Residential Plot with Approved Project in Central Fuengirola
€329,500
- 1
- Bedroom
- 1
- Bathroom
- Land
- Type
- 1 Sept 2026
- Listed
The Habio take
This plot in Fuengirola presents an excellent investment opportunity with an approved project for a commercial unit and four apartments. Located within a short distance from the town centre, it offers great accessibility to essential services and amenities.
- investment
- city
- central
Highlights
- Approved project for a commercial unit and 4 apartments
- Centrally located near shops and restaurants
- Flexibility to adapt the project during licensing
- Strong profitability potential
- Suitable for buy-to-let investment or residential development
Worth knowing
- Currently awaiting building license approval
- Existing structure must be demolished
Good fit for: Perfect for real estate developers and buy-to-let investors.
Lifestyle scores
- Beach
- 70
- Walkable
- 80
- Remote work
- 65
- Family
- 60
- Retirement
- 50
- Airport access
- 75
- Investment
- 80
- Luxury
- 40
- Value
- 70
About this place
This residential plot in Fuengirola is an exciting investment opportunity, ideally situated in a consolidated urban area just minutes from the town centre. It currently contains a house built in 1955, which is to be demolished, paving the way for a new residential development.
The property features an approximate cadastral surface area of 59 m², but the actual land area is around 63 m². The approved project allows for the construction of a building that includes one commercial unit and four studio apartments, laid out as follows: a ground floor commercial space of about 27 m², and one studio apartment per floor from the first to the fourth floor, each designed with approximately 40.1 m² of living space. The ground floor will have an estimated built area of 61 m², according to the architectural plans.
Currently awaiting a building license, the project offers future buyers flexibility to adapt it to their vision, making it an ideal prospect for real estate developers and buy-to-let investors looking for profitable returns through either tourist or long-term rental strategies. With its development potential and advantageous location, this plot represents a compelling opportunity in the heart of 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
