
Commercial in Mijas




Description
This exceptional commercial residential building in Las Lagunas, Mijas, presents a rare turnkey acquisition for those seeking a high-yield hospitality asset on the Costa del Sol. Strategically positioned to capture the growing demand for flexible tourist accommodation, the property has been operating as a successful aparthotel since 2021. With a south-west orientation that ensures natural light throughout the day, the structure boasts 570 square meters of meticulously renovated space, housing nine independent apartments that cater to various guest profiles from solo travelers to large families.
The architectural layout is intelligently distributed across three levels plus a spectacular top floor. The ground floor features two spacious units including a two-bedroom apartment with a private patio. The middle floors offer a versatile mix of one and two-bedroom residences, most benefiting from 8-square-meter private terraces that overlook the urban landscape. Crowning the building is a magnificent five-bedroom duplex penthouse, which includes three bathrooms and an expansive 40-square-meter terrace designed for Mediterranean outdoor living. In total, the property provides 16 bedrooms and 11 bathrooms, all finished to a contemporary standard.
Every unit within this Mijas hostel project comes fully furnished and equipped with modern kitchens, double glazing, and efficient air conditioning systems. The renovation utilized high-quality materials to ensure longevity and low maintenance in a high-turnover rental environment. Practical amenities such as fiber optic internet, entry phones, and fitted wardrobes are standard across all apartments, while the separate property registry extracts for each floor provide significant legal flexibility for future exit strategies or fractional sales.
Located in the heart of Las Lagunas, the property is surrounded by essential infrastructure. Guests are just steps away from a vibrant selection of local restaurants, bars, and major supermarkets. Connectivity is a key highlight, with immediate access to the A-7 highway and a convenient 20-minute walk to the sandy shores of Fuengirola. This fully licensed tourist establishment offers a demonstrable track record of profitability, making it a secure choice for diversifying a real estate portfolio in one of Spain's most resilient tourism markets.
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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€ 1 800 000
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Based on 30% of gross monthly income
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