4 bedroom villa for sale
Spain - Mijas Costa
like this property?Call: 03339 872631
- Villa split into 3 separate apartments with communal pool
- Needs some renovation, opportunity to add a lot of value
- Private gardens with a communal pool
- Only 5 minutes walk to the beach
- Low price due to some renovation needed
- Ideal for rental income or create large family home
An independent Villa in the El Faro area of Mijas Costa offering three separate apartments. This low priced opportunity is ideal for those looking for value for money investment that needs some light renovation in order to realise the properties full potential and value either as a family home or as a rental property, there is massive potential.
The property is situated only 5 minutes walk to the beach, located in a plot that is private and quiet with mature gardens and borders. Distributed over two levels the top floor apartment is maintained in good condition, there are two double bedrooms, one of which is en-suite, a study which offers access to a roof terrace, this could be utilized as a further bedroom if required. There is a good sized living room with working chimney, a lovely terrace and a fully fitted kitchen with an adjoining segregated dining area.
On the ground floor level there are two 1 bedroom independent apartments currently used as office space and work rooms, both have separate entrances and private terrace / patio areas. With some further investment these two apartments could be developed into further accommodation for family living or for rental income.
There is a community swimming pool and gardens with community fees a low 96 euros per quarter. IBI / rates on this property are 686 euros per annum.
The price certainly reflects present condition of the lower level of the property but with so much obvious potential for low cost further development it does represent a bargain buy.
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- Málaga (International), 15 miles
- Gibraltar (North Front) (International), 81.5 miles
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