Townhouse for sale in Mijas, Málaga

Sea views, multiple incomes, unlimited potential – welcome to your Mijas investment.
Set in one of Mijas’ most sought-after locations, this exclusive multi-unit property combines the charm of village life with the power of immediate rental income and exciting development potential.
Step through the private entrance and the possibilities begin to unfold.
On the ground floor, two self-contained apartments are ready to welcome tenants or holiday guests – keys in hand, income from day one. Each has its own independent access, making them ideal for separate rentals or family stays.
On the first floor, the views open up. Here, a spacious apartment spans the entire level, offering generous living areas and breathtaking views of the Mediterranean. Large windows flood the interiors with natural light, while the balcony becomes your front-row seat for every sunrise and sunset over the sea. This unit is also ready to rent immediately, giving you three income streams the moment you complete the purchase.
On the second floor, a blank canvas awaits. With permissions already in place, you can create one impressive luxury apartment or split the space into two smaller units – each with its own spectacular sea views. Whether you opt for high-end holiday lets, long-term tenants, or a mix, the returns are yours to shape.
At the very top, a rooftop terrace crowns the building, offering 360º views of the coast and mountains. Picture a shared chill-out space, a rooftop bar for guests, or even an extension for a showpiece penthouse.
At a glance:
- Three apartments ready to rent today
- Space with permission to build at least one more apartment (or two smaller units)
- Rooftop terrace with panoramic sea and mountain views
- Flexible layouts: up to 5–6 rental units possible
- Prime location in Mijas – peaceful yet minutes from cafés, shops, and beaches
- Legal groundwork in place for smooth development
- Multiple income strategies: holiday lets, long-term rentals, resale, or a combination
Keys in hand, tenants ready to move in, and the Mediterranean at your feet – whether you’re an investor seeking strong returns or a visionary ready to create something extraordinary, this is Mijas at its most rewarding.