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Fuengirola, Málaga (Spain)

R5253496 / 9 Beds / 8 Baths

3,793€/sqm

1,100,000€

Overview
  • 9 Beds
  • 8 Baths
  • No
  • No
  • 290 sqm
Description

INVESTOR OPPORTUNITY: WHOLE BUILDING FOR REFURBISHMENT IN FUENGIROLA – 150M FROM THE SEA**

Magnificent investment opportunity in Fuengirola, with a prime location just 150 meters from the sea and very close to the Marina (*Puerto Deportivo*).

The entire block is for sale (not by individual units), making it ideal for developers or investors looking for a high-profitability project.

INVESTMENT HIGHLIGHTS:

5 Unit Block:** 9 Bedrooms and 8 Bathrooms in total.
High-Margin Project:** Building currently undergoing refurbishment (Responsible Declaration submitted).
Location:** Maximum potential for holiday rental exploitation.
Lift Confirmed:** An agreement is in place within the project for the installation of an elevator (*ascensor*) to be shared with the adjoining building, drastically increasing the value of the units.
Horizontal Division (DH):** Currently being processed, which will facilitate the individual sale of the apartments post-refurbishment.

PURCHASE OPTIONS AND PRICE: The building is initially offered in its current state, with the works already started:

Option Price:
Option A (Works Started) €1.100.000
Option B (Finished Refurbishment) Possibility of acquiring the completed project for €1,450,000

For more information, please contact the agent.

Details

Property ID: R5253496

Location: Fuengirola, Málaga (Spain)

Type: Apartment

Status: Available

Price: 1,100,000€

Beds: 9

Baths: 8

Built: 290m2

Living Area: 290m2

Terrace: 0m2

Levels: 4

Garage: No

Garden: No

Pool: No

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