€ 1,400,000
Commercial for sale in Mijas Costa, Mijas, Málaga
Description
Investment and development opportunity in beachside commercial centre in Mijas Costa.
Located just 30 km from Málaga Airport, Mijas Costa, the vibrant 12 km coastal stretch of the Mijas municipality on the Costa del Sol, welcomes around 3 million tourists each year thanks to its sunny beaches such as Calahonda, La Cala, El Faro and Riviera all blessed with Blue Flag status and a variety of water-sport options.
It’s a hotspot for expats too, hosting approximately 90,000 residents of whom over 30,000 are foreign-born.
With dozens of golf courses, sports clubs, cultural events, and strong expat-oriented businesses, Mijas Costa is a favorite among tourists, international families, retirees, and entrepreneurs alike.
The commercial centre itself is located just a minute’s walk from the beach and has a huge number of full and part-time homes as well as a large holiday resort nearby. The properties are amongst other businesses such as shops, bars, restaurants, etc.
We are offering six commercial units which are all let on long-term tenancies, two are let to one tenant and the tenancy has expired with the contract holding over currently. Three other properties are let to another tenant on an agreement that expires at the beginning of 2026. The remaining property is let with the contract expiring at the end of 2026. Currently, they bring a combined rent of 5,150€ but this figure could be increased considerably.
Additionally, the entire commercial centre has permission to build two stories above each property for residential use. Our client has obtained a building license to start work building above 2 of his units creating 2 floors of 67m2 each.
The remaining 4 units have a floor space of 80m2 and the new owner could apply for a building license to build 2 floors above.
Features
- Commercial
- Energy Efficiency Rating: In Progress