Nicely situated penthouse in torrequebrada.

Investment Opportunity in Fuengirola – Plot with Project for Commercial Unit and 4 Apartments

Excellent investment opportunity located in Fuengirola, within a consolidated urban area just a few minutes from the town centre, shops, restaurants, and all essential services.

The property currently consists of an existing house to be demolished, allowing for the development of a new residential building. The plot has an approximate cadastral surface of 59 m² (Cadastral Reference: 4746131UF5444N0001QM), although the actual land area is 63 m², and it currently includes a construction originally built in 1955.

All information has already been verified and confirmed by the technical department of Fuengirola Town Hall.

The property is offered with a basic architectural project already prepared and officially approved by the Málaga College of Architects, designed for the development of a building with one commercial unit and four studio apartments, distributed as follows:

Ground floor: commercial premises of approximately 27 m²

First to fourth floor: 4 studio apartments, one per floor

Staircase and installations area

Roof terrace

Each residential floor is designed with approximately 40.1 m² per studio, with an estimated built area of around 63 m² per floor, while the ground floor has approximately 61 m² built area, according to the architectural plans.

The project is currently pending the building license, which provides the buyer with flexibility to adapt the project or proceed with the development according to their investment strategy.

Ideal for:

Real estate developers

Buy-to-let investors

Tourist rental or long-term rental projects

Development of a small residential building in a central location

Thanks to its development potential in height and its central location, this asset offers strong profitability potential, whether through the individual sale of the units or through rental exploitation.

Elegant middle-floor apartment in Lower Calahonda, ideally positioned within easy walking distance of amenities and the beach!

The property offers a subtle Andalusian character, complemented by a west-facing 19 m² terrace with open sea views. With sun throughout the afternoon, the terrace provides a private and well-proportioned extension of the living space.

Finished to a high standard and maintained in excellent condition, the apartment is ready for immediate use with no further investment required.

The property also holds an active tourist licence, making it a strong option for both personal use and rental purposes.

We’ll keep this brief the property speaks for itself.

Building located just 100 meters from the beach and the promenade. Frontline location in one of the most sought-after areas of Benalmádena Costa.

The Property:
Stunning 5th-floor Penthouse featuring a private rooftop solarium.
Main Living Area (Lower Level – 50 m²):

Layout: 1 bedroom with double bed, an integrated living room and kitchen, and 1 bathroom.

Outdoor Space: 6 m² terrace with sea views and southern orientation.

Finishes & Features:

High-security entrance door and white interior doors.

Built-in wardrobe and brand-new kitchen.

Aluminum windows with Climalit security glass plus security grilles.

Premium Travertine marble flooring.

Ducted air conditioning (hot/cold) throughout.

Video intercom system.

Fully renovated, furnished, and decorated exactly as seen in the photos.

Upper Level (Private Solarium – 32 m²):

BBQ area and chill-out zone.

Outdoor shower area with sun loungers.

Spectacular sea views.

Fully furnished and decorated.

Building & Amenities:

Included: Private parking space and a 6 m² storage room.

Facilities: Communal swimming pools and 4 large, new elevators (6-person capacity).

Maintenance & Security: Meticulously maintained building with security cameras in all areas and constant surveillance.

Financial Information:

Community Fees: €55 / month.

IBI (Property Tax): €398 / year.

Rubbish Collection Tax: €172 / year.