The project Vale da Rosa consists of a set of 84 plots of land integrated in 3 Urbanistic Operations (UO).
105,7 hectares of land already featured in the Urban Plan of Vale da Rosa (PPVR) approved by Setubal city hall.
Located in the east part of the city, between the Arrábida Natural Park and the Sado River estuary, a "meeting point" between the sea, the river, and nature.
The owning Fund has changed the use of 75 plots out of 84 to residential (mainly) and services through the approval of a Preliminary Information Plan (PIP), creating a potential GCA above-ground of 167,108 sq.m ( 158,427 sq.m for multi-family housing and the remain for services).
For the remaining 8 properties, the owning fund submitted two PIPs and received approval for two urbanistic operations, whereas one is for commercial use and the other for a parceling of urban space (for residential and economic activities), with the 1st having a GCA of 40,950 sq.m and the 2nd 31,782 sq.m (31,062 sq.m for housing and 600 sq.m for commercial use).
The total GCA foreseen for residential use tops 189,489 sq.m
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Additional note from the owning fund: Apart from the 3 urbanistic operations which will become effective with the revision of the Municipal Master Plan (PDM) in 2Q2021, the owning fund is also selling the rustic land attached with roughly 71,4ha.
The City Council of Setúbal approved the Setúbal City of Knowledge Strategic Plan, featuring an investment of 800 million euros for the transforming of Vale da Rosa into a space for Education, Innovation, and Economic Development. ( announced on 18/3/2021 | VISÂO Magazine)
The City of Knowledge Strategic Plan was drawn up following a protocol signed in February 2020 between the municipality and Pitroda Group LLC., by Sam Pitroda, an international investor and philanthropist who became interested in the potential of the region.
The property is located in Fontainhas Parish, one of the most traditional neighborhoods within Setúbal, just in front of Sado River.
The surrounding area combines the proximity of the city center with easy access to the main connections to get in and out of the city, both by car, bus, boat, or train.
The region offers a great variety of street retail, gastronomy, and cultural spots
The city of Setúbal is located on the northern bank of the Sado River estuary, approximately 48 kilometers (30 miles) south of Portugal’s capital, Lisbon.
The city is also connected with the nearby coast of the Arrábida hills natural park - which offers unspoiled nature and beautiful beaches to the Atlantic Ocean.
Across the river on the south bank lies the peninsula of Tróia, a place with vast white/golden sand beaches where several luxury hotels and resorts were recently built. The Tróia peninsula can be sighted from the city, across the river. Albarquel, Figueirinha, Galápos, Galapinhos, Creiro and Portinho da Arrábida are some of the city’s many beaches, located in the north bank of the estuary, at the very beginning of the Arrábida hills
We offer the most clean and direct information about the opportunities on display.
Lisboa, Porto, Algarve and high potencial value growth regions, preferably off-market and low exposed deals.
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We are a Real Estate Investment Consultancy firm, that provides a range of services to investors and work along side with them during their venture in Portugal. We also provide brokerage services to sellers.
All companies operating in the real estate industry in Portugal providing real estate investment/transaction services and advisory are regulated and licensed by IMPIC - Instituto dos Mercados Públicos do Imobiliário e da Construção. Our license to provide brokerage services is AMI-18990.
We are mainly a Real Estate Consultancy firm, where we select, transact and manage investment opportunities in the real estate market.
Within the scope of the Investors Club, in some specific pool-funded projects we also participate as an Equity partner.
We have a professional team with experience and local knowledge that covers all the steps needed to carry out an investment in Portugal, namely:
We cover all the strategies that match our client risk profile:
CORE
Target IRR: 4-6%;
Return composition: focus on income;
Trophy assets, long lease terms and triple-A tenants in prime locations.
CORE +
Target IRR: 10-14%;
Return composition: focus on income + appreciation;
Assets with upside potential: repositioning, moderate rehabilitation.
VALUE-ADD
Target IRR: 10-14%;
Return composition: focus on income + appreciation;
Assets with upside potential: repositioning, moderate reabilitation.
OPPORTUNISTIC
Target IRR: >15%;
Return composition: focus on appreciation;
Distressed assets, full rehabilitation or greenfield developments.
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Investors need to be part of the Investors Club. Our team prepares an Investment Memorandum (IM) for each project and, under a Non-Disclosure Agreement (NDA), presents it to the Investors Club Members, inviting them to take an equity share in the asset through a Special Purpose Vehicle (SPV).
No, but we can support the investor throughout the financing process with local banks.
