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Itaim BibiSP

Regency Tower e Royal Tower

On the border between Itaim and Jardim Europa, two sister towers share a single plot and a single condominium. Each has one flat per floor; between them, more than seventeen hundred square metres of land that has never been built on.

Rua Jerônimo da Veiga, 225, Jardim Europa, São Paulo/SP · Itaim Bibi, São Paulo/SP · CEP 04536-000

  • 3–4 suites
  • 225–440 m²
  • 2–4 parking spaces
Completion
1988
Per floor
1

History

The condominium was formed on 13 June 1988, the date on which the Receita Federal registers the opening of the CNPJ under the corporate name Condomínio Edifício Regency Tower / Royal Tower — the double name is official, not a registration error: the two buildings have always been a single condominium. Market records place delivery in 1987, and the municipality’s aerophotogrammetric survey already shows the two towers standing. The authorship of the project and the development are not documented in any public source and are therefore not attributed here.

  • Concept: two towers, one family per floor in each, and the land treated as garden rather than podium.
  • Curiosities: the building has two names because it has two bodies, and the market writes the pair every possible way — with a slash, with “and”, sometimes just half of it. Worth knowing: anyone advertising just “Royal Tower” or just “Regency Tower” is advertising the same address. Rua Jerônimo da Veiga concentrates a cluster of towers with English names — Lancaster Gardens at 197, Imperial Tower at 249, Noble Tower at 305 — and 177 Jerônimo, much more recent, sits less than a block away.

Architecture and aesthetics

The decision that defines the complex is on the ground. On a 2,156 m² plot, the two towers rest on footprints of 261 m² and 246 m² — together, a little under a quarter of the land. The municipality records practically no podium: there is no continuous covered parking slab topped by a playground, which became the standard in the following decades. What is left over is free ground, and an estate agent who knows the condominium from the inside describes it as 1,706 m² of free ground-floor area with garden — a figure that matches the municipal survey. The towers are not twins in height: the survey measures one at about 59 metres and the other at about 66. With a single flat per floor in each block, the lift opens straight into the family’s hall and the layout occupies the whole floor plate, with openings on more than one face. The common areas and the façade went through a refurbishment, with painting carried out in 2023.

Aesthetics and scarcity

Rarity

Technical specifications

  • Towers and units: 2 towers — Regency Tower and Royal Tower — in a single condominium, with 1 flat per floor in each.
  • Sizes: 225 to 440 m², with 3 and 4 bedrooms and 3 to 4 suites; some suites have a private balcony.
  • Parking: 2 to 4, depending on the unit; there is a private storage unit in the garage in some layouts.
  • Structural highlights: two independent towers on a single plot, with no continuous podium; about 1,700 m² of free, landscaped ground; one flat per floor in each tower.
  • Registry and parameters: plot of 2,156 m² · 2 towers · footprints of 261 m² and 246 m² (24% of the plot) · measured heights of about 59 m and 66 m · 1 flat per floor · private areas from 225 to 440 m² · 3 to 4 suites · 2 to 4 parking spaces · condominium formed in 1988 · registry jurisdiction 4º Registro de Imóveis de São Paulo (Jardim Paulista subdistrict) · zoning ZEU, Lei 16.402/2016.

Leisure and facilities

  • Heated pool
  • Two gyms
  • Fitness and pilates room
  • Children’s playroom
  • Equipped party room
  • Playground
  • Ground-floor garden
  • Armoured 24-hour reception
  • Closed-circuit TV
  • Facial-recognition access control
  • Vehicle tag reader

Location and surroundings

Points of interest · distances in metres

Itaim Bibi: the address

Rua Jerônimo da Veiga is one of the seams between two neighbourhoods that the market treats as one and the post office keeps apart: Itaim Bibi, of restaurants, offices and Faria Lima, and Jardim Europa, of houses and wide blocks, which is the official postcode neighbourhood for this number. Being on the border is the advantage. The street is short and residential, and even so number 225 is less than three hundred metres from Faria Lima and a step from Avenida Nove de Julho — the two arteries that connect this block to the rest of the city. The Faria Lima underground station serves the area, and Esporte Clube Pinheiros and Iguatemi are a few minutes away by car. It’s an address that gained value without changing character: the recent verticalisation happened on the avenues, not on this block.

In the Fragata Clube

Conception & construction

The project’s conception, construction decisions and the stories that don’t make it into the sales material. Information reserved for the Club — available to buyers and residents in conversation with their advisor.

Curiosities

Finishing details, unit types and the building’s strengths that only someone who knows the building from the inside can tell. Information reserved for the Club — available to buyers and residents in conversation with their advisor.

Residents & Behind the scenes

The profile of those who chose this address and the community that formed here. Information reserved for the Club — available to buyers and residents in conversation with their advisor.

Internal intelligence

The real sales history of the address, the reading of appreciation and liquidity, and everything Fragata closely tracks about the life of each condominium. Information reserved for the Club — available to buyers and residents in conversation with their advisor.

Taxes & fees · of the purchase price

ITBI · São Paulo municipality3%
Deed · registry fee table~0,45%
Registration · registry fee table~0,31%

Reference rates on the unit value. The exact calculation, with the registry brackets for the case, comes with your advisor's proposal.

Simulator · Fragata Clube

R$ 2.500.000
30% · R$ 750.000
20 years

Estimated payment

R$ 19.123/month

Amount financed

R$ 1.750.000

Down payment

R$ 750.000

Relationship rate 0,99% a.m. · Tabela Price (constant-payment amortization) · indicative figures.

Reference terms, subject to credit analysis and the profile of each deal. Tabela Price · indicative figures.

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