Development Land for sale in Calahonda, 199,000 €
Calahonda, Mijas Costa, Malaga province
199,000 € Updated 2 days ago
80 m² built, 1 bathrooms
Development land in Calahonda for sale
⚠️ IMPORTANT – PLEASE READ THE FULL DESCRIPTION ⚠️
This listing presents TWO different investment opportunities involving THREE commercial properties in total. The main offer consists of two merged units sold together, with the possibility to also purchase a third adjacent unit for a larger investment package.
Commercial Investment Opportunity – Centro Comercial El Zoco, Calahonda
A fantastic income-generating commercial investment located in the well-established Centro Comercial El Zoco in Calahonda (Mijas Costa), one of the area's most active commercial centres surrounded by restaurants, cafés, shops and daily services.
The main property consists of two independent commercial units (each with its own cadastral reference) that have been physically merged into one spacious commercial premises, currently operating as a retail business.
The premises offer approximately 80 m² of main commercial space and were fully renovated in 2024, meaning the property is modern, attractive, and ready for long-term use without additional investment.
One of the most valuable features is the exclusive use of a communal terrace directly in front of the property, providing extra visibility and potential commercial space.
The premises also benefit from two independent entrances, allowing flexible use or potential future separation if desired.
The property is located in a busy commercial centre with excellent accessibility, strong foot traffic and ample parking directly outside, making it attractive for tenants and businesses alike.
Current Rental Situation
The property is rented with a 5-year lease contract generating:
€1,250 per month + VAT
This represents an approximate gross yield of 7.5% based on the asking price.
Main Investment Property (Two Units Sold Together)
Two commercial units with separate cadastral references
Physically merged into one large premises
Approx. 80 m² commercial space
Fully renovated in 2024
Two independent entrances
Exclusive use of a communal terrace
Tenant in place with 5-year contract
Rental income: €1,250/month + VAT
Price
€199,000
Additional Investment Opportunity (Third Unit)
There is also a third commercial unit located directly next to the property, belonging to the same owner.
This property is approximately 40 m², fully renovated, and currently rented to a beauty salon.
Rental income:
€550/month + VAT
Price
€75,000
Full Investment Package
Investors also have the opportunity to purchase all three commercial units together.
Instead of the total individual price of €274,000, the owner is offering a package deal for €250,000.
Combined Rental Income
€1,800/month + VAT
€21,600/year
Estimated Gross Yield
Approx. 8.6%
✔ Established commercial centre
✔ Stable tenants already in place
✔ Immediate rental income
✔ Renovated properties
✔ Excellent parking and accessibility
✔ Strong ROI for investors
A rare opportunity to acquire multiple income-producing commercial properties in one of Calahonda's most established commercial locations.
Property Details
- R5221144
- Development Land
- 1 Bathrooms
- 80 m² Built
- Air conditioning
- Recently Renovated / Refurbished
- Sea view
- Unfurnished
Price, costs & taxes
| Asking price | 199,000 € |
|---|---|
| Built m² | 80 m² |
| Price per m² Built | 2.488 € |
| Community Fee | 398 € / month |
The sale price does not include expenses and taxes. Additional costs for the buyer: registration and notary fees, ITP (Transfer Tax) or in its absence VAT, and AJD (Stamp Duty) on new properties and subject to some requirements to be met. These costs and taxes are different depending on the province / autonomous community where the property is located and even on certain specific aspects of the buyer. All details and information sheet are available upon request from Niche Estates. This information is subject to errors, omissions, modifications, prior sale or withdrawal from the market.
About the building
| Year Built | 2024 |
|---|---|
| Floors | 1 |
| Levels | 1 |
| Property type | Development Land |
| EPC | In Progress |
Listing agent
Niche Estates Real Estate agents in Mijas Costa +32 494 52 21 89
Location
- Calahonda
- Mijas Costa
- Malaga province
Disclaimer This is a property advertisement (REF R5221144) provided and maintained by Niche Estates, Urb. El Herrojo, CJ La Quinta Greens, S/N Benahavis, and does not constitute property particulars. Whilst we require advertisers to act with best practice and provide accurate information, we can only publish advertisements in good faith and have not verified any claims or statements or inspected any of the properties. PropertyTop.com does not own or control and is not responsible for the properties,website content, products or services provided or promoted by third parties and makes no warranties or representations as to the accuracy, completeness, legality, performance or suitability of any of the foregoing. We therefore accept no liability arising from any reliance made by any reader or person to whom this information is made available to.