Five story modern grey building with large windows and glass balconies, flanked by older buildings and street parked veh
For Sale · Residential PlotSPEAK TO USLorenzo Dilovani

Fuengirola Residential Plot: Approved Project for 4 Apartmen

€329 500
Costa del Sol, Fuengirola, Málaga·Málaga
Terrace0 m²
Plot63 m²
RefR5363815

Description

An exceptional residential plot awaits in the vibrant heart of Fuengirola, presenting a distinguished investment opportunity on the illustrious Costa del Sol. This property, spanning a practical 63 m2, is situated within a well-established urban landscape, mere moments from the town's essential amenities. Its prime location places residents and businesses effortlessly close to the port, the sea, and a thriving commercial district, offering a lifestyle of utmost convenience and appeal.

This offering is presented with a fully approved basic architectural project, meticulously crafted and officially endorsed by the Málaga College of Architects. The current structure, a house originally built in 1955, is slated for demolition, paving the way for a new, sophisticated development tailored for modern living and commerce. This thoughtful preparation streamlines the path for discerning investors and developers.

The approved plans detail a contemporary building comprising a ground-floor commercial unit, approximately 27 m², complemented by four elegant studio apartments. Each apartment occupies an entire floor, from the first through the fourth, with an estimated built area of around 63 m² per studio. The design incorporates a dedicated staircase and installations area, culminating in a charming roof terrace, perfect for enjoying the Mediterranean climate.

While the project awaits its final building license, this affords the new owner considerable flexibility. There is ample opportunity to adapt the design to align perfectly with specific investment strategies, whether for individual unit sales, robust buy-to-let ventures, or lucrative tourist and long-term rental projects. This allows for a bespoke approach to harnessing its significant profitability potential.

With its established project and privileged central, south-west facing location, this plot offers an attractive proposition for those seeking to make a mark in the desirable Fuengirola property market. The comprehensive diligence, including verification by the Fuengirola Town Hall, provides added assurance.

Amenities

Town
Commercial Area
Beachside
Port
Close To Port
Close To Sea

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