Mijas Costa, Costa del Sol, Málaga

Mijas Costa, Costa del Sol
4 Bed | 4 Baths | 175 sq m
€499,000
Reference
R5317645
Town
Mijas Costa
Bedrooms
4
Plot/Unit
662 sq m
Build/Unit
175 sq m
Price
€499,000
Reference
R5317645
Town
Mijas Costa
Bedrooms
4
Plot/Unit
662 sq m
Build/Unit
175 sq m
Price
€499,000
Location: Mijas Costa, Costa del Sol, Spain

El Faro de Calaburras: Investment Opportunity. This is spacious traditional style two floor detached villa which has been cleverly divided into three separate properties, each with its own entrance. On the upper entry level, there is a two bedroom/two bathroom apartment with spacious lounge diner and open kitchen area, study/office and exterior steps reaching a lovely roof terrace. From this apartment on the outside, there is a metal spiral staircase which reaches one side of the garden. On this side of the garden, and on the lower floor of the villa, we find a one bedroom apartment, lounge, bathroom, small kitchen and private gated covered terrace. On the other side of the garden (private, separated and fenced), we have a further one bedroom apartment with lounge, kitchen, bedroom and bathroom.

This villa is second line from the cul de sac street, and is reached by approx 20 steps down. Presently the upper apartment and one of the lower apartments are occupied with legal long term tenants with approximately 3 years remaining on residential rental contracts. ROI approx 5% per annum. The community pool is available for use during the summer and can be reached in 3 minutes walk.

Located in the well established area of El Faro, beaches and bus stops can be reached in 5 minutes walking. The bustling commercial centres and beaches of Fuengirola and La Cala de Mijas are less than 15 minutes drive away making location most ‌definitely ‌a ‌highlight ‌of ‌this property. ‌The ‌long term ‌investment ‌opportunity ‌to develop this property ‌makes it an ‌interesting ‌proposition ‌and it ‌has ‌been ‌competitively ‌priced ‌for ‌this ‌reason.

Ref
R5317645
Price
€499,000
Status
Available
Property Type
Beds
4
Baths
4
Land Size
662 sq m
Internal Area
175 sq m
Features
Setting: Close To Sea
Urbanisation
Orientation: West
Condition: Fair
Pool: Communal
Room For Pool
Climate Control: Air Conditioning
Fireplace
Views: Garden
Urban
Features: Covered Terrace
Fitted Wardrobes
Near Transport
Private Terrace
Guest Apartment
Storage Room
Ensuite Bathroom
Marble Flooring
Fiber Optic
Furniture: Fully Furnished
Kitchen: Fully Fitted
Kitchen-Lounge
Garden: Private
Parking: Street
Utilities: Electricity
Gas
Category: Investment

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