Fuengirola Property Fuengirola
EUR 825,000Fuengirola Property Fuengirola
Building for Sale in Prime Location – Second Line to the Beach in Fuengirola
An exceptional investment opportunity, just 150 meters from the sea, in one of the most sought-after areas of Fuengirola. Ideal for short-term or long-term rental, increasing your property portfolio, or taking advantage of a quick resale opportunity in a high-demand location.
Layout and Potential: The building consists of 3 independent apartments and a storage room, offering versatility and high rental potential:
- Ground Floor (66 m²): 2 bedrooms, 1 bathroom, living room, kitchen, and 11 m² patio. Includes a 19 m² storage room that could be converted into a third bedroom for the ground floor apartment, as one wall connects to the patio and kitchen, or it could remain as an independent studio.
- First Floor – 1-Bedroom Penthouse (52 m²): Renovated less than 4 years ago with high-quality finishes. Currently occupied; the tenant has not paid rent for over 2 years. The eviction process is underway following the November 2025 court ruling and is expected to be completed later this year.
- Duplex Penthouse (135 m²): 3 bedrooms, 2 bathrooms, living room with balcony, kitchen, laundry room, terrace shared by two bedrooms, and solarium with partial sea views.
- Price: €825,000 (recently reduced from €855,000).
Investment Highlights:
- The average price of a 2-bedroom apartment in the area is around €450,000, providing strong potential for appreciation. - Properties in this second line to the beach appreciate annually by at least 20%, making this building a highly attractive long-term investment. - According to current urban planning regulations, the building is allowed ground floor + 2 floors (3 floors total), so it could be reconfigured into up to 6 apartments, maximizing rental income and long-term value. - Long-term rental: a similar 3-bedroom apartment on the same street rents for €2,800/month. - Short-term rental: approximately €2,800/week.
Key Notes:
Amenities R5162449 Fuengirola Property
- Town
- Commercial Area
- Beachside
- Port
- Close To Port
- Close To Shops
- Close To Sea
- Close To Town
- Marina
- Close To Marina
Orientation
- North
Condition
- Good
Features
- Fitted Wardrobes
- Private Terrace
- Solarium
- WiFi
- Storage Room
- Ensuite Bathroom
- Marble Flooring
- Double Glazing
Furniture
- Fully Furnished
Kitchen
- Fully Fitted
Utilities
- Electricity
- Drinkable Water
- Photovoltaic solar panels
Category
- Cheap
- Investment