Investment Opportunity in Fuengirola \u2013 Plot with Project for Commercial Unit and 4 Apartments<\/p>\n
Excellent investment opportunity located in Fuengirola, within a consolidated urban area just a few minutes from the town centre, shops, restaurants, and all essential services.<\/p>\n
The property currently consists of an existing house to be demolished, allowing for the development of a new residential building. The plot has an approximate cadastral surface of 59 m\u00b2 (Cadastral Reference: 4746131UF5444N0001QM), although the actual land area is 63 m\u00b2, and it currently includes a construction originally built in 1955.<\/p>\n
All information has already been verified and confirmed by the technical department of Fuengirola Town Hall.<\/p>\n
The property is offered with a basic architectural project already prepared and officially approved by the M\u00e1laga College of Architects, designed for the development of a building with one commercial unit and four studio apartments, distributed as follows:<\/p>\n
Ground floor: commercial premises of approximately 27 m\u00b2<\/p>\n
First to fourth floor: 4 studio apartments, one per floor<\/p>\n
Staircase and installations area<\/p>\n
Roof terrace<\/p>\n
Each residential floor is designed with approximately 40.1 m\u00b2 per studio, with an estimated built area of around 63 m\u00b2 per floor, while the ground floor has approximately 61 m\u00b2 built area, according to the architectural plans.<\/p>\n
The project is currently pending the building license, which provides the buyer with flexibility to adapt the project or proceed with the development according to their investment strategy.<\/p>\n
Ideal for:<\/p>\n
Real estate developers<\/p>\n
Buy-to-let investors<\/p>\n
Tourist rental or long-term rental projects<\/p>\n
Development of a small residential building in a central \u200clocation<\/p>\n
Thanks \u200cto \u200cits \u200cdevelopment \u200cpotential in \u200cheight and \u200cits central location, \u200cthis asset \u200coffers strong profitability \u200cpotential, \u200cwhether \u200cthrough the \u200cindividual sale of \u200cthe \u200cunits \u200cor \u200cthrough \u200crental \u200cexploitation.<\/p>","protected":false},"template":"","class_list":["post-239386","type-property","status-publish","availability-for-sale","property_type-land","property","department-residential-sales","office-"],"acf":[],"yoast_head":"\n