Holy cleavage! Alessandra Ambrosio put her hot body on display in a super-revealing bright-pink gown at a Vogue Carnival party in Sao Paulo, Brazil, on Thursday, Feb. 20.

The eye-catching Roberto Cavalli design featured a plunging neckline cut nearly to her navel, exposing the Victoria's Secret model's more-than-ample cleavage. It also had midriff cutouts and a thigh-high slit.

To complete the look, the 32-year-old mom of two (to daughter Anja, 5, and son Noah, 21 months) accessorized with silver heels, a silver cuff, and a matching silver clutch. She wore her brunette hair in a messy side-braid, with flowers weaved throughout.

Speaking about her style with Us Weekly back in February 2013, the Brazilian stunner said she likes revealing pieces. "I love the dresses that have a little transparency, like a nice slit," she explained, noting that she tries to "live life as if it's a vacation."

Tell Us: What do you think of Alessandra Ambrosio's Carnival outfit? Is it so hot, or so not?

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Alessandra Ambrosio Exposes Crazy Cleavage in Revealing Hot-Pink Gown: So Hot or So Not?

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Alessandra Ambrosio Exposes Crazy Cleavage in Revealing Hot-Pink Gown: So Hot or So Not?