Elviria, Marbella East · W-03053B

Unique investment opportunity with 5250m2 plot in prestigious area of Elviria

€3,300,000 Request more information
Amenities and special features of this property

The house is located on a large 5,250 m² mostly flat plot in the exclusive and highly sought-after area of Elviria, offering direct and open sea views. This presents a great investment opportunity, as the plot offers the potential to build three to four independent villas. Currently, the property itself occupies the total of 690 m².
The permitted buildability in this area is 20%, with a minimum plot size of 1000 m² per villa. The actual house enjoys lovely sea views from the first-floor terrace, while a new construction could offer panoramic views from a rooftop.
Inside, the single-storey villa features six bedrooms and five bathrooms and gym – the property is out dated and requires renovations. What makes the plot extremely attractive – is the possibility to segregate 5250m plot into four and build 4 independent villas. Three of the villas would guarantee direct views towards the sea – adding to the appeal of this exclusive investment in prestigious location. Conveniently located just 1 km from the commercial centre of Elviria, residents have easy access to numerous amenities and only a short 15-minute drive to Marbella centre.
This property perfectly combines privacy, prime location, excellent development potential, and stunning views — making it a superb opportunity for both residential living and investment.

Listing Details

  • Air conditioning
  • Alarm
  • Amenities near
  • Close to shops
  • Dining room
  • Fully fitted kitchen
  • Gym
  • Handicap Accessible
  • Laundry room
  • Living room
  • Renovation Needed
  • Sea view
  • Storage room

Sale price does not include costs or taxes. Additional costs for the buyer: inscription and notary fees, ITP 7% or, alternatively 10% VAT and AJD 1.2% on the purchase price) on new properties and subject to some requisites to be met. This info is subject to errors, omissions, modifications, prior sale or withdrawal from the market. Information sheet available, Decree 218/2005 Oct. 11th.

  • Unique investment opportunity with 5250m2 plot in prestigious area of Elviria
  • Unique investment opportunity with 5250m2 plot in prestigious area of Elviria
  • Unique investment opportunity with 5250m2 plot in prestigious area of Elviria
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Get in touch for more details about this property
  • Beds 6
  • Baths 5
  • Built 690 m²
  • Plot 5,250 m²
Responsible Shop Engel & Völkers Elviria Get directions +34 952 83 55 80
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Read more about the area

Elviria

Elviria is famous for its high-end properties, striking natural scenery, and beautiful beaches. The area boasts a range of luxury accommodation options, including villas, townhouses, and apartments, many of which offer stunning views of the Mediterranean Sea.
With its prime location, Elviria is a great choice for those looking for a second home or a place to relocate. It is conveniently situated near restaurants, bars, shops, essential facilities, splendid beaches and leisure activities, such as golf. This makes it an ideal Spanish resort destination with all the necessary components.

Elviria Marbella

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