Bar for sale in La Cala de Mijas

Building for sale with permission to convert it into housing in La Cala de Mijas, Urb La Cortijera.

Investment opportunity in La Cala de Mijas - Restaurante Oasis II, with the possibility of conversion to housing (change of use).

Located in the Urbanisation La Cortijera, in La Cala de Mijas, Malaga, this property currently functions as a restaurant and offers a great potential for conversion into housing. It is located in a very quiet area, with the charm of an Andalusian village and surrounded by green areas. The location is excellent, with direct access to the motorway and very close to all amenities: beaches, restaurants, supermarkets, schools, health centres, mayor's office and hospitals.

Characteristics of the property

Property distributed in two floors:

Ground floor of 258 square metres, with large indoor area and outdoor terrace overlooking the communal pool area and the first floor of 50 square metres, with outdoor terrace. Both floors have exterior windows on both sides of the building, with sea, pool and mountain views.

It is currently in use as a restaurant, but has permission for change of use to residential, which makes it an excellent opportunity for developers or investors interested in developing housing for both long term rental and tourism.

Surroundings and advantages

Urbanisation with a good location, quiet, with typical Andalusian architecture, it is very well communicated by the motorway. It has the beach and all the essential services very close.

High demand in the area for both residential and holiday rentals, it is a safe investment with great projection of profitability.

For more information on price, conditions or to arrange a viewing, please contact us directly.

In compliance with the Decree of the Junta de Andalucía 2182005 of the 11th of October 2005, we inform the client that the notary, registry and ITP (Property Transfer Tax) costs are not included in the price. The consumer has the right to receive a copy of the corresponding abbreviated information document of the property (‘DIA').

Features

Purchase expenses

Our expenses calculator will provide an estimate of all costs involved in buying a house in Spain. Use these figures as a guideline only: the actual figures will vary according to the property's location and the bank you choose, among other factors. To the total, you must add your mortgage payments, and comisión de apertura if your bank charges it.