Residential Plot in Fuengirola
Fuengirola · Costa del Sol
€328,000
Reduced from €335,000
Overview
Reference: R5363815
- Residential PlotProperty type
Description
Investment Opportunity in Fuengirola – Plot with Project for Commercial Unit and 4 Apartments
Excellent investment opportunity located in Fuengirola, within a consolidated urban area just a few minutes from the town centre, shops, restaurants, and all essential services.
The property currently consists of an existing house to be demolished, allowing for the development of a new residential building. The plot has an approximate cadastral surface of 59 m² (Cadastral Reference: 4746131UF5444N0001QM), although the actual land area is 63 m², and it currently includes a construction originally built in 1955.
All information has already been verified and confirmed by the technical department of Fuengirola Town Hall.
The property is offered with a basic architectural project already prepared and officially approved by the Málaga College of Architects, designed for the development of a building with one commercial unit and four studio apartments, distributed as follows:
Ground floor: commercial premises of approximately 27 m²
First to fourth floor: 4 studio apartments, one per floor
Staircase and installations area
Roof terrace
Each residential floor is designed with approximately 40.1 m² per studio, with an estimated built area of around 63 m² per floor, while the ground floor has approximately 61 m² built area, according to the architectural plans.
The project is currently pending the building license, which provides the buyer with flexibility to adapt the project or proceed with the development according to their investment strategy.
Ideal for:
Real estate developers
Buy-to-let investors
Tourist rental or long-term rental projects
Development of a small residential building in a central location
Thanks to its development potential in height and its central location, this asset offers strong profitability potential, whether through the individual sale of the units or through rental exploitation.
Location
Open in Google Maps- Town
- Fuengirola
- Area
- Costa del Sol
- Province
- Málaga
The exact address is shared when you book a viewing.
Details
- Reference
- R5363815
- Price
- €328,000
- Property type
- Residential Plot
- Status
- Available, For sale
- Plot / garden
- 63 m²
- Energy rating
- In process
- Setting
- Town, Commercial Area, Beachside, Port, Close To Port, Close To Sea, Close To Town, Marina, Close To Marina
- Orientation
- South West Orientation
Decree 218/2005 information available
Mortgage calculator
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- Down payment
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- Loan amount
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- Monthly payment
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Indicative figures only. Non-residents usually finance up to 60–70%. Ask us for a financing pre-check.
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