Other in Mijas
Investment Opportunity – High ROI Potential
For Sale: A rare chance to acquire a property with immediate rental income and strong development potential.
This unique investment includes two fully finished residential units and planning permission to build a third apartment — but that’s not all.
The property spans three full floors, offering flexible layout options:
Create three full-size apartments (one per floor)
Or split each floor into two smaller units, for a total of up to six rental units
Whether you're focused on passive income, property flipping, or maximizing rental yield, this property adapts to your strategy.
Location
Situated in a quiet yet well-connected area, ideal for long-term tenants or holiday rentals.
Key Features
Two existing, ready-to-let flats
Space and permission for a third apartment
Three full floors with potential for up to six units
Multiple exit strategies: rent, renovate, or resell
Flexible development and investment options
Excellent rental demand in the area
Why Invest?
Immediate rental income
Significant value-add opportunity
Ideal for portfolio diversification
Strong local demand for both long-term and short-term rentals
Legal groundwork already in place
Contact us today for floor plans, financial projections, or to arrange a private viewing.
Setting
Country
Village
Mountain Pueblo
Close To Shops
Close To Schools
Close To Forest
Orientation
South
Condition
Restoration Required
Climate Control
Air Conditioning
Views
Sea
Mountain
Country
Panoramic
Features
Near Transport
WiFi
Community Fees: €0 / monthly
Basura Tax: €0 / annually
IBI Fees: €0 / annually
Highlights
Reference
R5106922
Price
€800,000
Location
Mijas
Area
Málaga
Property Type
Other
Bedrooms
Bathrooms
0
Plot Size
0 m2
Built
280 m2
Terrace
0 m2
More Information