Resale

Villa with 5 bedrooms in Mijas

Detached Villa

€1,200,000
Reference R3037373
5bedrooms
3bathrooms
326 m²built area
18,000 m²plot
124 m²terrace
≈ 25 minto Málaga Airport
≈ 15 minto the beach

Travel times are approximate, from the town.

About this home

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.

Features

  • Private pool
  • Sea views
  • Terrace
  • Garden
  • Garage
  • Parking

Details

  • EEnergy rating

Location

The circle shows the approximate area. We share the exact address when you book a viewing.

More homes in Mijas

Mortgage and buying costs

Type of home
Do you live in Spain?
40%
25

Non-residents usually need at least 40% of the price in cash, residents at least 30%. The bank also needs your income to cover the payments.

Estimated monthly payment —
Mortgage amount
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Your deposit
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Transfer tax (ITP 7%)
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Notary, registry and lawyer (about 1.5%)
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Cash you need to buy
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Get a free mortgage assessment from Habeno

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This is an estimate, not a mortgage offer. Rates, fees and how much you can borrow depend on the bank, your income and where you live. Tax rates shown are for Andalucía.

  • €3,400IBI property tax per year (approx.)

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