreamed of, with the certainty of the best deal.
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There are more than 31 thousand properties delivered on time, in the best locations in Asa Sul, Asa Norte, Setores Sudoeste and Noroeste, Guará and Águas Claras with the hallmark of solidity, safety and construction quality Emplavi which adds greater long-term real estate appreciation to your assets in Brasília.
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