New development · Costa del Sol · Marbella

ZEW ELVIRIA

€690,000 to €1,350,000

2 to 3 beds · 151 to 187 m² built · Est. completion 2029-01-24

Ref HT5153692

Updated daily · Last sync 2026-06-14T21:50:31.085119+00:00

About this property

Overview

ZEW ELVIRIA is a new development of 2 to 3-bedroom ground floor apartments for sale in Marbella, Costa del Sol, priced from €690,000 to €1,350,000. The project comprises 88 duplex units positioned at the top of Elviria Hill, an elevated site surrounded by pine forest with open mountain views. This is one of the larger residential schemes in Marbella East, and the hillside setting means buyers trade beachfront proximity for privacy, space, and a significantly lower price per square metre than comparable coastal developments. Selected three-bedroom units can incorporate an optional fourth bedroom, typically used as a home office or guest room.

Built sizes range from 151 to 187 m², with two to three bathrooms depending on configuration. Each apartment is a duplex, spreading living space across two levels. The development includes four communal swimming pools, a gym, and a co-working area. A concierge service operates via app and provides a shuttle to the beach and Elviria Commercial Centre, addressing the fact that residents are not within walking distance of either. The architecture follows a minimalist approach designed to sit within the forested hillside rather than dominate it. Communal areas include walking paths and designated relaxation zones within the landscaped grounds.

Elviria Hill sits inland from the Marbella East coastline, approximately 10 minutes by car from the beaches at Elviria and Las Chapas. The Elviria Commercial Centre, which has supermarkets, restaurants, and everyday services, is five minutes away. Marbella town centre is 15 minutes, and Málaga Airport is 30 minutes under normal traffic conditions. The area attracts Northern European buyers, particularly Scandinavians and Germans, who prioritise larger properties, green surroundings, and year-round residence over beachfront location. Several golf courses are nearby, including Santa María Golf, Río Real, Santa Clara, and Marbella Golf Country Club, all within a 10-minute radius. The hillside position means road access involves a climb, and buyers should verify mobile signal strength and internet provision before committing, as forested elevations can present connectivity challenges.

This is an off-plan development. The standard Spanish purchase structure applies: reservation deposit secures the unit, stage payments follow construction milestones, and the balance is due on completion when keys are handed over. All amounts and payment schedules must be confirmed directly with the developer. Independent legal representation is essential, particularly for buyers unfamiliar with Spanish property law and off-plan contracts. The shuttle service to the beach and commercial centre is a practical consideration for households with one vehicle or those who prefer not to drive daily for basic errands.

Features

What this home includes

  • Pool
  • Private garden
  • Beachside

Property details

Specifications

Reference
HT5153692
Property type
Ground Floor Apartment
Bedrooms
2 to 3
Bathrooms
2 to 3
Built area
151 m² to 187 m²
Terrace
130 m²
Plot size
40 m²
Price range
€690,000 to €1,350,000
Completion
2029-01-24
Pool
Yes
Garden
Yes
Beach side
Yes
City
Marbella
Coast
Costa del Sol

What's Nearby

Playa de Artola
8 mindrive
Greenlife Golf Marbella
3 mindrive
Puerto Cabopino
10 mindrive
English International College
5 mindrive
Instituto de Educación Secundaria Las Dunas
6 mindrive
Dia
7 mindrive
ALDI
9 mindrive
Mercadona
13 minwalk
Urgencias Hospital Costa del Sol
9 mindrive
Farmacia Elviria
13 minwalk
Centro Comercial el Puente 3
17 mindrive
Marbella
16 mindrive
180 restaurants & bars
within 10 mindrive
Málaga Airport (AGP)
50 mindrive
Beachside, south of the coastal road (A-7), close to the Mediterranean.

Location

Marbella

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

ZEW ELVIRIA sits on the sea side of the AP-7, placing you between the motorway and the Mediterranean with Playa de Artola just 8 minutes away by car. Málaga Airport is 50 minutes north, making this convenient for those who travel regularly. Greenlife Golf Marbella is a 3-minute drive, while Puerto Cabopino marina is 10 minutes away. Schools including English International College are nearby, and Marbella town centre is a 16-minute drive for dining and shopping. This location suits golfers, families seeking easy airport access, and buyers who want beach proximity without being directly in the town.

18 questions answered

ZEW ELVIRIA: Frequently Asked Questions

ZEW ELVIRIA prices range from €690,000 to €1,350,000 depending on the size and configuration you choose. The price includes your ground floor apartment with either a private or communal pool access, a private garden area, and built sizes ranging from 151 to 187 square metres, so you get outdoor space as standard in this beachside development.

ZEW ELVIRIA is located in Elviria, Marbella on the Costa del Sol, right on the beach. This area is known for its relaxed coastal lifestyle while still being close to Marbella's amenities, restaurants, and golf courses, making it a genuine beachfront address rather than being set back from the coast.

ZEW ELVIRIA offers both 2-bedroom and 3-bedroom ground floor apartments. The 2-bedroom units start at the lower end of the price range, while the 3-bedroom options provide more space and typically command higher prices within the ZEW ELVIRIA portfolio.

Every apartment at ZEW ELVIRIA comes with a private garden, which is a significant advantage for ground floor living. Additionally, residents have access to either a private pool or communal pool facilities, so you get both personal outdoor space and shared amenities in this beachside location.

ZEW ELVIRIA is expected to be completed on 24 January 2029, giving you a clear timeline for this new development. This allows time for quality construction while you can plan your move to this beachfront Marbella location.

Buying off-plan in Marbella 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

€4,570 / m²

€4,570 × 151 m² = €690,000 asking · entry unit

Comparable averages

  • Apartments & penthouses in Marbella

    15 active listings

    €8,564 / m²47% below market

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ZEW ELVIRIA

Marbella · From €690,000 · 2 to 3 beds · Completing Q1 2029

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