Detached Villa · Elviria
Unique investment opportunity! Single storey house located on a large plot in Elvira with sea and golf views
€2,900,000Asking price · Ref. R4687141
Description
Unique investment opportunity! Single storey house located on a large plot in Elvira with sea and golf views
Unique investment opportunity! The house is on one level and has a large garden with a heated pool and its own well. The well has a filter and a 12 m3 underground tank. The house also features a pond with plants, a waterfall, a fountain, underwater lighting and a 10-zone irrigation system. In addition to buildings such as a garage, a workshop and an independent service house with bathroom and kitchen.
The house consists of a large hall that opens to a large living room; It also has 6 bedrooms and 5 bathrooms; All rooms open to the outside with clear views and large porches currently closed with windows; The building is currently not in a correct state of conservation needs some reform.
Plot: 5,250m2; Buildability: 20% Chalet: 460m2 built, garage: 170m2, service house: 40m2, workshop: 20m2. In total 690m2.
Great opportunity to develop a large plot in Elvira with sea and golf views.
A Land !Unique investment opportunity! In Elviria
Are you an investor looking for a unique opportunity to invest in a prime location? This house located on a 5,250 m2 plot could be the investment you have been looking for. Mostly flat land with very good access and slight slope towards the south-west, with direct and open views towards the sea; It is banked on two flat platforms; one to the south where a pond is located and another to the west where the auxiliary service house is located.
Located in an exclusive area, this plot offers the possibility of building three independent chalets, giving you the opportunity to maximize the return on your investment. With a minimum plot size of 1,000 m2 in the area, this property offers you the space and the possibility of creating three unique homes that offer total privacy as well as being located near the most beautiful white sand beaches in Marbella and which are close to services with easy access. There is a commercial area (Centro Comercial Elviria) approximately 1 km away, offering many amenities, including cafes, shops, offices, supermarkets, banks, as well as beautiful bars and restaurants. The center of Marbella is just a short drive away, approximately 15 minutes.
As the property is located in a highly sought-after area with great accessibility, it presents an attractive investment opportunity. Once completed, the villas could be sold generating significant returns on investment. In addition, the possibility of dividing the plot into three also increases the chances of obtaining a higher return on investment. Investing in this property not only offers the potential for profit, but also allows you to invest in a desirable location that is in high demand from buyers. This unique opportunity cannot be missed, and we invite you to take advantage of it today. This is a perfect location to build a new home!
This huge plot is a truly worthwhile opportunity! Located on a quiet and private street in Elviria.
Elviria is a highly sought after residential area located on the eastern side of Marbella, approximately 15 minutes drive from the center of Marbella and 25 minutes drive from Malaga International Airport. Some of the best international schools are located in Elviria, such as the International English School, the German School and the Ecos School. The area is well equipped with services, restaurants, supermarkets and entertainment venues. Also conveniently located are the Santa María and Santa Clara golf courses, with their respective clubs, as well as two other golf courses; Marbella Golf Club and Río Real Golf, just a short drive away. Elviria offers beautiful sandy beaches with charming beach restaurants and the famous Nikki Beach beach club is located right next to the luxurious five-star Hotel Don Carlos.
Setting
Close To Golf · Close To Shops · Close To Schools · Urbanisation
Orientation
South · South West
Condition
Good
Pool
Private · Heated
Climate Control
Air Conditioning · Hot A/C · Cold A/C · Central Heating
Views
Sea · Mountain · Golf · Panoramic
Features
Fitted Wardrobes · Near Transport · Satellite TV · WiFi · Gym · Guest Apartment · Marble Flooring · Barbeque
Kitchen
Fully Fitted
Garden
Private
Security
Gated Complex
Parking
Garage
Utilities
Electricity · Drinkable Water · Telephone
Property Intelligence
Investment memo
Based on feed data only. Where information is not available we say so.
- Asking price
- €2,900,000
- Price per m² built
- €4,203 asking price ÷ listed built area
- Built size
- 690 m²
- Plot size
- 5,250 m²
- Terraces
- Not provided
- Bedrooms
- 6
- Bathrooms
- 5
- Area
- Elviria · area guide
- Location quality
- Elviria, Los Monteros, Río Real, Las Chapas and Cabopino: beaches, dunes and space.
- Rental potential
- Not assessed from feed data. Licensing, seasonality and costs are reviewed in a full memo.
- Liquidity considerations
- Solid international demand; marketing periods are driven by location quality, condition and pricing discipline.
- Relative value
- We do not publish valuations or comparables we have not verified. A comparable set is prepared on request.
Why we like it
- Views listed in the feed: sea, mountain, golf, panoramic.
- Private or communal pool listed.
- Security: gated complex.
- Generous plot relative to the house: 5,250 m² of land for 690 m² built.
What we would challenge
- Condition listed as good: assume a modernisation budget until surveyed.
- Asking price only: we form a view of value from verified comparables before recommending an offer.
What we would verify
- Registered versus cadastral areas for plot and built surfaces
- Licence of first occupation and legality of all structures
- Charges, encumbrances and ownership at the land registry
- Local taxes (IBI), community fees and any pending levies
Acquisition considerations
- Resale purchases in Andalusia are generally subject to 7% transfer tax (ITP); new-build purchases to VAT plus stamp duty. Notary, registry and legal fees are additional. Confirm with your lawyer.
- A private purchase contract with a deposit (often around 10%) normally precedes completion before a notary.
- Financing approvals should be secured before signing a deposit contract.
Marbella East: context
Marbella East covers the coast from Río Real and Los Monteros through Bahía de Marbella, Elviria and Las Chapas to Cabopino and Artola. It offers wide beaches, natural dunes and a more relaxed pace than the west side.
- Marbella old town
- c. 10–20 min
- Puerto Banús
- c. 20–25 min
- Málaga airport
- c. 30–35 min
- International schools
- c. 10–15 min
Approximate driving times, traffic-dependent.
Financing example
How a buyer could potentially fund 100% of the purchase price without automatically selling investments.
- Property price
- €2,900,000
- Taxes, legal, notary and acquisition costs illustrative c. 10%
- €290,000
- Total acquisition requirement
- €3,190,000
- Traditional mortgage 50% of property price
- €1,450,000
- Portfolio-backed facility e.g. c. 70% of an eligible portfolio of c. €2.49m
- €1,740,000
- Cash sale of investments required
- €0
Financing examples are illustrative and do not constitute an offer of credit. Availability depends on the client profile, collateral, property, jurisdiction and lender approval. Portfolio-backed lending may be illustrated at up to approximately 70% loan-to-value where suitable. Actual lending value depends on portfolio composition, concentration, volatility, liquidity, currency, jurisdiction and lender approval. Borrowing below the maximum leaves a buffer if markets fall. Mortgage approval depends on income, residency, property value and lender. How Smart Financing works.
Property information is supplied by owners, collaborating agencies and/or authorised data providers and is subject to verification. Availability, measurements, planning status and specifications may change and should be independently confirmed before acquisition. The exact address is disclosed privately.