HIGH-POTENTIAL PROPERTY: INVESTMENT AND DEVELOPMENT ON CONSOLIDATED URBAN LAND

€3,200,000
  • ~3,687 m² Plot surface

Description

Esta 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 operating facilities are spread across two buildings: one includes a full restaurant with a professional kitchen and a complete dwelling on the upper floor, and the main building houses a large events hall, an additional restaurant, and an extensive underground parking area with capacity for more than 20 vehicles, plus 50 outdoor spaces. The event areas are designed to be fully combinable, and there is the possibility of expanding the main building by up to two additional floors. The asset’s greatest value lies in its classification, which allows Residential development with significant buildability, specifically Ground Floor + 3 floors + Penthouse. This versatility offers an exceptional range of commercial exit options: from maintaining the current hospitality use to adapting it to a major commercial project (such as a large supermarket). Likewise, the planning regulations grant full land-use compatibility with educational and sports uses, opening the door to the development of schools, training centers, sports complexes, or large-format gyms. Finally, it allows the maximum profitability strategy: building residential units above and dedicating the Ground Floor to high-demand commercial premises. Additionally, a portion classified as private facilities is eligible to change its use to commercial through a planning adjustment, consolidating the project. In summary, this property is a dual-return asset that offers stable operating income while planning the transformation of the plot into a large-scale mixed-use project (Residential, Commercial, Educational, or Sports), ensuring exceptional profitability and return on investment.
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Engel & Völkers Mijas West

Your advisor: Luciano Robledo

Property ID: W-02W2B8

Property details
  • Object type

    Site

  • Plot surface

    ~3,687 m²

  • Building restrictions

    None

Location: Las Lagunas, Andalusia

Located in the prestigious setting of Mijas Golf, on the road that connects directly to Coín, the complex enjoys excellent visibility and access, attracting both residents and visitors. Surrounded by golf courses, green areas and high-end residential developments, the asset is just minutes from Fuengirola, La Cala de Mijas and the beaches of the Costa del Sol. As added value to its established presence in the area, very close to the restaurant are the well-known sports center "Raquetas de Mijas" and the prestigious international school "St. Anthony’s College", which provides the surroundings with qualified daily footfall and an audience profile ideal for developing synergies. Its strategic location allows quick access to the AP-7 and the A-7, making it easy to arrive from Málaga and its international airport in under 30 minutes, as well as from Marbella in just 20 minutes. An ideal enclave to ensure a steady flow of customers year-round and to develop highly profitable projects in hospitality, food and beverage, events, commercial, educational or sports uses.

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