Detached Villa in Mijas

Mijas · Costa del Sol

€1,200,000

Overview

Reference: R3037373

  • Detached VillaProperty type
  • 5Bedrooms
  • 3Bathrooms
  • 326 m²Built area
  • Private PoolPool

Description

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.

Town
Mijas
Area
Costa del Sol
Province
Málaga

The exact address is shared when you book a viewing.

Details

Reference
R3037373
Price
€1,200,000
Property type
Detached Villa
Status
Available, For sale
Bedrooms
5
Bathrooms
3
Built
326 m²
Terrace
124 m²
Plot / garden
18000 m²
Energy rating
E
Refuse tax
€145 / year
Setting
Suburban, Village
Orientation
South Facing
Condition
Renovation Required
Pool
Private Pool
Views
Sea Views, Country Views, Panoramic Views, Garden Views
Features
Near Transport, Private Terrace, Guest Apartment, Double Glazing
Furniture
Not Furnished
Kitchen
Partially Fitted Kitchen
Garden
Private Garden
Security
Alarm System
Parking
Garage, Private Parking
Utilities
Electricity
Category
Investment, Resale
Suburban Village South Facing Renovation Required Private Pool Sea Views Country Views Panoramic Views Garden Views Near Transport Private Terrace Guest Apartment Double Glazing Not Furnished Partially Fitted Kitchen Private Garden Alarm System Garage Private Parking Electricity Investment Resale

Decree 218/2005 information available

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Indicative figures only. Non-residents usually finance up to 60–70%. Ask us for a financing pre-check.

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