Penthouse · Elviria
Exclusive Penthouse – Just 200 Metres from Elviria Beach
€1,090,000Asking price · Ref. R5216506
Description
Exclusive Penthouse – Just 200 Metres from Elviria Beach
New luxury residence with spacious terrace and exceptional finishes
Discover this stunning 3-bedroom penthouse in the prestigious Estrella del Mar development – an architectural masterpiece on Marbella’s sought-after east side.
Completed in April 2024, this property epitomises modern Mediterranean living, offering premium quality throughout, elegant design, and a perfect blend of comfort and sophistication.
Ideally located only 200 metres from the golden sands of Elviria Beach, this is the ultimate home for those seeking both relaxation and refined living on the Costa del Sol.
Highlights
• Expansive 70 m² terrace, beautifully furnished for entertaining – with a dining table for 12, stylish lounge area, sunbeds, drink/wine cooler, and electric awnings.
• Contemporary designer kitchen by Gunni & Trentino, featuring fully integrated Miele appliances, including a wine fridge.
• Bright and spacious open-plan living area, seamlessly connecting the kitchen and lounge to the terrace.
• Three elegant bedrooms, each with direct terrace access and generous built-in wardrobes.
• Luxurious master suite with private en-suite bathroom in modern, high-end finishes.
• Two private parking spaces and storage room in secure underground garage, with lift access directly to the apartment.
• Fully completed and ready for immediate occupancy.
* Gym
The apartment is sold unfurnished, however the complete bespoke furniture package can be purchased separately upon request.
Features & Facilities
• Integrated air conditioning
• High-speed internet and TV with Norwegian channels
• Modern residents’ gym with state-of-the-art equipment
• Two communal swimming pools
• Elevator and secure gated parking
• Fully fitted kitchen with premium appliances
• Washing machine, dishwasher, and coffee maker
Location
Elviria is one of Marbella’s most desirable residential areas – renowned for its beautiful beaches, excellent golf courses, vibrant dining scene, and relaxed coastal atmosphere.
Enjoy the convenience of being within walking distance of the beach, shops, restaurants, and wellness facilities – all while living in a peaceful and private environment.
Nearby amenities:
• Elviria Beach – 5-minute walk
• Santa Maria Golf – 5-minute drive
• Marbella Old Town – 10-minute drive
• Puerto Banús – 15-minute drive
• Málaga Airport – approx. 40-minute drive
The Area
Elviria offers a lifestyle of variety and charm – from family-friendly activities to exclusive beach clubs such as Nikki Beach. The area also boasts adventure parks, waterparks, scenic walking routes, and an abundance of restaurants, cafés, and boutiques.
A rare opportunity to acquire a brand-new, high-specification penthouse in one of Marbella’s most desirable coastal enclaves.
Experience the best of Costa del Sol living – with timeless elegance, superior craftsmanship, and the beach just steps away.
Contact us today to arrange a private viewing or request further information.
Setting
Suburban · Beachside · Close To Golf · Close To Shops · Close To Sea · Close To Schools · Close To Forest · Urbanisation
Orientation
South West
Condition
Excellent
Pool
Communal · Children`s Pool
Climate Control
Air Conditioning · Hot A/C · Cold A/C
Views
Mountain · Forest · Street
Features
Lift · Fitted Wardrobes · Near Transport · Private Terrace · WiFi · Gym · Storage Room · Utility Room · Ensuite Bathroom · Marble Flooring · Double Glazing · Fiber Optic
Furniture
Fully Furnished · Optional
Kitchen
Fully Fitted
Garden
Communal · Landscaped · Easy Maintenance
Security
Gated Complex · Electric Blinds · Entry Phone
Parking
Underground · Street · More Than One · Private
Utilities
Electricity
Property Intelligence
Investment memo
Based on feed data only. Where information is not available we say so.
- Asking price
- €1,090,000
- Price per m² built
- €13,133 asking price ÷ listed built area
- Built size
- 83 m²
- Plot size
- Not applicable (apartment)
- Terraces
- 71 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: gated complex, electric blinds, entry phone.
- 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
- €1,090,000
- Taxes, legal, notary and acquisition costs illustrative c. 10%
- €109,000
- Total acquisition requirement
- €1,199,000
- Traditional mortgage 50% of property price
- €545,000
- Portfolio-backed facility e.g. c. 70% of an eligible portfolio of c. €934,000
- €654,000
- 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.