For sale · Costa del Sol · Marbella
Available€480,000
2 beds · 2 baths · 123 m² built
Ref HT5520103Updated daily · Last sync 21 October 2026



About this property
Two-bedroom penthouse with sea views in Elviria, Costa del Sol. From the top floor, the coastline stretches across the horizon, visible from both the 22-square-metre terrace and the interior living spaces. The 123-square-metre layout places the two bedrooms on opposite sides of the apartment, each with its own bathroom, whilst the central living and dining area opens directly onto the terrace through full-width glass doors.
The kitchen comes fully equipped and fitted, with integrated appliances and stone worktops. Both bathrooms feature walk-in showers, and the master includes twin basins. Storage runs the length of one bedroom wall in fitted wardrobes, and a separate utility area houses the washing machine and additional cupboards. The apartment is sold fully furnished, including all soft furnishings, artwork and kitchen equipment. One underground parking space is included, accessed via the gated entrance with security control.
Santa María Green Hills sits on a hillside plot in Elviria, surrounded by mature gardens and two communal swimming pools. The complex is 2.5 kilometres from Elviria Beach and the commercial centre, where restaurants, supermarkets and the weekly market operate year-round. Marbella town centre lies 12 kilometres west along the A-7 coastal road. The property holds a valid tourist licence, allowing short-term rental income outside personal-use periods.
Features
Property details
Location
Map shows the approximate Elviria, Marbella area. The exact position of Santa María Green Hills is not published. 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 penthouses in the same city.
This Penthouse
€3,902 / m²
€3,902 × 123 m² = €480,000 asking
Comparable averages
Marbella penthouses
272 active listings
Similar properties
Market average €7,551/sqm across 272 active marbella penthouses.