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Mijas, Costa del Sol, Málaga

Detached Villa for sale in Mijas - 5 beds, 3 baths, 326 m²

€1,200,000

€3,681/m²

  • 5Bedrooms
  • 3Bathrooms
  • 326 m²Built
  • 124 m²Terrace
  • 18,000 m²Plot

Description of Detached Villa for sale in Mijas

Undoubtably the best development opportunity currently available in the Mijas area.

The plot which is on the Mijas//Fuengirola road one km below the pueblo is a total of 18,000 sq metres of which one third is buildable.

There is existing approval to build 10 townhouses of 276 sq metres each but we understand that this could be changed keeping within the total build size of 2,760 sq metres.

This part of the plot is relatively flat making for easy construction and access from the road.

Adjacent to the main plot is a further 2,900 sq metres which can be purchased for an additioal 180,000 euros and would increase the number of houses to 12


The existing villa of 326 sq metres needs some updating but has a separate apartment ,garage and pool and could have 5 bedrooms.

This could then become a luxury independent villa or boutique B&B.

Subject to town hall approval this part of the plot could be separated from the new construction

Being elevated from the surrounding area there are great views down to the sea.

The non buildable part of the plot would remain as a green oasis sloping down to the river bed.

This is a unique opportunity to make a substantial rate of return on your investment.

Setting : Suburban, Village, Close To Town.
Orientation : South.
Pool ‌: ‌Private.
Views ‌: ‌Country, Panoramic, ‌Garden.Sea
Features ‌: Near Transport, ‌Private ‌Terrace, ‌Double Glazing.
Furniture ‌: ‌Not ‌Furnished.
Kitchen ‌: ‌Partially Fitted.
Garden : Private.
Security : ‌Alarm ‌System.
Parking ‌: ‌Garage.
Category ‌: ‌Investment, ‌Resale.

Detached Villa for sale in Mijas Features

Setting

  • Suburban
  • Village

Orientation

  • South

Condition

  • Renovation Required

Pool

  • Private

Views

  • Sea
  • Country
  • Panoramic
  • Garden

Features

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

Furniture

  • Not Furnished

Kitchen

  • Partially Fitted

Garden

  • Private

Security

  • Alarm System

Parking

  • Garage
  • Private

Utilities

  • Electricity

Buying and running costs of Detached Villa for sale in Mijas

To buy it

Asking price€1,200,000
Transfer tax (ITP, 7%)€84,000
Notary & land registry (approx.)€12,000
Lawyer (approx. 1% + VAT)€14,520
Estimated total€1,310,520

Estimate for a resale home in Andalucía. New builds pay 10% VAT and 1.2% stamp duty instead of transfer tax. Your lawyer will confirm the exact figures.

To own it

€12/month

Rubbish collection€145/yr

Fixed yearly costs declared by the seller. Utilities and insurance are extra.

Details of Detached Villa for sale in Mijas

Type
Detached Villa
Location
Mijas, Costa del Sol, Málaga
Price
€1,200,000
Built size
326 m²
Terrace
124 m²
Plot
18,000 m²
Energy rating
234.81

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