New development · Costa del Sol · Marbella

Sira Homes

€870,000 to €1,295,000

2 to 3 beds · 131 to 184 m² built · Est. completion Q1 2027

Ref HT5018227Updated daily · Last sync 26 August 2026

About this property

Overview

Sira Homes is a small collection of 21 apartments in Elviria, where the built sizes run from 131 to 184 square metres and the terraces are genuinely large, from 44 to 85 square metres. The two-bedroom homes suit couples or small families who want space and outdoor living without maintaining a villa. The three-bedroom layouts work for larger families, with sizes that allow proper separation between rooms. Every apartment comes with a garage space, and the ground floors have private gardens of 172 square metres, while the upper floors gain the views. The southwest orientation and the generous terrace dimensions mean these are homes designed around outdoor use, not token balconies.

The setting is residential and quiet, on the Elviria side of the AP-7 motorway. You are close to the beach, with Playa de Artola seven minutes by car, but not within walking distance of it. Santa María Golf & Country Club is two minutes away, and three other courses are nearby, so this suits golfers. Families have English International College five minutes away and the day-to-day shops and restaurants of Elviria within a short drive. Marbella town centre is 16 minutes, Málaga Airport 50 minutes. You will need a car here. The surrounding area is green, with forests and golf courses giving you country and mountain views alongside the sea views from the upper floors.

The development includes a wellness hub with a gym, sauna and hammam, plus outdoor fitness space. The communal gardens are planted with native species and the design follows BREEAM environmental standards. The facilities and the scale make this a quiet, low-density project rather than a high-turnover resort complex. The drawback is the same as the appeal: Elviria is peaceful and green, but it sits away from the busier coastal strips, so if you want to walk to bars and beaches, this is the wrong place.

Features

What this home includes

  • Pool
  • Private garden
  • Parking
  • Sea view
  • Beachside
  • South facing

Property details

Specifications

Reference
HT5018227
Property type
Apartment
Bedrooms
2 to 3
Bathrooms
2 to 3
Built area
131 m² to 184 m²
Terrace
44 m² to 85 m²
Plot size
172 m²
Price range
€870,000 to €1,295,000
Est. completion
Q1 2027
Pool
Yes
Garden
Yes
Garage
Yes
Beach side
Yes
Sea view
Yes
South facing
Yes
Area
Elviria
City
Marbella
Coast
Costa del Sol

What's Nearby

Playa de Artola
7 mindrive
Santa María Golf & Country Club
2 mindrive
Puerto Cabopino
10 mindrive
English International College
5 mindrive
Instituto de Educación Secundaria Las Dunas
6 mindrive
Lidl
5 mindrive
Mercadona
6 mindrive
Carrefour
6 mindrive
Carrefour Market
20 minwalk
Urgencias Hospital Costa del Sol
9 mindrive
Farmacia Elviria
4 mindrive
Centro Comercial el Puente 3
17 mindrive
Marbella
16 mindrive
186 restaurants & bars
within 10 mindrive
Málaga Airport (AGP)
50 mindrive
Beachside, south of the coastal road (A-7), close to the Mediterranean.

Location

Elviria, Marbella

Location shown is the development site. This development is in ElviriaMarbellaCosta del Sol.

Sira Homes sits on the sea side of the AP-7, placing you between the motorway and the Mediterranean. Playa de Artola is a 7 minute drive away, making beach access straightforward. Santa María Golf & Country Club is just 2 minutes by car if you're a golfer. Málaga Airport takes 50 minutes to reach, while Marbella town centre is 16 minutes away. This location suits families who want coastal living with easy access to golf, schools like English International College, and the wider Costa del Sol.

18 questions answered

Sira Homes: Frequently Asked Questions

Playa de Artola is 2.3 kilometres away, about seven minutes by car. The distance and the terrain mean walking is not practical, so a car is necessary for beach visits. The coastal path and dune system at Artola are protected, which keeps that stretch quiet even in summer.

The upper-floor apartments face southwest and gain sea, mountain and country views, with forests and golf courses in the foreground. Ground-floor homes look onto their private gardens and the communal landscaping. The southwest orientation means afternoon and evening sun on the terraces year-round.

Ground-floor apartments come with private gardens of 172 square metres, which you maintain yourself. Upper floors have large terraces but no private garden, and share the communal landscaping. Both types include garage parking and access to the wellness facilities and outdoor fitness areas.

English International College is 2.2 kilometres away, about five minutes by car. The location in Elviria puts you close enough for the school run without living on top of it. Healthcare is covered by Urgencias Hospital Costa del Sol, nine minutes away, and day-to-day shops are six minutes by car.

Santa María Golf & Country Club is 600 metres away, reachable in two minutes, and three other courses sit within a short drive. The golf presence keeps the area green and low-rise, but it also means you are in a residential pocket rather than a walkable town centre. Everything except the golf requires a car.

Buying off-plan in Elviria means reserving a property before or during construction. You pay a reservation deposit (typically €6,000 to €12,000), then sign a private purchase contract within 30 days and pay a further 10 to 20% of the purchase price. Staged payments follow the construction milestones. The final 60 to 70% is paid at notary completion when the keys are handed over.

Under Spanish law (Law 57/1968 and its 2015 successor), all off-plan deposits must be covered by a bank guarantee or insurance policy. Your lawyer must verify this before you pay any money. If the developer fails to deliver, you can claim 100% of your deposit plus 6% annual interest. Never transfer funds without a confirmed guarantee in your name.

Spanish law mandates three tiers: a 10-year structural guarantee (Seguro Decenal) for serious structural defects, a 3-year guarantee for habitability issues (waterproofing, insulation, installations), and a 1-year guarantee on finishes and fixtures. These run from the date the licence of first occupation (licencia de primera ocupación) is issued.

New-build purchases are subject to 10% IVA (VAT) on the purchase price, plus 1.2% AJD (stamp duty) in Andalucía. Parking spaces or storage sold separately may attract 21% IVA. Add notary, land registry and legal fees (1 to 2%), budget 12 to 15% on top of the purchase price in total acquisition costs.

Most developers allow personalisation during the early construction phase, choices of floor tiles, kitchen units, bathroom fixtures, paint colours and sometimes layout tweaks. The window for changes is typically 3 to 6 months after signing the contract. Structural changes are rarely possible once work has started. Your sales representative will provide a customisation deadline and specification sheet.

Typical build time in coastal Spain is 18 to 30 months from licence grant to completion. Delays of 3 to 6 months are common due to weather, supply-chain or permit issues. Your contract should specify a longstop completion date and the compensation you are owed for any overrun. Always check whether the building licence has already been granted before reserving.

Key due-diligence points: (1) confirm the building licence is granted, not just applied for; (2) verify all deposits are bank-guaranteed in your name; (3) check the developer's track record and financial standing; (4) review the specification sheet and what is included in the price; (5) confirm the estimated completion date and longstop clause; (6) have an independent Spanish lawyer review the contract before you sign anything.

Yes, both are required before the final notary signing. You can reserve with a passport, but your Spanish NIE (foreigner tax number) is needed for the private purchase contract and your Spanish bank account for the staged transfers. Your lawyer can obtain your NIE with a power of attorney in 2 to 4 weeks. Open the bank account on your first trip to Spain or remotely via certain Spanish banks.

Yes. Spanish banks lend to non-residents at typical LTVs of 60 to 70% of the lower of purchase price or valuation (vs 80% for residents). Rates are competitive with the rest of the eurozone. You will need 6 months of bank statements, tax returns and proof of income, pre-approval takes 2 to 4 weeks.

Recommended for serious buyers. A mortgage in principle confirms your budget, signals credibility to sellers and shortens completion. We can introduce you to specialist non-resident mortgage brokers familiar with the local market.

Resale property in Andalucía: ITP (transfer tax) at 7%. New-build: 10% IVA + 1.2% AJD (stamp duty). Plus notary, land registry and legal fees of roughly 1 to 2%. Budget 10 to 13% on top of the asking price for total acquisition costs.

Annual IBI (council tax) is typically 0.4 to 1.1% of cadastral value. Community fees on apartments and gated villas range €100 to €600/month depending on amenities. Non-resident owners pay an annual income tax based on cadastral value, plus utilities and home insurance.

In Spain the seller pays the agent commission (typically 3 to 6% + VAT), already baked into the asking price. Buyers do not pay agent fees on resale or new-build.

Market context

How it sits in the market

Live €/m² comparisons from current inventory of similar apartments in the same city.

This Apartment

€6,641 / m²

€6,641 × 131 m² = €870,000 asking · entry unit

Comparable averages

  • New developments in Elviria

    3 active listings

    €5,768 / m²15% above market

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