Investment Properties for sale in Mijas Costa

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Investment Opportunity With 300.000€ Reduction

Mijas Costa, Malaga, Spain

  • Freehold Price: €750,000
Seller Reference: CMJ3375
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Business Description
 
 
 
 
 
 
 
 
 
 
 
 
 
 
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Seller Reference: CMJ3375
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Business Description
Property of approximately 1,000m2 built over 3 floors with lift installed. Located in Calanova Grand Golf Resort.
If you are searching for a sound value for money investment that offers both commercial and residential options then this modern, part finished property must be considered as a very financially viable project that can be completed quickly. Ideal as a buy to lease or let investment or for owner occupation.
The property offers ground floor of 598m2 including communal areas, it contains a fully equipped Bar with kitchen of approximately 80m2 with a massive outside terrace of some 300m2, there is also a fully functional Spa of 159m2 with hydro pool, Jacuzzi and sauna plus a basement store of 50m2 and a toilet block of 41m2 constructed with floor to ceiling marble, this could possibly be converted to an office or games room etc.
The first floor of approximately 195m2 has a pre project to construct 2 x two bedroom apartments, the cost of this development is estimated at 50.000 euros.
The top floor of 222m2 including common areas, has sea views, it has a project to create a penthouse apartment of 100m2 plus a sun terrace of 100m2, it is under construction and needs completing at a cost of approximately 20.000 euros.
The property is set within mature gardens with 2 swimming pools and many water features and surrounded by some 400 apartments, it is located on the stunning Calanova 18 hole golf course.
The asking price is 1.050.000 euros or if purchased BEFORE August 2021 it is offered at a BARGAIN PRICE of 750.000 euros.
Tenure:
Freehold
Is accommodation included?:
See description
Location Details:
Calanova Grand Gold Resort in Mijas Costa, close to La Cala de Mijas and the beach
Listed by:
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