Sale of detached villa in El Faro
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.
Сharacteristics
Setting
Suburban, Close To Shops, Close To Golf, Close To Sea
Utilities
Drinkable Water, Electricity
Parking
Street, Open
Category
Cheap, Investment
Orientation
South, West
Views
Garden, Sea
Features
Near Transport, Guest Apartment, WiFi, Double Glazing, Private Terrace, Covered Terrace
Climate Control
Air Conditioning
Furniture
Fully Furnished
Garden
Private, Communal
Pool
Communal
Kitchen
Fully Fitted
Condition
Fair
R5447089
Article numberEl Faro
Location175 m²
House area461 m²
Plot area4 rooms
Bedrooms4 bathrooms
BathroomsYes
PoolYes
GardenDescription
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.
Сharacteristics
Setting
Suburban, Close To Shops, Close To Golf, Close To Sea
Utilities
Drinkable Water, Electricity
Parking
Street, Open
Category
Cheap, Investment
Orientation
South, West
Views
Garden, Sea
Features
Near Transport, Guest Apartment, WiFi, Double Glazing, Private Terrace, Covered Terrace
Climate Control
Air Conditioning
Furniture
Fully Furnished
Garden
Private, Communal
Pool
Communal
Kitchen
Fully Fitted
Condition
Fair
- Agent
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Contacts
SOLO Marbella
Phone
+34 951 777 100
Our office
Nueva Campana, 80 Nueva Andalucia 29660 Marbella Málaga, Spain
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