New project! Invest in new development in Marbella

Opportunity to invest in a new build project in Marbella.

New project! Invest in new development in Marbella

UPDATE 17/09/2024: Next Thursday, September 19, at 4:00 p.m. (UTC+2), we will open funding for the Salvia II – Tranche II project.

After the closure of the first phase (the Salvia II project), the manager has once again decided to trust us to increase our participation in the company, providing a new ticket of 2,500,000 euros to develop the same project.

You can find all the project details below. However, if you have any questions, you can ask them during the webinar we will hold with Grupo ABU on September 18 at 12:15 p.m. (UTC+2). We look forward to seeing you!


We have a new project at Urbanitae. We bring you the opportunity to invest in Marbella in new development during the second phase of the Salvia Project next Tuesday, September 3rd at 4 PM (UTC+2). The first phase was financed by Urbanitae in August 2023, located on the plot adjacent to this promotion. We provide all the details below.

The Salvia II project involves the development of a new residential promotion that includes 98 apartments with 2, 3, and 4 bedrooms and 4 commercial units in San Pedro de Alcántara (Marbella). All apartments include a garage, storage room, and terraces. The promotion also includes an outdoor pool, indoor heated pool, gym, spa, coworking space, social club, and landscaped areas.

The project is located in San Pedro de Alcántara, on Manuel González Portilla Street, one of the most sought-after areas within the Costa del Sol. The plot is five minutes by car from San Pedro de Alcántara beach and near several golf courses.

As it is the second phase of the project, it is almost identical to the one financed in phase I. However, Salvia II will have an additional apartment and one more basement. In addition, both projects include four commercial units located at the corners of the buildings and common areas.

The manager of this opportunity is Grupo ABU, a real estate developer with 25 years of experience in which they have delivered over 3,500 homes, mainly in Andalusia. In addition to their extensive track record, it’s worth noting that this would be the fourth promotion financed through Urbanitae, following the Uniqa, Manilva, and phase I of the Salvia Project residential projects.

Capital gains strategy

The project has a capital gains strategy. This means that we enter into a partnership with the developer to develop the promotion. Specifically, Urbanitae investors’ contribution will be used to support the startup costs of the project and part of the costs for acquiring the land, along with an external financing tranche that will complete the remaining payment.

The project ticket amounts to €2,500,000. Grupo ABU will handle the comprehensive management of the promotion and, together with the accompanying investors, will contribute 57% of the total investment capital.

Regarding the building permit, it has already been requested by the manager for the project’s execution. The granting is expected during the last quarter of 2024, considering the licensing timelines for phase I and that the project is very similar to the one already approved.

Marketing will be carried out with NVOGA Marbella Realty, the same agency that led the campaign in phase I of the Salvia Project and which has already achieved a commercial progress rate of 65%.

In this video, the developer and our CEO, Diego Bestard, explain the project details.

Profitability in 30-34 months

A period of 30-34 months has been estimated for the Salvia II project. In the first quarter, the capital increase and land acquisition are expected. Between the fourth quarter of 2024 and the first quarter of 2025, the building permit is expected to be obtained, and thus, the start of construction works. Between the first and second quarters of 2027, the occupancy license and the delivery of the homes are expected. Therefore, in the second quarter of 2027, the distribution of profits to investors is anticipated.

As with all capital gains projects, the regulator does not allow us to disclose estimated return figures. However, it can be easily calculated from the project sheet information. The formula for calculation is: (Revenue Forecast – Expense Estimate) / Total Equity.

Do you have questions? You can send them to us on our Telegram channel that we will hold with Grupo ABU next Friday the 30th at 12 PM (UTC+2). As always, we remind you that you can reach us at contacto@urbanitae.com and at (+34) 911 23 25 22. Don’t miss the chance to invest in the first line of the Costa del Sol with Urbanitae.

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