An area owned by the post office, which had been repeatedly invaded for many years, causing real “terror” for neighborhood residents, was finally auctioned off to the Pernambuco-based developer Moura Dubeux, bringing great relief and strong expectations to an upscale area of the city neighboring the Pituba Ville condominium of high-end buildings.
By the way, Moura Dubeux has proven to be a highly capable trailblazer, as it also acquired the former Salvador Praia, Bahia Othon, and Le Meridien hotels.
The developer Moura Dubeux confirmed the purchase of the former headquarters of the Brazilian Postal and Telegraph Company in Pituba, Salvador.
What was acquired
The property is located on Avenida Paulo VI, in Pituba.
The site has approximately 34,689 m² of land and around 42,000 m² of built area.
The complex had been deactivated since 2018.
Purchase price
Moura Dubeux won the property at a public auction for R$ 97,760,250 (about R$ 97.8 million). The amount was below the auction’s starting bid, which was approximately R$ 130.3 million, and far below the roughly R$ 248 million asked in the first sale attempts years ago.
What will be built?
According to the company, the land will make way for a predominantly residential development, with estimated development potential of approximately 140,000 m² of sellable private area.
So far:
the architectural project has not yet been released;
there is no public definition regarding the number of towers, apartments, or gross development value;
the launch schedule will be announced after the necessary technical studies and approvals.
Importance for Salvador’s real estate market
This is one of the largest land acquisitions in recent years in Salvador and reinforces Moura Dubeux’s strategy of transforming large, underused urban areas into high-end developments. The company already develops projects on former sites of the Hotel Othon, Hotel Pestana, and Salvador Praia Hotel.
As someone working in Salvador’s real estate market, this development has the potential to:
further increase the value of the Pituba area;
boost launches and investments around Avenida Paulo VI;
attract mid- to high-end buyers to an already established location;
From studios to ultra-luxury, Moura Dubeux is entering Salvador’s real estate market like a runaway train and promises many more developments in the city, energizing the entire property chain;
Properties range from R$350,000 to R$15,000,000.
All signs point to Salvador continuing to be one of Moura Dubeux’s main expansion cities in the coming years. Although the company has not yet officially announced all future launches, there are strong indications that new developments will be released.
The main factors are:
Robust land bank: Bahia represents about 12% of the company’s land bank, which means there is still significant development potential in the state.
Recent acquisitions: in just the past few years, the company acquired or consolidated projects in strategic areas such as the former Salvador Praia Hotel, the former Bahia Othon Palace, the former Hotel Pestana Bahia, and the former Post Office headquarters in Pituba.
Continuous launches: in addition to revitalizations, the developer continues to launch new products in neighborhoods such as Horto Florestal, Caminho das Árvores, Patamares, and the Shopping da Bahia area, showing that its strategy does not rely only on large retrofits.
Where could new projects emerge?
Without official announcements, any specific forecast is speculative. Even so, based on the company’s track record, the locations that make the most sense for new opportunities are:
Pituba, after the development of the former Post Office site;
Ondina, where the company already has a strong presence and significant investments;
Rio Vermelho, taking advantage of the seafront revitalization;
Horto Florestal and Caminho das Árvores, upscale segments;
Patamares, where demand for residential developments remains high.
An important trend
Moura Dubeux appears to be consolidating a model that combines:
retrofit of iconic buildings;
mixed-use developments (residential, hospitality, and services);
high-end residential projects;
projects aimed at short-term rentals, especially under the Beach Class brand.
This positioning follows the evolution of Salvador’s real estate market, which has seen growing interest in established neighborhoods and the redevelopment of large urban areas.
WELCOME, MOURA DUBEUX



