Located in the urban district of Las Lagunas, Málaga, this property represents an investment opportunity comprising a complete apartment complex. The site distinguishes itself through immediate proximity to extensive urban amenities and the coastline of Fuengirola. With a total living area of 828 m² distributed over multiple floors, this asset addresses the demand for residential capacity in a developed area. The location, situated 19 kilometers from the airport and a short distance from various beaches and sports facilities, makes it a relevant point of analysis within the regional real estate market.
Compared to developments such as Arosa in Mijas (from €490,000) and Waterfall Residences in Fuengirola (from €720,000), this project presents itself as a 'whole-building' investment. While the mentioned projects often sell individual apartments, this involves the acquisition of the entire volume. This significantly raises the entry price but eliminates the risks associated with joint ownership and homeowners associations. The price per m² is in line with the new construction market in this specific urban zone, although the absolute price is higher due to the presence of commercial spaces.
Key characteristics of location, homes, project phase and points of attention.
The property is situated in Las Lagunas, an urban area bordering Fuengirola. This district is characterized by a high density of amenities, including sports centers and public transport links. The distance to the Mediterranean Sea is 1.6 kilometers as the crow flies. The surrounding infrastructure provides direct access to the local road network, facilitating connectivity to both the coast and the hinterland.
This complex meets the demand for multiple residential units within a single building, suitable for rental purposes or collective use. The layout includes apartments with two and three bedrooms, featuring terraces for outdoor space. The presence of two commercial spaces on the ground floor offers opportunities for business operations. The urban views and proximity to public transport support a lifestyle that is not entirely dependent on a car.
The project is classified as new construction. Handover takes place on an indicative basis. The construction comprises a ground floor with commercial spaces, three residential floors, and an accessible roof terrace. The structure includes modern installations such as air conditioning and electric blinds. Planning permission is in place for the use of the spaces.
The project does not offer a private swimming pool on the premises. Parking is available on the public street, and no garage is included. Given the urban environment, the level of privacy depends on the immediate surroundings. Distances to the beach are short but require transport or a walk of over 15 minutes. It is not a complex with resort-style amenities such as a 24-hour reception.
This project suits investors looking to deploy capital in a building with multiple income streams, from both residential and commercial leases. It is also suitable for families seeking a multi-generational living concept where family and business activity can be combined. The location is less suitable for buyers seeking the seclusion of a remote resort. The urban environment requires a preference for a lively setting with direct access to facilities. The proximity to public transport and shops makes it practical for those who value mobility.
The property features a 'New Construction' status and includes modern technical installations. Amenities such as air conditioning ensure thermal comfort, which is essential in the Málaga climate. The kitchens are fully fitted. Security measures are in place, including an entry phone and electric blinds. The commercial spaces on the ground floor have their own entrance, guaranteeing the functional separation between living and working. The finish of the terraces is oriented towards outdoor living, fitting the Mediterranean climate.
The asking price for the entire complex is set at €2,350,000. This is a total price for the complete building including six residential units and two commercial spaces. In the region, prices for apartments vary significantly based on exact location and distance to the sea. The pricing of this project reflects the combination of surface area, location, and commercial potential. Prices for comparable projects in the immediate vicinity typically start around €360,000 for single units, placing this project in a higher segment due to its scale.
Las Lagunas functions as a dynamic urban neighborhood where daily life largely takes place within walking distance. For residents, this means supermarkets, pharmacies, and dining options are immediately available. The district has a population of approximately 50,300, ensuring constant vibrancy. The presence of multiple sports centers, such as Ciudad Deportiva Las Lagunas just 400 meters away, indicates an active local community. The location on the edge of Fuengirola offers a balance between the facilities of a large town and proximity to the beach. The southeast and southwest orientations of the homes provide varying sunlight throughout the day, influencing the thermal experience in the apartments.
The surroundings offer a high degree of self-sufficiency. Within walking distance, there are over 160 restaurants and 32 pharmacies, supporting a car-free lifestyle. The proximity to train stations, with Fuengirola at 1.2 km, opens connections to Málaga Central and the airport. The streetscape is a mix of housing and local business activity. Culture is present through various sports associations and the weekly markets characteristic of this region.
The map shows the position of the complex in Las Lagunas. The blue markers indicate the proximity to beaches (1.6 km) and the airport (19 km). The green zones represent the various golf courses and sports facilities in the immediate vicinity.
Las Lagunas functions as a connecting link between Málaga city and the coastal towns like Fuengirola and Mijas. It is a highly urbanized area within the Costa del Sol corridor. This position ensures that the project is less dependent on seasonal tourism and benefits more from permanent residency and the local economy.
The strategic location ensures short travel times to major hubs. The beach of Playa de Fuengirola is 1.6 km away as the crow flies. Málaga Airport is accessible at a distance of 19 km. For golf enthusiasts, the courses of Campo Los Lagos and Mijas Golf are located at 2.6 km and 3.2 km respectively. The availability of public transport stops and EV charging points within a short distance reinforces accessibility without a private car.
| Malaga-Costa del Sol (AGP) | 19 km |
| Gibraltar (GIB) | 77 km |
Source: OpenStreetMap, Google Maps
The region has an average annual temperature of 18.6°C with historically 3,895 hours of sunshine per year. The swimming season extends over four months. The gentle slope of 1.6% towards the coast ensures natural drainage and makes the walk to the sea comfortable. The elevation of 25 meters above sea level offers some protection from salty sea breezes, which is beneficial for the longevity of buildings and vegetation.
Source: Open-Meteo (2020–2025 average)
Beach life is within easy reach. Playa de Santa Amalia and Playa de San Francisco are located at distances of 1.6 to 1.8 km. These beaches are known for their length and amenities. Besides the beaches, the extensive presence of sports centers, such as Ciudad Deportiva Las Lagunas, offers recreational opportunities beyond just the sea. The marina of Fuengirola is a key point for water sports.
Source: OpenStreetMap
Las Lagunas functions as a connecting link between Málaga city and the coastal towns like Fuengirola and Mijas. It is a highly urbanized area within the Costa del Sol corridor. This position ensures that the project is less dependent on seasonal tourism and benefits more from permanent residency and the local economy.
Las Lagunas may refer to the following places:Las Lagunas, San Luis, in San Luis province, Argentina Las Lagunas, San Juan, a locality in Sarmiento Department, San Juan, Argentina Las Lagunas, a district of Moca, Dominican Republic Las Lagunas, a district of Padre Las Casas, Dominican Republic Las Lagunas, Mijas, an area in Mijas, Spain
| Month | Avg. Temperature | Rainfall |
|---|---|---|
| January | 11.8°C | 69 mm |
| February | 12.1°C | 69 mm |
| March | 14.1°C | 54 mm |
| April | 16.1°C | 33 mm |
| May | 18.2°C | 28 mm |
| June | 22.3°C | 5 mm |
| July | 25.8°C | 1 mm |
| August | 26.1°C | 2 mm |
| September | 22.9°C | 9 mm |
| October | 19.0°C | 56 mm |
| November | 15.1°C | 84 mm |
| December | 12.5°C | 79 mm |
Ref: VL814894
Source: Wikipedia, Wikidata, INE, Junta de Andalucía
Maiko is a real estate expert specializing in the Spanish housing market. With in-depth knowledge of the Costa del Sol, Costa Blanca, and other popular coastal regions, he helps buyers find the right property. He analyzes listings based on location, market value, build quality, and livability, providing honest, data-driven advice throughout the entire purchase process.
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