Mijas to gain Millions from British Property Buyers

Mijas to gain Millions from British Property Buyers

Mijas council is expecting to receive millions of Euros of investment from British buyers snapping up property in the area, says Mijas’ Mayor Juan Carlos Maldonado.

The pretty mountain town of Mijas has recently seen an influx of British property buyers looking for real estate investments and development opportunities.

“This council team has managed to instil confidence in British buyers to come and spend their money in our municipality,” says Maldonado.

The town has already received €10 million from such investments and demand from foreign buyers shows no signs of slowing down.

“The number of licences for building work in Mijas is growing and this real estate development reveals the confidence the town generates,” the Mayor explained.

Mijas was recently revealed as one of the top destinations for British buyers looking for a second home, according to a report by one leading home builder. “Many holidaymakers fall in love with this holiday hotspot as they are never far from the sea or a golf course,” the report says, “it has the perfect setting for capturing the international growing demand for second homes with amenities on hand.”

And it is not just residential properties that are attracting interest; Mijas has also caught the eye of investors in the hotel industry. The council has approved a building licence for the refurbishment of Mijas hotel, Byblos.

“Byblos is a year-round quality attraction which draws in crowds in the golfing sector and most importantly boosts our town’s economy and generates employment,” says the Mayor.

Maldonado added: “The deadlines are being met and, if everything continues to go to plan, once the summer season ends, this tourist attraction will have a green light to start refurbishments,” reports RTN Newspaper.

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