For sale · Costa del Sol · Marbella
Available4-Bed Penthouse in Cerrado de Elviria, Marbella
Residential complexCerrado de ElviriaGated community
€1,649,000€1,699,000
4 beds · 4 baths · 169 m² built
Price reduced
Ref HT5478031Updated daily · Last sync 27 October 2026
About this property
Overview
Four-bedroom penthouse with beachfront position in Elviria, Costa del Sol. This recently renovated duplex occupies the top floor of a secure gated complex with direct beach access, placing the Mediterranean shoreline just steps from the entrance. The conversion from three to four bedrooms included a complete air-conditioning system replacement, new windows throughout, and custom awnings across the 70sqm of terrace space that wraps around the living areas.
Inside, 169sqm of marble-floored accommodation includes four bathrooms, a brand-new kitchen, and open-plan living spaces that extend onto multiple terraces. The principal terrace overlooks landscaped communal gardens and captures sea views across the complex towards the coastline. Each bedroom has been fitted with contemporary finishes during the renovation, whilst the living areas benefit from the increased natural light provided by the new window installations. One underground parking space is included, with the complex providing additional guest parking within the gated perimeter.
Cerrado de Elviria sits on the beachfront in eastern Marbella, with residents accessing communal pools, tennis courts, padel facilities, and maintained gardens within the secure grounds. Elviria commercial centre lies 1.5 kilometres west, containing supermarkets, restaurants, and services. The property stands 12 kilometres from Marbella's old town and 15 minutes' drive from Puerto Banús marina, with Málaga airport 45 kilometres along the A-7 coastal motorway.
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Features
What this home includes
- Alarm system
- Sea view
- Air conditioning
- Double glazing
- Ensuite bathroom
- Fitted kitchen
- Fitted wardrobes
- Storage room
- Garage
- Fibre internet
- Beachfront
- Beachside
- Urbanisation
- Terrace
Property details
Specifications
- Property type
- Penthouse
- Subtype
- Penthouse duplex
- Bedrooms
- 4
- Bathrooms
- 4
- Built area
- 169 m²
- Terrace
- 70 m²
- Parking spaces
- 1
- Pool
- Yes
- Gated community
- Yes
- Beachfront
- Yes
- Sea view
- Yes
- Orientation
- South, South West
- Complex
- Cerrado de Elviria
- Area
- Elviria
- City
- Marbella
- Province
- Málaga
- Coast
- Costa del Sol
Location
Elviria, Marbella
Residential complexCerrado de ElviriaMap shows the Cerrado de Elviria complex location. Exact unit address provided upon request. This property is in ElviriaMarbellaCosta del Sol.
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.
