diff --git a/app/controllers/admin/budget_investments_controller.rb b/app/controllers/admin/budget_investments_controller.rb
index 7eee73a5d..2c27259ee 100644
--- a/app/controllers/admin/budget_investments_controller.rb
+++ b/app/controllers/admin/budget_investments_controller.rb
@@ -96,7 +96,7 @@ class Admin::BudgetInvestmentsController < Admin::BaseController
     def budget_investment_params
       params.require(:budget_investment)
             .permit(:title, :description, :external_url, :heading_id, :administrator_id, :tag_list,
-                    :valuation_tag_list, :incompatible, :selected, valuator_ids: [],
+                    :valuation_tag_list, :incompatible, :visible_to_valuators, :selected, valuator_ids: [],
                     valuator_group_ids: [])
     end
 
diff --git a/app/controllers/valuation/budget_investments_controller.rb b/app/controllers/valuation/budget_investments_controller.rb
index c4d19f66c..bf70d657b 100644
--- a/app/controllers/valuation/budget_investments_controller.rb
+++ b/app/controllers/valuation/budget_investments_controller.rb
@@ -17,7 +17,7 @@ class Valuation::BudgetInvestmentsController < Valuation::BaseController
   def index
     @heading_filters = heading_filters
     @investments = if current_user.valuator? && @budget.present?
-                     @budget.investments.scoped_filter(params_for_current_valuator, @current_filter)
+                     @budget.investments.visible_to_valuators.scoped_filter(params_for_current_valuator, @current_filter)
                             .order(cached_votes_up: :desc)
                             .page(params[:page])
                    else
diff --git a/app/models/budget/investment.rb b/app/models/budget/investment.rb
index 4f2775826..6a9b95cd4 100644
--- a/app/models/budget/investment.rb
+++ b/app/models/budget/investment.rb
@@ -63,6 +63,7 @@ class Budget
     scope :under_valuation,             -> { valuation_open.valuating.where("administrator_id IS NOT ?", nil) }
     scope :managed,                     -> { valuation_open.where(valuator_assignments_count: 0).where("administrator_id IS NOT ?", nil) }
     scope :valuating,                   -> { valuation_open.where("valuator_assignments_count > 0 OR valuator_group_assignments_count > 0" ) }
+    scope :visible_to_valuators,        -> { where(visible_to_valuators: true) }
     scope :valuation_finished,          -> { where(valuation_finished: true) }
     scope :valuation_finished_feasible, -> { where(valuation_finished: true, feasibility: "feasible") }
     scope :feasible,                    -> { where(feasibility: "feasible") }
diff --git a/app/views/admin/budget_investments/_investments.html.erb b/app/views/admin/budget_investments/_investments.html.erb
index ed6d784ef..da7a49749 100644
--- a/app/views/admin/budget_investments/_investments.html.erb
+++ b/app/views/admin/budget_investments/_investments.html.erb
@@ -28,8 +28,14 @@
         <th><%= t("admin.budget_investments.index.table_geozone") %></th>
         <th><%= t("admin.budget_investments.index.table_feasibility") %></th>
         <th class="text-center"><%= t("admin.budget_investments.index.table_valuation_finished") %></th>
-        <th class="text-center"><%= t("admin.budget_investments.index.table_selection") %></th>
-        <% if params[:filter] == "selected" %>
+        <th class="text-center">
+          <% if params[:filter] == "under_valuation" %>
+            <%= t("admin.budget_investments.index.table_evaluation") %>
+          <% else %>
+            <%= t("admin.budget_investments.index.table_selection") %>
+          <% end %>
+        </th>
+        <% if params[:filter]  == "selected" %>
           <th class="text-center"><%= t("admin.budget_investments.index.table_incompatible") %></th>
         <% end %>
       </tr>
@@ -78,7 +84,15 @@
           <td class="small text-center">
             <%= investment.valuation_finished? ? t("shared.yes"): t("shared.no") %>
           </td>
-          <td class="small">
+        <td class="small text-center">
+          <% if params[:filter] == "under_valuation" %>
+            <%= form_for [:admin, investment.budget, investment], remote: true do |f| %>
+              <%= f.check_box :visible_to_valuators,
+                              label: false,
+                              class: "js-submit-on-change",
+                              id: "budget_investment_visible_to_valuators" %>
+            <% end %>
+          <% else %>
             <% if investment.selected? %>
               <%= link_to_unless investment.budget.finished?,
                                  t("admin.budget_investments.index.selected"),
@@ -106,6 +120,7 @@
                                  remote: true,
                                  class: "button small hollow expanded" %>
             <% end %>
+            <% end %>
           </td>
           <% if params[:filter] == "selected" %>
             <td class="small text-center">
diff --git a/app/views/valuation/budget_investments/index.html.erb b/app/views/valuation/budget_investments/index.html.erb
index 5ec1adb30..361ead7fb 100644
--- a/app/views/valuation/budget_investments/index.html.erb
+++ b/app/views/valuation/budget_investments/index.html.erb
@@ -31,7 +31,7 @@
   </thead>
   <tbody>
     <% @investments.each do |investment| %>
-      <tr id="<%= dom_id(investment) %>">
+      <tr id="<%= dom_id(investment) %>" class="budget_investment">
         <td>
           <strong><%= investment.id %></strong>
         </td>
diff --git a/config/locales/en/admin.yml b/config/locales/en/admin.yml
index 671049163..c477fb875 100644
--- a/config/locales/en/admin.yml
+++ b/config/locales/en/admin.yml
@@ -188,6 +188,7 @@ en:
         table_feasibility: "Feasibility"
         table_valuation_finished: "Val. Fin."
         table_selection: "Selected"
+        table_evaluation: "Show to valuators"
         table_incompatible: "Incompatible"
       show:
         assigned_admin: Assigned administrator
diff --git a/config/locales/es/admin.yml b/config/locales/es/admin.yml
index 37b103923..496596ee3 100644
--- a/config/locales/es/admin.yml
+++ b/config/locales/es/admin.yml
@@ -188,6 +188,7 @@ es:
         table_feasibility: "Viabilidad"
         table_valuation_finished: "Ev. Fin."
         table_selection: "Seleccionado"
+        table_evaluation: "Mostrar a evaluadores"
         table_incompatible: "Incompatible"
       show:
         assigned_admin: Administrador asignado
diff --git a/db/dev_seeds/budgets.rb b/db/dev_seeds/budgets.rb
index 243785e0a..4740ed407 100644
--- a/db/dev_seeds/budgets.rb
+++ b/db/dev_seeds/budgets.rb
@@ -56,6 +56,12 @@ section "Creating Investments" do
   end
 end
 
+section "Marking investments as visible to valuators" do
+  (1..50).to_a.sample.times do
+    Budget::Investment.reorder("RANDOM()").first.update(visible_to_valuators: true)
+  end
+end
+
 section "Geolocating Investments" do
   Budget.all.each do |budget|
     budget.investments.each do |investment|
diff --git a/db/migrate/20180116151008_add_visible_to_valuators_to_budget_investment.rb b/db/migrate/20180116151008_add_visible_to_valuators_to_budget_investment.rb
new file mode 100644
index 000000000..8a04a14a5
--- /dev/null
+++ b/db/migrate/20180116151008_add_visible_to_valuators_to_budget_investment.rb
@@ -0,0 +1,5 @@
+class AddVisibleToValuatorsToBudgetInvestment < ActiveRecord::Migration
+  def change
+    add_column :budget_investments, :visible_to_valuators, :boolean, default: false
+  end
+end
diff --git a/db/schema.rb b/db/schema.rb
index 5a83bebe6..c1ee88246 100644
--- a/db/schema.rb
+++ b/db/schema.rb
@@ -163,6 +163,7 @@ ActiveRecord::Schema.define(version: 20180320104823) do
     t.boolean  "incompatible",                                default: false
     t.integer  "community_id"
     t.integer  "valuator_group_assignments_count",            default: 0
+    t.boolean  "visible_to_valuators",                  default: false
   end
 
   add_index "budget_investments", ["administrator_id"], name: "index_budget_investments_on_administrator_id", using: :btree
diff --git a/spec/factories.rb b/spec/factories.rb
index 8f872daaf..cb937e698 100644
--- a/spec/factories.rb
+++ b/spec/factories.rb
@@ -342,6 +342,10 @@ FactoryBot.define do
       winner true
     end
 
+    trait :visible_to_valuators do
+      visible_to_valuators true
+    end
+
     trait :incompatible do
       selected
       incompatible true
diff --git a/spec/features/admin/budget_investments_spec.rb b/spec/features/admin/budget_investments_spec.rb
index 3b75e9b92..fe386bbaa 100644
--- a/spec/features/admin/budget_investments_spec.rb
+++ b/spec/features/admin/budget_investments_spec.rb
@@ -8,8 +8,8 @@ feature 'Admin budget investments' do
   end
 
   background do
-    admin = create(:administrator)
-    login_as(admin.user)
+    @admin = create(:administrator)
+    login_as(@admin.user)
   end
 
   context "Feature flag" do
@@ -951,6 +951,110 @@ feature 'Admin budget investments' do
     end
   end
 
+  context "Mark as visible to valuators" do
+    let(:valuator) { create(:valuator) }
+    let(:admin) { create(:administrator) }
+
+    let(:group) { create(:budget_group, budget: budget) }
+    let(:heading) { create(:budget_heading, group: group) }
+
+    let(:investment1) { create(:budget_investment, heading: heading) }
+    let(:investment2) { create(:budget_investment, heading: heading) }
+
+    scenario "Mark as visible to valuator", :js do
+      investment1.valuators << valuator
+      investment2.valuators << valuator
+      investment1.update(administrator: admin)
+      investment2.update(administrator: admin)
+
+      visit admin_budget_budget_investments_path(budget)
+      within('#filter-subnav') { click_link 'Under valuation' }
+
+      within("#budget_investment_#{investment1.id}") do
+        check "budget_investment_visible_to_valuators"
+      end
+
+      visit admin_budget_budget_investments_path(budget)
+      within('#filter-subnav') { click_link 'Under valuation' }
+
+      within("#budget_investment_#{investment1.id}") do
+        expect(find("#budget_investment_visible_to_valuators")).to be_checked
+      end
+    end
+
+    scenario "Shows the correct investments to valuators" do
+      investment1.update(visible_to_valuators: true)
+      investment2.update(visible_to_valuators: false)
+
+      investment1.valuators << valuator
+      investment2.valuators << valuator
+      investment1.update(administrator: admin)
+      investment2.update(administrator: admin)
+
+      login_as(valuator.user.reload)
+      visit root_path
+      click_link "Admin"
+      click_link "Valuation"
+
+      within "#budget_#{budget.id}" do
+        click_link "Evaluate"
+      end
+
+      expect(page).to     have_content investment1.title
+      expect(page).not_to have_content investment2.title
+    end
+
+    scenario "Unmark as visible to valuator", :js do
+      Setting['feature.budgets.valuators_allowed'] = true
+
+      investment1.valuators << valuator
+      investment2.valuators << valuator
+      investment1.update(administrator: admin)
+      investment2.update(administrator: admin)
+
+      visit admin_budget_budget_investments_path(budget)
+      within('#filter-subnav') { click_link 'Under valuation' }
+
+      within("#budget_investment_#{investment1.id}") do
+        uncheck "budget_investment_visible_to_valuators"
+      end
+
+      visit admin_budget_budget_investments_path(budget)
+      within('#filter-subnav') { click_link 'Under valuation' }
+
+      within("#budget_investment_#{investment1.id}") do
+        expect(find("#budget_investment_visible_to_valuators")).not_to be_checked
+      end
+    end
+
+    scenario "Showing the valuating checkbox" do
+      investment1 = create(:budget_investment, budget: budget, visible_to_valuators: true)
+      investment2 = create(:budget_investment, budget: budget, visible_to_valuators: false)
+
+      investment1.valuators << create(:valuator)
+      investment2.valuators << create(:valuator)
+      investment2.valuators << create(:valuator)
+      investment1.update(administrator: create(:administrator))
+      investment2.update(administrator: create(:administrator))
+
+      visit admin_budget_budget_investments_path(budget)
+
+      expect(page).not_to have_css("#budget_investment_visible_to_valuators")
+
+      within('#filter-subnav') { click_link 'Under valuation' }
+
+      within("#budget_investment_#{investment1.id}") do
+        valuating_checkbox = find('#budget_investment_visible_to_valuators')
+        expect(valuating_checkbox).to be_checked
+      end
+
+      within("#budget_investment_#{investment2.id}") do
+        valuating_checkbox = find('#budget_investment_visible_to_valuators')
+        expect(valuating_checkbox).not_to be_checked
+      end
+    end
+  end
+
   context "Selecting csv" do
 
     scenario "Downloading CSV file" do
diff --git a/spec/features/valuation/budget_investments_spec.rb b/spec/features/valuation/budget_investments_spec.rb
index b23aee7ec..5d9b4fa4a 100644
--- a/spec/features/valuation/budget_investments_spec.rb
+++ b/spec/features/valuation/budget_investments_spec.rb
@@ -26,8 +26,8 @@ feature 'Valuation budget investments' do
   end
 
   scenario 'Index shows budget investments assigned to current valuator' do
-    investment1 = create(:budget_investment, budget: budget)
-    investment2 = create(:budget_investment, budget: budget)
+    investment1 = create(:budget_investment, :visible_to_valuators, budget: budget)
+    investment2 = create(:budget_investment, :visible_to_valuators, budget: budget)
 
     investment1.valuators << valuator
 
@@ -38,8 +38,8 @@ feature 'Valuation budget investments' do
   end
 
   scenario 'Index shows no budget investment to admins no valuators' do
-    investment1 = create(:budget_investment, budget: budget)
-    investment2 = create(:budget_investment, budget: budget)
+    investment1 = create(:budget_investment, :visible_to_valuators, budget: budget)
+    investment2 = create(:budget_investment, :visible_to_valuators, budget: budget)
 
     investment1.valuators << valuator
 
@@ -52,9 +52,9 @@ feature 'Valuation budget investments' do
   end
 
   scenario 'Index orders budget investments by votes' do
-    investment10  = create(:budget_investment, budget: budget, cached_votes_up: 10)
-    investment100 = create(:budget_investment, budget: budget, cached_votes_up: 100)
-    investment1   = create(:budget_investment, budget: budget, cached_votes_up: 1)
+    investment10  = create(:budget_investment, :visible_to_valuators, budget: budget, cached_votes_up: 10)
+    investment100 = create(:budget_investment, :visible_to_valuators, budget: budget, cached_votes_up: 100)
+    investment1   = create(:budget_investment, :visible_to_valuators, budget: budget, cached_votes_up: 1)
 
     investment1.valuators << valuator
     investment10.valuators << valuator
@@ -66,27 +66,48 @@ feature 'Valuation budget investments' do
     expect(investment10.title).to appear_before(investment1.title)
   end
 
+  scenario 'Index displays investments paginated' do
+    per_page = Kaminari.config.default_per_page
+    (per_page + 2).times do
+      investment = create(:budget_investment, :visible_to_valuators, budget: budget)
+      investment.valuators << valuator
+    end
+
+    visit valuation_budget_budget_investments_path(budget)
+
+    expect(page).to have_css('.budget_investment', count: per_page)
+
+    within("ul.pagination") do
+      expect(page).to have_content("1")
+      expect(page).to have_content("2")
+      expect(page).not_to have_content("3")
+      click_link "Next", exact: false
+    end
+
+    expect(page).to have_css('.budget_investment', count: 2)
+  end
+
   scenario "Index filtering by heading", :js do
     group = create(:budget_group, budget: budget)
     valuating_heading = create(:budget_heading, name: "Only Valuating", group: group)
     valuating_finished_heading = create(:budget_heading, name: "Valuating&Finished", group: group)
     finished_heading = create(:budget_heading, name: "Only Finished", group: group)
-    create(:budget_investment, title: "Valuating Investment ONE",
+    create(:budget_investment, :visible_to_valuators, title: "Valuating Investment ONE",
                                heading: valuating_heading,
                                group: group,
                                budget: budget,
                                valuators: [valuator])
-    create(:budget_investment, title: "Valuating Investment TWO",
+    create(:budget_investment, :visible_to_valuators, title: "Valuating Investment TWO",
                                heading: valuating_finished_heading,
                                group: group,
                                budget: budget,
                                valuators: [valuator])
-    create(:budget_investment, :finished, title: "Finished ONE",
+    create(:budget_investment, :finished, :visible_to_valuators, title: "Finished ONE",
                                           heading: valuating_finished_heading,
                                           group: group,
                                           budget: budget,
                                           valuators: [valuator])
-    create(:budget_investment, :finished, title: "Finished TWO",
+    create(:budget_investment, :finished, :visible_to_valuators, title: "Finished TWO",
                                           heading: finished_heading,
                                           group: group,
                                           budget: budget,
@@ -162,9 +183,10 @@ feature 'Valuation budget investments' do
   end
 
   scenario "Index filtering by valuation status" do
-    valuating = create(:budget_investment, budget: budget, title: "Ongoing valuation")
-    valuated  = create(:budget_investment, budget: budget, title: "Old idea",
-                                           valuation_finished: true)
+    valuating = create(:budget_investment, :visible_to_valuators,
+                                            budget: budget, title: "Ongoing valuation")
+    valuated  = create(:budget_investment, :visible_to_valuators,
+                                            budget: budget, title: "Old idea", valuation_finished: true)
     valuating.valuators << valuator
     valuated.valuators << valuator
 
@@ -194,7 +216,7 @@ feature 'Valuation budget investments' do
     let(:investment) do
       create(:budget_investment, budget: budget, price: 1234, feasibility: 'unfeasible',
                                  unfeasibility_explanation: 'It is impossible',
-                                 administrator: administrator)
+                                 administrator: administrator,)
     end
 
     background do
@@ -202,8 +224,10 @@ feature 'Valuation budget investments' do
     end
 
     scenario 'visible for assigned valuators' do
+      investment.update(visible_to_valuators: true)
       visit valuation_budget_budget_investments_path(budget)
 
+
       click_link investment.title
 
       expect(page).to have_content(investment.title)
@@ -267,6 +291,8 @@ feature 'Valuation budget investments' do
     end
 
     scenario 'Dossier empty by default' do
+      investment.update(visible_to_valuators: true)
+
       visit valuation_budget_budget_investments_path(budget)
       click_link investment.title
 
@@ -278,6 +304,7 @@ feature 'Valuation budget investments' do
     end
 
     scenario 'Edit dossier' do
+      investment.update(visible_to_valuators: true)
       visit valuation_budget_budget_investments_path(budget)
       within("#budget_investment_#{investment.id}") do
         click_link "Edit dossier"
@@ -379,6 +406,8 @@ feature 'Valuation budget investments' do
     end
 
     scenario 'Finish valuation' do
+      investment.update(visible_to_valuators: true)
+
       visit valuation_budget_budget_investment_path(budget, investment)
       click_link 'Edit dossier'
 
@@ -436,7 +465,10 @@ feature 'Valuation budget investments' do
     end
 
     scenario 'Validates price formats' do
+      investment.update(visible_to_valuators: true)
+
       visit valuation_budget_budget_investments_path(budget)
+
       within("#budget_investment_#{investment.id}") do
         click_link "Edit dossier"
       end