Sal Rio Residences Pool #1 · Live on Base

Porto Maravilha studios,
operated by Lobie

SALRIO is fractional equity in 5 studios of the Sal Rio Residences, in Porto Maravilha — central Rio de Janeiro, steps from Museu do Amanhã, Pedra do Sal and the Armazém 2 waterfront. Operated by Lobie (88-year-old group, +750 STR units, 85% average occupancy). Monthly BRLE distributions — CDI-proxy during construction, real rent after habite-se. Target dividend yield ~10.8% a.a. · Target IRR ~21% a.a. incl. capital gains.

Incorporação Progress + Pilar Capital · operação Lobie · emissão EFIX.

Allocate now → See the opportunity
SALRIO
Sal Rio Residences
Open for allocation
Pool NAVR$ 1,861,310
Par priceR$ 1.00 / share
Total supply1,861,310 SALRIO
Backing5 × studios · 30–32 m²
LocationPorto Maravilha, Rio
DeveloperProgress + Pilar Capital
OperatorLobie (STR)
IssuerEFIX Plataforma de Tokenização e Crowdfunding Ltda
FrameworkReg S Cat 3
Live at 0x4022…0D7c on Base · Chain 8453
Pedra do Sal · Saúde · Rio de Janeiro

No Rio, tudo é ou já foi mar.
A pele carioca é sol e sal.
Gente iluminada, sem tempo ruim. Um povo que sobe sambando
e desce a ladeira fazendo carnaval.
Não perde a ginga, desenrola.

Descubra o encanto do Rio — com SAL
Construction yield
~14.4% a.a.
Target div yield
~10.8% a.a.
Target IRR (10y)
~21% a.a.
Dividend asset
BRLE
The Opportunity
Porto Maravilha, reshaped by short-term rentals
Sal Rio Residences sits in Porto Maravilha — central Rio's reborn waterfront district, home to Museu do Amanhã, MAR, Pedra do Sal, Cais do Valongo, VLT and Santos Dumont airport. Purpose-built for short-term-rental operation by Lobie. SALRIO tokenizes fractional equity in 5 of its studios, so global investors can capture the rental economics of one of the world's most in-demand tourism cities — without Brazilian real-estate bureaucracy.
Why Porto Maravilha STR

Porto Maravilha is Rio's fastest-growing tourism corridor: steps from Museu do Amanhã, Praça Mauá, MAR, Armazém 2, and the VLT-to-Ipanema line. Average stay 4 days; studio daily rates R$ 171 (médio) / R$ 235 (alto padrão) / R$ 264 (luxo). Lobie runs the full operation: bookings on +100 channels, dynamic pricing, 24h concierge, cleaning, laundry, maintenance.

  • 5 studios in the Sal Rio Residences (building ID 21, units 219, 214, 314, 319, 409). 30–32 m² each.
  • Developer: Progress + Pilar Capital. Delivery 2027 (habite-se target).
  • Operator: Lobie — 88-year-old group, 45k units managed, +750 STR contracts, 85% occupancy.
  • Backed by 5 Lobie Unit NFTs with audited monthly cashflow observations once operational.
  • DeFi-composable: tradeable on Uniswap V3, collateralizable on Morpho Blue (62.5% LLTV).
Gordon Growth NPV
R$ 1.86M
On-chain discount-model NPV of the 5 studios, continuously updated against Chainlink BRL/USD and Lobie's monthly cashflow observations.
The Neighborhood
Saúde — Porto Maravilha
Rio's waterfront district, reborn. From Museu do Amanhã to Pedra do Sal, from the Roda Gigante RioStar to Marina da Glória — Sal Rio Residences sits in the middle of Rio's most walkable cultural corridor, minutes from Santos Dumont airport and on the VLT line straight to Ipanema.
Porto Maravilha
"One of the coolest neighborhoods in the world"
— Time Out London
Lazer
  • Pedra do Sal
  • Praça Mauá
  • AquaRio
  • MAR — Museu de Arte do Rio
  • Museu do Amanhã
  • RioStar (Roda Gigante)
Cultura
  • Circo Voador
  • Biblioteca Nacional
  • Theatro Municipal
  • Cais do Valongo
  • Morro da Conceição
  • Sambódromo
Gastronomia
  • Beco do Rato
  • Bar do Rui
  • Mercado Municipal
  • Restaurante Cadeg
  • Boteco da Cidade Nova
  • Armazém 2
Turismo
  • Cristo Redentor
  • Marina da Glória
  • Aeroporto Santos Dumont
  • Estação VLT → Ipanema
  • Estação das Barcas (Niterói)
  • Lapa
The Building
O primeiro retrofit do Porto Maravilha
Sal Rio Residences converts an existing structure into a purpose-built STR residence. Rooftop leisure, mirante with direct access to Pedra do Sal, 4 ground-floor shops, and studios engineered for short-stay operation. Architecture by CITÉ.
Sal Rio Residences — Render
1° Retrofit do Porto Maravilha
Sal Rio Residences
Rua Sacadura Cabral, 152 · Saúde · Rio de Janeiro
  • Studios de 32 a 35 m² — compact, STR-optimized
  • Sala/quarto de 29 a 30 m² — flexible layouts
  • Rooftop exclusivo — pool, bar, deck
  • Mirante com acesso à Pedra do Sal — private gateway to Rio's oldest samba corner
  • 4 lojas no térreo — ground-floor retail activates the street
  • Áreas comuns: piscina, salão de festas, academia, spa, cinema, boulevard
Architecture by CITÉ (Catie Regis & Fernando Cirelli) — carioca studio specialized in hospitality and mixed-use projects.
The Partnership
Uma mistura que dá samba
Três parceiros, uma operação. Progress incorpora, CTV constrói, Pilar Capital estrutura o funding, Lobie opera e EFIX Plataforma de Tokenização e Crowdfunding Ltda emite o token. Cada peça já roda em escala no Rio — juntas, elas transformam um edifício em um ativo tokenizado, globalmente composível, com cashflow mensal.
Uma mistura que dá samba

Progress, CTV e Pilar Capital se uniram com a tese de estruturar empreendimentos com exposição à Lobie, que combina tradição e experiência com agilidade em prototipação, resposta rápida às demandas do mercado e integração à cidade — em um rápido retorno do investimento.

Backed by institutional-grade infrastructure
Security audit
Custody
USD/EUR onramp
Price feed
Listing
TVL tracking
Operator track record
Lobie's live Rio cases sold out in 24–48 hours
Our operator already runs the STR playbook at scale in Rio. These three Lobie buildings — all co-incorporated with the same Progress/Opportunity partners as Sal Rio Residences — are the benchmark for what SALRIO is targeting.
Copacabana · Leopoldo Miguez
Lobie Leopoldo Miguez
12.54% a.a.
24 studios / double-studios · sold out in 24h · TIR 18.14% a.a. w/ capital gain.
Centro · Reviver
Lobie Casa Mauá
15.53% a.a.
224 studios · sold out in 48h · first habite-se Reviver Centro · TIR 25.69% a.a.
Botafogo · R. da Passagem
Lobie Botafogo Privilege
13.59% a.a.
110 units · 92% occupancy · +184% m² appreciation in 18 months · TIR 28.03% a.a.
Expected returns
How you earn, phase by phase
SALRIO pays monthly BRLE distributions from the moment the offering closes. During construction, the SPE parks IPO capital in BRLE-linked yield (CDI proxy). After habite-se, the same contract routes real rental cashflow — tagged on-chain as a different dividend phase.
Month 1 – 18 · Construction
CDI-proxy via BRLE
~14.4% a.a.
Treasury parks IPO capital in BRLE-linked CDI yield. Approx. R$ 22,300/mo distributed across the pool. Phase-tagged ConstructionProxy.
Month 19 – 24 · Ramp-up
Mixed CDI + rental
Transitional
Partial habite-se. Studios come online progressively. Both CDI proxy and rental cashflow. Phase-tagged RampUp.
Month 25+ · Operational
Real STR rental
~10.8% a.a.
Lobie stabilizes at ~R$ 2.6k net per studio/month (base case: R$ 220 daily, 65% occupancy). ~R$ 13k/mo for the 5-unit pool. Phase-tagged Operational.

Target 10-year IRR of ~21% a.a. nominal, including capital-gain valuation of the underlying m² (base case: +34.4% over 10 years). Sensitivity range ~0.64–1.12% monthly div yield depending on occupancy (52–72%) and daily rate (R$ 175–255). Sources: Lobie operating report (Studio 25m² base case, April 2026).

Allocate
Buy SALRIO — three payment rails
Wire funds to EFIX Plataforma de Tokenização e Crowdfunding Ltda using whichever rail is fastest for you. Once the deposit clears, SALRIO is delivered to your Base wallet. Most PIX allocations settle in minutes; ACH in 1-2 business days; international Wire typically same-day if sent before 15:00 UTC.
Allocate via the EFIX wallet
Same email-first flow as our efix.finance/app/wallet. Log in with your email, we generate a smart wallet on Base for you (no MetaMask, no gas), pick your rail, and EFIX's operator wallet receives your funds — SALRIO tokens are delivered to your smart wallet automatically.
🇧🇷 BRL · PIX
Instant BRL
Recommended for Brazilian accounts. QR code generated in-app; settles in minutes.
🇺🇸 USD · ACH / Wire
Domestic US transfer
Virtual bank details issued via Bridge.xyz. ACH: 1-2 business days. Wire: same-day.
🇪🇺 EUR · SEPA
EU transfer
SEPA details via Bridge.xyz. Typical settlement: 1 business day.
Log in with email
Alchemy Account Kit creates your ERC-4337 smart wallet on Base.
Pick PIX, ACH/Wire or SEPA
PIX shows a QR. ACH/Wire/SEPA shows Bridge.xyz virtual bank details you own.
Operator wallet receives
EFIX Plataforma de Tokenização e Crowdfunding Ltda operator wallet receives your BRL/USD/EUR deposit.
SALRIO delivered
Treasury transfers SALRIO to your smart wallet at par. Usually within minutes of PIX / same-day for ACH+Wire.
Operator wallet: BRL via PIX lands in EFIX Plataforma de Tokenização e Crowdfunding Ltda's bank account (CNPJ 60.756.859/0001-57); USD/EUR via Bridge.xyz is auto-converted to USDC and deposited to your smart wallet. Treasury then settles SALRIO at par — 1 SALRIO = R$ 1.00 — per your allocation size.
Smart Contracts · Base mainnet
Fully verified on Basescan
Solidity 0.8.22, OpenZeppelin v5.4, optimizer 200 runs, viaIR. All contracts immutable, no proxy, no upgrade path. See each contract's source and storage on Basescan.
🔵 Base Mainnet Chain 8453
HausBTRShare (SALRIO) 0x4022…0D7c
BTROfferingRegistry 0x1287…01Fe
SalRioOracleV1 0xD42f…2C979
Uniswap V3 Pool (SALRIO/BRLE 0.3%) 0x566a…e0e2
Morpho Blue Market (62.5% LLTV) 0x4892…6d8d
Lobie-Haus-Btr Safe (2-of-3) 0xa09d…40D6
Lobie Unit Registry 0xd8C3…4638
BRLE (dividend asset) 0x7D12…82F6
Risk & Compliance
Read before you allocate
SALRIO is a Regulation S Category 3 offering. Primary distribution is restricted: no U.S. persons may participate in the initial offering. EFIX Plataforma de Tokenização e Crowdfunding Ltda is the issuer; Lobie is the operator; Harris & Trotter audits cashflow observations before they land on-chain.

Key risks

Construction risk: habite-se may be delayed. Operational phase cash flows depend on habite-se being issued on schedule. During the delay, CDI-proxy yield continues.

STR demand risk: operational rent depends on Rio de Janeiro short-term-rental demand, which is seasonal and sensitive to macroeconomic and tourism factors.

Regulatory risk: CVM, BCB, or securities-law changes in Brazil or Reg S compliance-period changes in the U.S. could alter the offering's structure.

Smart-contract risk: all contracts are immutable and audited; however, no smart contract is risk-free.

FAQ
Common questions
If you don't see your question here, email ernesto.otero@hausbank.com.br.
How long does the allocation take?
PIX: SALRIO tokens are usually delivered within 1 hour of your deposit clearing. ACH: 1-2 business days. International Wire: same-day if sent before 15:00 UTC.
What's the minimum allocation?
R$ 1,000 (or ~$200 USD equivalent). No maximum for primary.
Can U.S. persons buy SALRIO?
Not in the primary offering (Reg S Category 3). U.S. persons can only purchase on the secondary market (Uniswap V3) after the 12-month distribution compliance period ends.
How are dividends paid?
In BRLE (the BRL stablecoin on Base). Operator calls depositDividend() monthly. You call claim() from your wallet to pull your accrued BRLE — or any third-party can call claimFor(you).
Can I borrow against SALRIO?
Yes — deposit SALRIO as collateral on Morpho Blue and borrow USDC up to 62.5% LTV. Also tradeable on Uniswap V3 if you prefer instant liquidity.
Is there a lock-up?
No contract-level lock-up. However Reg S Category 3 imposes a 12-month "distribution compliance period" during which transfers outside the offshore community are restricted.

Ready to own Rio real estate?

1,861,310 SALRIO shares at R$ 1.00 par. Fractional equity, monthly BRLE dividends, DeFi-composable.

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