Modulare Incorporadora Developer Review 2026
Professional assessment of Modulare Incorporadora — track record, quality, market reputation, and investor outlook.
The Short Version
Modulare Empreendimentos is a developer with a 10-year history in Florianópolis, founded in 2015. The company's name often causes confusion with prefabricated construction technology — in reality, it refers to flexible, "modular" floor plans within units and a cooperative SPE ("preço de custo") model, not factory-built construction.
Headline figures: founded 2015, 10 years in the Florianópolis market, R$1.5 billion announced across Rancho Queimado projects (whole region), #1 first vertical project in Rancho Queimado's history, Plan B Overall Developer Score 6.8/10.
Company Overview & Methodological Note
Some source material describes Modulare as an "innovative modular/prefabricated construction" developer. This isn't supported by the evidence — per the company's own website and independent sources, Modulare's actual specialty is flexible modular floor plans (reconfigurable studios, lofts, duplexes) combined with a cooperative SPE "preço de custo" model — the same structure we covered in detail in our separate article on SPE risks and mechanics.
Portfolio — specific projects, not generic claims: Maxxi Garden (Cachoeira do Bom Jesus) — a "Home Club" concept near Sapiens Parque, the same innovation-park catalyst we covered in our Canasvieiras guide, 80 units, from R$289K, delivery H2 2027. Maxxi View (Jurerê/Canajurê) — ocean view, architect Robson Nascimento (award-winning, published internationally), 1–4 bedroom units from 25 to 262 m², SPE model, delivery 2027–2028.
A Major Catalyst: Maxxi Valley in Rancho Queimado
Modulare was among the first major companies to spot the potential of Rancho Queimado — and is now building the city's first-ever vertical residential project, Maxxi Valley Residence.
Precise positioning — not a coincidence: the project sits exactly at the city's new entrance point — where a viaduct is being built on the BR-282 highway (km 59, R$19M in federal investment, completing July 2026). The architecture follows a "mountain contemporary" style. CEO Jorge Falcão: "Modulare isn't just following the city's growth — we're here to be part of this new moment for Rancho Queimado." The company released an English-language video specifically targeting international investors — a deliberate global outreach strategy.
Maxxi Valley and the Alpes Catarina ski-resort project (R$1.5 billion), already covered in our separate Rancho Queimado guide, are jointly cited as the key signals to watch for whether the region's investment cycle plays out.
Track Record & Quality
Plan B Developer Score: Delivery 7.0/10. Quality 7.0/10. Stability 6.5/10. Satisfaction 7.0/10. Reputation 6.5/10. Transparency 6.5/10. Overall 6.8/10. Plan B Expert Assessment — subjective evaluation based on market analysis. Not financial advice.
Modulare is a younger company with a developing track record compared to developers operating for 20–30 years. Early projects show promising construction speed and quality, but the company needs a few more years of completed deliveries to build a full statistical picture.
Strengths
Flexible, modular floor plans — a concrete mechanism: after buying a unit with a base floor plan, the buyer can select one of 2-3 alternative layouts; the window to change stays open until the architectural project is finalized before construction. SPE "preço de custo" model — a transparent cost-price structure, the same model covered separately in our SPE guide; requires understanding the mechanics, but delivers real cost without an intermediary markup.
Early market vision — among the first major developers to see Rancho Queimado's potential, before it became obvious. Notable architecture — Robson Nascimento on Maxxi View, a recognized architect published in international outlets.
Areas to Consider
Younger track record — 10 years in the market, less than established players like CFL (since 2006). Fewer completed properties for full statistics. SPE model requires understanding — "preço de custo" isn't a fixed price, the final cost depends on the cooperative's structure; important to understand the mechanics before buying. Rancho Queimado — an unproven cycle — the first vertical project in a new region for the company is both an opportunity and an uncertainty, the market hasn't completed a full cycle yet.
Plan B Verdict — Modulare Empreendimentos
⚠ CONSIDER — for innovative floor-plan design, monitor the track record. Modulare is a growing developer with flexible, "modular" floor plans and a transparent SPE "preço de custo" model (not to be confused with prefabricated building construction technology — this is about unit configuration, not factory production). A younger track record means more uncertainty, but also an opportunity for early buyers to secure competitive pricing.
Best suited to investors comfortable working with a newer developer and interested in flexible housing formats. Worth watching the track record over the next 2–3 years as more projects complete — especially Maxxi Valley, the first vertical project in Rancho Queimado: the early-positioning model is promising but not yet tested through a full cycle in this market.
This material is for informational purposes only and does not constitute investment advice. Assessment based on publicly available information, market data, and buyer feedback. Plan B Brazil acts as an independent advisor, is not affiliated with Modulare Empreendimentos, and is not a developer.
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