Make an Enquiry About This Property
Located in the sought-after El Coto neighborhood, one of the most residential and well-connected areas of Mijas Costa, this property offers an extraordinary opportunity for both families and investors.
Set on an 890 m² plot, the existing villa spans 390 m², featuring generous interior spaces and a large private garden with a pool. Built in 1974, the house is in solid condition and well maintained, yet offers plenty of scope for modernization and value enhancement.
Why This Property Stands Out
Massive development potential:
Build up to 4 semi-detached houses on the plot
Or demolish the existing structure and create 5 new units
Current layout includes:
5 bedrooms
4 bathrooms
Spacious living room + additional lounge
Well-maintained kitchen
Basement + 2 main levels
Garage for several cars
Private garden with swimming pool
Southwest orientation for natural light all day
Air conditioning and heating throughout
Prime Location
Walking distance to schools, shops, and restaurants
5 minutes from Las Lagunas Theatre
7 minutes to Fuengirola city centre
Under 10 minutes to beaches and Miramar shopping centre
Quick access to the A-7 motorway, connecting you easily to Málaga and Marbella
This is a rare investment opportunity in a highly desirable location, combining a large plot, excellent access, and outstanding potential for a residential development project.
Contact us today to schedule a private viewing or request full details.
Property Features
- 5 bedrooms
- 4 bathrooms
- 390m² Build size
- 890m² Plot size
- Swimming Pool
- South-west orientation
- Private garage
- 4 parking spaces
- Private garden
- Private pool
- Amenities near
- Transport near
- Air conditioning
- Garden view
- Pool view
- Unfurnished
- Close to golf
- Renovation Needed
- Close to shops
- Close to town
- Close to schools
- Close to restaurants
Costing Breakdown
* Transfer tax is based on the sale value or the cadastral value whichever is the highest.
** The information above is displayed as a guide only.
Mortgage Calculator
Mortgage Result
* The information above is provided by The MHI Group and displayed as a guide only. Individual circumstances could change the rate we offer for a mortgage. Please click the link below to get a personalised quote.
Similar Properties
Spanish Property News & Updates by Spain Property Portal.com
In Spain, two primary taxes are associated with property purchases: IVA (Value Added Tax) and ITP (Property Transfer Tax). IVA, typically applicable to new constructions, stands at 10% of the property's value. On the other hand, ITP, levied on resale properties, varies between regions but generally ranges from 6% to 10%.
Spain Property Portal is an online platform that has revolutionized the way people buy and sell real estate in Spain.
In Spain, mortgages, known as "hipotecas," are common, and the market has seen significant growth and evolution.