Apartment Complex in Fuengirola

Turnkey Building for Sale in the Heart of Fuengirola – Exceptional Investment Opportunity

Are you looking for a lucrative real estate investment in one of the Costa del Sol’s most desirable locations? This exclusive turnkey building for sale offers a unique opportunity to own a brand-new, multi-unit residential property just steps from the beach, in the prestigious Plaza Picasso of central Fuengirola. Explore the full details below and discover why this property is the smartest investment for your portfolio in 2024.

Property Overview

• Location: Plaza Picasso, Fuengirola, Costa del Sol, Spain
• Type: Turnkey building
• Building License: Obtained and valid
• Completion: February 2025
• Total Built Area: 488.68 m²
• Configuration: Ground floor + 2 floors + recessed penthouse
• Number of Apartments: 6 luxury flats
• Storage: 6 large storage rooms in the basement
• Location Advantage: Second line beach, unobstructed open views, abundant natural light

Prime Location – The Center of Fuengirola Next to the Beach

This beautiful turnkey building is set in an absolutely privileged position on the second line from the beach, right in the heart of the esteemed Plaza Picasso. Enviably situated in central Fuengirola, residents will benefit from direct access to the best of the city – the vibrant beach promenade, fine dining restaurants, charming cafes, cultural attractions, exclusive boutiques, and seamless public transport links.

If you are seeking a property in Fuengirola that combines beachside lifestyle with urban convenience, this is the ultimate address. Few new developments boast such an ideal location, guaranteeing high tenant appeal and stable rental returns.

Architectural Design & Building Specifications

The building project embraces modern Mediterranean architecture, designed to provide maximum comfort and efficiency. The structure comprises:

• Ground Floor: Spacious apartment with 2 bedrooms and 2 bathrooms, and private patio access for relaxed outdoor living.
• First Floor: Two stylish 1-bedroom flats, ideal for singles or couples who desire proximity to the sea and city life.
• Second Floor: Two further 1-bedroom flats, mirroring the first floor’s thoughtful layout and finish.
• Penthouse: An impressive large penthouse unit, featuring 3 bedrooms, 2 bathrooms, expansive open-plan living spaces, and exceptional terrace views toward the sea and the central plaza. Perfect for families, discerning residents or short-term holiday lets.
• Basement: Six generous storage rooms to support residents’ needs and add extra value to each unit.

All spaces are designed to optimize luminosity and natural ventilation, providing a bright, welcoming environment throughout the year. The absence of high-rise buildings on the front line ensures open views, privacy, and an abundance of daylight.

Detailed Floor Breakdown

Ground Floor: Family Apartment with Private Patio

• 2 spacious bedrooms
• 2 modern, full bathrooms
• Direct access to a sunny and secluded patio
• Ideal for long-term family living or holiday lets

First and Second Floors: Four One-Bedroom Flats

• Each floor hosts two independent 1-bedroom apartments
• Open-plan kitchen and living area
• Contemporary bathroom
• Perfect for singles, couples, or as buy-to-let investment units

Penthouse: The Crown Jewel

• 3 bedrooms for comfortable family accommodation
• 2 elegant bathrooms with high-quality fittings
• Expansive terrace with panoramic views
• Generous living and dining zones
• Prime choice for owners or executive renters

Basement: Secure Storage Rooms

• 6 large storage spaces included
• Highly desirable for both owners and tenants

Investment Highlights and Profitability

This property represents an unbeatable investment opportunity, blending solid capital growth potential with attractive ongoing rental income. Here’s why discerning buyers consider this one of Fuengirola’s best real estate investments:

• High Annual Returns: With the growing demand for quality holiday rentals near the beach, investors can expect a minimum 6% gross annual return. During peak season, short-term lets can generate even higher yields.
• Full Building Ownership: As the only owner, you retain full decision-making rights regarding holiday rentals and usage policies, ensuring maximum flexibility and profit from your investment.
• Exceptional Hedge Against Regulatory Changes: Upcoming local regulations may restrict holiday letting in multi-unit buildings. Owning the entire building safeguards your interests, as you control the community statutes and can allow or prohibit holiday rentals as you see fit.
• Scarcity of Comparable Properties: Few new builds in Fuengirola offer such immediate proximity to the beach and central amenities.
• Turnkey Delivery: The building will be finished by February 2025, with all legal documents and occupancy licenses in place, allowing you to start renting or living immediately.

Reasons to Invest in Fuengirola Real Estate

Fuengirola remains one of the Costa del Sol’s most sought-after towns for property buyers and tourists alike. The region boasts:

• Beautiful sandy beaches and a year-round mild climate
• Vibrant nightlife, dining, and shopping options
• Excellent transport connections (train, bus, easy access to Malaga Airport)
• Strong demand for both long-term and holiday rentals
• High occupancy rates during all seasons
• Stable property value appreciation

With tourism at an all-time high and limited new developments on the beachfront, investing in this turnkey building is a strategic move for forward-thinking investors.

Key Advantages of This Turnkey Building Investment

• Flexibility: Rent out all units or reserve the unique penthouse for personal use while benefiting from income from the flats below.
• Maintenance & Management: As sole owner, you have full control over building management, tenant selection, and operational costs.
• Capital Appreciation: Central Fuengirola real estate is expected to continue appreciating due to high demand and constrained supply, especially for newly built properties near the beach.
• Tax Incentives: Investors may benefit from various local and national tax advantages for new-build and holiday accommodation properties in Spain. Consult your legal advisor for detailed information.

Tech-Ready, Eco-Friendly Construction

The project complies with the latest building regulations and energy efficiency standards, ensuring long-term sustainability and cost-effectiveness for owners and tenants. Expect features such as:

• High-performance insulation for comfort and savings
• Energy-efficient windows and installations
• Eco-friendly construction materials
• Modern utilities and pre-installations for fiber-optic internet

Unbeatable Open Views & Natural Light

One of the major advantages of this turnkey building is its unique positioning facing the open Plaza Picasso. This guarantees open, unobstructed views and maximum sunlight from most windows and terraces, making every unit significantly more attractive to potential tenants or buyers in the future.

Who Should Consider This Investment?

• Professional landlords looking for stable, high-yield holiday rental returns
• Private investors seeking to safeguard their assets against market and regulatory changes
• Families or private individuals wanting a legacy asset in a prime coastal location
• Entrepreneurs considering setting up a boutique aparthotel or serviced apartments business

FAQs – Turnkey Building for Sale in Fuengirola

When will the property be ready for occupation?

Construction is scheduled for completion by February 2025, at which point the building will be ready for occupation or rental launch.

Is the building license already secured?

Yes, the building license is already obtained and valid, ensuring construction is fully legal and on track.

How many apartments are included in the sale?

The building comprises six apartments: a ground floor two-bedroom flat, four one-bedroom flats across the first and second floors, and a large three-bedroom penthouse on the top floor.

Are the storage rooms included?

Yes, six large storage rooms in the basement are included with the property, providing added value and flexibility for residents.

Is this a good investment for holiday rentals?

Absolutely. The property’s location, building quality, and configuration make it ideal for short-term rentals, with high occupancy rates expected year-round and projected returns exceeding 6% annually.

Arrange a Private Viewing or Request More Information

If you are interested in this exceptional turnkey building for sale in Fuengirola’s Plaza Picasso, do not hesitate to contact us for a full information pack, detailed floor plans, or to arrange a private visit to the site. This is a rare opportunity to acquire a future-proof investment in one of the Costa del Sol’s most treasured beach destinations.

Contact us today to learn more about pricing, payment schedules, and how to secure this property before completion!

Summary – A Unique Beachside Investment on the Costa del Sol

This turnkey building offers the perfect mix of location, modern design, legal security, and solid returns. Whether you’re an investor seeking high performance or an individual looking for a prime residence by the Mediterranean, this is an opportunity not to be missed.

• New build, designed for optimal comfort and profitability
• Six high-quality apartments plus basement storage
• Completion February 2025 – ready for immediate rental or personal use
• Walking distance to Fuengirola beach, city center, public transport, and amenities
• Ideal legal structure to protect against future regulatory changes affecting short-term rentals

Invest in your future with this premium turnkey property in the heart of Fuengirola. Demand for such prime real estate is constantly rising—secure your position today!