Make an Enquiry About This Property
Bathrooms: 2
Area: 101 m²
This attractive renovated penthouse in El Faro represents an excellent opportunity for investors seeking a turnkey asset ready to generate income. Located in a highly sought-after area known for its peaceful atmosphere, open views of the Mediterranean Sea, and proximity to amenities, this property combines tourist appeal, quality of life, and strong rental potential.
The property, set within a well-maintained and quiet community, offers 101 m² distributed across three bedrooms and two bathrooms, both renovated in a modern and functional style. Both the master bedroom and the second bedroom have access to a private terrace, independent from the main terrace adjoining the living room. All bedrooms offer sea views, a highly valued feature for tenants and visitors alike.
The location is strategic:
Just minutes from La Cala de Mijas, with restaurants, shops, and services.
Only 10 minutes from Fuengirola.
20 minutes from Marbella.
Surrounded by golf courses and natural areas, appealing to sports and leisure tourism.
The penthouse is situated on the second floor without an elevator, which reduces community costs and simplifies maintenance management. As an added bonus, a pre-established Facebook page is included to enhance marketing for both short- and long-term rentals.
Property Features
- 3 bedrooms
- 2 bathrooms
- 101m² Build size
- Swimming Pool
- South orientation
- 12 m² terrace
- Communal garden
- Communal pool
- Air conditioning
- Fully fitted kitchen
- Sea view
- Panoramic view
- Close to sea / beach
- Close to golf
- Excellent condition
- Recently Renovated / Refurbished
- Close to shops
- Close to town
- Close to port
- 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.