Description

Grupo Ibercosta is proud to present a unique and high-value real estate asset located in the absolute center of Fuengirola, one of the most vibrant and sought-after cities in the South of Spain. This impressive building represents a rare opportunity for investors seeking a combination of commercial yield and premium residential space in the crown jewel of the Costa del Sol. Situated in a location that can only be described as unbeatable, this property stands as a testament to the enduring appeal of Mediterranean urban living.

Location is the most critical factor in real estate, and this building excels in that regard. It is positioned less than a sixty-second walk from the iconic Plaza de la Constitución, the historical and social heart of Fuengirola. Residents and business owners alike will find themselves just a few steps away from the sun-drenched Paseo Marítimo and the bustling Marina. This specific area of the Costa del Sol is internationally renowned for its year-round Mediterranean climate, offering over 300 days of sunshine annually. Fuengirola itself is a melting pot of cultures, combining traditional Spanish charm with modern infrastructure, making it a magnet for international tourism and high-end commerce.

The surrounding neighborhood is characterized by having the absolute best commercial and restaurant offerings in the city. From Michelin-star dining experiences and traditional tapas bars to high-street fashion boutiques and essential services, everything is within immediate reach. This constant foot traffic and economic activity ensure that the property remains at the center of the city’s social and financial life, providing high visibility for the commercial units and unparalleled convenience for the residential floors.

The architectural layout of the building is designed for maximum functionality and accessibility. The first floor is dedicated to commercial excellence, housing seven distinct commercial premises. These units are intelligently arranged around a beautiful central courtyard that allows for natural light and ventilation, creating an inviting atmosphere for clients and staff. To meet modern standards and legal requirements, the floor includes communal bathrooms and has been fully adapted for people with reduced mobility. A standout feature of this building is its dual-street access; the premises can be reached from both the prestigious Avenida Condes San Isidro and the charming Calle Maria Vega, providing a strategic advantage for logistics and customer flow.

Moving to the upper levels, the building transitions into luxury residential spaces. The second floor features a magnificent 160-square-meter apartment. This expansive residence is designed for comfort and privacy, boasting three large bedrooms and three well-appointed bathrooms. The living space is extended by two distinct outdoor areas: a sophisticated glazed terrace, perfect for enjoying the views in any season, and an uncovered terrace for soaking up the Southern Spanish sun. Adding to the exclusivity of this floor, the apartment features its own private lift with a dedicated entrance on Calle Maria Vega, ensuring a high level of privacy and ease of access.

The third floor offers another substantial residential unit, covering 140 square meters of living space. This apartment is distributed into four spacious bedrooms and two bathrooms, making it an ideal choice for a large family or a high-end vacation rental. The layout includes a rear terrace for quiet relaxation and a semi-covered front terrace that offers a vantage point over the lively streets below. Like the rest of the building, these apartments benefit from the dual-street orientation, allowing for excellent cross-ventilation and a variety of urban views.

For the savvy investor, this property is not just a building; it is a working asset. Currently, the property generates immediate income with active rental contracts already in place for six of the commercial premises and one of the large apartments. This provides a level of financial security and an immediate return on investment from the moment of acquisition. Whether you intend to maintain the current rental structure or renovate the spaces to increase their market value, the potential for capital appreciation in this area of Fuengirola is exceptionally high.

At Grupo Ibercosta, we understand that a building of this caliber requires professional handling. This property offers a perfect blend of commercial viability and residential luxury in one of the most stable real estate markets in the South of Spain. From its strategic location near the Marina to its versatile floor plans and private amenities, this building is a cornerstone of the Fuengirola property market. We invite you to explore this masterpiece of urban architecture and secure your place in the heart of the Costa del Sol.