Shure Real Estate

Fuengirola

€398,000

Property facts

Overview

Reference
R5484469
Plot
120 m²
Pool
No

Description

Excellent investment opportunity in the heart of Fuengirola. A plot of approximately 120 m² with an existing house, the structure of which is of little interest for preservation, offering the possibility of developing a new residential project. Due to its characteristics and location, the property is particularly attractive to developers and investors looking to build a small residential building in the center of Fuengirola, one of the most sought-after areas on the Costa del Sol. According to available urban planning information and subject to the corresponding municipal verification and certification, the plot would be classified under the VP-1 (Popular Housing) zoning ordinance, a typology that allows for high occupancy on small plots. The urban development plan could include, subject to confirmation through a detailed study of the plot, a building with a ground floor plus two upper floors and an attic/penthouse, always subject to the building regulations, height restrictions, courtyards, alignments, and other parameters established by the Fuengirola General Urban Development Plan (PGOU). The plot measures approximately 120 m², with an existing building of 139 m², and approximate dimensions of 6 m frontage by 20 m depth. This is an opportunity especially for investors and developers seeking a plot with new construction potential in a central and well-established location in Fuengirola. Important information: The price indicated does not include taxes or expenses. A 7% Property Transfer Tax (ITP) will be applied, in addition to notary fees (approx. 0.3%–0.5%) and Land Registry fees (approx. 0.1%–0.3%) on the sale price. The amounts indicated are for informational purposes only and may vary depending on the specific case. For this property, the approximate costs will be: Property Transfer Tax (ITP): €20,230 Notary fees: Between €867 (0.3%) and €1,445 (0.5%) Property Registry fees: Between €289 (0.1%) and €867 (0.3%) The purchase of this ‌property ‌does ‌not ‌involve ‌real estate brokerage fees ‌for the buyer. The house, ‌located on ‌the plot, ‌is sold ‌unfurnished. Request ‌information ‌and urban planning ‌documentation ‌to ‌assess ‌the ‌plot's ‌potential.

Photos

Property information

Property facts
Reference
R5484469
Plot
120 m²
Pool
No
Purchase price
€398,000
Where it is
Fuengirola
What it costs to buy

Map

Fuengirola, Malaga

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Controller: Shure Real Estate, [postal address], [contact address]. Purpose: to answer what you ask us — about a property, about a valuation of your own home, or about a viewing — and to keep the contact that answering it requires. Legal basis: steps taken at your request before entering into a contract, article 6(1)(b) of the GDPR. We do not ask for your consent, because the enquiry is one you started. Recipients: the people at Shure Real Estate who handle your enquiry, and the suppliers who run our systems. Your details go no further and are not used to send you marketing. How long we keep it: 24 months after our last contact with you, unless you become a client, in which case the periods in our client register apply. Your rights: you can ask for access, correction, erasure, restriction, portability, and to object, by writing to [contact address]. You can also complain to the Spanish data protection authority, the AEPD (www.aepd.es).