

Discover a versatile multi-unit townhouse in Mijas that masterfully blends traditional village aesthetics with a high-yield investment model. Situated in a prime position within this iconic white-washed pueblo, the property offers a rare configuration for those looking to capitalize on the Costa del Sol's thriving rental market. From the moment you enter through the private gateway, the scale of the building becomes apparent, offering a unique composition of independent living spaces and expansion possibilities that are seldom found in such a central location.
The current layout is intelligently distributed across several levels to maximize privacy and utility. The ground floor houses two fully independent apartments, each boasting its own access, making them perfect for immediate short-term holiday lets or staff accommodation. Moving to the first floor, a generous residence occupies the entire footprint, featuring bright living areas and large windows that frame the deep blue of the Mediterranean. This level is move-in ready, ensuring that the property can generate three separate income streams from the first day of ownership.
What sets this Mijas house apart is the untapped potential found on the upper floors. The second level is currently a shell with all necessary permissions already granted to develop either one expansive luxury suite or two smaller rental units. This flexibility allows an investor to pivot between high-end boutique accommodation or high-density urban rentals. Topping the structure is a magnificent rooftop terrace, providing 360-degree panoramic views that sweep across the coastline, the bustling port, and the rugged Sierra de Mijas mountains, ideal for a communal chill-out zone or a private penthouse garden.
The location offers a perfect balance of tranquility and accessibility. While the property enjoys a peaceful setting, it remains just a short stroll from the vibrant heart of Mijas Pueblo, known for its artisanal shops, traditional Spanish plazas, and world-class gastronomy. The infrastructure is excellent, with the beaches of Fuengirola and the coastal highway reached in under 15 minutes, and Malaga International Airport less than half an hour away. This strategic position ensures high demand for both seasonal tourists and long-term residents seeking a authentic Andalusian lifestyle.
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