Apartment in Mijas

This exceptional commercial investment opportunity in Mijas presents three strategic development plots totalling 6,100 m² of buildable area. Situated just a five-minute stroll from the picturesque whitewashed streets of Mijas Pueblo, the land offers an elevated position with commanding panoramic views of the Mediterranean coastline. This portfolio represents a rare chance to acquire prime urban land in a region where supply for multi-unit projects is increasingly limited.

The development is partitioned into three distinct projects with a combined capacity for 53 residential units. Plot 1 is a self-contained site with outline permission for 10 high-end apartments or townhouses, benefiting from standard infrastructure requirements. Plots 2 and 3 are designated for 13 and 30 units respectively, providing a total land area of 9,609 m². The architectural vision for the largest plot involves five elegant blocks harmoniously distributed across the terrain to maximize privacy and vistas.

Technical specifications confirm the land is classified as Unconsolidated Urban Land (SUNC) under the Mijas PGOU. While Plots 2 and 3 require the implementation of a new access road and waste management infrastructure, these enhancements are already integrated into the financial feasibility studies. The low land cost per unit of approximately €40,000 ensures a highly competitive entry point for developers looking to capitalize on the robust demand for new-build luxury housing in the Costa del Sol.

Mijas Pueblo remains one of the most sought-after locations for international buyers, blending traditional Andalusian charm with modern amenities. The site is perfectly positioned for those seeking proximity to world-class golf courses, international schools, and the vibrant coastal life of Fuengirola, which is reachable within a ten-minute drive. This development offers a high-margin exit strategy for professional investors or corporate entities looking to expand their portfolio in Spain.