Penthouse · Elviria
Penthouse, Elviria, Costa del Sol.
€1,249,500Asking price · Ref. R4988680
Description
Penthouse, Elviria, Costa del Sol.
3 Bedrooms, 2 Bathrooms, Built 117 m², Terrace 74 m².
2 parking spaces plus 1 storeroom. Keys in office!!
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.
Lift in building!!
Setting
Beachside · Close To Golf · Close To Shops · Close To Sea · Close To Schools
Orientation
West
Condition
Excellent
Pool
Communal
Climate Control
Air Conditioning · Hot A/C
Views
Mountain · Street
Features
Lift · Fitted Wardrobes · Near Transport · Private Terrace · WiFi · Gym · Utility Room · Ensuite Bathroom · Double Glazing
Kitchen
Fully Fitted
Garden
Communal
Security
24 Hour Security
Parking
Garage
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- We do not publish valuations or comparables we have not verified.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.