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El Serrallo Apartment Building $343,328 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 complete renovation.
- Possibility for residential, multifamily, or tourist development, with various planned typologies and surface areas.
Executive Summary
The building is located in the Serrallo neighborhood in Tarragona, an area traditionally associated with fishing activities and recognized for its unique identity within the city's urban fabric. Its location in this established environment places it in an area of growing interest, both residentially and for its potential linked to new uses.
The property is distributed across three open-plan floors, offering significant flexibility in defining interior spaces. It is currently presented as a structure ready for the development of a comprehensive rehabilitation project. The property is delivered with an approved technical project that includes a floor expansion and various development alternatives, adaptable to different approaches.
Among the proposed options is residential use, with the possibility of creating two apartments and a duplex of 83 m². A multifamily configuration is also considered, with four independent apartments. Additionally, a tourist use option has been studied, allowing for the creation of seven tourist apartments of 18 m² each, distributed with one unit on the ground floor and two per floor on the upper levels, with the final execution of this plan pending.
Serrallo is characterized by its strong maritime identity, evident in its urban surroundings, the presence of the fish market, the dock, and the marina. At the same time, the neighborhood has undergone progressive development, incorporating services, cultural activities, and a gastronomic offering tied to the waterfront. Its proximity to the sea, along with its promenades and open spaces, makes it an increasingly integrated area within the city's dynamics, with sustained demand from both residents and visitors.
The property is distributed across three open-plan floors, offering significant flexibility in defining interior spaces. It is currently presented as a structure ready for the development of a comprehensive rehabilitation project. The property is delivered with an approved technical project that includes a floor expansion and various development alternatives, adaptable to different approaches.
Among the proposed options is residential use, with the possibility of creating two apartments and a duplex of 83 m². A multifamily configuration is also considered, with four independent apartments. Additionally, a tourist use option has been studied, allowing for the creation of seven tourist apartments of 18 m² each, distributed with one unit on the ground floor and two per floor on the upper levels, with the final execution of this plan pending.
Serrallo is characterized by its strong maritime identity, evident in its urban surroundings, the presence of the fish market, the dock, and the marina. At the same time, the neighborhood has undergone progressive development, incorporating services, cultural activities, and a gastronomic offering tied to the waterfront. Its proximity to the sea, along with its promenades and open spaces, makes it an increasingly integrated area within the city's dynamics, with sustained demand from both residents and visitors.
Property Facts
| Price | $343,328 | 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 | $343,328 |
| 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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