Seville's Nervión neighborhood will add 44 new tourist apartments following the conversion of an office building. The complex will be located on Santa María Mazzarello street, at the corner of Marqués de Nervión.
The project, developed by management company Sharing Co in collaboration with investment platform Urbanitae, involves the comprehensive transformation of the property, which spans approximately 2,050 square meters. The estimated investment for this conversion amounts to 4 million euros, with the aim of dedicating it to short and medium-term stays.
The new asset is projected to generate an annual revenue close to 1.5 million euros once operational. The execution plan has a timeframe of 30 to 34 months and is currently in the construction tender phase, awaiting administrative procedures with the Seville City Council.
The operation is structured through a company jointly owned (50%) by the private investor and Urbanitae investors. The plan includes asset acquisition, interior demolition, conversion into 44 tourist units, and subsequent management by a specialized operator, with the ultimate goal of selling it to a real estate investor.
With this project, Sharing Co begins its expansion in Seville, adding to its operations in Madrid, Valencia, and Málaga. The company manages accommodation models and flexible spaces through lines such as Housing Sharing, Sharing Coliving, and Sharing Coworking.
The arrival of these apartments coincides with a period of growth in tourist offerings in Nervión. Within a one-kilometer radius, two other major hotel projects are underway: Kora Sevilla, with 136 studios and tourist apartments (a 32 million euro investment, expected to open in 2027), and a future DoubleTree by Hilton hotel in the Viapol area, promoted by Grupo Insur, which will feature 184 rooms and an investment of 45 million euros, scheduled to open in 2028.
