Villa in Mijas

Málaga, Spain

€1,200,000

Living surface 326 m²
Plot size 18000 m²
No. bedrooms 5
No. bathrooms 3

Description

Undoubtably the best development opportunity currently available in the Mijas area.

The plot which is on the Mijas//Fuengirola road one km below the pueblo is a total of 18,000 sq metres of which one third is buildable.

There is existing approval to build 10 townhouses of 276 sq metres each but we understand that this could be changed keeping within the total build size of 2,760 sq metres.

This part of the plot is relatively flat making for easy construction and access from the road.

Adjacent to the main plot is a further 2,900 sq metres which can be purchased for an additioal 180,000 euros and would increase the number of houses to 12

The existing villa of 326 sq metres needs some updating but has a separate apartment ,garage and pool and could have 5 bedrooms. This could then become a luxury independent villa or boutique B&B. Subject to town hall approval this part of the plot could be separated from the new construction

Being elevated from the surrounding area there are great views down to the sea. The non buildable part of the plot would remain as a green oasis sloping down to the river bed.

This is a unique opportunity to make a substantial rate of return on your investment.

Setting : Suburban, Village, Close To Town.
Orientation : South.
Pool : Private.
Views : Country, Panoramic, Garden.Sea
Features : Near Transport, Private Terrace, Double Glazing.
Furniture : Not Furnished.
Kitchen : Partially Fitted.
Garden : Private.
Security : Alarm System.
Parking : Garage.
Category : Investment, Resale.

General

Property ID

47703

Price

€1,200,000

Status

te koop

Currency

EUR

Construction

Construction type

Existing building

Home type

Villa

Layout

Living surface

326 m²

No. bathrooms

No. bedrooms

Plot size

18000 m²

Address

Place

Country

Province

Regio

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Map

Offered by:

BC Del Sol Estates & Investments S.L.

Del Sol Estates & Investments is an international real estate agency specializing in second homes, investment properties, resales, and new-build developments along the Spanish coast.

We guide our clients from A to Z when buying or selling property in Costa del Sol, Costa Blanca, Costa Cálida, and Costa Almería. With strong local expertise, developer partnerships, and a...

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