For sale · Costa del Sol · Marbella
Available€2,700,000
5 beds · 6 baths · 343 m² built · 5307 m² plot
Ref HT5516962Updated daily · Last sync 16 October 2026



About this property
Five-bedroom villa in Elviria, Costa del Sol, set on a substantial 5,307sqm plot with views across the golf course to the Mediterranean. The existing 343sqm villa requires complete renovation, presenting an opportunity to create a bespoke residence on one of the area's largest private parcels, or to subdivide the wide-frontage plot for three to four individual villas.
The current structure provides 343sqm of built space with six bathrooms and 200sqm of terrace, sold fully furnished. The plot's generous dimensions and wide street frontage allow for flexible development options, whilst the elevated position delivers uninterrupted golf and sea views. One parking space is included. The land is completely private, surrounded by mature vegetation that screens neighbouring properties whilst preserving the panoramic outlook across Elviria's golf fairways.
The plot sits within Elviria's established residential zone, surrounded by restaurants, golf courses and family amenities. Nikki Beach Marbella lies five minutes away by car, with Elviria's commercial centre and its selection of international schools, supermarkets and medical facilities equally close. The A7 coastal motorway provides direct access to Marbella's old town in twelve minutes and Málaga airport in thirty-five minutes.
Features
Property details
Location
Map shows the approximate Elviria, Marbella area. Exact 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.
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Market context
Live €/m² comparisons from current inventory of similar villas in the same city.
This Villa
€7,872 / m²
€7,872 × 343 m² = €2,700,000 asking
Comparable averages
Marbella villas
510 active listings
Similar properties
Market average €7,699/sqm across 510 active marbella villas.