3 bedroom Villa for sale in El Faro, Málaga, Spain

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Ref: ESR1683H

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AMAZING OPPORTUNITY - RENOVATED 3 bedrooms villa with sea views and expansion potential - walking distance to the beach and all amenities!Beautifully decorated villa offers with solarium offers the perfect opportunity for an investor or a family looking for a dream home. Set on a nearly 300 m² private garden plot, the home is just a short walk to the picturesque El Faro beach, one of Mijas' most desirable coastal spots.From the solarium, enjoy stunning sea views and plenty of sunlight all year round – ideal for relaxing or entertaining guests.Whether you're looking for a peaceful family home by the sea or a property with great rental potential, this villa ticks all the boxes. Don't miss out on this unique opportunity!El Faro, Mijas – A Coastal Gem with Andalusian CharmEl Faro is a quiet and picturesque seaside area located between Fuengirola and La Cala de Mijas, right in the heart of the Costa del Sol. Known for its relaxed, family-friendly atmosphere, El Faro blends the essence of Mediterranean living with a strategic location just minutes from all local services and attractions.El Faro is also very well connected: just 25 minutes from Málaga Airport and close to golf courses, shopping centers, restaurants, and international schools.Perfect for those looking for peace and quiet without being far from urban conveniences, El Faro is a hidden gem with great investment potential.

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Property Features

3 bedrooms
2 bathrooms
Swimming Pool
Category - Reduced
Category - Investment
Category - Holiday Homes
Parking - Private
Garden - Private
Parking - covered
Parking - Garage
Furniture - Optional
Furniture - Fully Furnished
Features - Fiber Optic
Features - Double Glazing
Features - Barbeque
Features - Jacuzzi
Access for people with reduced mobility
Features - Ensuite Bathroom
Features - Utility Room
Features - Storage Room
Features - WiFi
Features - Solarium
Features - Near Transport

Costing Breakdown

Standard form of payment

Reservation deposit

3,000€

Remainder of deposit to 10%

55,000€

Final Payment of 90% on completion

522,000€

Property Purchase Expenses

Property price

580,000€

Transfer tax 10%

58,000€

Notary fees (approx)

600€

Land registry fees (approx)

600€

Legal fees (approx)

1,500€

* 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 Amount:

580,000€

Deposit:

€

Interest Rate:

Period:

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.

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Villa for sale

El Faro, Málaga

563,000€
3
2
120m² 20

Spanish Property News & Updates by Spain Property Portal.com

Navigating Property Purchase Tax in Spain: Tips for Smart Savings

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%.