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**Exceptional Real Estate Opportunity in La Cala de Mijas – Versatile Property with Remarkable Residential and Commercial Potential** **Prime Location** Nestled on the highly coveted Bulevar de La Cala, this property is situated on one of the most frequented and esteemed streets in Mijas Costa. Just a short three-minute stroll to the beach, it is enveloped by an array of shops, dining options, schools, healthcare facilities, and all necessary amenities. This vibrant area is witnessing consistent growth in both tourism and residential sectors. **Property Overview** - **Land Area:** 168 m² - **Constructed Area:** 260 m² **Property Configuration:** - **Ground Floor:** Features a commercial space with a covered terrace, ideal for a restaurant, boutique, or professional office setup. - **First Floor:** Recently updated apartment, move-in ready or suitable for rental. - **Bedrooms:** 3 - **Bathrooms:** 1 full - **Kitchen and Dining:** Open-plan design - **Living Room:** Bright and spacious **Promising Development Opportunities** The zoning regulations permit the addition of two more floors, allowing for a total of four stories. This creates a wealth of investment possibilities: - Short-term vacation rentals or tourist accommodations - Coliving spaces or boutique hostel options - Combination of residential and commercial use with vertical expansion - Corporate office with an integrated living space **Valuation & Profit Potential** - **Official Property Valuation:** €1,740,000 - **Current Listing Price:** €1,650,000 The prospect for a strong return on investment is clear through expansion, mixed-use rental strategies, or resale following development. **Key Selling Points:** ✔ Impeccable location in a highly desirable area ✔ Expandable project with immediate prospects ✔ Multifunctional property: suitable for residential, commercial, or mixed-use ✔ Perfect for tourism enterprises, long-term housing investments, or as a business headquarters Don’t miss this chance to explore this urban treasure with incredible potential in the heart of the Costa del Sol. Contact us today to schedule a viewing!