Penthouse · Elviria
Penthouse in Elviria
€1,249,500Asking price · Ref. R4987348
Description
Stunning beachside penthouse for sale!!! This luxury residential complex, consisting of only 36 units, is located in Elviria, Marbella, one of the most sought after areas of the Costa del Sol. The penthouse offers including spacious terrace 191 m² constructed area, with a spacious living-dining room where you can enjoy the natural light and a modern open space kitchen fully fitted and equipped. From this space there is access to an impressive open terrace of 74 m², ideal for enjoying the Mediterranean climate. The master bedroom has an en suite bathroom, as well as direct access to the terrace. The penthouse has two guest bedrooms and two complete bathrooms. The property comes with high quality finishes, including porcelain flooring, fitted wardrobes, aluminium or PVC exterior carpentry with Climalit double glazing, and centralised air conditioning with Airzone system. In addition, they have aerothermal heating for hot water production, videophone, armoured door and pre-installation for electric vehicle charging point. The price includes two parking spaces and a storage room.
Setting
Beachside · Close To Golf · Close To Shops · Close To Sea · Close To Schools
Orientation
West
Condition
Excellent
Pool
Communal
Climate Control
Hot A/C
Views
Mountain
Features
Gym · Ensuite Bathroom
Kitchen
Fully Fitted
Garden
Communal
Security
24 Hour Security
Property Intelligence
Investment memo
Based on feed data only. Where information is not available we say so.
- Asking price
- €1,249,500
- Price per m² built
- €10,679 asking price ÷ listed built area
- Built size
- 117 m²
- Plot size
- Not applicable (apartment)
- Terraces
- 74 m²
- Bedrooms
- 3
- Bathrooms
- 2
- 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
- Sits in the deepest part of the prime market; resale demand is typically broad, with condition and location the main differentiators.
- Relative value
- We do not publish valuations or comparables we have not verified. A comparable set is prepared on request.
Why we like it
- Private or communal pool listed.
- Security: 24 hour security.
- Condition listed as excellent.
What we would challenge
- Community fees, statutes and management quality should be reviewed before an offer.
- 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
- €1,249,500
- Taxes, legal, notary and acquisition costs illustrative c. 10%
- €125,000
- Total acquisition requirement
- €1,374,500
- Traditional mortgage 50% of property price
- €625,000
- Portfolio-backed facility e.g. c. 70% of an eligible portfolio of c. €1.07m
- €749,500
- 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.