Description
INVESTMENT OPPORTUNITY with Full Renovation Potential – 300m from the Sea
Detached house for sale in the sought-after area of El Faro de Calaburra, just 300 meters from the sea. With partial renovations already completed, this property offers excellent potential for capital appreciation and high rental returns.
Set on a west-facing terrace that ensures natural light all day, the property is currently divided into three units, making it ideal for investors, tourist rentals, or long-term leasing. There's also potential to reconfigure or segregate the spaces to increase yield.
Main unit (renovated and move-in ready)
Bright living-dining room with large window, renovated independent kitchen with outdoor patio and laundry area, spacious master bedroom, guest bedroom, and a full bathroom with walk-in shower.
Features: reinforced front door, A/C hot & cold, alarm system, large windows, and high-speed internet (ADSL).
Investment zone (to be renovated)
– Ground floor: studio apartment with bathroom and independent entrance.
– Upper floor: one-bedroom apartment with bathroom, living room, and access to a large, sunny west-facing terrace.
These two units offer great potential to be converted into fully independent rental apartments.
Prime location in a quiet residential area, walking distance to the beach, shops, and services. Just minutes from the Miramar shopping center in Fuengirola and with easy access to the A-7 motorway. Málaga Airport, Marbella, and La Cala are all within a short drive.
Ideal for:
✔ Investors
✔ Holiday or long-term rentals
✔ Value-add renovation project
✔ Families looking to live and earn rental income
Detached house for sale in the sought-after area of El Faro de Calaburra, just 300 meters from the sea. With partial renovations already completed, this property offers excellent potential for capital appreciation and high rental returns.
Set on a west-facing terrace that ensures natural light all day, the property is currently divided into three units, making it ideal for investors, tourist rentals, or long-term leasing. There's also potential to reconfigure or segregate the spaces to increase yield.
Main unit (renovated and move-in ready)
Bright living-dining room with large window, renovated independent kitchen with outdoor patio and laundry area, spacious master bedroom, guest bedroom, and a full bathroom with walk-in shower.
Features: reinforced front door, A/C hot & cold, alarm system, large windows, and high-speed internet (ADSL).
Investment zone (to be renovated)
– Ground floor: studio apartment with bathroom and independent entrance.
– Upper floor: one-bedroom apartment with bathroom, living room, and access to a large, sunny west-facing terrace.
These two units offer great potential to be converted into fully independent rental apartments.
Prime location in a quiet residential area, walking distance to the beach, shops, and services. Just minutes from the Miramar shopping center in Fuengirola and with easy access to the A-7 motorway. Málaga Airport, Marbella, and La Cala are all within a short drive.
Ideal for:
✔ Investors
✔ Holiday or long-term rentals
✔ Value-add renovation project
✔ Families looking to live and earn rental income
Details
Property Reference:R5256331
Reference Agency:
Country:Spain
Year Built:Pre 1970
IBI (Property Tax):€425 /year
Basura (Trash Tax):€79 /year
Features
Setting:
Close To Golf, Close To Shops, Close To Sea, Close To Town, Urbanisation
Orientation:
South East, South
Condition:
Renovation Required, Recently Refurbished, Restoration Required
Views:
Urban
Features:
Near Transport, Private Terrace, Solarium, Satellite TV, WiFi, Storage Room, Utility Room, Access for people with reduced mobility, Barbeque, Double Glazing, Fiber Optic
Furniture:
Not Furnished
Kitchen:
Fully Fitted
Security:
Gated Complex, Entry Phone, Alarm System, 24 Hour Security
Parking:
Street
Utilities:
Electricity, Drinkable Water, Telephone, Gas
Category:
Holiday Homes, Investment, Resale
