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Carrer de Smith, 16 0.13 Acres of Residential Land Offered at $375,087 in Tarragona, Tarragona 43004
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Investment Highlights
- Plot of 534 m² in the heart of Tarragona, offering high visibility and commercial potential.
- Indicative project: 12 multifamily housing units (4 per floor) and a commercial space on the ground floor.
- Total estimated buildable area: 1,635 m² (multi-family residential + ground floor commercial).
- Strategic location with immediate access to services and public transportation.
Executive Summary
Urban plot of 534 m² located in the heart of Tarragona, boasting a strategic location that enhances its appeal for developers and investors. The site offers ideal building parameters for developing a mixed-use project that combines multifamily residential units with commercial space on the ground floor.
The approximate buildable area amounts to 1,635 m², distributed across a typical layout of Ground Floor plus three upper floors. The preliminary plan envisions 534 m² allocated for commercial use on the ground floor and approximately 1,101 m² designated for multifamily housing, with the potential to create up to 12 residential units (4 per floor), adhering to the standard of 80 m² per unit as defined by the module.
Its central urban location enhances the asset's value, situated in a highly established area with close proximity to services, public transportation, leisure areas, and retail, ensuring demand for both sales and rentals. This is a unique opportunity for real estate projects aimed at maximizing land use in prime areas.
The approximate buildable area amounts to 1,635 m², distributed across a typical layout of Ground Floor plus three upper floors. The preliminary plan envisions 534 m² allocated for commercial use on the ground floor and approximately 1,101 m² designated for multifamily housing, with the potential to create up to 12 residential units (4 per floor), adhering to the standard of 80 m² per unit as defined by the module.
Its central urban location enhances the asset's value, situated in a highly established area with close proximity to services, public transportation, leisure areas, and retail, ensuring demand for both sales and rentals. This is a unique opportunity for real estate projects aimed at maximizing land use in prime areas.
Property Facts
| Price | $375,087 | Property Subtype | Residential |
| Sale Type | Investment | Proposed Use | Multifamily |
| No. Lots | 1 | Total Lot Size | 0.13 AC |
| Property Type | Land |
| Price | $375,087 |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Residential |
| Proposed Use | Multifamily |
| Total Lot Size | 0.13 AC |
1 Lot Available
Lot
| Price | $375,087 | Lot Size | 0.13 AC |
| Price Per AC | $2,842,514.40 |
| Price | $375,087 |
| Price Per AC | $2,842,514.40 |
| Lot Size | 0.13 AC |
Urban land with residential use, no prior construction, and no slope.
Description
The plot is located in Tarragona, at 14 Smith Street, with an approximate area of 534 m². It is estimated to have a buildable area of up to 1,635 m² designated for residential use (1,101 m²) and commercial use on the ground floor (534 m²), with a maximum projected height of ground floor plus three stories. Potential development includes 12 residential units and one commercial space in accordance with current regulations.
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Carrer de Smith, 16
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