Villa in El Faro, Mijas

This detached villa has already been divided into three independent properties, creating multiple rental income streams from a single asset. With two units currently tenanted, one available for immediate rental and further value-add potential through renovation, the property offers an attractive combination of existing income and scope to increase future rental returns.

Three Independent Rental Units

The ground floor comprises two self-contained one-bedroom apartments, each with its own living room, kitchen, bathroom and private garden.

One apartment is currently vacant, giving a new owner the opportunity to renovate, reposition and rent the property immediately. Updating the accommodation could significantly improve its rental appeal and income potential.

The second one-bedroom apartment is currently tenanted until 29 October 2029, providing an established rental income stream from completion.

The upper floor comprises a spacious two-bedroom apartment, with an open office area offering the potential to create a third bedroom if required. It features a generous living area, separate kitchen, two bathrooms, private roof terrace and direct access to the garden.

This apartment is currently let until October 2028, providing another existing income stream. The possibility of negotiating an earlier surrender of the tenancy can also be discussed.

Strong Value-Add & Rental Potential

Set on a private plot of approximately 461m², the property presents a particularly interesting opportunity for an investor looking to improve returns over time.

Renovating and upgrading the individual units could create the opportunity to increase rental values, improve tenant appeal and enhance the overall value of the asset.