Detached Villa for sale in Mijas

Property ID: R3037373

€1,200,000

3,681 €/m²

326

m²

beds

baths

124

m² terrace

18000

m² plot

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

Condition

Renovation Required

Features

Near Transport
Private Terrace
Guest Apartment
Double Glazing

Furniture

Not Furnished

Garden

Private

Kitchen

Partially Fitted

Orientation

South

Parking

Garage
Private

Pool

Private

Security

Alarm System

Setting

Suburban
Village

Utilities

Electricity

Views

Sea
Country
Panoramic
Garden

Located in

Affordability

Calculate your monthly mortgage payments

Price

€

Down payment

€

Interest

Loan type

Your est. monthly payment

Get Pre-Qualified

Homes-abroad collaborate with all major banks in Spain

Homes-abroad real estate, work with mortgage brokers and all major banks in Spain. Through this link you can apply for a mortgage in Spain.

Mortgage calculator

Purchase expenses

Our expenses calculator will provide an estimate of all costs involved in buying a house in Spain. Use these figures as a guideline only: the actual figures will vary according to the property's location and the bank you choose, among other factors. To the total, you must add your mortgage payments, and comisión de apertura if your bank charges it.