Available

El Faro Property El Faro

EUR 2,700,000
11
Beds
11
Baths
598 m2
Living
1,165 m2
Plot
About This Property

El Faro Property El Faro

Ideal for investors, this property in Faro de Mijas, originally designed as a castle, is currently undergoing renovation and has been divided horizontally, resulting in 5 exclusive apartments.

The complex features a saltwater swimming pool and communal garden, and each apartment includes an assigned parking space. Excellent finishes throughout, with Dexton by Cosentino flooring and tiling, porcelain countertops, high-end kitchen cabinetry, integrated extractor hood, electric blinds in bedrooms, double-glazed windows, and all apartments are accessible (except the penthouse).

The property comprises: Apartments A and B: garden-level apartments, each with 2 bedrooms, 2 bathrooms (one en suite), a kitchen-living room, and two terraces.

Apartment C: a detached house with garden access, comprising 2 bedrooms, 2 bathrooms (one en suite), a large living-kitchen area with a large window opening onto a 56m² patio.

Apartment D: Large ground-floor apartment with 3 bedrooms, 3 bathrooms (one en suite), spacious hallway, laundry room, pantry, and a large open-plan kitchen, living, and dining area. It also features an exceptional terrace with garden views.

Apartment E: Exclusive penthouse, accessible by stairs, with 2 bedrooms, 2 bathrooms (one en suite), and two large storage areas. The living room and kitchen offer garden and sea views, and there are two terraces and an extraordinary solarium with sea and mountain views.

The images are renderings, simulating the final result of the renovation, and are not contractually binding. • There are no other mandatory brokerage fees.

• Taxes not included: Transfer Tax (7% in Andalusia) on the sale price: €2,700,000, estimated at €189.000. (The exact amount will depend on the buyer's tax situation.) Reduced rates of 3.5%, 1.2%, or 1% may apply depending on the buyer's personal circumstances or the property's characteristics. The tax is levied on the higher of the cadastral reference value or the sale price.

• • Notary Fees: Notary fees will be calculated according to the official tariff regulated in Annex I of Royal Decree 1426/1989, of November 17, which approves the Notarial Tariff. Approx. €10.454,40 including VAT.

• Property Registry Fees: Registration in the Property Registry will be billed according to the official tariff established in Annex I of Royal Decree 1427/1989, of November 17, which approves the Notarial Tariff. Approx. €7.840,80 including VAT.

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Amenities R5378761 El Faro Property

  • Close To Shops
  • Close To Sea
  • Close To Town
  • Urbanisation
  • South West
  • Recently Renovated
  • Communal
  • Air Conditioning
  • Sea
  • Mountain

Features

  • Private Terrace
  • Solarium
  • Ensuite Bathroom
  • Access for people with reduced mobility
  • Double Glazing

Furniture

  • Not Furnished

Kitchen

  • Fully Fitted

Security

  • Gated Complex
  • Electric Blinds
  • Entry Phone

Category

  • Investment
  • Luxury
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