Urbanitae’s first year in Portugal saw €28.8M financed in real estate projects, surpassing targets by 44% and transforming investment landscapes.
In the realm of Portugal’s real estate development, Urbanitae has emerged as a formidable player, having successfully financed a remarkable €28.8 million in various projects within its inaugural year of operations in the country. This achievement not only surpassed the initial target by an impressive 44%, but it also underscored Urbanitae’s pivotal role in reshaping the landscape of real estate financing through crowdfunding mechanisms.
The platform, which operates as a Spanish real estate crowdfunding entity, has strategically invested in eight diverse projects across five prominent cities: Porto, Lisbon, Cascais, Gondomar, and Oeiras. Among these ventures, the ‘Baron Forrester’ project stands out as a historical milestone, representing the largest crowdfunding initiative in Portugal’s real estate sector, with an investment cap of five million euros—the maximum permissible under current legislation.
The portfolio of Urbanitae in Portugal is characterized by its diversity, encompassing various segments of the real estate market. Notably, four projects are situated within the luxury segment—Quinta dos Pinheiros, Castilho 3, Quinta do Cedro, and Paulo Duque—collectively attracting investments exceeding 12 million euros. Additionally, the platform has financed two tourist accommodation projects, namely Barão Forrester and Júlio Dinis, which together account for an aggregate investment of 9.8 million euros.
Urbanitae has adeptly cultivated relationships with esteemed developers, collaborating with five notable entities in 2024: Vogue Homes, Emanuelle Investments, Adriparte, Mexto, and Caler Advisory & Asset Management. Noteworthy is the fact that two of these developers have opted to renew their partnerships, with Vogue Homes engaging in three projects and Caler Advisory & Asset Management participating in two.
Following a year of operations that exceeded expectations, Urbanitae is poised to accelerate its growth trajectory in Portugal. The ambitious goal for 2025 is to double the total volume of investments while expanding its operational footprint to new cities and enhancing the diversity of funded projects. With over 7,600 investments under management and a dedicated team led by Simão Cruz and Thomaz d’Orey, Urbanitae is strategically positioned to continue its transformative impact on the Portugal’s real estate market, offering a plethora of opportunities for both investors and developers alike.
