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Fuengirola, Costa del Sol, Málaga

Penthouse for sale in Fuengirola - 2 beds, 2 baths, 112 m²

€585,000

€5,223/m²

  • 2Bedrooms
  • 2Bathrooms
  • 112 m²Built
  • 20 m²Terrace

Description of Penthouse for sale in Fuengirola

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.

Penthouse for sale in Fuengirola Features

Setting

  • Commercial Area
  • Beachside
  • Close To Schools

Orientation

  • South Facing
  • West Facing

Condition

  • Excellent Condition

Climate Control

  • Air Conditioning

Views

  • Sea Views
  • Panoramic Views

Features

  • Lift
  • Fitted Wardrobes
  • Private Terrace
  • Barbeque

Furniture

  • Fully Furnished

Kitchen

  • Fully Fitted Kitchen

Security

  • Entry Phone
  • 24 Hour Security

Utilities

  • Electricity
  • Drinkable Water

Category

  • Holiday Homes

Buying and running costs of Penthouse for sale in Fuengirola

To buy it

Asking price€585,000
Transfer tax (ITP, 7%)€40,950
Notary & land registry (approx.)€5,850
Lawyer (approx. 1% + VAT)€7,079
Estimated total€638,879

Estimate for a resale home in Andalucía. New builds pay 10% VAT and 1.2% stamp duty instead of transfer tax. Your lawyer will confirm the exact figures.

To own it

€92/month

Community fees€720/yr
IBI (property tax)€300/yr
Rubbish collection€85/yr

Fixed yearly costs declared by the seller. Utilities and insurance are extra.

Details of Penthouse for sale in Fuengirola

Type
Penthouse
Location
Fuengirola, Costa del Sol, Málaga
Price
€585,000
Built size
112 m²
Terrace
20 m²

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