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    • Detached Villa in Mijas Costa
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    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.

  • 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

    •  

    Community Fees: €39 / monthly

    Waste Disposal Fees: €95 / annually

    IBI - Property Tax: €651 / annually

    Highlights

    Reference
    R5317645
    Price
    €499,000
    Location
    Mijas Costa
    Area
    Málaga
    Property Type
    Detached Villa
    Bedrooms
    4
    Bathrooms
    4
    Plot Size
    628 m2
    Built
    175 m2
    Terrace
    34 m2

    More Information

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