Freistehende Villa in El Faro
PDF
Three-Unit Rental Investment Opportunity – El Faro, Mijas Costa

An excellent rental investment opportunity in the sought-after El Faro area of Mijas Costa, just a 5-minute walk from the beach.

This detached villa has already been divided into three independent properties, creating multiple rental income streams from a single asset. With two units currently tenanted, one available for immediate rental and further value-add potential through renovation, the property offers an attractive combination of existing income and scope to increase future rental returns.

Three Independent Rental Units

The ground floor comprises two self-contained one-bedroom apartments, each with its own living room, kitchen, bathroom and private garden.

One apartment is currently vacant, giving a new owner the opportunity to renovate, reposition and rent the property immediately. Updating the accommodation could significantly improve its rental appeal and income potential.

The second one-bedroom apartment is currently tenanted until 29 October 2029, providing an established rental income stream from completion.

The upper floor comprises a spacious two-bedroom apartment, with an open office area offering the potential to create a third bedroom if required. It features a generous living area, separate kitchen, two bathrooms, private roof terrace and direct access to the garden.

This apartment is currently let until October 2028, providing another existing income stream. The possibility of negotiating an earlier surrender of the tenancy can also be discussed.

Strong Value-Add & Rental Potential

Set on a private plot of approximately 461m², the property presents a particularly interesting opportunity for an investor looking to improve returns over time.

Renovating and upgrading the individual units could create the opportunity to increase rental values, improve tenant appeal and enhance the overall value of the asset.

The property also benefits from access to the communal swimming pool, while its location within walking distance of the beach and close to local amenities and transport links adds to its appeal as a rental property.

With three independent units, two existing tenancies, one immediately available unit and renovation potential, this is a compelling opportunity for buyers seeking a multi-unit property with both income from day one and longer-term rental growth potential.

Please note: Current photographs ‌are ‌available ‌only ‌for ‌the vacant one-bedroom ‌apartment. The ‌first ‌images ‌have ‌been digitally ‌enhanced/cleaned ‌up ‌to provide ‌a representation of how ‌the ‌property ‌could ‌look ‌following ‌improvement ‌works.
  • Lage

    Vorstadt

    Nähe Golf

    Nähe Geschäfte

    Nähe Meer

  • Orientierung

    Süd

    West

  • Zustand

    Zufriedenstellend

  • Pool

    Gemeinschaftlich

  • Klimakontrolle

    Klimaanlage

  • Aussicht

    Meer

    Garten

  • Merkmale

    Überdachte Terrasse

    Verkehrsanschluss

    Private Terrasse

    WiFi

    Gästewohnung

    Doppelverglasung

  • Möbel

    Möbliert

  • Küche

    Vollmontiert

  • Garten

    Gemeinschaftlich

    Privat

  • Parkmöglichkeit

    Unüberdacht

    Straße

  • Anschlüsse

    Elektrizität

    Trinkwasser

  • Kategorie

    Billig

    Investition

  •  

    Gemeinschaftsgebühren: €0 / monthly

    Basura-Steuer: €0 / annually

    IBI Gebühren: €0 / annually

    Höhepunkte

    Referenz
    R5447089
    Preis
    €499,000
    Ort
    El Faro
    Bereich
    Málaga
    Art der Immobilie
    Freistehende Villa
    Schlafzimmer
    4
    Badezimmer
    4
    Grundstücksgröße
    461 m2
    Gebaut
    175 m2
    Terrasse
    0 m2

    Mehr Informationen

    • This field is for validation purposes and should be left unchanged.
    • This field is hidden when viewing the form