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Middle Floor Apartment in Fuengirola, 9 bed

€1,100,000.00

Spain
ID WIN6416
  • 9 Rooms
  • 8 Baths
  • 290 sqm
  • €3,793/sqm
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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Features

Rooms: 9
Baths: 8
Total area: 290 sqm
Usable area: 290 sqm
Land area: 290 sqm
Property type: Apartments
2631748868331
Sebastian Ciobanu
Show phone number

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