Reference R5378761Mijas

Apartment for sale in El Faro

Price
€2,700,000
Bedrooms
11
Bathrooms
11
Living space
598 m²
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Price reduced: €2,890,000 → €2,700,000

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. • Management Fees (Agency): The fees for administrative processing, tax settlement, and registration amount to €400 (VAT included). • Seller's Agency Fees: included in the list price. • Buyer's Agency Fees: Please note that professional fees may apply to the buyer in cases where purchase commission services (PSI) or real estate personal shopper services have been contracted. THESE FEES ARE NOT RELATED TO THE PURCHASE PRICE. • Estimated total including taxes, notary fees, and registration fees: €2.907.695,20. For comprehensive information on the ‌operation, ‌tax ‌rates, ‌and tax ‌breaks ‌of ‌the ‌Transfer Tax ‌(ITP) ‌in ‌Andalusia, please ‌consult ‌the official ‌website ‌of the Andalusian Regional ‌Government's ‌Tax ‌Agency ‌at ‌the ‌following ‌link: https://www.juntadeandalucia.es/organismos/economiahaciendayfondoseuropeos/areas/tributos-juego/tributos/paginas/impuestos-cedidos-transmision

Photos of Apartment for sale in El Faro

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Features of this home

In the home

  • Fully fitted kitchen
  • Private terrace
  • Solarium
  • En-suite bathroom
  • Double glazing
  • Entry phone

In the complex

  • Communal pool
  • Communal gardens
  • Step-free access
  • Gated complex

Setting and views

  • Sea views
  • Mountain views
  • Close to shops
  • Close to the sea
  • Close to town

This price compared with El Faro

Per square metre, this home costs about what apartments in El Faro usually do.

  • This home€4,515 per m²
  • Typical for apartments in El Faro€4,455 per m²
  • Typical for all homes in El Faro€4,300 per m²

7 October 2026

New build in Mijas

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Questions about this home

Has the price of this home been reduced?

Yes. The asking price went from €2,890,000 to €2,700,000, a reduction of 7%.

How much does this home cost per square metre?

This home costs €4,515 per m² of living space. The typical price for apartments in El Faro is €4,455 per m², measured on 7 October 2026.

How much does apartments cost in El Faro?

The typical price for apartments in El Faro is €449,000, measured across 14 homes for sale on 7 October 2026.

How do I book a viewing of this home?

Fill in the form on this page or send us a WhatsApp with reference R5378761. We will contact you to plan a time.

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