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El Faro, Costa del Sol, Málaga

Detached Villa for sale in El Faro - 6 beds, 4 baths, 298 m²

€840,000

€2,819/m²

  • 6Bedrooms
  • 4Bathrooms
  • 298 m²Built
  • 100 m²Terrace
  • 794 m²Plot
  • 1980Built in

Description of Detached Villa for sale in El Faro

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.
* **1-bedroom attic apartment** with sea views.
* **Studio apartment**.
* **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.

**Key features:**

* Detached house
* 350 m² built
* 295 m² usable
* 6 bedrooms
* 4 bathrooms
* ‌Garage ‌included
* ‌Renovation ‌required
* No ‌heating
* ‌Sea views
* Communal ‌swimming ‌pool
* ‌**Price negotiable**

**A ‌property ‌with ‌strong ‌investment ‌potential and multiple rental possibilities ‌in ‌the ‌established ‌area ‌of ‌El ‌Faro.**

Detached Villa for sale in El Faro Features

Setting

  • Commercial Area
  • Close To Golf
  • Close To Shops
  • Close To Sea
  • Close To Forest
  • Urbanisation

Orientation

  • South East

Condition

  • Renovation Required
  • Restoration Required

Pool

  • Communal

Views

  • Sea
  • Mountain
  • Panoramic
  • Garden

Features

  • Near Transport
  • Private Terrace
  • Solarium
  • WiFi
  • Storage Room
  • Utility Room
  • Staff Accommodation

Furniture

  • Part Furnished

Kitchen

  • Fully Fitted

Garden

  • Private

Parking

  • Garage

Utilities

  • Electricity
  • Drinkable Water

Buying and running costs of Detached Villa for sale in El Faro

To buy it

Asking price€840,000
Transfer tax (ITP, 7%)€58,800
Notary & land registry (approx.)€8,400
Lawyer (approx. 1% + VAT)€10,164
Estimated total€917,364

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.

Details of Detached Villa for sale in El Faro

Type
Detached Villa
Location
El Faro, Costa del Sol, Málaga
Price
€840,000
Built size
298 m²
Terrace
100 m²
Plot
794 m²
Year built
1980

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