La Cala Hills commercial center €915.000,-

• Commercial center with 5 units
• All units have tenants
• Strong annual return of 5 % net

Andaluza Estates offers you a rare opportunity to buy 5 units of 90 m.2 each. Currently the units are used as bar / restaurant, real estate agency, supermarket and storage rooms of a moving company. The units are located in a popular commercial center opposite St. Anthony’s College in a densely populated area. All units are leased with either 1 or 5 year long-term contracts.

The total area of ​​the units is 450 m2 plus a terrace of 150 m.2.
The rent per unit was reduced during the recession to help the companies, but now that the crisis is over, there is a chance to increase it and to further improve the return.

Rental income per year of the total of the units is € 43.380.

The seller has a Spanish SL company without a mortgage.

Interested parties are advised that this is a confidential sale and that as such employees of the units may not be aware that the commercial center is on the market. No direct approach to the property may be made and all visits should therefore be arranged through the agent of the seller Andaluza Estates.

Andaluza Estates will gladly assist you with flight and accommodation to facilitate a viewing.

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Mijas is a town and municipality in the Province of Málaga, in the autonomous community of Andalusia. Located on the South-Eastern coast of Spain, Mijas belongs to the region of Costa del Sol Occidental. Its centre is a typical Andalusian white-washed village, located on a mountainside about 430 metres or 1,476 feet above sea level, in the heart of the Costa del Sol region.

The municipality includes:

  • Mijas Pueblo (the hillside village)
  • Mijas Costa (the main commercial and residential area adjacent to, but not part of, Fuengirola)
  • La Cala de Mijas (a separate village and small resort by the sea to the west)
  • Las Lagunas (a largely suburban and mixed commercial area to the north of Fuengirola).

The economy of Mijas is primarily based on tourism, featuring local historical museums and many souvenir shops. The municipality has seven golf courses (four more are under construction), including the La Cala Resort, which is the biggest golf resort in Spain. Agricultural products include potatoes, cereals, and avocados.