Apartments for Sale in Málaga (Province)

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Apartment for Sale in Fuengirola (Málaga)  -  Ref.: R5253496

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Apartment for Sale in Fuengirola

Price

990,000 €

Metro 2 Built3,414 €

Area

Built290 m2
  • 9 Bedrooms
  • 8 Bathrooms

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) Euro990,000 Option B (Finished Refurbishment) Possibility of acquiring the completed project for Euro1,450,000 For more information, please contact the agent.

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