Rimini · Emilia-Romagna · Italy
Gardens of Rimini
A master-planned residential investment opportunity on Italy's Adriatic coast.
- 35 Private Villas
- 28 Apartments
- 4 Commercial Units
- 24,000 m² Site
- 10,000 m² Central Park
- Approx. €24.0M GDV
Private Investment Opportunity · Developed by Kappa Group
02 — Executive Investment Snapshot
Investment snapshot
Gardens of Rimini is a 2.4-hectare master-planned residential development by Kappa Group comprising 35 private villas, 28 apartments in two residential buildings, four flexible commercial units, underground parking and a 10,000 m² landscaped central park.
The approved apartment, commercial, parking and urbanization components, combined with the phased implementation model, provide a clear framework for controlled capital deployment and progressive project delivery.
Land area
2.4 ha
24,000 m²
Landscaped park
10,000 m²
Private villas
35
Apartments
28
Commercial units
4
Gross Development Value
≈ €24M
Construction start
Q4 2026
Development phases
3 × 12
36 months
Implementation period
36 months
Permitting
Advanced stage
03 — Investment Highlights
Why this project
01
Large master-planned site
24,000 m² of contiguous land under a single planning framework, allowing coordinated delivery of villas, residences and infrastructure.
02
Diversified residential product
67 saleable products across three price tiers reduce dependence on a single buyer profile or absorption channel.
03
Significant green infrastructure
A 10,000 m² landscaped central park forms roughly 42% of the site and anchors long-term product positioning.
04
Advanced permitting stage
Building permit obtained for both residences, apartments, commercial units, underground parking and urbanization.
05
Phased capital deployment
Three consecutive 12-month phases allow capital to be committed progressively against delivery and sales.
06
Multiple sales channels
Villas at fixed unit prices, apartments priced per square metre, commercial space sold separately or consolidated.
07
Rimini–Riccione catchment
Established coastal residential market with constrained new-build supply and complex authorisation procedures.
08
Experienced project developer
Kappa Group acts as land owner and developer of the project, aligning ownership with execution.
04 — Location
Rimini, Emilia-Romagna
The site sits within the Rimini–Riccione coastal corridor, connected to the national motorway and rail network and within reach of Bologna, Venice, Florence and Milan. The exact street address is not disclosed publicly.
Rimini & Riccione
approx. 10–15 minutes by car
Adriatic sea
approx. 10 minutes by car
Rimini historic centre
approx. 15 minutes by car
Airport, rail, motorway
International Airport of Rimini and San Marino, rail and motorway links
Indicative travel time — subject to traffic conditions.
The project is strategically located in Emilia-Romagna, with convenient access to Riccione, the Adriatic coast and key cities across Northern and Central Italy, including Bologna, Florence, Venice and Milan.
05 — Rimini Market
Market at a Glance
Selected official indicators highlighting the scale and resilience of the location.
150,272
Rimini population
Comune di Rimini · 2025
69,443
Households
Comune di Rimini · 2025
+681
Net migration balance
Comune di Rimini · 2025
95,080
Working-age residents
Age 15–64 · Comune di Rimini · 2025
11.88M
Tourist arrivals in Emilia-Romagna
Regione Emilia-Romagna · 2024
40.78M
Tourist overnight stays in Emilia-Romagna
Regione Emilia-Romagna · 2024
Sources: Comune di Rimini; Regione Emilia-Romagna. Latest available official data.
06 — Project History and Transformation
From planning framework to investment product
The site was previously covered by an urban planning agreement involving a larger multi-family residential programme. A significant part of the wider urbanisation obligations and public infrastructure was previously completed, including major roads, parking and utility preparation.
01
Historical planning framework
High-density multi-family programme under the previous urban planning agreement.
02
Optimized residential concept
Density reduced, 35 private villas introduced, two residences, flexible commercial space, underground parking and a landscaped park.
03
Current investment project
63 residential units and 4 commercial units delivered across three construction phases.
09 — Masterplan
Masterplan
10 — Project Program
Project Composition
Key components of the Gardens of Rimini residential development.
- 35 private villas
- 28 apartments
- 2 residential buildings
- 4 commercial units
- Underground parking
- Surface parking
- Internal roads
- Pedestrian routes
- Landscaped park — 10,000 m²
- Engineering infrastructure
- Shared green areas
12 — Villas
35 private villas
Villas are offered at a fixed price per completed unit.
| Type | Quantity | Price per villa | Projected revenue |
|---|---|---|---|
| Type C4 | 5 | €500,000 | €2,500,000 |
| Types E1 / E2 / BF | 30 | €430,000 | €12,900,000 |
| Total villas | 35 | — | €15,400,000 |
Type C4
- Quantity
- 5 villas
- Price per villa
- €500,000
- Projected revenue
- €2,500,000
Types E1 / E2 / BF
- Quantity
- 30 villas
- Price per villa
- €430,000
- Projected revenue
- €12,900,000
- Total villas
- 35 villas
- Total projected revenue
- €15,400,000
15 — Residences
28 apartments in two residences
Apartments are priced at €3,200 per sellable square metre.
| Building | Apartments |
|---|---|
| Building A | 10 |
| Building C1 | 18 |
| Total | 28 |
- Total sellable area
- 2,442.74 m²
- Price per m²
- €3,200/m²
- Projected revenue
- €7,816,768
16 — Floor plans
Floor plans
Approved architectural plans for Buildings A and C1, level by level, plus the Villa C4 and Villetta Piccola layouts. Additional buildings will be added as drawings are released.
Switch building to view its floor plans
01 / 05
A · Basement level
Open full size17 — Commercial
Four flexible commercial units
The four commercial units may be sold separately or combined into one commercial floor.
| Unit | Area | Price |
|---|---|---|
| U.I. 1 | 68.25 m² | €204,750 |
| U.I. 2 | 68.25 m² | €204,750 |
| U.I. 3 | 57.97 m² | €173,910 |
| U.I. 4 | 71.81 m² | €215,430 |
| Total | 266.28 m² | €798,840 |
U.I. 1
68.25 m²
€204,750
U.I. 2
68.25 m²
€204,750
U.I. 3
57.97 m²
€173,910
U.I. 4
71.81 m²
€215,430
68.25 m²
€204,750
68.25 m²
€204,750
57.97 m²
€173,910
71.81 m²
€215,430
20 — Permits and Risk
Project Status
Permits Obtained
- Two residential buildings
- 28 apartments
- 4 commercial units
- Underground parking
- Site urbanization
Final Approval Stage
35 private villas
Currently under final administrative review.
Awaiting final approval from the Municipality of Rimini.
19 — Financial Snapshot
Financial Snapshot
€24.0M
Projected GDV
2.4 ha
Project site
63
Residential units
4
Commercial units
3
Development phases
Q4 2026
Planned construction start
The detailed financial model and investment structure are available to qualified investors upon request.
21 — Development Timeline
Three Phases · 36 Months
Planned construction start — Q4 2026.
- 01
Phase 1
Q4 2026 — Q3 2027
- 02
Phase 2
Q4 2027 — Q3 2028
- 03
Phase 3
Q4 2028 — Q3 2029
- 04
Project completion
Q3 2029
22 — Investment Opportunity
Transaction structures under consideration
Final transaction terms have not been confirmed. The structures below are the formats the developer is prepared to discuss.
- 01Full project acquisition
- 02Equity investment into project SPV
- 03Joint venture with Kappa Group
- 04Development financing
- 05Construction partnership
- 06Phase-specific financing
- 07Mezzanine financing
- 08Bank financing support
- Investment structure
- To be confirmed
- Capital required
- To be confirmed
- Equity offered
- To be confirmed
- Investor rights
- To be confirmed
- Developer contribution
- To be confirmed
- Land contribution
- To be confirmed
- Bank financing
- To be confirmed
- Preferred return
- To be confirmed
- Profit sharing
- To be confirmed
- Security package
- To be confirmed
- Exit strategy
- To be confirmed
- Expected duration
- To be confirmed
23 — Kappa Group
Kappa Group
Italian real estate developer and owner of the Gardens of Rimini project.
24 — Data Room
Investment Data Room
Complete legal, technical, architectural and financial documentation is available to qualified investors upon request following execution of an NDA.