Fuengirola, Málaga 29640 0.04 Acres of Commercial Land Offered at $1,224,561

Great opportunity for investors in one of the most sought-after areas of the city... Entire vacant building for sale, ideal for either full renovation or new real estate development. Located in the heart of Fuengirola, in a bustling area with high foot traffic, surrounded by all kinds of services, shops, public transportation, and just a short distance from the beach... The plot has an approximate area of 150 m², with the possibility of 100% occupancy on all floors. Current regulations allow for the development of Ground Floor + 2 Floors + Setback Penthouse, reaching an approximate buildable area of 570 m²... In the basement, the developer can execute as many floors as deemed appropriate, according to the project... Thanks to its strategic location in the heart of Fuengirola and favorable urban planning conditions, this building offers tremendous potential for: • Construction of multi-story residential units. • Tourist apartment project. • Residential development with commercial spaces on the ground floor. • Mixed-use residential + commercial project. • Comprehensive renovation for long-term profitability... An excellent opportunity to develop a unique project in one of the most established and in-demand areas of the city... The property allows for all types of compatible uses: residential, offices, hospitality, restaurants on upper floors, vacation rentals, hotel, apart-hotel, clinic, gym, among others... Legally registered as a single property, which simplifies the processing and development of the project.