850,000 EUR

Mijas, Malaga

Discover an exceptional investment opportunity nestled in the stunning landscape of Mijas Pueblo, where panoramic sea views await your vision. Just a short, scenic stroll from the charming town center, this prime development site captures the essence of Andalusian living while providing modern conveniences. With its coveted South-West orientation, the plots offer breathtaking vistas that encompass Fuengirola, Mijas, the majestic surrounding mountains, and the sparkling Mediterranean Sea, creating an idyllic backdrop for your future project. This strategically located property is adjacent to a local school and benefits from easy access to public transport, ensuring that residents can enjoy both tranquility and accessibility. The combination of traditional charm and everyday amenities makes this area highly attractive for both future residents and investors. The investment encompasses two adjacent parcels of Unconsolidated Urban Land (SUNC) situated on Camino de los Caños. Currently in the final stages of PGOU boundary regularization, this site is poised to secure high-density zoning that promises to enhance its value significantly. The total combined area of approximately 3,609 m² presents a remarkable opportunity for development, with an approved zoning classification of CJ-3 (Garden City / Ciudad Jardín), allowing for a buildability ratio of a profitable 1.16 m²t/m²s. This means that the future buyer can unlock the potential for up to 23 residential units across the two plots. The project offers flexibility in development phases, with a combined build allowance of approximately 3,382 m². The top plot, covering 1,865 m², has a buildable area of around 1,748 m² and comes with outline planning permission for 10 apartments. Notably, this plot requires no new road or waste pipe construction, facilitating a seamless connection to existing municipal services. The bottom plot, encompassing 1,744 m², provides a buildable area of approximately 1,634 m² with planning permission for 13 apartments. This plot will necessitate the construction of a new 100-meter access road and connection to the nearby waste system, adding to the development's appeal. For corporate investors, the seller presents attractive purchase options: Option A offers the chance to acquire the land directly for €850,000, while Option B provides the opportunity to purchase the holding company for €900,000. This latter option comes with notable tax benefits, including the ability to carry forward capital losses that may be offset against future profits, subject to applicable regulations. All statutory filings and accounts for the company are fully up to date, ensuring a smooth transition for the new owner. Seize the chance to invest in this remarkable development opportunity in Mijas Pueblo, where the beauty of the landscape meets the promise of future growth and profitability.