Win A Rio Apartment
If you'd like to become the owner of a flat in Rio De Janiero, Brazil then this is the competition for you. On offer is a two bedroom loft style spacious apartment that boasts panoramic views. Tickets aren't cheap for this Raffall competition as they cost £25 a piece.
Launched: 14th January 2021 Closes: 26th June 2021
Location: Rio De Janiero,
House Value: £500000 (2 Bedrooms)
Ticket Price: £25.00
Minimum Ticket Target: 200000 Tickets Sold: Unknown
Cash Alternative: 75% of ticket sales
Swedish Photographer Carl Andersson has stayed in Rio for the last 15 years. However he's now had to move to London and is aiming to sell his desirable loft style spacious flat via a raffle. As far as we're aware this is the first South American property we've featured and most certainly the first in Brazil. The apartment is located in the Gloria district of the city and offers views of Aterro do Flamengo park, Guanabara bay and Flamengo beach. You can find out more about the location and see images of the property at Andersson's website.
How To Enter
The apartment consists of two bedrooms, a spacious kitchen with lots of storage and a stunning view over the bay. A bespoke bookcase, handmade furniture, two bathrooms and a spacious walk-in closet complete the property package. In fairness it does look amazing so do try and check out the images. No details are given about the valuation of the property, any service charges that may arise annually or the process of buying/selling property in Brazil. However the prize package does include £8000 to spend on the flat and £2500 to purchase flights to Brazil. Some cash prizes will be offered to runners up.
To enter the raffle you need to be registered with Raffall. This can be done via Facebook or email login. Once at the house raffle page it's a case of answering a question and purchasing tickets. The question pops up in a window which we found disappeared very quickly. Tickets cost £2.50 each and there's no limit to the number you can purchase. You can purchase online using debit cards. As far as we're aware no donations are going to be made to good causes.
200,000 Ticket Sales
The promoter hopes to sell 200,000 tickets (total revenue £5million) to conclude the draw. If insufficient tickets are sold then the winners will receive a share of the compensation amounting to 75% of all ticket sales. All compensation payments are guaranteed and paid directly by Raffall Limited. This should offer more assurance to entrants about the legitimacy of the promotion. Note that you can see the number of entrants only if you've purchased a ticket for yourself.
This is not going to sell via a raffle. As much as we love the look of the property and it's stunning views we're not sure people are going to part with £25 to buy a ticket. And as other properties with cheaper ticket prices can't manage 200,000 sales we'd be amazed to see this one complete the feat. We would love to know the valuation of the property though because surely it must be worth a fortune if the promoter is aiming to pull in £5million from this promotion?
Disclaimer: Details shown above were correct at time of writing and are provided for information purposes only. Images are used under fair use policy. Map location is approximated by Google based on postcode/location info. Any links provided are not an endorsement from Loquax. In some cases Loquax may earn a referral fee from sales this does not effect our review. We strongly advise all visitors do due diligence on each contest before deciding to enter. Terms and conditions apply. Begambleaware.org.
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