Detached Villa in Mijas Costa

Detached Villa in Mijas Costa

€499,000
  • 4 bed
  • 4 bath
  • 175 m² built
  • 628 m² plot
Beds
4
Baths
4
Built
175m²
Terrace
34m²
Plot
628m²
The property

About This Villa

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.
Photography

The Villa in Pictures

Features & amenities

Every Detail

27 features of this villa
  • Close to the beach
  • Fully furnished
  • Air conditioning
Setting2
  • Close To Sea
  • Urbanisation
Orientation1
  • West Facing
Condition1
  • Fair Condition
Pool2
  • Communal Pool
  • Room For Pool
Climate Control2
  • Air Conditioning
  • Fireplace
Views2
  • Garden Views
  • Urban Views
Features9
  • Covered Terrace
  • Fitted Wardrobes
  • Near Transport
  • Private Terrace
  • Guest Apartment
  • Storage Room
  • Ensuite Bathroom
  • Marble Flooring
  • Fiber Optic
Furniture1
  • Fully Furnished
Kitchen2
  • Fully Fitted Kitchen
  • Kitchen-Lounge
Garden1
  • Private Garden
Parking1
  • Street Parking
Utilities2
  • Electricity
  • Gas
Category1
  • Investment
Price & running costs

The Numbers

Asking price€499,000
Price per m² built
€2,851
IBI (property tax)per year
€651
Community feesper year
€468
Refuse tax (basura)per year
€95
Running costs, all inper month
≈ €101
Estimated buying costs≈ €45,958
Transfer tax (ITP)7%
€34,930
Notary & land registryapprox.
€4,990
Legal fees≈1% + VAT
€6,038
Total, approx.9.2% of the price
€544,958

A guide based on typical costs in Andalucía. Mortgage costs are not included. Your lawyer will confirm the exact figures before you commit. Read our guide to buying costs

The Details

Type
House · Detached Villa
Reference
R5317645
Location
Mijas Costa
Year built
1987
Status
Available

As provided by the listing agent. We verify every figure before you commit.

Location

Mijas Costa

Mijas · Costa Del Sol

Drive times · approx.
The beach
3 min
Nearest golfLa Cala
13 min
Puerto Banús
30 min
Marbella old town
30 min
Málaga airport
25 min
Gibraltar airport
75 min

Approximate location in Mijas Costa. We share the exact address on enquiry.

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