Градска къща - Михас

House with 4 Bedrooms and Patio in the Heart of Mijas Pueblo

A great investment opportunity in the very center of Mijas Pueblo, one of the most picturesque enclaves on the Costa del Sol and with an ever-growing demand. This extraordinary property has everything an investor is looking for: strategic location, generous size, endless renovation possibilities, and outstanding profitability potential.

The house offers over 200 m² built, currently distributed into spacious rooms such as the living-dining area and kitchen, and is ready for a complete renovation that would allow it to be adapted to different projects. Thanks to local planning regulations, there is also the possibility of increasing the buildable area by adding an extra floor, which would significantly raise its value and open the door to multiple development scenarios. This would allow for 3 to 4 additional rooms, while the existing interior patio could be turned into a charming Andalusian courtyard and its unique cave converted into a beautiful wine cellar.

Investment and development options:

Large single-family residence: perfect for creating an exclusive home for private enjoyment in one of the most sought-after areas of the province.

Division into 2 or 3 independent apartments: ideal for resale or for long- and short-term rental exploitation.

Tourist or room-by-room rental project: a highly profitable model given the strong year-round demand from visitors in Mijas Pueblo.

Its privileged location, close to the historic center, public parking, restaurants, shops and all essential services, makes this property a strategic point for both living and investing. The combination of authentic Andalusian charm and constant tourist demand ensures a strong increase in value in the medium to long term, being just 30 minutes from Málaga or Marbella and only 20 minutes from Málaga–Costa del Sol Airport.

In short, this is a property of unique character, unlimited potential, and exceptional versatility, perfect for those who wish to create a one-of-a-kind real estate project in an incomparable setting.

Don’t miss the chance to turn this gem into your next major investment success on the Costa del Sol.