Ground-Floor Apartment with Large Terrace in Central Fuengirola
€1,050,000
€3,292/m²
- 1
- Bedroom
- 1
- Bathroom
- 319 m²
- Interior
- Apartment
- Type
- 3 Sept 2026
- Listed
The Habio take
This 319 m² ground-floor apartment features a remarkable 120 m² private terrace and is located in the heart of Fuengirola, just moments from the beach. Ideal for redevelopment, the property offers significant potential for conversion into residential units or boutique rentals.
- beach
- investment
- walkable
- city
- new build
Highlights
- 319 m² of interior space
- 120 m² private terrace
- Confirmed for residential conversion
- Great investment and redevelopment potential
- Ideal for mid-term rentals or co-living
- Central location near the beach
Worth knowing
- Current configuration as a commercial workspace may require significant conversion
- Conversion process subject to licensing
Good fit for: This property is ideal for investors or developers looking to create unique residential spaces in a prime location.
Lifestyle scores
- Beach
- 90
- Walkable
- 85
- Remote work
- 80
- Family
- 70
- Retirement
- 60
- Airport access
- 75
- Investment
- 85
- Luxury
- 65
- Value
- 80
About this place
Presenting a rare opportunity to own a 319 m² ground-floor property in central Fuengirola, this space was previously used as the editorial office for Svenska Magazine. The property boasts an extensive internal layout accompanied by a massive 120 m² private terrace, making it particularly well-suited for transformation into residential or hospitality uses. High ceilings and ample natural light enhance the property's appeal and versatility, allowing for various configurations to meet modern living demands.
Fuengirola Town Hall has confirmed that conversion to residential use is permissible, pending the appropriate licensing. Initial architectural concepts suggest the potential to divide the space into multiple residential units, with possibilities for mid-term rentals, co-living spaces, or boutique apartments. Situated on a quiet residential street, the property enjoys limited vehicular traffic while remaining conveniently close to the beach, restaurants, shops, and transport links.
With its generous size, flexible layout, and distinctive outdoor space, this property represents an exceptional investment opportunity for developers and investors seeking to capitalize on the thriving rental market in Fuengirola.
Where you’ll be
Fuengirola, Andalusia, Spain
Exact location is confirmed by the agent on enquiry.
Buying property in Spain
Spain welcomes foreign buyers with no nationality restrictions. The buyer needs an NIE (Número de Identidad de Extranjero) before completion, and most buyers open a Spanish bank account to handle the deposit and ongoing charges. An independent lawyer (abogado) is strongly recommended — the notario only checks the deed, not the wider title.
Spain ended its Golden Visa property route in April 2025.
Non-resident mortgages are widely available, typically 60–70% LTV.
Non-resident sellers face a 3% withholding from the sale price (retención), claimable against capital gains tax.
Always check community-of-owners (comunidad) debts and outstanding IBI before completion — they transfer with the property.
General guidance only — confirm specifics with a qualified local lawyer or tax adviser. Reference
