Mijas Costa (Mijas) 4 bed Detached Villa R5317645
Discover a unique investment opportunity in Mijas Costa: a spacious detached villa divided into three apartments, close to beaches and amenities.
Description
El Faro de Calaburras: Investment Opportunity presents a spacious traditional style Detached Villa cleverly divided into three distinct Detached Villas, each with its own entrance. The upper level features a two-bedroom, two-bathroom apartment with a generous lounge diner and open kitchen area, complemented by a study and exterior steps leading to a charming roof terrace.
On the lower floor, you’ll find a one-bedroom apartment with a lounge, bathroom, and small kitchen, as well as a private gated covered terrace. Additionally, another one-bedroom apartment on the opposite side of the garden offers a lounge, kitchen, bedroom, and bathroom, ensuring ample privacy and space for occupants.
Situated just 20 steps down from a quiet cul-de-sac street, this Detached Villa currently enjoys tenants in the upper apartment and one lower apartment, with residential rental contracts extending for approximately three years. With a robust return on investment (ROI) of around 5% per annum, this opportunity is ideal for long-term investors.
Located in the well-established area of El Faro, residents can enjoy convenient access to beaches and bus stops just a five-minute stroll away. The vibrant commercial centres and stunning beaches of Fuengirola and La Cala de Mijas are less than a 15-minute drive, accentuating the exceptional location of this Detached Villa.
The potential for further development within this Detached Villa adds to its allure, making it an attractive proposition in today’s market. Additionally, the community pool is just a three-minute walk away, providing seasonal leisure for residents and enhancing the overall lifestyle experience in this desirable area.
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Details
- Property ID: R5317645
- Price: €499,000
- Built Area: 175 m²
- Land Area: 628 m²
- Bedrooms: 4
- Bathrooms: 4
