9 Bed Property for sale

Fuengirola, Malaga, Andalucia, Spain

£962,380 * [€1,100,000]

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9 Bed Property for sale

Fuengirola, Malaga, Andalucia, Spain

£962,380 * [€1,100,000]

Property Details

Bedrooms: 9
Bathrooms: 8
Habitable space: 290 m2

Full Description

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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This property listing (ref: CS2522644) is an advertisement supplied by Costa Specialist and does not constitute property particulars. While aplaceinthesun.com (APITS Ltd.) requests all advertisers supply correct details, it does not carry out checks on the information supplied and cannot be held responsible for any inaccuracies. Aplaceinthesun.com recommends seeking independent legal advice prior to any overseas property purchase.

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