Property ID : R3908188
For Sale 1,900,000.00€ - Commercial, Other
Turnkey building for sale, building licence already obtained, work ends in February 2025. Located in an absolutely privileged area, second line beach in the well known Plaza Picasso. In the centre of Fuengirola next to the beach, ideal for investment. 488,68 m2. Normative applicable ground floor + 2 + recessed penthouse. Project designed in 6 flats, a large penthouse with 3 bedrooms and 2 bathrooms, four one-bedroom flats on the first and second floor, and a ground floor with 2 bedrooms and 2 bathrooms with patio. 6 storage rooms. Just inside the emblematic Plaza Picasso, unbeatable advantage of having open views and a lot of luminosity with no high front line buildings just in front. Do not hesitate to contact us. Ideal as an investment. The best hedge against possible regulations restricting holiday rentals through community quorum, as the owner of the building can decide what is convenient in the statutes of the community of owners. Ideal investment with high profitability, a minimum of 6% return on holiday rentals. Few new developments are so close to the beach and with the advantage of the absolutely ideal location….
INCLUDES 6 LARGE STORAGE ROOMS IN THE BASEMENT.