Residential Plot · Los Pacos

€1.600.000
sale 314088 DPIe18665 https://directpropertyinvestments.com/en/show/sale/dpie18665/plot-for-sale-los-pacos 36.561049 -4.616668 1600000 Fuengirola

Exceptional Real Estate Investment in El Palo, Málaga!

Discover this magnificent urban plot of 2381m² located on the prestigious Avenue, one of the most sought-after and traditional areas of Málaga.

Key Features:

Total Area: 2381m² Zoning and Building Potential:

Free Residential: 1840.72 m²t (18 homes)

Protected Residential (VPO): 788.88 m²t (8 homes)

Total: 2,629.60 m²t of built area.

Description:

This plot offers a unique opportunity to develop a large-scale residential project in a privileged location.  With the capacity to build 18 free-market homes and 8 VPO (Official Protection Homes), the plot presents itself as a real estate investment with significant profit potential.

Avenida de Miraflores del Palo is known for its tranquil and residential atmosphere, combining proximity to the coast with the convenience of having all services and amenities within reach.  Furthermore, its excellent connection to the center of Málaga and main communication routes make this location a strategic and attractive choice for any residential project.

Don't miss the opportunity to invest in this unique plot in El Palo and bring your real estate project to life in one of the most in-demand areas of Málaga.  Contact us today for more information and to arrange a visit!

Note: All information provided is indicative and non-binding.  It is recommended to verify urban planning regulations and technical details with the competent authorities and professionals in the sector before carrying out any construction project.

Energy Rating Pending
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Location

Ref DPIe18665
Type Residential Plot
Bedrooms 0
Bathrooms 0
Parking No
Garden No
Pool No
Built Size 0m²
Terrace Size 0m²
Plot Size 2.381m²
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Features

Fuengirola

Fuengirola

Conveniently located just 25km from Malaga International Airport, Fuengirola is one of the most popular tourist destinations on the coast. Its ease of access via the train and road networks to the airport maintain its popularity with all ages alike.

Once a tiny fishing village Fuengirola has risen in size and popularity over the past 50 years and is now a bustling coastal resort destination for domestic and international tourism.

Key attractions include the sandy beaches which span 7 kilometres of coastline, serviced by a wide variety of restaurants and bars catering for all tastes.

There are numerous commercial zones around Fuengirola from the large shopping areas on the outskirts of the town to the main square, Plaza de la Constitución, which is surrounded by chic boutiques and popular tapas bars.

A popular historic monument is the “Castle El Cstillo Sohail” based on the hilltop at the entrance to the town, some 38 meters above sea level the Castle dates back to the Roman era and has been lovingly maintained and restored by the Fuengirola town hall.

Popular with avid golfers, Fuengirola is set in the heart of the golfing territory of the Costa del Golf, Mijas Golf is just a short drive from the town centre and there are numerous additional courses within close proximity.

The population has grown from 8,500 people in the 1960s to over 63,000 official residents with a large number of expats now residing there on a permanent basis. In the summer months, this number swells enormously with inbound tourism, providing excellent rental occupancy levels for holiday home investors.

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