Checking the original advert…

For sale Flat

Tarragona · Tarragona

Tarragona four-bedroom co-ownership investment flat

€31,820 312 €/m²

Four-bedroom flat in central Tarragona with one bathroom and stated areas of 97 m² total and 102 m² built. Sold as an indivisible co-ownership share without possession or interior viewings.

Estimated monthly account

Rental income+€765/month

Mortgage 80% · 25 years · Euribor 2.86%−€119/month

Costs IBI, service charge, allowance · estimated−€40/month

Net cash flow +€606/month

Estimated up-front investment €9,864 · 20% deposit + 11% purchase costs

Reference 50566372 · On Inmoblia since 15 August 2026 · Published by Aliseda

The property

Specifications

What the advert says about the property: floor area, layout, condition and registry details.

Some advert data is uncertain

We show the source-reported value for context, but exclude it from calculations until the conflicting evidence is resolved.

Type: Flat
Built area: 102 m²
Bedrooms: 4
Bathrooms: 1
Transaction type: Share sale
Energy certificate: In progress

Fittings

Fittings and extras

What the property comes with and how much each item weighs in the “Property data” sub-score.

The advert also mentions:

Co-ownership without possession
Interior viewings unavailable
Photos may not reflect current condition
Central city location
97 m² total area

Free text we could not normalise into a comparable attribute, so it does not score.

The verdict

What the analysis sees

The specific signals the model finds in this property and its municipality, before going into the score in detail.

In favour

Gross yield of 28.9%An attractive annual rent against the purchase price.

Against

No notable risks in the available data.

Municipal momentum

Where the local market is heading.

Rent price index

INE · 2011 base = 100 · yearly

+3.4% interanual

Housing transactions

MIVAU · deals per year

+9.3% interanual

Investment guide for Tarragona

Municipal demand

The structural depth of demand in the area.

0.9 yearsPurchase affordability

median 7.8 years years of household income to pay for the home (€34,272/year)

27%Rent burden

median 32% annual rent as a share of household income · healthy below 30%

3.5 yearsPrice / Rent (PER)

median 27.1 years years of rent to pay off the purchase · lower is cheaper relative to its rent

+1.1%Rent trajectory

0 = flat average annual growth of the municipal rent index (INE)

6%Unemployment rate (approx.)

median 10% unemployed over unemployed + social security contributors (a proxy comparable across municipalities)

+21.3‰Net migration

median 11.9‰ arrivals minus departures from abroad per 1,000 residents · a growing population sustains demand

Registered unemployment

SEPE · yearly average

−0.9% interanual

Average gross income

AEAT · annual tax return

+2.5% interanual

Registered population

INE · yearly population register

0.0% interanual

Net international migration

INE · immigration − emigration · yearly

−3.3% interanual

Recorded offences

Ministry of the Interior · cumulative

+77.3% interanual

Recorded offences (municipalities over 20,000 residents only, from 2024) are territorial context: they do not label an area “safe” or “unsafe”, nor do they measure tenant risk.

Comparables

Similar properties nearby

Real references of the same municipality and type, to cross-check rent and price. They are not necessarily active offers.

They let for… They sell for…

They let for…

Comparable rentals in Tarragona, including those already let.

Flat · 74 m² €32/month 0 €/m²/month

They sell for…

Comparable sales in Tarragona, including those already sold.

This is a shortlisting pass over the advert's data, not a due diligence report. Before deciding, check the points we cannot verify from here:

Possession: that it is vacant, with no squatters and no tenants on a live contract.
If it is let, the current rent, the type of contract and its expiry date.
The real state of repair and services (possible hidden renovation work) and a valid energy certificate.
The real service charge and, above all, whether any special levies are approved or pending: they appear in the minutes of the last owners' meetings.
The property's actual IBI: our figure is an estimate from the municipality's cadastral values, not the specific bill.
Charges, mortgages, seizures or easements in the Land Registry extract.