Residential Plot · Elviria
Residential Plot in Elviria
€3,500,000Asking price · Ref. R5210629
Description
FANTASTIC OPEN SEA VIEWS FROM THIS UNIQUELY POSITIONED PLOT OF 4444M2 WITH THE POSSIBILITY TO MAKE 4 INDEPENDENT VILLAS WITH PANORAMIC VIEWS. THERE EXISTS ONE VILLA ON ONE FLOOR WHICH CAN BE NICELY RENOVATED. OR IT CAN ALSO BE DEMOLISHED AND CAN APPLY FOR A PROJECT OF 4 INDEPENDENT VILLAS WITH VERY GOOD VIEWS AND VERY GOOD LOCATION. THE AREA IS LOCATED BY LUXURY VILLAS AND A CONSOLIDATED URBANISATION WITH ALL THE NECESSARY FOR DAILY SHOPPING, GOLF, SCHOOLS, SERVICES AND ENTERTAINMENT AT FEW MINUTES DRIVE.
Setting
Close To Golf · Close To Schools · Urbanisation
Orientation
East · South · West
Pool
Private
Views
Sea · Mountain · Panoramic
Utilities
Electricity
Property Intelligence
Investment memo
Based on feed data only. Where information is not available we say so.
- Asking price
- €3,500,000
- Price per m² built
- Built area not provided
- Built size
- Not provided
- Plot size
- 4,444 m²
- Terraces
- Not provided
- Bedrooms
- Not provided
- Bathrooms
- Not provided
- 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- We do not publish valuations or comparables we have not verified.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, panoramic.
- Private or communal pool listed.
What we would challenge
- Build cost, licence timelines and design constraints determine the true all-in price of a plot.
- 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
- €3,500,000
- Taxes, legal, notary and acquisition costs illustrative c. 10%
- €350,000
- Total acquisition requirement
- €3,850,000
- Traditional mortgage 50% of property price
- €1,750,000
- Portfolio-backed facility e.g. c. 70% of an eligible portfolio of c. €3m
- €2,100,000
- 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.
