The new real estate financing model, officially announced in October 2025, marked the beginning of a structural change in the Brazilian housing credit system. The update of the rules redefines how banks can use savings funds to finance real estate, which expands the debate on the possible impacts on the market. As a result, investors and developers are closely monitoring each step, especially as the transition phase begins in 2026 and evolves to full adoption in 2027.

Why the topic gains strength in 2026

The year 2026 marks the beginning of the sector’s operational adjustments. From this period on, banks begin to test internal systems, adapt processes, and gradually expand concession capacity. As a result, the market is beginning to perceive, in practice, the first effects of the change. In addition, the topic gains even more relevance in a scenario of heated demand, especially in regions that offer property security, quality of life and consistent appreciation.

How the new model works

To better understand the impact of the change, it is essential to look at how the SBPE currently operates. Today, savings resources are distributed as follows:

• 65% must be allocated to housing financing;
• 20% retained as compulsory deposit;
• 15% of free movement through the banks.

The new model gradually increases the percentage of savings allocated to real estate credit until it reaches 100% throughout implementation. This increases the volume of resources available for housing financing and intensifies competition between banks, offering more alternatives and potentially better conditions for the buyer.

Consequently, buyers who rely on financing can find more options and more competitive negotiations, while the industry gains speed in the pace of sales and approvals.

Impacts for those who invest in the Bombinhas region

The effects are usually more evident in markets with qualified demand, limited supply of land and high-end products. Therefore, more valued neighborhoods in the region tend to feel these reflections more intensely. The following are the most likely impacts:

1. Broadening the base of bankable buyers

With more credit available, the number of people able to finance tends to grow. As a result, the liquidity of ready-made properties and off-plan developments is strengthened.

2. Acceleration of new releases

When the market perceives predictability in the credit environment, developers usually anticipate projects. Thus, desired regions can receive launches in a more dynamic way, especially in areas with reduced land stock.

3. Continuity of the recovery cycle

Mariscal and Canto Grande continue on a solid trajectory of appreciation, driven by qualified demand and strong income potential with vacation rentals. With the expansion of credit, this movement tends to intensify in the coming years, reinforcing the region’s attractiveness to investors.

4. Strategic windows during the adaptation phase
The transition phase usually opens up occasional opportunities, especially because positive expectations coexist with operational adjustments. Therefore, more attentive investors are able to identify more competitive negotiations over this period.

Conclusion

The simple expectation of greater credit supply already influences the planning of developers and the positioning of investors. In premium markets on the coast of Santa Catarina, where demand is qualified and the supply of land is limited, any advance related to credit can change the pace of sales and the behavior of launches. Therefore, monitoring each stage of the implementation is essential to identify opportunities before the full consolidation of the new model.

These regions also have rapid absorption of launches, which reinforces the importance of monitoring each phase of implementation to identify opportunities before the full consolidation of the new model.

Thus, understanding this transformation is not only a matter of information, but also a way to act more strategically in one of the most competitive real estate environments in the country.

• 360º tour of Bombinhas, one of the areas that most reflect the impact of new financing policies and the movement to value the coast of Santa Catarina.

FAQs

1. What is the new real estate financing model announced by the government?
The new model is an update of the housing credit rules that gradually increases the percentage of savings funds allocated to real estate financing. With this change, the supply of credit is expected to increase in the country between 2026 and 2027.

2. When does the new model start to take effect in practice?
The transition phase begins in 2026, when banks and financial institutions begin to adapt internal systems and processes. Then, full adoption is scheduled for 2027, when the use of savings funds will be expanded more significantly.

3. How can this change benefit those who want to invest in the coast of Santa Catarina?
As the region has high demand and little supply of land, any expansion in financing capacity tends to increase liquidity and accelerate the pace of launches. Therefore, investors can find good opportunities even in the implementation phase, even before the full consolidation of the new model.

See also

• Find out why, even with the impacts of El Niño, living in or visiting Bombinhas remains attractive and full of advantages
• Find out why February is one of the most popular months in Bombinhas, with ideal weather, heated tourism and real estate appreciating