Sertenge

What Sertenge does

Sertenge (legal name SERTENGE ENGENHARIA S/A) is a Brazilian construction and real estate development company headquartered in Salvador, Bahia, with a regional office in Rio de Janeiro. Established around 1979, the company has accumulated 45 years of operating history, constructed more than 3 million square meters, and delivered over 32,000 housing units across 45+ developments in Salvador. The business operates a hybrid model: a direct-to-consumer residential real estate arm selling apartments, premium mansions, and lot condominiums (e.g., Seletto Salvador Norte, Move Itaigara, Condomínio Villamarine, Orchestra Canela, Bellavitta Residencial, Lumina Residencial) primarily through physical sales stands, sales offices, WhatsApp, and a self-serve client portal; and a B2B construction services arm delivering industrial plants, commercial buildings, institutional infrastructure, sanitation projects, and heritage restoration for clients including Petrobras, Veracel Celulose, Votorantim Celulose, Walmart (Hiper Bompreço), SENAI/Cimatec, Tribunal de Justiça da Bahia, and Bahia Pulp.

The company's core technology is conventional construction and engineering execution, supported by ISO 9001 quality and PBQP-H Nível A certifications, which qualify it for participation in Brazilian affordable housing programs such as Minha Casa Minha Vida / Casa Verde e Amarela. Customer-facing technology is limited to a website with simulator and digital book downloads, a WhatsApp sales channel, and a CV CRM client portal. Revenue is generated from one-time property sales (residential units and lots) under multi-year contractual relationships, with subsidized buyer financing provided through a core partnership with Caixa Econômica Federal, plus project-based professional services revenue from B2B/industrial/government construction contracts. Customer segments are split between individual homebuyers and families (primary) and government/institutional and industrial/commercial clients (secondary).

Name

Sertenge

Legal name

SERTENGE ENGENHARIA S/A

Website

https://sertenge.com.br

Company type

Private

Founded year

1979

Operating status

Operating

Headcount range

251–500 employees

Short description

Sertenge is a Brazilian construction and real estate developer headquartered in Salvador, Bahia, with 45 years of history, 3+ million m² built, and 32,000+ housing units delivered. It serves individual homebuyers through direct sales and B2B clients including Petrobras, Veracel, and Tribunal de Justiça da Bahia via construction services.

Ownership category

akta.pro rank

Headquarters

HQ city

Salvador

HQ country

Brazil

HQ region

Latin America

Offices2 records

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Supply Chain, Personnel, Operations, Marketing or Sales, Infrastructure, Others

Revenue model

1. Real Estate Development and Sales: Development and sale of residential real estate projects including apartments, condominiums, and lots. Revenue generated from property sales to individual buyers, with financing options through government programs.
2. Construction Services for Third Parties: B2B construction services provided to other companies, government entities, and institutions. Portfolio includes industrial plants, commercial buildings, infrastructure, and institutional projects.

Pricing tiers

Go-to-market motion2 records

Distribution channels4 records

Marketing channels6 records

Core offering

Sertenge is a Brazilian construction and real estate development company that develops, builds, and sells its own residential real estate projects — apartment condominiums, lot condominiums, and luxury houses — primarily in Salvador and Lauro de Freitas, Bahia. In parallel, it delivers B2B construction and engineering services to industrial, commercial, institutional, and government clients across segments such as buildings, housing, industry, infrastructure, sanitation, and heritage restoration. The company also provides full-service construction for third parties, supported by ISO 9001 and PBQP-H Nível A quality certifications.

Product overview

Sertenge is a Brazilian construction and real estate development company with 45 years of history, operating in residential and commercial real estate development. The company offers a portfolio of residential products including apartment condominiums (Orchestra Canela, Bellavitta Residencial, Lumina Residencial, Move Itaigara, Seletto Salvador Norte, Volare Imbuí, Horto Ápice, Graciumilda Pessoa de Souza Residencial), lot condominiums (Condomínio Villamarine), and house projects (Mansão Maria da Luz de Almeida Quérette, Mansão Aquarius Marcial, Nautillus Jardim Armação). Many projects participate in government housing programs like Minha Casa Minha Vida and Casa Verde e Amarela. The products range from affordable housing (1 bedroom studios from 33m²) to premium options (4 bedroom mansions up to 136m²), primarily located in Salvador and Lauro de Freitas, Bahia.

Differentiator

Problem solved

Functional benefit

Products and services

• Orchestra Canela Residential condominium project in Salvador's Canela neighborhood offering 3-bedroom (1 suite) and 2-bedroom (1 suite) apartments with office. Marketed as '100% sold and delivered' to individual families and homebuyers.
• Bellavitta Residencial Minha Casa Minha Vida affordable-housing residential condominium in Jardim Nova Esperança (Salvador) with 2-bedroom and studio options, sold with subsidized government financing through Caixa Econômica Federal. Marketed as '100% sold and delivered'.
• Lumina Residencial Residential condominium 3 minutes from Av. Paralela in Salvador offering 2-bedroom Garden units, 2-bedroom units, and 1-bedroom studios with full leisure amenities. Sold and delivered to individual homebuyers.
• Condomínio Villamarine Exclusive 40-lot condominium on Avenida Priscila Dutra in Lauro de Freitas for individual lot buyers, featuring modern architecture and well-being amenities.
• Move Itaigara Residential launch in Salvador's Itaigara neighborhood offering 3-bedroom suites with toilet and 2-bedroom suites, targeting affluent families seeking proximity to schools, banks, shopping, and parks.
• Seletto Salvador Norte Casa Verde e Amarela affordable-housing project near Salvador Norte Shopping with 2-bedroom apartments (44.02 m² and 33.68 m² options), complete leisure infrastructure (pool, sports court, gym, multi-sport space), and subsidized financing. Recognized with Prêmio Ademi BA 2023.
• Volare Imbuí Completed club condominium at the highest point of Salvador's Imbuí neighborhood, offering 3- and 2-bedroom apartments with suites and balconies across two towers with extensive leisure and social amenities.
• Mansão Maria da Luz de Almeida Quérette Completed premium 4-suite house project in one of the last privileged areas of Loteamento Aquarius (Salvador), located in front of the main square, targeting affluent individual buyers.
• Mansão Aquarius Marcial Completed 136 m² 3-suite luxury home project with office and intelligent layout in Loteamento Aquarius (Salvador), the first 3-suite + office + play house project in the area, targeting high-end individual buyers.
• Nautillus Jardim Armação Completed 4-bedroom luxury house project in Jardim Armação (Salvador) with 3 suites, toilet, laundry room, and privileged view, offering easy access to the beach and city for affluent individual buyers.
• Horto Ápice Completed two-tower residential project in Horto Florestal (Salvador) — Essence tower with 4-bedroom/3-suite units (3 layouts) and Paysage tower with 3-bedroom/2-suite units (2 layouts) — for families and individual homebuyers.
• Graciumilda Pessoa de Souza Residencial Completed residential project in Salvador's Canela neighborhood with complete leisure infrastructure, targeted at families and individual homebuyers.
• B2B Construction and Engineering Services (Habitação, Edificações, Indústria, Restauração, Infraestrutura, Saneamento) Multi-segment construction and engineering services delivered to industrial (e.g., Petrobras, Veracel Celulose, Votorantim Celulose), commercial (e.g., Walmart), institutional (e.g., Tribunal de Justiça da Bahia), and government clients across buildings, housing, industry, infrastructure, sanitation, and heritage restoration segments. Sold through direct B2B sales on a project basis.

Quantifiable outcome

• 45 years of existence
• +7 more outcomes

Named customers8 records

Segments3 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

One partnership is on record.

• Caixa Econômica FederalcoreChannel Partner/ Reseller/ DistributorPartnership with government bank for Minha Casa Minha Vida and Casa Verde e Amarela housing financing programs. Enables subsidized mortgages and reduced interest rates for homebuyers across Sertenge residential projects including Seletto Salvador Norte, Lumina Residencial, and Bellavitta Residencial.

Scale indicators5 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• Cury Construtora: Brazilian residential developer with concentrated Minha Casa Minha Vida / Casa Verde Amarela exposure. Mirrors Sertenge's subsidy-financed, regional volume-builder strategy at a larger public-company scale.
• Direcional Engenharia: Brazilian developer focused on the lower-income housing segment enrolled in federal housing programs. Directly comparable business model to Sertenge's affordable residential pipeline under Casa Verde e Amarela.
• Even Construtora: Brazilian residential real estate developer serving a similar first-time buyer and family demographic. Comparable to Sertenge on residential product mix, though Even leans more towards higher-income segments in São Paulo.
• Construtora Tenda: Brazilian homebuilder focused on the affordable segment under federal housing programs. Closely comparable on customer base (first-time buyers) and the Caixa-fed financing mechanism Sertenge relies on.
• Trisul: Brazilian residential developer with focus on the mid- and entry-income segments across multiple states. Comparable real estate development product line and target buyer, though largely concentrated in Brazil's South/Southeast.
• MRV Engenharia: Brazil's largest residential developer with national coverage and significant Minha Casa Minha Vida exposure. Most directly comparable as a Caixa-aligned, MCMV-active residential developer pursuing volume in regional markets like Bahia, although operating at materially larger scale.

Broad incumbents

• Cyrela Brazil Realty: One of the largest publicly traded Brazilian real estate developers with national coverage and a portfolio spanning residential segments. Comparable on residential development product and Caixa-style financing access, though at materially larger and more diversified scale.
• Gafisa: Brazilian publicly traded homebuilder with national exposure across multiple income segments. Comparable as a residential developer, but Gafisa operates at considerably larger scale and has a different geographic mix.
• EZTec: Long-established São Paulo-based Brazilian real estate developer with a track record of high-end and mid-income residential launches. Comparable in vertical (residential development) but operates in a different geography and at higher price points than Sertenge.

Regional players

• Plaenge Empreendimentos: Mid-sized Brazilian residential developer operating primarily in the Midwest (Mato Grosso do Sul) and other regional markets. Comparable as a privately controlled regional developer with own-development + construction services, though in a different Brazilian region than Sertenge's Bahia/Northeast base.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat4 records

Key risks5 records

Key highlights6 records

Customer concentration

• YouTubeyoutube.com/channel/UCJbYsZ-ewCCc3-Amvn-cxNw/featured?view_as=subscriber
• Facebookfacebook.com/sertenge
• Instagraminstagram.com/sertengeengenharia
• LinkedInlinkedin.com/company/sertenge

Compliance2 records

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 Sertenge