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EUR950000MijasCosta del SolSpainEXCEPTIONAL INVESTMENT
Parcela con 3 edificios en la mejor calle turística de Mijas Pueblo.
Urban plot with a comercial building, a small shop and a house in the absolute center of Mijas Pueblo (Calle Los Caños). This is by far the best comercial street in Mijas Pueblo with thousands of people coming through this street, every day of the year!
The three buildings have been abandoned for many years. Renovation is a must - the commercial building can be restored, the house as well although demolishing and rebuilding may be the better option.
Real value in this street is well over one million euros.
Rental value is very high: the small shops left and right of the property are rented out for between 2500€ and 3500€ per unit per month...
You would then still have two floors of apartments on top to live in or rent out.
We already have several serious requests to rent the premises once sold.
After renovation or rebuilding, an 8% yield is easily obtainable.
In this ever popular touristic town, a very rare find for your next business venture with housing attached.
Parcela con 3 edificios en la mejor calle turística de Mijas Pueblo.
Urban plot with a comercial building, a small shop and a house in the absolute center of Mijas Pueblo (Calle Los Caños). This is by far the best comercial street in Mijas Pueblo with thousands of people coming through this street, every day of the year!
The three buildings have been abandoned for many years. Renovation is a must - the commercial building can be restored, the house as well although demolishing and rebuilding may be the better option.
Real value in this street is well over one million euros.
Rental value is very high: the small shops left and right of the property are rented out for between 2500€ and 3500€ per unit per month...
You would then still have two floors of apartments on top to live in or rent out.
We already have several serious requests to rent the premises once sold.
After renovation or rebuilding, an 8% yield is easily obtainable.
In this ever popular touristic town, a very rare find for your next business venture with housing attached.
