47
Villa, Alhaurín el Grande
€ 840.000
- 5 bed
- 5 bath
- 199 m²
Ref R5495401
El Faro, Costa del Sol
Asking price€ 840.000
INDEPENDENT HOUSE WITH 3 APARTMENTS, EL FARO, MIJAS
Great investment opportunity in El Faro, Mijas, offering several possibilities for rental income.
The property has 350 m² built and 295 m² usable, distributed over 6 bedrooms and 4 bathrooms:
* Main house: spacious living room with fireplace, sea views, independent kitchen, 2 bedrooms and 1 bathroom.
* 2-bedroom apartment with living room, kitchen and bathroom.
* Private enclosed garage included in the price.
* Access to a communal swimming pool, with the possibility of creating a private pool, subject to feasibility and the relevant permissions.
The property is second-hand and requires renovation, offering excellent potential to create a main residence while generating rental income from the additional apartments.
A property with strong investment potential and multiple rental possibilities in the established area of El Faro.
Spain adds roughly 8 to 13% on top of the price, depending on whether it is a resale or a new build. Here is the honest arithmetic for this home, so nothing surprises you at the notary.
Indicative only. ITP in Andalusia is 7%; new build is 10% VAT plus 1.2% stamp duty. Notary, land registry and legal fees are estimates. Your lawyer confirms the exact figures. Mortgage costs are not included.