Costa del Sol Mijas
4 Beds
2 Baths

Other Mijas

Ref No: R5106922
Price: €800,000.00
Location: Mijas
Area: Costa del Sol
Property Type: House
Bedrooms: 4
Bathrooms: 2
Living Area: 280

Investment Opportunity – High ROI Potential
For Sale: A rare chance to acquire a property with immediate rental income and strong development potential.

This unique investment includes two fully finished residential units and planning permission to build a third apartment — but that’s not all.

The property spans three full floors, offering flexible layout options:

Create three full-size apartments (one per floor)

Or split each floor into two smaller units, for a total of up to six rental units

Whether you're focused on passive income, property flipping, or maximizing rental yield, this property adapts to your strategy.

Location
Situated in a quiet yet well-connected area, ideal for long-term tenants or holiday rentals.

Key Features
Two existing, ready-to-let flats

Space and permission for a third apartment

Three full floors with potential for up to six units

Multiple exit strategies: rent, renovate, or resell

Flexible development and investment options

Excellent rental demand in the area

Why Invest?
Immediate rental income

Significant value-add opportunity

Ideal for portfolio diversification

Strong local demand for both long-term and short-term rentals

Legal groundwork already in place

Contact us today for floor plans, financial projections, or to arrange a private viewing.

Setting

  • Country
  • Village
  • Mountain Pueblo
  • Close To Shops
  • Close To Schools
  • Close To Forest

Orientation

  • South

Condition

  • Restoration Required

Climate Control

  • Air Conditioning

Views

  • Sea
  • Mountain
  • Country
  • Panoramic

Features

  • Near Transport
  • WiFi

Contact us about this property

    €800,000.00
    • Near Transport
    • WiFi