NORFOREST

Name

NORFOREST

Legal name

Norforest S. L.

Website

https://norforest.com

Company type

Private

Founded year

2011

Operating status

Operating

Headcount range

11–50 employees

Ownership category

akta.pro rank

Product category

Premium Residential Real Estate Development

NAICS

Offices of Real Estate Agents and Brokers (53121)

SIC

Land Subdividers & Developers (No Cemeteries) (6552)

akta.pro primary industry

New Construction & Builder Sales (BPAJAAAB)

akta.pro secondary industry

Luxury & High-End Residential Brokerage (BPAJAAAC)

Keywords

• Premium residential development
• Real estate development
• Housing construction
• Property sales
• Residential properties

Headquarters

HQ city

Alcobendas

HQ country

Spain

HQ region

Europe

Offices2 records

Markets served

GTM type

B2C

Offering type

Hardware or Manufacturing

Cost components

Supply Chain, Operations, Infrastructure, Personnel, Marketing or Sales, Technology or R&D

Revenue model

1. Residential Property Sales: Revenue generated from developing and selling premium residential properties. Properties include apartments, duplexes, and single-family homes in exclusive locations in Valladolid and Madrid.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels2 records

Core offering

NORFOREST is a Spanish real estate developer (promotora) that develops and sells premium residential properties — apartments, duplexes, penthouses, and single-family homes — in exclusive locations in Valladolid and Madrid. Each property is delivered as a branded, individually marketed development with Class A energy efficiency, premium materials, and turnkey finishes, sold directly to end buyers through the company's own commercial offices.

Product overview

NORFOREST is a premium residential real estate developer operating primarily in Valladolid and Madrid, Spain. The company's portfolio is organized as a set of individual branded residential developments — each constituting a distinct named product — rather than a unified software platform. Properties span from boutique urban conversions (Edificio Calderón, Leopoldo Cano 7, Edificio Manzana 4, Edificio Caño Argales, Bajada de la Libertad 15-17) to larger complexes with amenities (Residencial Viveros, Edificio NIRA, Las Terrazas del Prado, Edificio NOA, Torre Ariza) and luxury offerings (C20 Retiro in Madrid, Miguel Aracil 31 in Madrid). All projects emphasize energy efficiency rating A, quality materials, and premium finishes as shared differentiators. The company has over 350 dwellings in active development across its portfolio.

Differentiator

Problem solved

Functional benefit

Products and services

• Residencial Viveros A residential complex of 179 dwellings near the Los Viveros / University Campus area in Valladolid, featuring private green zones, a pool, gym, and gastroteca. Dwellings range from 1 to 4 bedrooms and the project targets affluent buyers seeking amenity-rich homes in Valladolid.
• Edificio Calderón A historic building in central Valladolid offering 23 homes of 1 to 5 bedrooms with garage, located on the corner of Bajada de la Libertad, Echegaray, and Las Angustias streets facing the Teatro Calderón. Targeted at buyers seeking a heritage-located premium residence in Valladolid.
• C20 Retiro An exclusive residential building in Madrid's Retiro area featuring a rooftop pool, located in a quiet neighborhood. Targeted at premium Madrid home buyers, with commercial listing handled through Gilmar.
• Edificio NIRA A development of 39 dwellings in a garden-surrounded setting in Valladolid, featuring terrace, pool, garage, and storage. Residences include 1-, 2-, and 3-bedroom typologies and target buyers seeking amenity-rich homes.
• Torre Ariza A mixed-use tower at Paseo Arco de Ladrillo 66 in Valladolid's Ciudad de la Comunicación, featuring 6–7 dwellings per floor in 1- to 4-bedroom typologies, penthouse terraces, garage, storage, and a gourmet lounge. First floor is designated for offices.
• Las Terrazas del Prado A residential complex near the Centro Cultural Miguel Delibes and Estadio José Zorrilla in Valladolid, offering green areas, a gym, and terraces. Located close to Plaza Mayor de Villa del Prado with nearby schools and services.
• Edificio NOA A singular building on Paseo de Zorrilla in Valladolid's greenest area, offering 1- and 2-bedroom homes, top-floor penthouses, and a large private green zone. Targeted at buyers seeking a high-end green-zone residence in Valladolid.
• Puerta de San Pablo A residential building in Valladolid's historic casco urbano near the Museo Nacional de Escultura, featuring private green zones and terraces facing landmarks including the Iglesia de San Pablo and Palacio Pimentel.
• Edificio Manzana 4 Exclusive furnished apartments and duplexes located 20 meters from Plaza Mayor in Valladolid, available for sale or rent and delivered turnkey with energy efficiency rating A. Targeted at buyers or renters seeking a fully finished, centrally located home.
• Leopoldo Cano 7 10 exclusive homes with garage and storage in Valladolid's historic center, featuring furnished kitchens and Porcelanosa-quality finishes. Targeted at buyers seeking a heritage-location home with premium materials.
• Miguel Aracil 31 Open-plan dwellings with large windows, wide terraces, and gardens near Av. de la Ilustración in Madrid, featuring Class A energy efficiency, ground-floor gardens, a pool, and garage. Targeted at premium Madrid home buyers seeking modern amenity-rich residences.
• Edificio Caño Argales 18 exclusive homes in central Valladolid with garage and storage, plus commercial premises, delivered with energy efficiency rating A. Mixed-use residential/commercial project in a central location.

Segments1 record

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature1 record

Scale indicators3 records

Recent moves5 records

Expansion highlights4 records

Broad incumbents

• Metrovacesa: Spanish listed real estate company with a sizeable residential development business and large Madrid/Castilla land bank; competes with NORFOREST for the same premium home buyer pool and prime urban locations.
• Neinor Homes: Largest pure-play Spanish residential developer listed on the Spanish continuous market, delivering premium new-build homes across Spain including Madrid — overlapping NORFOREST's buyer profile and two-city footprint but at materially greater scale.
• Habitat Inmobiliaria: Spanish residential developer backed by Bain Capital, focused on first-home and second-home segments with presence across Spain including Madrid; comparable product strategy but broader geographic reach than NORFOREST.
• Aedas Homes: Spanish listed homebuilder active in Madrid and other major regions with a focus on mid-to-high-end residential developments; comparable product type and customer segment to NORFOREST but with a national footprint and institutional capital base.
• Vía Célere: Spanish residential developer (owned by Via Augusta) specializing in new-build homes with strong Madrid presence; competes in the same premium new-construction segment as NORFOREST and shares the energy-efficiency and amenitized-project emphasis.
• Realia: Spanish real estate company with residential development activity across Madrid and other regions, controlled by Carlos Slim's FCC; broader portfolio than NORFOREST but overlapping in Spanish urban residential product.

Direct peers

• GMP Property Socimi: Madrid-focused residential and office developer with a strong track record of premium urban projects in the Spanish capital; closest large-scale peer to NORFOREST's premium Madrid positioning and boutique-project approach.
• Domo Hispania: Spanish residential developer focused on quality urban new-build projects in Madrid and other major Spanish cities; comparable product type, target customer, and premium-quality positioning to NORFOREST.
• Avintia Inmobiliaria: Spanish residential developer (part of the Avintia Group) building premium and mid-market housing primarily in Madrid and central Spain; directly comparable product mix and geography to NORFOREST.

Regional players

• Inmobiliaria del Sur: Spanish residential developer concentrated in Andalusia (especially Málaga and Seville); comparable product (premium urban apartments) and developer model but different regional footprint than NORFOREST's Valladolid/Madrid base.

Market position

Strengths4 records

Weaknesses5 records

Competitive moat3 records

Key risks6 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/norforest

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about NORFOREST