Commercial Property for sale

Commercial Property for sale

Mijas Costa, Málaga
290,000
 
  • Commercial Property for sale
  • Commercial Property for sale
  • Commercial Property for sale
  • Commercial Property for sale
  • Commercial Property for sale
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Ref: 428-05389P
Property marketed by Selection Med Selection Med
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Prime Commercial Unit | 117 m² | High Ceilings | Strong Investment Potential

A rare opportunity to acquire a high-potential commercial unit in a well-established and rapidly growing residential area near Mijas Golf, just a short drive from both La Cala de Mijas and Fuengirola.

Offering 117 m² of interior space, the property benefits from exceptional ceiling height, allowing for the creation of a mezzanine level to significantly increase usable surface area and enhance long-term value.

Currently undergoing renovation and available from June, the unit presents a blank canvas ready to be tailored to a wide range of commercial concepts. It also offers the possibility to open onto the street with large windows and a terrace, ensuring excellent visibility and a strong commercial presence.

Strategic Location

Set within a vibrant and active environment, the unit is surrounded by:

Established residential communities
Offices and professional services
Restaurants and cafés
Supermarkets and daily amenities
A large school generating consistent daily activity

Additionally, the area benefits from several nearby golf courses, including Mijas Golf just moments away, attracting both residents and visitors year-round.

This combination ensures constant activity and a diverse, stable client base.

Future Growth & Value

The area is set to benefit from a major upcoming development of approximately 700 new residential units, which will significantly increase both footfall and demand for local businesses, reinforcing the long-term investment potential.

Investment Highlights

Strong rental demand in the area
Gross yield potential estimated at ~7.8%
Excellent medium-term appreciation prospects
High versatility for multiple business concepts

A Smart, Future-Proof Investment

Whether for owner-occupation or as a high-performing rental asset, this property represents a compelling opportunity in one of the Costa del Sol’s most promising growth areas.

Property Features

  • 0 bedrooms
  • 1 bathroom
  • 117m² Build size
  • Communal garage
  • Amenities near
  • Transport near
  • Private terrace
  • Street view
  • Unfurnished
  • Close to children playground
  • Close to golf
  • Uncovered terrace
  • Recently Renovated / Refurbished
  • Urban view
  • Close to shops
  • Close to town
  • Close to schools
  • Internet - Fibre optic
  • Close to restaurants
  • City views

Costing Breakdown

Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
26,000€
Final Payment of 90% on completion
261,000€
 
Property Purchase Expenses
Property price
290,000€
Transfer tax 10%
29,000€
Notary fees (approx)
600€
Land registry fees (approx)
600€
Legal fees (approx)
1,500€

* Transfer tax is based on the sale value or the cadastral value whichever is the highest.

** The information above is displayed as a guide only.

Mortgage Calculator

Mortgage Amount:
290,000€
Deposit:
Interest Rate:
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Mortgage Result

* The information above is provided by The MHI Group and displayed as a guide only. Individual circumstances could change the rate we offer for a mortgage. Please click the link below to get a personalised quote.

Spanish Property News & Updates by Spain Property Portal.com

In Spain, two primary taxes are associated with property purchases: IVA (Value Added Tax) and ITP (Property Transfer Tax). IVA, typically applicable to new constructions, stands at 10% of the property's value. On the other hand, ITP, levied on resale properties, varies between regions but generally ranges from 6% to 10%.

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Spain Property Portal is an online platform that has revolutionized the way people buy and sell real estate in Spain.

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In Spain, mortgages, known as "hipotecas," are common, and the market has seen significant growth and evolution.

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