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Detached Villa in Mijas

€1,200,000

Ref: R3037373
5beds 3baths 326m² built 124m² terrace

Property 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.

Features & Amenities

SettingSuburban, Village
OrientationSouth
ConditionRenovation Required
PoolPrivate
ViewsSea, Country, Panoramic, Garden
FeaturesNear Transport, Private Terrace, Guest Apartment, Double Glazing
FurnitureNot Furnished
KitchenPartially Fitted
GardenPrivate
SecurityAlarm System
ParkingGarage, Private
UtilitiesElectricity
CategoryInvestment, Resale

Running Costs

Community feesTBCto be confirmed
IBI€3,400 / year
Basura€145 / year

Energy Performance Certificate

EEPC rating supplied by the listing source

Location Map

Approximate municipality map shown when exact coordinates are not supplied by the listing source.