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 2027-03-31

Ref HT5018227

Updated daily · Last sync 2026-06-14T21:50:30.377894+00:00

About this property

Overview

Sira Homes is a new development of 2 to 3-bedroom ground floor apartments for sale in Marbella, Costa del Sol, priced from €870,000 to €1,295,000. This is a small-scale project of just 21 residences, which positions it well below the typical Costa del Sol development size and suggests a quieter ownership structure. The scheme centres on a wellness hub accessed via a connecting bridge, an unusual amenity for a development of this scale in Marbella, where most comparable projects stop at a communal pool and landscaping.

Built sizes range from 131 to 184 square metres across two and three-bedroom configurations, with two to three bathrooms depending on layout. All units are ground floor apartments. The development includes a communal swimming pool and extensive Mediterranean gardens with native planting and illuminated pathways. The wellness hub contains a dry sauna, hammam, a gym with equipment, and an outdoor fitness area. Green walls planted with local flora run through the common areas. Parking provision has not been confirmed in the available data, so buyers should verify garage or surface space allocation directly with the developer before reservation.

Elviria sits on the eastern edge of Marbella municipality, roughly 15 minutes by car from the old town and 12 minutes from the A7 coastal motorway junction at Cabopino. The area attracts Northern European second-home buyers and retirees who prefer a residential setting over the denser Golden Mile or Puerto Banús zones. Cabopino Golf is under three kilometres away, with Santa María Golf, Santa Clara Golf, and Río Real all within a ten-minute drive. Elviria has its own commercial centre with supermarkets, medical services, and year-round restaurants, which matters for buyers planning extended stays outside the summer season. The beaches here are wider and less built-up than those closer to Marbella centre, with several established beach clubs. This is a suburban location, not a beachfront one, so expect a short drive or walk to the coast rather than direct sea access.

Completion status and construction timeline have not been specified in the data provided, so prospective buyers must confirm whether this is an off-plan launch, active construction, or nearing handover. Spanish new build purchases typically require a reservation deposit to secure the unit, followed by stage payments tied to construction milestones, with the balance due on completion when keys are handed over. All payment schedules and amounts should be verified in writing with the developer. Independent legal representation is strongly recommended to review contracts, confirm planning permissions, and conduct due diligence on the developer's financial standing. Given the relatively high entry price and the boutique scale of the project, resale liquidity will depend heavily on the reputation of the developer and the quality of finishes on delivery.

Features

What this home includes

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

Property details

Specifications

Reference
HT5018227
Property type
Ground Floor 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
Completion
2027-03-31
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

The price at Sira Homes covers the apartment itself, your private garage, and access to either a private or communal pool depending on your unit. All ground floor apartments come with a private garden, which is a significant feature for beachside living. The exact inclusions may vary slightly between the 2 and 3 bedroom options, so it's worth confirming the specific details for your chosen unit.

Yes, sea views are a key feature at Sira Homes, and the south-facing orientation means you'll get excellent natural light throughout the day. Being right on the beachside in Elviria, the apartments are positioned to take advantage of these views. The exact view quality may depend on which specific unit you choose within the development.

Sira Homes offers both 2 and 3 bedroom ground floor apartments, with built sizes ranging from 131 m² up to 184 m². The 2 bedroom units start at the smaller end of that range, while the 3 bedroom options give you more space. Each apartment includes a private garden as part of the ground floor offering.

The 3 bedroom apartments at Sira Homes are priced from €1,095,000 up to €1,295,000, depending on the exact size and specific features of each unit. These larger units offer 184 m² of built space and come with all the benefits of the beachside location. The price variation reflects differences in garden size, view orientation, and other individual property characteristics.

Sira Homes is expected to be completed in March 2027, giving you a clear timeline for when you can take possession of your apartment. This allows time for quality construction of these beachfront properties in Elviria. You'll want to discuss payment schedules and handover procedures with the sales team once you've selected your unit.

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 ground floor apartments in the same city.

This Ground floor 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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Sira Homes

Marbella · From €870,000 · 2 to 3 beds · Completing Q1 2027

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