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El Serrallo Apartment Building $349,353 Tarragona, Tarragona 43004



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INVESTMENT HIGHLIGHTS
- Building located in the Serrallo neighborhood, a well-established area of Tarragona with a maritime identity and urban development potential.
- Delivered with an approved technical project that includes plant expansion and various usage configurations.
- Property distributed over three open-plan floors, ready for a complete renovation.
- Possibility for residential, multifamily, or tourist development, with different planned types and surfaces.
EXECUTIVE SUMMARY
The building is located in the Serrallo neighborhood in Tarragona, an area traditionally linked to fishing activities and recognized for its unique identity within the city's urban landscape. Its location in this established environment places it in an area of growing interest, both residentially and for its potential for new uses.
The property is distributed over three open-plan floors, allowing for high flexibility in defining interior spaces. It is currently presented as a structure ready for a comprehensive rehabilitation project. The property comes with an approved technical project that includes a floor expansion and various development alternatives, adaptable to different approaches.
Among the planned options is residential use, with the possibility of setting up two apartments and an 83 m2 duplex. A multifamily configuration is also considered, with four independent apartments. Additionally, a tourist use option has been studied, allowing for the creation of seven 18 m2 tourist apartments, distributed with one unit on the ground floor and two per floor on the upper levels, with the final development of this plan pending execution.
El Serrallo is characterized by its strong maritime character, visible in its urban environment, the presence of the fish market, the dock, and the marina. At the same time, the neighborhood has undergone progressive evolution, incorporating services, cultural activities, and a gastronomic offering linked to the waterfront. Its proximity to the sea, along with its promenades and open spaces, makes it an increasingly integrated area in the city's dynamics, with sustained demand from both residents and visitors.
The property is distributed over three open-plan floors, allowing for high flexibility in defining interior spaces. It is currently presented as a structure ready for a comprehensive rehabilitation project. The property comes with an approved technical project that includes a floor expansion and various development alternatives, adaptable to different approaches.
Among the planned options is residential use, with the possibility of setting up two apartments and an 83 m2 duplex. A multifamily configuration is also considered, with four independent apartments. Additionally, a tourist use option has been studied, allowing for the creation of seven 18 m2 tourist apartments, distributed with one unit on the ground floor and two per floor on the upper levels, with the final development of this plan pending execution.
El Serrallo is characterized by its strong maritime character, visible in its urban environment, the presence of the fish market, the dock, and the marina. At the same time, the neighborhood has undergone progressive evolution, incorporating services, cultural activities, and a gastronomic offering linked to the waterfront. Its proximity to the sea, along with its promenades and open spaces, makes it an increasingly integrated area in the city's dynamics, with sustained demand from both residents and visitors.
PROPERTY FACTS
| Price | $349,353 | Apartment Style | Low-Rise |
| Sale Type | Investment | Building Class | C |
| Property Type | Multifamily | Building Size | < 15,000 SF |
| Property Subtype | Year Built | 1900 - 1909 |
| Price | $349,353 |
| Sale Type | Investment |
| Property Type | Multifamily |
| Property Subtype | |
| Apartment Style | Low-Rise |
| Building Class | C |
| Building Size | < 15,000 SF |
| Year Built | 1900 - 1909 |
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