Mijas Costa

Investment Opportunity: 2-Bed Bungalow with Casita in El Faro

This 2-bedroom bungalow in El Faro, Mijas Costa, offers an excellent investment and renovation opportunity in a sought-after coastal location. Positioned on a quiet one-way street, the property is just a 10-minute walk from the beach, with a roof terrace boasting sea views. El Faro sits between the popular towns of La Cala de Mijas and Fuengirola, and is only 25 minutes from Málaga Airport, making it a highly convenient spot for both permanent living and holiday rentals.

The main bungalow features two bedrooms and a renovated bathroom, along with living and dining areas that would benefit from modernisation. In addition, there is a separate guest casita with its own bedroom and bathroom — ideal for visitors or generating rental income. With 113m² built on a 458m² plot, the property offers flexibility for future expansion, including the potential to add up to 100m² and even a second level if desired.

The outdoor space is one of the highlights, with a private patio, lawned garden, and a roof terrace with sea views. There is ample room to build a private swimming pool, though residents also enjoy access to the nearby El Faro community pool, just a short 2-minute walk away. With strong investment potential, a prime location close to La Cala and Fuengirola, and scope to create a modern coastal home, this property is a fantastic opportunity on the Costa del Sol.

Summary:

Investment opportunity in El Faro, Mijas Costa
2-bedroom, 1-bathroom bungalow + separate guest casita
Plot size 458m² with 113m² built and option to extend by 100m²
Renovated bathroom; rest of property ready for modernisation
Roof terrace with open sea views
10-minute walk to the beach, quiet one-way street
Outdoor patio, lawned garden, and space for private pool
Access to El Faro community pool just 2 minutes away