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Global Properties

941m² Commercial property in Salou, Spain No. 292389

$ 1 964 350
$ 2 088 per m²
941 Living space, m²
Salou, Spain
Parameters
Living space, m²
941
ID
292389
Type
Commercial property
Completion date
IV quarter, 2025
Property description
TRANSFORMATION OF 5 COMMERCIAL PREMISES INTO 10 APARTMENTS

The purpose of this real estate project is the “TRANSFORMATION OF FIVE (5) COMMERCIAL PREMISES INTO TEN (10) APARTMENTS”, through their prior acquisition “under advantageous conditions”, obtaining the necessary permits and licenses, carrying out the corresponding construction works, and their immediate marketing and sale.

The project and the properties involved are located in the municipality of Salou (province of Tarragona), at 6 Calle Burguera, one of the most important tourist destinations in Catalonia and Spain. The property is situated in the town’s main summer area, just a 5-minute walk from the promenade, beaches, and shopping areas, and 5 minutes on foot from PortAventura.

The property currently consists of 5 commercial premises, with a total area of 1,981 m², distributed as 941 m² built + 1,040 m² of private-use terraces, all on a single ground floor with direct street access. The proposed apartment sizes range from 80.
83 m² to 118.09 m², featuring various layouts designed to meet current market demand.

The apartments are planned to feature high-quality finishes, fully equipped kitchens, efficient air-conditioning systems, and double-glazed windows to enhance thermal and acoustic insulation.

The 10-apartment development will also include communal areas, equipped with a shared swimming pool and gardens.
Statistics Salou
$ 2 760
Price per m²
192
Quality of Life Index
52
Cost of living Index
Parameters
[:second_city:]
Tarragona
Difference
Monthly Rent Cost
1-Room Apartment
$ 930
2-Room Apartment
$ 808
Apartment Purchase Price per m²
In the City Center
$ 2 760
Outside the City Center
$ 1 260
Crime Index
34
Cost of Living and Rent Index
37
Purchasing Power Index
120
Property Price to Income Ratio
5
Safety Index
66
Traffic CO₂ Index
1330
Traffic Inefficiency Index
13
Rent Index
19
Health Care Index
76
Groceries Index
54
Pollution Index
52
Traffic Commute Time Index
13
Restaurant Price Index
55
Climate Index
93
Cost of Living Index
52
Quality of Life Index
192
Traffic Index
56
Restaurants
Meal, Inexpensive Restaurant
$ 18.40
Meal for 2 People, Mid-range Restaurant, Three-course
$ 57.49
McMeal at McDonalds (or Equivalent Combo Meal)
$ 9.20
Domestic Beer (0.5 liter draught)
$ 3.45
Imported Beer (0.33 liter bottle)
$ 4.02
Coke/Pepsi (0.33 liter bottle)
$ 2.53
Water (0.33 liter bottle)
$ 2.01
Cappuccino (regular)
$ 2.64
Markets
Milk (regular), (1 liter)
$ 1.26
Loaf of Fresh White Bread (500g)
$ 2.00
Eggs (regular) (12)
$ 3.59
Local Cheese (1kg)
$ 13.51
Water (1.5 liter bottle)
$ 0.68
Bottle of Wine (Mid-Range)
$ 5.17
Domestic Beer (0.5 liter bottle)
$ 2.02
Imported Beer (0.33 liter bottle)
$ 1.84
Cigarettes 20 Pack (Marlboro)
$ 6.32
Apples (1kg)
$ 2.87
Chicken Fillets (1kg)
$ 12.07
Oranges (1kg)
$ 2.93
Potato (1kg)
$ 1.64
Lettuce (1 head)
$ 1.51
Rice (white), (1kg)
$ 1.48
Tomato (1kg)
$ 2.69
Banana (1kg)
$ 2.59
Onion (1kg)
$ 2.01
Beef Round (1kg) (or Equivalent Back Leg Red Meat)
$ 14.95
Transportation
One-way Ticket (Local Transport)
$ 1.78
Monthly Pass (Regular Price)
$ 28.03
Gasoline (1 liter)
$ 1.75
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car)
$ 36 222
Taxi Start (Normal Tariff)
$ 4.02
Taxi 1km (Normal Tariff)
$ 1.54
Taxi 1hour Waiting (Normal Tariff)
$ 22.42
Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car)
$ 30 645
Utilities (Monthly)
Basic (Electricity, Heating, Cooling, Water, Garbage) for 85m2 Apartment
$ 127
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL)
$ 37.37
Mobile Phone Monthly Plan with Calls and 10GB+ Data
$ 25.87
Salaries And Financing
Average Monthly Net Salary (After Tax)
$ 2 215
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate
3%
Sports And Leisure
Fitness Club, Monthly Fee for 1 Adult
$ 60.48
Tennis Court Rent (1 Hour on Weekend)
$ 24.72
Cinema, International Release, 1 Seat
$ 9.20
Clothing And Shoes
1 Pair of Jeans (Levis 501 Or Similar)
$ 107
1 Summer Dress in a Chain Store (Zara, H&M, ...)
$ 34.50
1 Pair of Nike Running Shoes (Mid-Range)
$ 80.49
1 Pair of Men Leather Business Shoes
$ 99.66
Childcare
Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child
$ 345
International Primary School, Yearly for 1 Child
$ 6 899
IAD Real Estate
IAD Real Estate
Contact seller
IAD Real Estate
IAD Real Estate
Contact seller

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