Description

Grupo Ibercosta is proud to present a truly unique and versatile real estate asset located in one of the most sought-after coastal destinations in Southern Spain. This full block of three independent apartments offers an unparalleled investment opportunity for those looking to secure a foothold in the vibrant market of Fuengirola. Situated just a two-minute stroll from the Mediterranean shoreline, this property combines the tranquility of a pedestrian street with the convenience of a central urban location. Whether you are looking for a high-yield rental project, a multi-generational family home, or a renovation venture to increase equity, this building provides the perfect foundation for success.

The Perfect Location: Life in the Heart of Southern Spain

Fuengirola is widely recognized as one of the most dynamic cities on the Costa del Sol. Known for its extensive golden beaches, a world-class marina, and a rich gastronomic scene, it attracts visitors and residents from across the globe throughout the year. This property is strategically positioned in the center of the city, nestled in a quiet, charming pedestrian street that shields inhabitants from the noise of traffic while keeping every modern convenience within reach. From high-end boutiques and local markets to international schools and healthcare facilities, everything you need is just a few steps away.

The location’s proximity to the beach is one of its strongest selling points. Being only 120 seconds away from the sand allows residents to enjoy the coastal lifestyle to its fullest, making it an incredibly attractive option for short-term holiday rentals. Furthermore, Fuengirola is excellently connected via the coastal train line, providing direct access to Malaga International Airport and Malaga city center in under 45 minutes, ensuring that this investment remains relevant and accessible for international travelers and local professionals alike.

Detailed Property Layout: Three Spacious Residences

The building is thoughtfully divided into three expansive flats, each occupying its own floor. While the building does not currently have a lift, the architectural design features very comfortable, wide stairs that make access easy across the three levels, including the ground floor. Each unit has been designed with large living spaces, ensuring comfort and privacy for all occupants.

Ground Floor Apartment: This generous residence is ideal for large families or those seeking accessible living. It features four well-sized bedrooms and two complete bathrooms. The layout includes a semi-independent kitchen that flows into a comfortable living room. A standout feature of this unit is the private patio, providing a secluded outdoor space for dining al fresco or enjoying a morning coffee in the fresh air.

First Floor Apartment: The middle level offers a sophisticated distribution centered around space and light. It consists of three large bedrooms and two full bathrooms. The social areas are divided into a formal lounge and a separate living room, offering multiple environments for relaxation. The kitchen is notably large, catering to those who enjoy culinary arts, and the overall feel of the flat is one of classic Mediterranean spaciousness.

Attic Penthouse: The crown jewel of the building is the top-floor attic apartment. This cozy yet bright unit features two bedrooms and one complete bathroom. Its most significant advantage is the large private terrace, which serves as a private sanctuary under the Andalusian sun. This outdoor space is perfect for sunbathing, entertaining guests, or simply enjoying the pleasant afternoon breeze that characterizes this part of the coast.

Building Features and Investment Potential

Beyond the individual apartments, the building boasts a large communal solarium. This rooftop area is bathed in the famous afternoon sun of Southern Spain, offering panoramic views of the surrounding urban landscape. It serves as an excellent additional amenity for tenants or owners, providing a shared space to enjoy the 300+ days of sunshine that Fuengirola offers annually.

From an investment perspective, the versatility of this property is unmatched. By owning the entire block, an investor has full control over the management and maintenance of the asset. The high demand for rentals in central Fuengirola, combined with the generous bedroom counts (4, 3, and 2 respectively), ensures a diverse range of potential tenants, from large families to groups of travelers. The "quiet street but central" location is a rare combination that typically commands premium rental rates and ensures high occupancy levels year-round.

At Grupo Ibercosta, we specialize in identifying properties with high growth potential and tangible value. This building in Fuengirola represents a solid acquisition in a mature market with proven resilience. Do not miss the chance to own a piece of the Costa del Sol in a location that truly has it all. Contact us today to arrange a viewing or to receive more technical details about this exceptional investment opportunity.