For sale · Costa del Sol · Marbella
Available€360,000
1 bed · 1 bath · 43 m² built
Ref HT5491492Updated daily · Last sync 22 October 2026



About this property
One-bedroom apartment with sea views in Elviria, Costa del Sol. This 43sqm studio sits just metres from the beach and holds an active tourist licence with an established rental history, making it both a holiday retreat and an income-generating asset from completion.
Inside, the space has been recently renovated to a high standard with a fully fitted kitchen including a breakfast bar, a spacious bathroom, and an open-plan living area that extends onto a 15sqm terrace. The layout maximises every square metre without feeling cramped, and the apartment comes with optional furniture if you want to start letting immediately. A dedicated parking space is included, and residents have access to a communal swimming pool surrounded by mature gardens.
Romana Playa sits in one of Elviria's most established beachside communities, where the sandy shoreline is a short walk from the front gate. The complex is 10 minutes by car from Marbella's old town and within easy reach of several golf courses, including Santa María Golf Club less than two kilometres away. Local supermarkets, beach clubs, and the Elviria commercial centre are all within a five-minute drive, and Málaga airport is 40 minutes along the A-7 coastal motorway.
Features
Property details
Location
Map shows the Romana Playa 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
€8,372 / m²
€8,372 × 43 m² = €360,000 asking
Comparable averages
Marbella apartments
929 active listings
Similar properties
Market average €6,544/sqm across 929 active marbella apartments.