Investment Opportunity: 2-Bed Bungalow with Casita in El Faro
This 2-bedroom bungalow in El Faro, Mijas Costa, offers an excellent investment and renovation opportunity in a sought-after coastal location. Positioned on a quiet one-way street, the property is just a 10-minute walk from the beach, with a roof terrace boasting sea views. El Faro sits between the popular towns of La Cala de Mijas and Fuengirola, and is only 25 minutes from Mãlaga Airport, making it a highly convenient spot for both permanent living and holiday rentals.
The main bungalow features two bedrooms and a renovated bathroom, along with living and dining areas that would benefit from modernisation. In addition, there is a separate guest casita with its own bedroom and bathroom - ideal for visitors or generating rental income.
The outdoor space is one of the highlights, with a private patio, lawned garden, and a roof terrace with sea views. There is ample room to build a private swimming pool, though residents also enjoy access to the nearby El Faro community pool, just a short 2-minute walk away. With strong investment potential, a prime location close to La Cala and Fuengirola, and scope to create a modern coastal home, this property is a fantastic opportunity on the Costa del Sol.
Summary:
Investment opportunity in El Faro, Mijas Costa
2-bedroom, 1-bathroom bungalow + separate guest casita
Plot size 458m2 with 113m2 built
Renovated bathroom; rest of property ready for modernisation
Roof ?terrace ?with ?open ?sea views
10-minute ?walk to the ?beach, quiet ?one-way ?street
Outdoor patio, lawned ?garden, ?and space ?for private pool
Access ?to El Faro ?community ?pool ?just ?2 ?minutes ?away
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Community Fees |
€ 168 /Year |
Garbage Tax |
€ 150 /Year |
IBI Fees |
€ 576 /Year |
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