Residential Plot · Fuengirola

€1.650.000
sale 314214 DPIe18791 https://directpropertyinvestments.com/en/show/sale/dpie18791/plot-for-sale-fuengirola 36.544148 -4.624944 1650000 Fuengirola

This unique investment opportunity represents the possibility of creating an exclusive residential enclave in one of the most coveted and strategically located areas.  The project, located in a privileged location with direct access to the AP-7 highway and surrounded by essential services such as a Carrefour Express supermarket, pharmacy, and varied gastronomic offering, promises to be a magnet for those looking for a perfect combination of comfort, luxury and privacy.

Backed by a Detail Study initially approved for 12 villas in July 1988, and with half of the project already built and sold, this land offers the perfect canvas to complete a visionary development of 6 additional villas.  Each of these properties will stand out for its design, privacy and exclusivity, in the middle of an enviable landscape and within an environment that already houses prestigious developments such as El Higuerón, known for its 5-star hotel and luxury chalets.

The 5083.85m² plot has a buildable area of 0.2m²/m², allowing an occupation of 25% of the land.  Local regulations favor the construction of buildings with two floors plus a basement, with a minimum separation between homes of 3 meters or half the height of the building, thus ensuring privacy and comfort.  Each chalet, with a minimum plot of 785m², promises to offer an average of 168m² of living space, configuring an environment of exclusivity and distinction.

The property is offered in its entirety for the construction of these 6 villas, whether isolated, grouped or semi-detached, with an average impact price per villa significantly lower than the current market value in the area.  This is an unbeatable opportunity for visionary investors looking to make their mark in the luxury real estate market, offering properties that promise not only an attractive return on investment, but also a legacy of quality and exclusivity.

Energy Rating Pending
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Location

Ref DPIe18791
Type Residential Plot
Bedrooms 0
Bathrooms 0
Parking No
Garden No
Pool No
Built Size 5.083m²
Terrace Size 0m²
Plot Size 5.083m²
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Features

  • Setting: Town, Commercial Area, Close to Port, Close to Shops, Close to Sea, Close to Schools
  • Utilities: Electricity

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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