Large-Scale Residential Plot with Hotel Zoning in Mijas
€2,600,000
- 1
- Bedroom
- 1
- Bathroom
- Land
- Type
- 1 Sept 2026
- Listed
The Habio take
This expansive residential plot in Mijas offers significant investment potential, set within the sought-after El Compás area. With over 6,100 m² of urban land and existing structures, it promises strong development opportunities.
- investment
- luxury
- garden
- pool
Highlights
- Large 6,100 m² urban plot
- Hotel zoning for development
- Includes two existing villas and a restaurant building
- Private swimming pool and outdoor areas
- High privacy and security with enclosed plot
Worth knowing
- Cannot be subdivided into independent villas
- Detailed planning study required for building specifics
Good fit for: Ideal for investors or private buyers looking for versatile development opportunities.
Lifestyle scores
- Beach
- 75
- Walkable
- 60
- Remote work
- 50
- Family
- 40
- Retirement
- 70
- Airport access
- 80
- Investment
- 85
- Luxury
- 75
- Value
- 65
About this place
This unique large-scale property is for sale in Mijas, located within the esteemed area of El Compás. The estate encompasses an urban plot exceeding 6,100 m² and comprises several existing buildings that form a singular real estate complex. It is important to note that the property cannot be subdivided into independent villas but holds hotel zoning, presenting a valuable opportunity for development.
The complex includes two already-built independent villas, featuring generous interior and exterior spaces, complemented by a building that was previously utilised as a restaurant. This setup offers multiple levels and large areas that are suitable for diverse uses or redevelopment. Furthermore, the property boasts a private swimming pool, extensive outdoor areas, terraces, and independent access points, all within an almost fully enclosed plot that ensures privacy and security.
This asset is particularly suitable for investment groups interested in developing a hotel project, hospitality investors looking to create an event venue, restaurant or celebration hall, or private buyers seeking a unique large-scale property for residential use. Given its prime location, size, and characteristics, this property represents a solid and versatile investment opportunity on the Costa del Sol.
What this place offers
- swimming pool
- terrace
- garden
Where you’ll be
Mijas, Andalusia, Spain
Exact location is confirmed by the agent on enquiry.
Buying property in Spain
Spain welcomes foreign buyers with no nationality restrictions. The buyer needs an NIE (Número de Identidad de Extranjero) before completion, and most buyers open a Spanish bank account to handle the deposit and ongoing charges. An independent lawyer (abogado) is strongly recommended — the notario only checks the deed, not the wider title.
Spain ended its Golden Visa property route in April 2025.
Non-resident mortgages are widely available, typically 60–70% LTV.
Non-resident sellers face a 3% withholding from the sale price (retención), claimable against capital gains tax.
Always check community-of-owners (comunidad) debts and outstanding IBI before completion — they transfer with the property.
General guidance only — confirm specifics with a qualified local lawyer or tax adviser. Reference
