Penthouse in Fuengirola
Fuengirola
- Price
- €585,000
- Bedrooms
- 2
- Bathrooms
- 2
- Built Size
- 112 m²
- Location
- Fuengirola
- Ref
- R5524117
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Renovated Penthouse with Sea Views, Two Independent Living Units and Excellent Rental Potential in Fuengirola
An exclusive property located on the third line from the beach, between Fuengirola and Los Boliches, in a privileged location just a short walk from the sea.
The property consists of a single registered unit with one unique cadastral reference, distributed into two completely independent living spaces, each with its own private entrance. An ideal opportunity for those looking for a home with additional rental income or for investors seeking an attractive return on investment.
The first unit comprises one bedroom, one full bathroom, an additional guest toilet, and an open-plan kitchen connected to the living area, with direct access to a terrace offering sea views and a south-west orientation, allowing plenty of natural light throughout the day.
The second unit features one bedroom with sea views, a full bathroom, a considerably larger kitchen, and access to the terrace, also enjoying beautiful sea views.
Both units have been fully renovated less than a year ago and are equipped with air conditioning, offering modern, comfortable accommodation ready to move into or rent out.
The layout offers excellent flexibility: live in one unit and rent out the other, rent out both units, or combine personal use with seasonal or tourist rentals, subject to the applicable regulations. The current owner enjoys the property for six months of the year and rents out the units during the remaining periods, demonstrating its versatility as an investment.
The building has also been renovated and modernised, featuring three new lifts and a ramp providing access for people with reduced mobility. In addition, the penthouse benefits from increased privacy, with only two other neighbours on the penthouse level.
There is also the option to rent a parking space located approximately 150 metres from the property.
A unique property combining a versatile layout, two independent entrances, sea views and an excellent location between Fuengirola and Los Boliches. An ideal choice for anyone looking for a home close to the beach with the potential to generate additional income or an investment offering different rental opportunities.
Running Costs
- Garbage: €85 / year
- IBI: €300 / year
Purchase Costs Calculator (Resale (Pre-Owned))
- ITP (Transfer Tax) (7%): €40,950
- Notary Fees: €1,000
- Land Registry Fees: €700
- Lawyer Fees (1% + 21% VAT): €7,079
- Estimated Total Costs: €49,729, 8.5% of purchase price
These are estimates based on standard rates. Actual costs may vary depending on your specific circumstances, property details, and applicable exemptions. We recommend consulting with a qualified lawyer for a precise breakdown.
About the Area: Fuengirola
A vibrant, multicultural coastal city with a lively seafront promenade, golden sandy beaches, and an infectious year-round energy. Fuengirola's excellent transport links, diverse dining scene, and affordable property market make it hugely popular with international residents and families. The weekly Tuesday market is the largest on the coast, and the town's compact, walkable layout means daily life rarely requires a car.
- Seafront
- Beaches
- Well-Connected
- Rental Demand
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