For sale · Costa del Sol · Marbella
Available2-Bed Penthouse for Sale in Elviria, Marbella
€1,100,000
2 beds · 2 baths · 85 m² built
Ref HT5538853Updated daily · Last sync 7 November 2026
About this property
Overview
Two-bedroom penthouse with beachfront position in Elviria, Costa del Sol. This top-floor residence sits directly on the shoreline, where morning light reflects off the Mediterranean through floor-to-ceiling windows across an open-plan living space finished in neutral tones and pale wood flooring installed during a complete 2023 renovation.
The 85 square metres of interior space flows onto a 30-square-metre private terrace that runs the length of the property, offering uninterrupted sea views from multiple angles. Both double bedrooms include built-in wardrobes and en-suite bathrooms fitted with new sanitaryware and walk-in showers. The kitchen features integrated Bosch appliances, soft-close cabinetry and Silestone worktops. New double-glazed windows throughout provide both thermal efficiency and sound insulation. The property comes fully furnished with contemporary pieces selected to complement the coastal palette, and includes one underground parking space within the secure complex.
The building sits within a gated beachfront community in Elviria with direct access to the sand via a private gate, positioned 400 metres east of Nikki Beach Marbella. Central Marbella lies 12 kilometres west along the coastal road, reachable in 15 minutes outside peak season. The immediate area contains several beach clubs, the Elviria commercial centre with supermarkets and restaurants within 800 metres, and Santa María Golf Club 2 kilometres inland. Málaga Airport sits 45 kilometres to the northeast, connected by the A-7 coastal motorway that runs behind the urbanisation.
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Features
What this home includes
- Pool
- Sea view
- Beachfront
- Terrace
Property details
Specifications
- Property type
- Penthouse
- Subtype
- Penthouse
- Bedrooms
- 2
- Bathrooms
- 2
- Built area
- 85 m²
- Terrace
- 30 m²
- Parking spaces
- 1
- Levels
- 1
- Year built
- 1990
- Condition
- Excellent
- Furniture
- Fully Furnished
- Pool
- Yes
- New build
- Yes
- Beachfront
- Yes
- Sea view
- Yes
- Area
- Elviria
- City
- Marbella
- Postcode
- 29604
- Province
- Málaga
- Coast
- Costa del Sol
Location
Elviria, Marbella
Map shows the approximate Elviria, Marbella area. Exact address provided upon request. This property is in ElviriaMarbellaCosta del Sol.
Playa de Artola
7 mindrive
Greenlife Golf Marbella
2 mindrive
Puerto Cabopino
9 mindrive
Urgencias Hospital Costa del Sol
7 mindrive
Marbella
14 mindrive
Málaga Airport (AGP)
50 mindrive
9 questions answered
Buying this penthouse in Elviria
Can foreigners buy property in Elviria?
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.
What is an NIE and how do I get one?
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.
Do I need a Spanish lawyer?
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.
How long does completion take?
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.
What taxes will I pay buying a property in Elviria?
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.
What ongoing costs should I expect?
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.
Are agent fees paid by the buyer or seller?
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.
Can non-residents get a Spanish mortgage?
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.
Should I get pre-approval before viewing?
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.
