The last home built on the bay for 53 years.
Landmark buildingEdifício Praia de Botafogo stands on Praia de Botafogo with the city's classic postcard behind it: Sugarloaf rising straight across the bay and the curve of the Enseada de Botafogo at the front door. It was finished in 1971 and turned out to be the final residential building completed on this stretch of the bay for the next 53 years, until the Enseada project broke the gap.
That long pause is the whole case for buying here. Supply is fixed, no new towers went up for half a century, and the handful of apartments that look across the bay to Sugarloaf can't be reproduced until newer launches catch up. Units come up for resale only now and then, mostly outside the public portals.
Address: Praia de Botafogo 430, Botafogo, Rio de Janeiro
Completed in 1971 at the tail end of Botafogo's mid-century residential growth. As the neighborhood shifted toward offices and corporate use through the 1970s and 1980s, the pipeline for new homes on the bay dried up, and this building effectively closed out that residential chapter.
It has stayed in residential use ever since, with systems and common areas updated over time. The constant has been the orientation: most apartments face the water directly, with Sugarloaf as the centerpiece. The Enseada launch in 2024-2025, the first new residential project on the avenue since this building, has renewed attention on the existing stock and lifted activity here.
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