Unique Opportunity for Investors and Real Estate Developers!
We present a promising rehabilitation and construction project in the heart of Las Lagunas. This block of flats, with a land area of 162 m², offers enormous development potential with the possibility of building three floors (ground floor + 2), with the option of designing two or three apartments per floor.
Main features:
Ground Floor: Currently it has a commercial premises and a warehouse, both with great potential for transformation into several residential units.
First Floor: Completely finished structure, closed with a double brick wall and air chamber (Capuchina), ready to be adapted to the needs of the project.
Second Floor: The existing structure is perfectly prepared to build the last floor, which maximizes the use of the land.
This is a project with a high potential for profitability, ideal for those looking for an investment with a projection of revaluation in a strategic area.
Do not miss this opportunity. Contact us today for more details or to schedule a visit and discover all the potential this property has to offer you.
| Ref | DPIe30681 |
| Type | Apartment Complex |
| Bedrooms | 0 |
| Bathrooms | 0 |
| Parking | No |
| Garden | No |
| Pool | No |
| Built Size | 324m² |
| Terrace Size | 0m² |
| Plot Size | 162m² |
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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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