Description
INVESTMENT OPPORTUNITY: SALE OF TWO JOINT PROPERTIES~Two adjacent properties for sale with great development potential.~~📍 Current Status:~~Land area: 257 m² (132 m² + 125 m²)~Existing building: Ground floor + 1st floor + tower (staircase + storage room)~Current built area: 458 m² (228 m² + 230 m²)~🔹 Permitted Uses:~✅ Residential (all categories)~✅ Parking~✅ Offices~✅ Commercial~✅ Hospitality, hotel, community accommodation~✅ Recreational, healthcare, educational, cultural, and more~~📈 Proposed Renovation and Expansion~According to current regulations and the building conditions, a renovation and expansion project is proposed with the following built areas (final layout pending):~~🏗 Total built area after renovation: 923.40 m²~~Ground Floor: 243 m² (including a 14 m² patio)~First Floor: 243 m²~Second Floor: 243 m²~Penthouse Floor: 194.40 m² (80% of the floor area)~🔹 Potential for distribution into 14 apartments, including 2 penthouses.~~📌 Strategic location and multiple investment opportunities. Ideal for developers, investors, or individuals looking to undertake a high-return real estate project.~~📞 Contact us for more information!~~Agency fees are included in the sale price.~In accordance with Andalusian Decree 218/2005, notary fees, Land Registry costs, and VAT (if applicable) are not included in the price. Property Transfer Tax (ITP) of 7% will apply, in addition to notary fees (approx. 0.3%–0.5%) and Land Registry fees (approx. 0.1%–0.3%) calculated on the sale price.~The information provided is for guidance only, is non-contractual, and may be subject to updates or changes.~To confirm details or obtain the latest information, we recommend contacting us.~~
Property facts
- Property referenceFH01568
- Property typeHouse
- Property statussale
- Price€ 700,000
- Bedrooms3
- Bathrooms2
- BuiltN/A
- LocationMijas, Malaga, Spain
- Price text700,000 EUR
- Numeric price700,000 EUR
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Agency
Fortuna Homes
City
Mijas
Region
Malaga
Country
Spain
Source
HME/propertyfeed