

Discover an exceptional turnkey investment project in the heart of Fuengirola, ideally positioned on the second line of the beach. This commercial apartment complex development is situated in the iconic Plaza Picasso, offering a rare blend of central urban living and immediate access to the Mediterranean shore. With a building license already secured and completion scheduled for September 2025, this project represents a seamless entry into the thriving Costa del Sol property market.
The architectural plans detail a versatile distribution across 489 m² of built space. The layout includes a ground floor with a two-bedroom apartment and private patio, followed by two floors housing four one-bedroom flats. The crowning jewel is a recessed three-bedroom penthouse featuring two bathrooms and panoramic vistas. This strategic configuration ensures a total of 10 bedrooms and 8 bathrooms, catering to various tenant profiles from solo travelers to families.
High-quality finishes and modern amenities define the interior experience, including full air conditioning and a private elevator serving all levels. The basement is thoughtfully utilized to provide six large storage rooms, adding significant value for long-term rentals. Due to its position on Plaza Picasso, the building benefits from unobstructed sea views and an abundance of natural light, as there are no high-rise structures blocking the southern horizon.
Located just steps from the sandy beaches and the vibrant promenade, the property is surrounded by Fuengirola’s finest restaurants, boutiques, and transport links. Malaga Airport is reachable within 20 minutes by car or train, making it incredibly accessible for international visitors. This asset is particularly attractive for investors seeking high yield, with a projected minimum 6% annual return on holiday rentals and the unique legal advantage of a single owner controlling the community statutes.
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