R5363815

Residential Plot in Fuengirola // R5363815

For sale · Ref: R5363815

Residential Plot in Fuengirola

Asking price€ 329.500

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Price€329,500
Bedrooms0
Bathrooms0
Living area0 m²
Plot63 m²
Terrace0 m²
Property typeResidential Plot
LocationFuengirola
ReferenceR5363815
Favourite

Reference
R5363815
Price
€329,500
Location
Fuengirola
Area
Málaga
Property Type
Residential Plot
Bedrooms
0
Bathrooms
0
Plot Size
63 m2
Living Area
0 m2
Terrace
0 m2
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.

  • Setting

    Town

    Commercial Area

    Beachside

    Port

    Close To Port

    Close To Sea

    Close To Town

    Marina

    Close To Marina

  • Orientation

    South West

  • Community fees: €0 / maandelijks
    Refuse tax (basura): €0 / jaarlijks
    IBI: €0 / jaarlijks

    Energy rating

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