British real estate investors to target Mijas
Mijas is expecting to receive around 200 million euros in British real estate investment over the next ten years. The Mayor of Mijas announced this month that this level of investment shows that “British investors have confidence in spending their money in our municipality”.
During the press conference, he went on to explain that the first ten million euros are already being used. “The number of licenses is growing in the municipality and work on a first real estate development will help to increase trust between investors and our municipality” he added.
There are currently over 11,000 British residents in Mijas who together have formed the Brexpats association in Spain, defending the interests of Brits in Spain as well as keeping its members informed of Brexit news. And with many of them living in La Cala de Mijas, it comes as welcome news that this will be a high investment area with the construction of more than 600 properties, both townhouses and apartments, in the next ten years, with an investment level of close to 125 million euros. “Mijas is at the forefront of international residential tourism with one of the best and varied housing offers where golf, sea and mountain join,” concluded the mayor.
Siesta Homes sees the potential of Mijas as a key location along the Costa del Sol. La Cala Hill Club is a beautiful development of unique 1, 2 and 3 bedroom apartments overlooking the Calanova golf course, and is ideally located midway between Marbella and Fuengirola. For more information about this stylish development please contact Siesta Homes on +34 951 204 324 or visit our website, lacalahillclub.com.