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For Sale

Detached Villa in El Faro

Costa del Sol, El Faro, Málaga, Spain

€499,000
4
Bedrooms
4
Bathrooms
175
Build m²
461
Plot m²

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.

Features & Amenities

Setting

  • Suburban
  • Close To Golf
  • Close To Shops
  • Close To Sea

Orientation

  • South
  • West

Condition

  • Fair

Pool

  • Communal
  • Private

Views

  • Sea
  • Garden
  • Street

Features

  • Covered Terrace
  • Near Transport
  • Private Terrace
  • Guest Apartment
  • Double Glazing
  • WiFi

Furniture

  • Fully Furnished

Kitchen

  • Fully Fitted

Parking

  • Open

Utilities

  • Electricity
  • Drinkable Water

Category

  • Cheap
  • Investment

Climate Control

  • Air Conditioning

Property Details

Reference
4CR5447089
Type
Detached Villa
Status
For Sale
Bedrooms
4
Bathrooms
4
Build Size
175 m²
Plot Size
461 m²
Year Built
1987
Province
Málaga
City
El Faro
Area
Costa del Sol

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