Investment Opportunity: Versatile Villa Ideal for Co‑Living, Boutique B&B or Multi‑Unit Living
Mijas Costa / Fuengirola – Just Steps from the Sea
Discover a unique villa that blends Mediterranean charm with exceptional investment potential. Located on the border between Mijas Costa and Fuengirola, and just a short walk from the beach, this property offers a rare combination of privacy, space, and multiple independent living units — making it ideal for co‑living, boutique hospitality, or a flexible family residence with guest accommodation.
Set on a sunny private plot with a pool, generous terraces, and parking for several vehicles, the villa is surrounded by natural light and enjoys open views from different corners of the property. Its layout offers endless possibilities for both personal use and income generation.
Main House
A spacious single‑level home featuring three double bedrooms, two bathrooms, a fully equipped kitchen, and a second independent kitchen.
With two separate entrances, the main house can easily be divided into two self‑contained units — perfect for extended families, long‑term rentals, or a combination of living and income.
Three Additional Independent Units
Poolside Mini‑Chalet
A charming two‑bedroom guest house overlooking the pool, ideal for visitors, long‑term tenants, or holiday rentals.
Terrace Mini‑Chalet
A bright one‑bedroom unit with its own kitchen, a large private terrace, and a rooftop solarium with open views. With a simple reconfiguration, it can be transformed into a two‑bedroom apartment, enhancing its versatility.
Independent Studio
A separate space perfect for a home office, gym, creative studio, or additional accommodation.
This unit also lends itself beautifully to a co‑working concept, wellness room, or digital‑nomad workspace.
Outdoor Spaces That Inspire
The villa’s exterior is designed for relaxation and enjoyment, featuring a private pool, sunbathing areas, mature Mediterranean vegetation, and multiple terraces for outdoor dining and lounging. Two storage rooms and ample parking complete the property.
This renovated 3-bedroom, 3-bathroom penthouse duplex enjoys panoramic sea views and a sought-after south-facing orientation, allowing you to make the most of the sunshine throughout the day.
Spread over two levels, the property offers bright and comfortable living spaces, combining modern updates with a practical layout. The elevated position provides uninterrupted views of the Mediterranean, creating an ever-changing backdrop from both the interior and outdoor areas.
Residents have access to a well-maintained community swimming pool, while a selection of restaurants, bars, and a local shop can be reached within a 2-minute walk. A nearby bus stop offers convenient public transport connections, and the beach is just a 5-minute drive away.
The property also benefits from a valid tourist licence and has a proven rental history, making it an attractive option for buyers looking to generate holiday rental income from day one. Its strong track record and desirable location have made it a popular choice among visitors throughout the year.
Whether you are looking for a permanent residence, a holiday home, or an investment on the Costa del Sol, this penthouse offers a combination of views, location, and income potential that is difficult to find.
Villa La Alquería — Licensed Holiday Investment | Three Independent Apartments | Private Pool | Panoramic Views
Nestled in the countryside of La Alquería, this exceptional multi-generational villa represents a rare turnkey investment opportunity on the Costa del Sol. Already operating as a thriving Airbnb business with a full tourist licence, the property generates strong rental income across three fully independent apartments — a 3-bedroom, a 2-bedroom, and a 1-bedroom — each with its own private entrance, open-plan kitchen, and stylish contemporary finishes.
The Property
Set across multiple levels on an elevated hillside plot, the villa captures sweeping views of the Andalusian countryside, distant mountains, and the surrounding valleys. Whitewashed façades, classic balustrade terraces, and mature Mediterranean landscaping — including ancient olive trees and swaying palms — give the property its unmistakable character.
The Apartments
The largest apartment offers three generous bedrooms, a designer open-plan kitchen and living area with warm hardwood flooring, direct access to a wraparound terrace with views, a covered outdoor dining area with sail shades, a barbecue kitchen and access to the large swimming pool — perfect for al fresco entertaining. Luxury touches include a stunning glass-block en-suite bathroom, double ovens, a gas island hob, and full air conditioning throughout.
The two-bedroom apartment is equally well appointed, with an open-plan kitchen-diner-lounge, rich parquet floors and an outdoor terrace,
The one-bedroom apartment offers a bright, modern space ideal for couples, with its own private facilities, air conditioning, and garden access.
Outdoor Living
The outdoor spaces are exceptional. A private swimming pool sits at the heart of the property, surrounded by a sleek composite deck and framed by fan palms and rolling countryside views. Multiple terraces span the different levels — including a shaded pergola lounge with rattan furniture, covered dining under sail canopies, and a lawned garden with established olive trees. There is also a bar area on the pool level with its own sun terrace and seating.
Key Features
Active tourist licence in place. Proven Airbnb income across units. Private pool with sun deck. Multiple terraces with panoramic mountain and countryside views. Open-plan fully equipped kitchens. Air conditioning throughout. Ample private storage across all levels. Private parking. Easy access to Mijas, Málaga, Marbella, and the coast.
This is a truly versatile property — live in one apartment while letting the others, run it as a full holiday rental business, or use it as a grand family compound. With the hard work already done and the bookings already flowing, This property in La Alquería is ready to earn from day one.
Spacious renovated apartment with large terrace and parking in the heart of Fuengirola.
Discover this fantastic ground-floor apartment, recently renovated and located in one of the most convenient areas of Fuengirola — just steps away from shops, services, public transport, and within walking distance of the beach. A perfect property for year‑round living or as a high‑yield investment.
The home offers 4 bedrooms, 2 bathrooms, a built area of 99 m², and an impressive 29 m² private terrace, ideal for enjoying the sun, outdoor dining, or creating your own urban chill‑out space.
The complex features a communal swimming pool, gardens, lift, gated access, and intercom system. The property also includes an allocated underground parking space, a highly valuable asset in such a sought‑after central location.
Key Features
Ground-floor apartment with a large private terrace
Southwest orientation: bright and warm
Recently renovated
Communal pool and gardens
Community parking
Lift and disabled access
Fitted wardrobes
Fully equipped kitchen
WiFi / fibre optic
Close to shops, transport, schools, church, and all amenities
Secure gated community
Optional furniture
Ideal For
Investment, holiday rentals, families, second residence, or buyers seeking a great-value opportunity in central Fuengirola