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.
Setting
Suburban
Village
Orientation
South
Condition
Renovation Required
Pool
Private
Views
Sea
Country
Panoramic
Garden
Features
Near Transport
Private Terrace
Guest Apartment
Double Glazing
Furniture
Not Furnished
Kitchen
Partially Fitted
Garden
Private
Security
Alarm System
Parking
Garage
Private
Utilities
Electricity
Category
Investment
Resale
Community Fees: €0 / monthly
Basura Tax: €145 / annually
IBI Fees: €3,400 / annually
Highlights
Reference
R3037373
Price
€1,200,000
Location
Mijas
Area
Málaga
Property Type
Residential Plot
Bedrooms
5
Bathrooms
3
Plot Size
18000 m2
Built
326 m2
Terrace
124 m2
More Information
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