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Property marketed by Selection Med

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Unfinished Building with Huge Potential – Prime Central Fuengirola Location
Perfectly situated in the heart of Fuengirola, just a 5-minute walk from the Plaza de la Constitución and the beach, this building project offers a fantastic investment opportunity. Shops, restaurants, transport, and all amenities are right at your doorstep.
The structure is to be completed and features 4 floors of approximately 140m² each, with excellent development potential:
Ground floor: Possibility to create 1 to 3 street-level commercial units.
First and second floors: Potential to build 2 apartments per floor, totaling 4 apartments.
Top floor: Ideal for a spacious penthouse or 2 smaller units.
This property is ideal for developing residential apartments for long-term rental, holiday lets, or resale, in one of the most dynamic and desirable areas of the Costa del Sol.
A rare opportunity in central Fuengirola – contact us today for more information or to schedule a visit.
Perfectly situated in the heart of Fuengirola, just a 5-minute walk from the Plaza de la Constitución and the beach, this building project offers a fantastic investment opportunity. Shops, restaurants, transport, and all amenities are right at your doorstep.
The structure is to be completed and features 4 floors of approximately 140m² each, with excellent development potential:
Ground floor: Possibility to create 1 to 3 street-level commercial units.
First and second floors: Potential to build 2 apartments per floor, totaling 4 apartments.
Top floor: Ideal for a spacious penthouse or 2 smaller units.
This property is ideal for developing residential apartments for long-term rental, holiday lets, or resale, in one of the most dynamic and desirable areas of the Costa del Sol.
A rare opportunity in central Fuengirola – contact us today for more information or to schedule a visit.
Property Features
- 10+ bedrooms
- 5 bathrooms
- 504m² Build size
- 144m² Plot size
- Amenities near
- Transport near
- Private terrace
- Covered terrace
- Street view
- Unfurnished
- Close to children playground
- Close to sea / beach
- Renovation Needed
- Urban view
- Close to shops
- Close to town
- Close to schools
- Roof terrace
- Close to restaurants
- City views
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
54,500€
Final Payment of 90% on completion
517,500€
Property Purchase Expenses
Property price
575,000€
Transfer tax 10%
57,500€
Notary fees (approx)
600€
Land registry fees (approx)
600€
Legal fees (approx)
1,500€
* Transfer tax is based on the sale value or the cadastral value whichever is the highest.
** The information above is displayed as a guide only.
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Spanish Property News & Updates by Spain Property Portal.com
In Spain, two primary taxes are associated with property purchases: IVA (Value Added Tax) and ITP (Property Transfer Tax). IVA, typically applicable to new constructions, stands at 10% of the property's value. On the other hand, ITP, levied on resale properties, varies between regions but generally ranges from 6% to 10%.
Spain Property Portal is an online platform that has revolutionized the way people buy and sell real estate in Spain.
In Spain, mortgages, known as "hipotecas," are common, and the market has seen significant growth and evolution.