Fuengirola Commercial Premises, Storage Project, Investment

An exceptional commercial premises in the vibrant town of Fuengirola, Málaga, presents a compelling investment on the Costa del Sol. This property, spanning 535 square meters, is strategically located amidst a thriving network of shops and local amenities, ensuring high visibility and convenient access. Its recently renovated status speaks to its excellent condition and readiness for immediate use.

Currently, the premises holds an approved license for the development of 70 individual storage units. This offers a unique proposition for instant revenue generation through sales or rentals, appealing to a broad spectrum of commercial needs. Furthermore, the property benefits from a functional freight elevator, streamlining operations for accessing units located on the basement level.

Beyond its current configuration, a comprehensive project study is included, outlining the potential for a change of use. This strategic vision allows for the construction of two distinct apartments on the upper floors, introducing a residential component. Additionally, the existing storage units in the basement could be reconfigured into approximately 30 to 40 parking spaces, addressing a perpetual demand in urban areas.

This offering represents a rare blend of immediate profitability and substantial long-term appreciation. Investors can begin generating income from the storage units while simultaneously pursuing the proposed residential or parking developments. It is an ideal acquisition for those seeking a secure, versatile asset in a dynamic and sought-after locale.