For sale · Costa del Sol · Marbella
Available€389,000
2 beds · 2 baths · 110 m² built
Ref HT5484391Updated daily · Last sync 26 October 2026



About this property
Two-bedroom apartment with sea views in Elviria, Costa del Sol. The 30sqm terrace captures Mediterranean vistas, extending the 110sqm interior into an outdoor space where the horizon meets practical living. This apartment delivers the essential coastal view without the beachfront premium.
The layout divides into a living and dining area, separate fitted kitchen, two bedrooms and two bathrooms across the 110sqm built area. Natural light reaches through to the main rooms, whilst the terrace adds functional outdoor square meterage for year-round use. The property requires cosmetic updating, which allows the next owner to select finishes, fixtures and a kitchen configuration that matches their requirements rather than inheriting someone else's choices. One allocated parking space and a separate storage room come with the sale, addressing two common shortfalls in apartment ownership.
Santa Maria Village operates as a gated residential complex with communal pool, maintained gardens and 24-hour security. The development sits in Elviria, 12 kilometres east of Marbella's centre, where the coast road connects to a cluster of golf courses, beach clubs and the commercial spine of Elviria itself. Nikki Beach lies 2 kilometres west along the N-340, offering one of the coast's established beach venues within a short drive.
Features
Property details
Location
Map shows the Santa Maria Village 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
€3,536 / m²
€3,536 × 110 m² = €389,000 asking
Comparable averages
Marbella apartments
938 active listings
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Market average €6,526/sqm across 938 active marbella apartments.