• 499,000 €

Price

175 / 461

M² Build / Plot

4

Bathrooms

4

Bedrooms


Description

An excellent investment opportunity in the sought-after El Faro area of Mijas Costa. This detached villa has been thoughtfully divided into three independent properties, offering immediate rental income together with excellent future flexibility. Only 5 minutes walking to the beautiful beaches. The ground floor comprises two self-contained one-bedroom apartments, each with its own living room, kitchen, bathroom and private garden. One apartment is currently vacant, providing immediate occupancy or rental potential, while the second is tenanted until 29 October 2029, generating established rental income. Renovation would lead to a much higher ROI on the rentals. The upper floor offers a spacious two-bedroom apartment, with the potential to create a third bedroom if required, currently used as an open office space. This accommodation includes a generous living area, separate kitchen, two bathrooms, a private roof terrace and direct access to the garden. The upstairs apartment is currently let until October 2028, although the possibility of negotiating an earlier surrender of the tenancy can be discussed. The property also benefits from access to the communities shared pool. Set on a private plot of approximately 461m², the property offers exceptional versatility. It is ideal for investors seeking multiple income streams, buyers looking to live in one property while renting the others, or multi-generational families requiring independent ‌living ‌accommodation. ‌Located ‌just minutes ‌from ‌the ‌beach, ‌amenities and ‌transport ‌links, this ‌is a rare ‌opportunity to ‌acquire a ‌property with both ‌immediate ‌income ‌and ‌significant ‌long-term ‌potential.

  • Share
Reference R5447089

Mortgage simulator


123 € / Month*
* It is only a proximity. Check with your bank for exact fees.

Gallery


Other details

    sea-front-line, Pool, Air conditioning, Sea views, Private garden, private-terrace, Parking, Investment

Send Your Enquiry

Other properties

Villa in El Faro

164 / 295
M² Build / Plot
2
Bathrooms
2
Bedrooms

521,000 €

Villa in El Faro

140 / 350
M² Build / Plot
3
Bathrooms
3
Bedrooms

495,000 €

Villa in El Faro

93
M² Build
2
Bathrooms
2
Bedrooms

549,000 €