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9 Bedroom Middle Floor Apartment For Sale Fuengirola

Property Details

Price 990,000 EUR
Ref HP5253496
Type Middle Floor Apartment
Bedrooms 9
Baths 8
Town Fuengirola
Plot m2
Terrace m2
Built 290 m2

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) €990,000 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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