Engel & Völkers
Aerial view of a building with a parking lot, cars, and a road, surrounded by greenery and other buildings.

HIGH POTENTIAL PROPERTY: INVESTMENT AND DEVELOPMENT IN CONSOLIDATED URBAN LAND

€3,200,000
  • ~3,687 m² Plot surface

Description

This exceptional plot, currently successfully operating as a profitable hospitality and events complex ("Venta de la Torre"), presents a unique investment opportunity, combining immediate profitability with extraordinary real estate development potential thanks to its classification as Consolidated Urban Land (S.U.C.). The operational facilities are distributed across two buildings: one includes a full restaurant with a professional kitchen and a complete residence on the upper floor, and the main building houses a large event hall, an additional restaurant, and an extensive underground parking lot with capacity for more than 20 vehicles, plus 50 outdoor spaces. The event spaces are designed to be fully unifiable, and there is the possibility of expanding the main building by up to two additional floors. The greatest value of the asset lies in its classification, which allows for Residential use development with significant buildability, specifically Ground Floor + 3 floors + Penthouse. This versatility offers the option of maintaining the current hospitality use, adapting it to commercial use (such as a large supermarket), or applying the strategy of maximum profitability: building high-rise residences and dedicating the Ground Floor to high-demand commercial premises. Additionally, a portion classified as private equipment is susceptible to changing its use to commercial through an urban planning adjustment, consolidating the project. In summary, this property is a dual-yield asset offering stable operating income while planning the transformation of the plot into a large-scale mixed-use project (Residential and Commercial), ensuring exceptional profitability and return on investment.
engel & völkers shop image

Engel & Völkers Mijas

Your advisor: Luciano Robledo

Property ID: W-02W2B8

Property details
  • Object type

    Other

  • Plot surface

    ~3,687 m²

Location: Municipality of Mijas, Andalusia

Located in the prestigious Mijas Golf area, on the road that directly connects with Coín, the complex enjoys great visibility and access, attracting both residents and visitors. Surrounded by golf courses, green areas, and high-end residences, it is just a few minutes from Fuengirola, La Cala de Mijas, and the beaches of the Costa del Sol. Its strategic location allows for quick connection to the AP-7 and A-7, facilitating arrival from Málaga and its international airport in less than 30 minutes, as well as from Marbella in just 20 minutes. An ideal enclave to ensure a constant flow of customers throughout the year and to develop hospitality, restaurant, event, or commercial use projects with high profitability.

Contact the provider

Get more information about this property

I agree with the processing of my data for the purpose of searching for properties and being contacted by Famasa Real Estate S.L.. If I provide my telephone number, I also consent to being contacted by telephone. My above data may be passed on to a suitable local license partner from the Engel & Völkers Group for the purpose of establishing contact.

You can find out in detail which data Famasa Real Estate S.L. stores, what rights you have in this context, and how to revoke your consent for the future at any time in the privacy policy.

Nearby properties

These homes might interest you

Your shop

Engel & Völkers Mijas

engel & völkers shop image

Provider:

Famasa Real Estate S.L.

Privacy policy of content provider

License partner of Engel & Völkers Residential GmbH

wavy pattern