Detached Villa · Elviria
OPPORTUNITY TO INVEST.
€4,750,000Asking price · Ref. R4884292
Description
OPPORTUNITY TO INVEST.
Fantastic new construction property located in Elviria on the beach, just a few meters from the well-known Vincci Hotel.
Unbeatable location just a few minutes walk from the best beaches on the Costa del Sol.
Minimalist villa consisting of three floors with a basement that could be used as a gym, games room, cinema, and parking for more than 10 cars ( 364 m2)
On the first floor, a large fully equipped kitchen, a fantastic living room with a terrace with views of the mountains.
On the second floor, three bedrooms en suite, kitchen and laundry room, all totally exterior with another magnificent terrace.
On the third floor, a large terrace with beautiful views of La Concha de Marbella, swimming pool and chill area.
It has three licenses already granted by the Marbella City Council.
Consult the different possible options that this property may have.
The finishing and details of the villa are expected to be completed at the end of November-December 2024
Property Intelligence
Investment memo
Based on feed data only. Where information is not available we say so.
- Asking price
- €4,750,000
- Price per m² built
- €4,852 asking price ÷ listed built area
- Built size
- 979 m²
- Plot size
- Not provided
- Terraces
- Not provided
- Bedrooms
- 3
- 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- We do not publish valuations or comparables we have not verified.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
Our view is formed once we have viewed the property and reviewed its documentation.
What we would challenge
- 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
- €4,750,000
- Taxes, legal, notary and acquisition costs illustrative c. 10%
- €475,000
- Total acquisition requirement
- €5,225,000
- Traditional mortgage 50% of property price
- €2,375,000
- Portfolio-backed facility e.g. c. 70% of an eligible portfolio of c. €4.07m
- €2,850,000
- 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.