Turnkey building for sale, building licence already obtained, work ends in February 2025. Located in an absolutely privileged area, second line beach in the well known Plaza Picasso. In the centre of Fuengirola next to the beach, ideal for investment. 488,68 m². Normative applicable ground floor + 2 + recessed penthouse. Project designed in 6 flats, a large penthouse with 3 bedrooms and 2 bathrooms, four one-bedroom flats on the first and second floor, and a ground floor with 2 bedrooms and 2 bathrooms with patio. 6 storage rooms. Just inside the emblematic Plaza Picasso, unbeatable advantage of having open views and a lot of luminosity with no high front line buildings just in front. Do not hesitate to contact us. Ideal as an investment. The best hedge against possible regulations restricting holiday rentals through community quorum, as the owner of the building can decide what is convenient in the statutes of the community of owners. Ideal investment with high profitability, a minimum of 6% return on holiday rentals. Few new developments are so close to the beach and with the advantage of the absolutely ideal location....
INCLUDES 6 LARGE STORAGE ROOMS IN THE BASEMENT.
| Ref | DPIe2311 |
| Type | Apartment Complex |
| Bedrooms | 10 |
| Bathrooms | 8 |
| Parking | No |
| Garden | No |
| Pool | No |
| Built Size | 489m² |
| Terrace Size | 0m² |
| Plot Size | 128m² |
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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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