Residential Plot For Sale In Mijas
€850,000
Andalusia, Spain
1
bedroom
1
bathroom
Land
property type
5 days ago
listed
About this place
Prime Investment Opportunity: Panoramic Sea View Development Plots in Mijas Pueblo Discover an exceptional development opportunity located just a short, scenic stroll from the picturesque heart of Mijas Pueblo. Boasting a highly sought-after South-West orientation, this site offers absolutely breathtaking, panoramic views stretching across Fuengirola, Mijas, the surrounding mountains, and the Sea. Perfectly positioned next to a local school and with easy access to public transport (bus stop nearby), this location combines the tranquility and charm of traditional Andalusian living with everyday convenience. Investment Overview This property, consists of two adjacent parcels of Unconsolidated Urban Land (SUNC) on Camino de los Caños. The site is currently in the final stages of a PGOU boundary regularization, which when successfully secured will enable highly favorable, high-density zoning for the future buyer. with the following: Total Combined Area: Approximately 3,609 m². Approved Zoning: CJ-3 (Garden City / Ciudad Jardín). Buildability Ratio: A highly profitable 1.16 m²t/m²s. Development Capacity: Outline planning granted for up to 23 residential units across the two plots. Permitted Height: Up to 10 meters (Ground Floor + 2). Plot Breakdown The project offers the flexibility to develop in phases with a total aproximate build allowance of 3382m2: Plot 1 (Top Plot): 1,865 m² total area with a buildable area of approx. 1,748 m². Outline planning for 10 apartments. This plot requires no new road or waste pipe construction, allowing for direct connection to existing municipal services. Plot 2 (Bottom Plot): 1,744 m² total area with a buildable area of approx. 1,634 m². Outline planning for 13 apartments. Requires the construction of a new 100-meter access road and connection to the nearby waste system. Purchase Options The seller is offering the following for corporate investors: Option A: Purchase the land directly for €850,000. Option B: Purchase the holding company for €900,000. Acquiring the company comes with the significant tax benefit of carrying forward capital loss, which may be offset against future profits (subject to regulations). All statutory filings and accounts are fully up to date
Buying property in Spain
Spain welcomes foreign buyers with no nationality restrictions. The buyer needs an NIE (Número de Identidad de Extranjero) before completion, and most buyers open a Spanish bank account to handle the deposit and ongoing charges. An independent lawyer (abogado) is strongly recommended — the notario only checks the deed, not the wider title.
Spain ended its Golden Visa property route in April 2025.
Non-resident mortgages are widely available, typically 60–70% LTV.
Non-resident sellers face a 3% withholding from the sale price (retención), claimable against capital gains tax.
Always check community-of-owners (comunidad) debts and outstanding IBI before completion — they transfer with the property.
General guidance only — confirm specifics with a qualified local lawyer or tax adviser. Reference
