At Luxury Realty, we specialize in identifying exceptional opportunities that blend strategic location with unparalleled potential. We proudly present an extraordinary commercial premises situated in the vibrant heart of Fuengirola, a jewel of the Costa del Sol in Southern Spain. This property is not merely a space; it is a canvas for visionary investors and developers, poised for remarkable transformation.
This impressive 145 m² commercial unit, located on Calle Vizcaya, offers a compelling investment proposition. Its most significant feature is the viable potential to apply for a change of use into two distinct, independent residential properties. In a market where residential demand consistently exceeds supply, especially in prime coastal areas like Fuengirola, this conversion potential represents a golden ticket. Developers can envision crafting two modern, attractive apartments, offering excellent rental yields or significant resale value. This flexibility caters perfectly to the burgeoning demand for urban living or lucrative holiday rentals, positioning the property as a highly adaptable and profitable venture.
Beyond its conversion prospects, the premises boasts an astonishing clear height of 4.40 meters. This architectural blessing is a rare find, unlocking vast design possibilities. For commercial enterprises, such soaring ceilings create an immediate sense of grandeur and spaciousness, ideal for a flagship store, an upscale restaurant, or a sophisticated office. For residential conversion, these exceptional heights are transformative, permitting the creation of elegant mezzanine floors. This allows for multi-level layouts that dramatically increase usable space and introduce unique architectural elements, enabling a level of customization and luxury often unattainable in standard residential units, thereby elevating the value and desirability of future homes.
Adding further practicality, the property benefits from a fully granted driveway license (Vado). This feature is incredibly advantageous, whether the premises remains commercial or undergoes conversion. For commercial use, it provides direct and legal access for deliveries, client drop-offs, or dedicated parking, significantly enhancing operational efficiency. In the context of residential conversion, a 'vado' can be an invaluable asset, potentially allowing for convenient resident access, facilitating renovations, or even enabling a private parking space – a true luxury in central urban areas. This practical detail underscores the thoughtful planning and versatility embedded within this offering.
The strategic location on Calle Vizcaya places this property in the epicenter of Fuengirola, a dynamic, highly sought-after city on Spain's glorious Costa del Sol. Situated in Southern Spain, it offers an enviable quality of life, characterized by Mediterranean beaches, vibrant promenades, and over 300 days of sunshine annually. This bustling coastal hub provides effortless access to amenities, including shopping centers, gourmet restaurants, bars, cultural attractions, and healthcare facilities. Its robust public transport network connects Fuengirola seamlessly to Malaga International Airport and other major towns, making it a prime location for year-round living or lucrative tourist rentals. The city's continuous growth and international appeal ensure a stable and appreciating real estate market. Investing in Fuengirola means investing in a thriving community and a Mediterranean lifestyle.
This 145 m² commercial premises, with its exceptional 4.40-meter ceilings, granted driveway license, and outstanding potential for conversion into two independent residential properties, represents an extraordinary investment opportunity presented by Luxury Realty. Priced at €250,000, it offers a compelling entry point into the dynamic Fuengirola real estate market, promising significant returns for the discerning investor or developer. Whether you envision a high-impact commercial venture or the creation of bespoke residential units, this property offers a rare blend of flexibility, location, and potential.
In compliance with the Decree of the Junta de Andalucía 218/2005 of October 11th, the client is informed that notary fees, registry fees, ITP (Property Transfer Tax), and other expenses inherent to the purchase are not included in the price. AGENCY FEES ARE INCLUDED IN THE PRICE.
