R5106922

Townhouse, 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.

800.000€

For Sale

4 Beds
·
2 Baths
·
Built 280m²
·
Mijas
What makes this property special

Features of the Property

Setting

  • Country
  • Village
  • Mountain Pueblo
  • Close To Shops
  • Close To Schools
  • Close To Forest

Views

  • Sea
  • Mountain
  • Country
  • Panoramic

Features

  • Near Transport
  • WiFi

Others

  • Orientation: South
  • Condition: Restoration Required
  • Climate Control: Air Conditioning

Gallery of the Property

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    Please contact us to schedule a visit to your dream home.

    Please fill in the form with the information related to your inquiry and we will answer you as soon as possible.

    Send us a mail

    [email protected]

    Call us

    • +47 922 33 500 (Norway)
    • +34 677 990 992 (Spain)

    Address

    Ricardo Soriano, 65. 29600 Marbella (Malaga) Spain

    Schedule

    Monday to Friday 09:00 to 20:00 Saturday 09:00 to 14:00

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