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**Exceptional Opportunity in La Cala de Mijas – Versatile Property with Tremendous Residential and Commercial Potential** **Prime Location** Nestled on the coveted Bulevar de La Cala, this property sits on one of the most dynamic and prestigious streets in Mijas Costa. Just a short 3-minute stroll to the beach, it is surrounded by an array of shops, restaurants, schools, healthcare facilities, and all essential amenities. This area is continually thriving with an influx of tourists and residents alike. **Property Overview** - **Land Area:** 168 m² - **Constructed Area:** 260 m² **Property Configuration:** - **Ground Floor:** Features a commercial space complete with a covered terrace, ideal for a restaurant, boutique, or professional office. - **First Floor:** Recently refurbished apartment, move-in ready or perfect for rental. - **3 Bedrooms** - **1 Full Bathroom** - **Open-Concept Kitchen and Dining Area** - **Bright and Spacious Living Room** **Development Potential** The zoning permits the addition of two more floors, allowing for a total of four stories. This opens the door to a variety of investment opportunities: - Short-term rentals or vacation apartments - Co-living arrangements or a boutique hostel - Combined residential and commercial usage, with vertical expansion capabilities - Corporate office space with integrated living quarters **Valuation & Investment Returns** - **Official Appraised Value:** €1,740,000 - **Current Listing Price:** €1,650,000 There is significant potential for high returns through expansion, mixed-use rentals, or resale following development. **Key Highlights** Prime location in a high-demand area Expandable project with immediate possibilities Versatile property adaptable for residential, commercial, or mixed-use purposes Perfect for tourism initiatives, long-term investments, or as a business headquarters Don’t miss this chance! Contact us today to schedule a viewing and explore this urban treasure with incredible potential in the vibrant heart of Costa del Sol.