Detached Villa in El Faro

€840,000

  • 6 Bedroom
  • 4 Bathroom
  • 298m² Built
  • 100m² Terrace
  • 794m² Plot

Property Overview

INDEPENDENT HOUSE WITH 3 APARTMENTS – EL FARO, MIJAS

**Great investment opportunity in El Faro, Mijas**, offering several possibilities for rental income.

The property has **350 m² built and 295 m² usable**, distributed over **6 bedrooms and 4 bathrooms**:

* **Main house:** spacious living room with fireplace, sea views, independent kitchen, 2 bedrooms and 1 bathroom.
* **2-bedroom apartment** with living room, kitchen and bathroom.
* **1-bedroom attic apartment** with sea views.
* **Studio apartment**.
* **Private enclosed garage included in the price.**
* Access to a **communal swimming pool**, with the possibility of creating a private pool, subject to feasibility and the relevant permissions.

The property is **second-hand and requires renovation**, offering excellent potential to create a main residence while generating rental income from the additional apartments.

**Key features:**

* Detached house
* 350 m² built
* 295 m² usable
* 6 bedrooms
* 4 bathrooms
* ‌Garage ‌included
* ‌Renovation ‌required
* No ‌heating
* Sea views
* ‌Communal ‌swimming pool
* **Price ‌negotiable**

**A property with ‌strong investment potential and ‌multiple ‌rental possibilities in ‌the ‌established ‌area ‌of ‌El ‌Faro.**

Features

  • Setting: Commercial Area, Close To Golf, Close To Shops, Close To Sea, Close To Forest, Urbanisation.
  • Condition: Renovation Required, Restoration Required.
  • Features: Near Transport, Private Terrace, Solarium, Wifi, Storage Room, Utility Room, Staff Accommodation.
  • Furniture: Part Furnished.
  • Parking: Garage.
  • Utilities: Electricity, Drinkable Water.
  • Category: Distressed.

Tell me more

  • Tell me more about El Faro
    El Faro is a coastal area located in Mijas Costa, Málaga, Andalusia, Spain, characterized by its lighthouse (faro) and its proximity to the Mediterranean Sea. It offers a mix of residential properties, including apartments and villas, often with sea views. The area is known for its relaxed atmosphere and easy access to small coves and beaches. El Faro provides local amenities such as restaurants and beach bars, making it a popular choice for those seeking a tranquil seaside home with direct access to the coast.
  • How far is this property from the nearest airport?
    El Faro is 35km from the nearest airport, approximately 35 minutes driving time.
  • What are the annual runing costs of this property?
    The annual running cost are €0 consisting of IBI €0 (Impuesto sobre Bienes Inmuebles' or Council Tax), Community Fees €0 and Garbage €0.
    * Based on current information; values are subject to revision.