Middle Floor Apartment in Fuengirola
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INVESTOR OPPORTUNITY: WHOLE BUILDING FOR REFURBISHMENT IN FUENGIROLA - 150M FROM THE SEA** Magnificent investment opportunity in Fuengirola, with a prime location just 150 meters from the sea and very close to the Marina (*Puerto Deportivo*). The entire block is for sale (not by individual units), making it ideal for developers or investors looking for a high-profitability project. INVESTMENT HIGHLIGHTS: 5 Unit Block:** 9 Bedrooms and 8 Bathrooms in total. High-Margin Project:** Building currently undergoing refurbishment (Responsible Declaration submitted). Location:** Maximum potential for holiday rental exploitation. Lift Confirmed:** An agreement is in place within the project for the installation of an elevator (*ascensor*) to be shared with the adjoining building, drastically increasing the value of the units. Horizontal Division (DH):** Currently being processed, which will facilitate the individual sale of the apartments post-refurbishment. PURCHASE OPTIONS AND PRICE: The building is initially offered in its current state, with the works already started: Option Price: Option A (Works Started) €1.100.000 Option B (Finished Refurbishment) Possibility of acquiring the completed project for €1,450,000 For more information, please contact the agent.
 

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Highlights

Reference
R5253496
Price
€1,100,000
Location
Fuengirola
Area
Málaga
Property Type
Middle Floor Apartment
Bedrooms
9
Bathrooms
8
Plot Size
0 m2
Built
290 m2
Terrace
0 m2
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