Description

HIGH RETURN ON INVESTMENT OPPORTUNITY IN LA CALA DE MIJAS.

Urban plot of 15,236 m2 located on the edge of La Cala de Mijas, opposite the complexes of El Lagar and La Cala Sunset. The plot is flat and has already been segregated into 18 plots, 16 of 825 m2, 1 of 972 m2 and 1 of 1064 m2 for the construction of DETACHED VILLAS. Buildability of 30%. Project design, construction, management and financing can all be arranged for the client if required.

A preliminary villa design study has been made, giving an idea of the maximum profitability achievable, for 18 detached villas with lounge of 39m2, 3 bedrooms, 2 bathrooms, guest toilet, covered terrace of 28m2, private swimming pool and integrated single garage. Full plans still need to be completed and presented to Mijas Ayuntamiento to obtain planning approval.

This is a very up-and-coming area with excellent road infrastructure and services already in place and major investment in other new building projects (contemporary villas and townhouses) due to be completed in the next few years.

The plot is situated just a short 5-minute car drive to the centre of the picturesque La Cala De Mijas, with its abundance of bars, shops, restaurants, supermarkets and fantastic beaches. It is also just 10 minutes’ drive from a variety of excellent golf courses including El Chaparral Golf, Miraflores Golf, Santana Golf & Country Club, Mijas Golf and Calanova Golf! The green light has been given to the nearby ‘Valle Del Golf’ project which will include construction of a new 5 star hotel and 18-hole golf course. The ‘Gran Parque de Mijas’ will open in May 2025. This will be the largest park on the Costa del Sol, with an area of 270,000 m2 and a huge variety of activities including an open-air amphitheatre, boating lake, cycling paths, sports courts, children’s playground, skatepark, splashpark and dog training park.

La Cala de Mijas is located midway between Fuengirola and Marbella and from here you can reach Malaga International Airport in approximately 30 minutes by car and Malaga city centre, one of the most desirable city destinations in Europe, in around 45 minutes.

This is a fantastic investment opportunity on the Costa Del Sol!

Details

Property Reference:R4937122
Reference Agency:
Country:Spain
Year Built:Unknown

Features

Setting: Close To Golf, Close To Shops, Close To Schools
Orientation: East
Views: Country, Garden, Pool, Urban, Street
Utilities: Electricity, Drinkable Water, Telephone
Category: Investment

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Hernan Bustos
Hernán Bustos
Director - Real Estate Broker

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