For sale · Costa del Sol · Marbella
Available€404,500€415,000
1 bed · 1 bath · 54 m² built
Price reduced
Ref HT5467282Updated daily · Last sync 27 October 2026



About this property
One-bedroom apartment with tourist licence in Elviria, Costa del Sol. This ground-floor residence within the gated Romana Playa complex generates immediate rental income through its active tourist licence, a rare asset in this sought-after beachside enclave. The 54sqm layout includes a fully fitted kitchen, air conditioning throughout, and fitted wardrobes that maximise the usable living space without sacrificing comfort.
The private terrace extends the apartment's footprint into outdoor living space, whilst double glazing ensures year-round tranquillity. Inside, the single bedroom accommodates guests or owners with equal ease, and the bathroom serves the layout efficiently. The kitchen comes equipped with integrated appliances, and the air conditioning system allows independent climate control. Storage solutions are built into the design, with the fitted wardrobes concealing seasonal items and travel essentials. The terrace overlooks the communal gardens, providing a green outlook from the ground-floor position.
Romana Playa sits within Elviria's established residential quarter, where the gated perimeter and security presence create a secure environment for investment properties. The complex shares access to a communal swimming pool and landscaped gardens maintained by the community. Elviria's commercial centre lies 800 metres inland, whilst the beachfront stretches along the coast less than 400 metres south of the complex. The A7 coastal road connects the area to Marbella's centre in twelve minutes by car, and Málaga Airport sits 35 kilometres west along the same route.
Features
Property details
Location
Map shows the Romana Playa complex location. Exact unit address provided upon request. This property is in ElviriaMarbellaCosta del Sol.
9 questions answered
Yes. Spain places no restrictions on foreign buyers, EU and non-EU citizens can purchase freely in Elviria. You will need a Spanish NIE (foreigner tax number) before signing the title deed, plus a Spanish bank account for the transfer. The full purchase typically completes 6 to 10 weeks from signing the reservation contract.
The NIE (Número de Identificación de Extranjero) is your Spanish tax ID and is mandatory for buying property, opening a bank account or paying taxes. You can apply at a Spanish consulate in your home country or in person in Spain. Your lawyer can also obtain it on your behalf with a power of attorney, typically 2 to 4 weeks.
Strongly recommended. An independent lawyer (abogado), separate from the agent and seller, verifies title, checks for debts and planning issues, drafts contracts and represents you at the notary. Typical fee is 1% of the purchase price plus VAT, with a minimum around €1,500.
From accepted offer to keys: 6 to 10 weeks for a resale, 30 to 45 days from reservation if no mortgage is needed. New-build off-plan completes when the development is delivered, often 18 to 36 months after reservation, with staged payments along the way.
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.
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.
Market context
Live €/m² comparisons from current inventory of similar apartments in the same city.
This Apartment
€7,491 / m²
€7,491 × 54 m² = €404,500 asking
Comparable averages
Marbella apartments
941 active listings
Similar properties
Market average €6,516/sqm across 941 active marbella apartments.