
Commercial Premises in Calahonda




Description
Discover an exceptional commercial investment opportunity within the highly sought-after Centro Comercial El Zoco in Calahonda, a vibrant hub on the Mijas Costa renowned for its dynamic commercial activity. This prime commercial premises in Calahonda offers immediate rental income and a robust potential for capital appreciation, making it an attractive proposition for astute investors looking to expand their portfolio on the Costa del Sol. The location benefits from a consistent flow of both local residents and tourists, ensuring excellent visibility and strong foot traffic for any business.
The main offering comprises two independent commercial units, each with its own cadastral reference, expertly merged into one expansive 80 m² space. This thoughtful configuration provides a versatile environment, currently operating as a thriving retail business. The premises underwent a comprehensive renovation in 2024, presenting a modern, attractive interior that requires no further investment, ensuring a seamless transition for new ownership. With two independent entrances, the property offers flexibility for various commercial uses or the potential for future division, adapting to evolving market demands.
A standout feature of this commercial premises is the exclusive use of a communal terrace directly in front of the property. This outdoor space significantly enhances visibility and provides valuable additional commercial area, perfect for al fresco displays or customer seating. The property also benefits from efficient air conditioning systems, ensuring comfort for tenants and clients throughout the year. Its strategic position within a bustling commercial centre guarantees easy access and ample parking for visitors, a crucial advantage in this popular coastal area.
This investment is further strengthened by a stable, income-generating lease already in place. The property is currently rented under a 5-year contract, providing a consistent monthly income of €1,250 plus VAT, which translates to an approximate gross yield of 7.5% based on the asking price. This immediate return on investment, combined with the property's prime location and recent renovation, positions it as a secure and profitable asset.
For those seeking an even larger investment package, an additional, adjacent 40 m² commercial unit is also available from the same owner. This third unit is fully renovated and currently rented to a beauty salon for €550 per month plus VAT. Purchasing all three units together offers a combined rental income of €1,800 per month plus VAT and an estimated gross yield of 8.6%, representing a compelling full investment package for substantial returns in the thriving Calahonda commercial market.
About Mijas
The municipality of Mijas comprises three radically different areas: the traditional mountain village of Mijas Pueblo, the modern centre of Las Lagunas, and the coastal settlement of La Cala de Mijas.
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€ 175 000
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Based on 30% of gross monthly income
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