Overview
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VIDA I officially closed on January 21, 2025, marking a major milestone in our journey. The fund was created to invest in high-impact hospitality projects in Portugal. Now, with over €20 million raised, dozens of investors supported, and one transformative project already underway, we look back on VIDA I’s success and what’s ahead with VIDA II.
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VIDA I at a Glance

• Capital Raised: Over €20 million
• Investor Base: 50+ global investors
• Funds Deployed: 25% deployed to date (Villas d’Água)
• Remaining Capital: 75% to be deployed by end of 2025

Project Spotlight: Villas d’Água
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VIDA I’s flagship investment, Villas d’Água, demonstrates the fund’s potential to transform distressed hospitality assets into premium coastal destinations.
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Acquisition & Vision

• Purchased in December 2022 through an exclusive off-market negotiation
• 37 premium villas located on Algarve’s Golden Coast
• Total property: 34,640m² beachfront land
• Total investment: €11.1M (€5.7M in equity, 50% leverage)
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Renovation Highlights (Before & After)

• Before: Dated interiors, underused outdoor space, low revenue potential
• After:
  • Renovated kitchens and living spaces
  • Updated interiors with high-end furnishings
  • New landscaping and refreshed communal areas
  • Elevated branding and repositioning underway

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Future Upgrades in 2025

• Planned launch of beach club, fine dining restaurant, gym, and spa
• Brand partnerships and booking channels in development
• Expansion of luxury guest experience offerings

Financial Performance & Projections

• Revenue Growth: Expected to increase 2.5x post-renovation
• Target IRR: 22% for investors
• Stabilization: On track for mid-2025 stabilization

Market Lessons from VIDA I
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Our experience reinforced several key insights about Portugal’s hospitality sector:

• Portugal’s hotel market is projected to grow from €1.11B in 2025 to €1.26B by 2029
• Renovation-first strategies unlock massive value in overlooked assets
• Tourism and real estate demand remain strong, especially in coastal regions

Looking Ahead: VIDA II Launching March 1, 2025
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VIDA II will continue this proven model:

• Focus on underperforming, high-potential hospitality assets
• Shorter fundraising cycle for faster market entry
• Stronger operating team and institutional structure
• Clear investor pipeline already underway

VIDA Capital’s Ongoing Support

We offer:

• Full legal, financial, and application support
• Direct communication with partners and fund managers
• Transparent reporting and investor updates
• Strategic hospitality expertise in the Portuguese market
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Final Thoughts
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VIDA I proved that well-targeted hospitality investments in Portugal can deliver both financial upside and lasting transformation. As we launch VIDA II, we do so with a stronger foundation, a sharper strategy, and a renewed commitment to long-term value.