Apartment Complex · Las Lagunas

€1.500.000
sale 320473 DPIe25039 https://directpropertyinvestments.com/en/show/sale/dpie25039/commercial-for-sale-las-lagunas 36.544873 -4.635973 1500000 Fuengirola

**Prime Investment Opportunity: Fully Renovated Apartments with Tourist License in Las Lagunas**

Discover this exceptional investment opportunity in the heart of Las Lagunas, featuring a fully renovated and furnished building with nine apartments, all licensed for holiday rentals.  Situated next to a convenient underground municipal parking garage, this property offers a blend of modern living and prime location, making it an ideal choice for investors seeking immediate rental income.

Property Details:

Location:** Las Lagunas

Type:** Multi-unit residential building with tourist license

Condition:** Fully renovated and furnished

Total Units:** 9 apartments

Floors:** Ground floor + 2 floors + duplex penthouse

Outdoor Spaces:** Multiple terraces

Layout and Features:

Ground Floor:

Apartment 1:** 58 m², 2 bedrooms, 1 bathroom, living room, kitchen, patio

Apartment 2:** 58 m², 1 bedroom, 1 bathroom, living room, kitchen, patio

First Floor:

Apartment 3:** 1 bedroom, 1 bathroom, living room, kitchen, terrace (8 m²)

Apartment 4:** 1 bedroom, 1 bathroom, living room, kitchen, terrace (8 m²)

Apartment 5:** 2 bedrooms, 1 bathroom, living room, kitchen

Second Floor:

Apartment 6:** 1 bedroom, 1 bathroom, living room, kitchen, terrace (8 m²)

Apartment 7:** 1 bedroom, 1 bathroom, living room, kitchen, terrace (8 m²)

Apartment 8:** 2 bedrooms, 1 bathroom, living room, kitchen

Third Floor:

Duplex Penthouse (Atico):** 5 bedrooms, 3 bathrooms, living room, canteen kitchen, large terrace (40 m²)

Neighborhood and Amenities:

Proximity to Amenities:** Near Carrefour, various shops, supermarkets, restaurants, and bars

Transportation:** Quick access to the highway

Beach Access:** 15-minute walk to the beach

Investment Highlights:

Tourist License:** Entire building is licensed for holiday rentals

High Profitability:** Demonstrable rental income

Fully Furnished:** Ready for immediate occupancy or rental

Location Benefits:** Popular area with strong demand for holiday rentals

This property represents a rare find with its combination of strategic location, fully renovated condition, and the potential for high rental income.  Whether you're looking to expand your investment portfolio or enter the lucrative holiday rental market, this building offers a turnkey solution that promises solid returns.

Energy Rating Pending
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Location

Ref DPIe25039
Type Apartment Complex
Bedrooms 16
Bathrooms 11
Parking Yes
Garden No
Pool No
Built Size 500m²
Terrace Size 72m²
Plot Size 0m²
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Features

  • Climate Control: Air Conditioning
  • Condition: Good
  • Features: Covered Terrace, Fitted Wardrobes, Private Terrace
  • Furniture: Fully Furnished
  • Kitchen: Fully Fitted
  • Parking: Street
  • Setting: Close to Shops, Close to Sea, Close to Town, Close to Schools
  • Security: Safe
  • Views: Street

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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