Commercial Property for sale

Commercial Property for sale

Fuengirola, Málaga
1,180,000
 
  • Commercial Property for sale
  • Commercial Property for sale
  • Commercial Property for sale
  • Commercial Property for sale
  • Commercial Property for sale
  • Commercial Property for sale
  • Commercial Property for sale
  • Commercial Property for sale
  • Commercial Property for sale
  • Commercial Property for sale
  • Commercial Property for sale
  • Commercial Property for sale
  • Commercial Property for sale
  • Commercial Property for sale
  • Commercial Property for sale
  • Commercial Property for sale
  • Commercial Property for sale
  • Commercial Property for sale
  • Commercial Property for sale
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Ref: R4296190
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This charming premises for sale is located in a privileged location: the picturesque Paseo Marítimo of Fuengirola. With panoramic sea views and a location that attracts tourists and locals alike, this commercial space offers an exceptional opportunity for investors and entrepreneurs wishing to establish themselves in one of the most coveted areas of the Costa del Sol.

Local Features:

Unbeatable Location: Located in the heart of the promenade, this location enjoys high visibility and foot traffic throughout the year.
Success Story: This location has currently been rented for many years, demonstrating its attractiveness and ability to attract thriving businesses, offering immediate profitability.
Sea Views: On the beachfront, the unbeatable location means that this place is in constant revaluation.
Spacious and Versatile: With two floors and more than 400 m2 in total, it offers enough space for any type of business, gallery or activity.
Tourist Area: Being located in a tourist area, the premises benefit from a constant flow of tourists during the high season, which increases the income potential for any business that establishes itself here.
Strategic Investment:
This location for sale represents a strategic investment for both those seeking to expand their businesses and investors wishing to capitalize on the region's thriving tourism industry. The unrivaled location, combined with the stability of a long-term lease, makes this property a unique opportunity in the Fuengirola real estate market.

Just 300 meters from the port of Fuengirola, its remodeling is expected to begin at the end of 2023, in which the following changes will take place.

The basic project contemplates transforming the current infrastructure into a port open to the city, "as a driver of the local economy." Specifically, it includes a large plaza that will connect directly to the promenade and large promenade areas, with commercial and restaurant areas.

Regarding the number of berths, the current number will double, going from 471 to more than 800. In addition, the creation of a dock for large yachts, a docking area for tourist cruises of up to 160 meters in length and a parking lot are contemplated. Underground with capacity for more than 700 vehicles.

Don't miss the opportunity to acquire this premises on the seafront of Fuengirola and establish your business in an environment that exudes charm and attracts visitors from all over the world. Contact us for more details and to schedule a visit!

Property Features

  • 0 bedrooms
  • 2 bathrooms
  • 400m² Build size
  • renovated
  • close to town
  • close to the sea
  • close to shops
  • close to port
  • first line beach
  • commercial area
  • air conditioning
  • covered terrace
  • unfurnished
  • close to schools
  • disabled access
  • sea views
  • store room
  • traditional village
  • basement

Costing Breakdown

Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
115,000€
Final Payment of 90% on completion
1,062,000€
 
Property Purchase Expenses
Property price
1,180,000€
Transfer tax 10%
118,000€
Notary fees (approx)
600€
Land registry fees (approx)
600€
Legal fees (approx)
1,500€

* Transfer tax is based on the sale value or the cadastral value whichever is the highest.

** The information above is displayed as a guide only.

Mortgage Calculator

Mortgage Amount:
1,180,000€
Deposit:
Interest Rate:
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* The information above is provided by The MHI Group and displayed as a guide only. Individual circumstances could change the rate we offer for a mortgage. Please click the link below to get a personalised quote.

Spanish Property News & Updates by Spain Property Portal.com

In Spain, two primary taxes are associated with property purchases: IVA (Value Added Tax) and ITP (Property Transfer Tax). IVA, typically applicable to new constructions, stands at 10% of the property's value. On the other hand, ITP, levied on resale properties, varies between regions but generally ranges from 6% to 10%.

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