This south-facing corner duplex penthouse in Elviria Hills spans 142 m2 across two floors, with a wraparound terrace offering panoramic views across the Mediterranean and the adjacent Greenlife Golf Club. Built in 1998, the property holds a corner position within the Elviria Hills urbanisation and is arranged as three bedrooms, three bathrooms, and two en-suite bathrooms. The open-plan living and dining area on the main level connects directly to the terrace, and the upper floor is given entirely to the master suite, which has its own terrace section with coastal views. Underground parking and a storage room are included in the sale.Elviria Hills sits within the Elviria area of Marbella East, directly overlooking Greenlife Golf Club, a 9-hole par-3 course with a driving range, tennis courts and a clubhouse. The commercial centre of Elviria, on the N-340 coastal road, is within a few minutes' drive and includes supermarkets, restaurants and cafés. Several of Marbella's sandy beaches are close by, as are international schools that serve this part of the Costa del Sol. Málaga airport is approximately 20 minutes away by car.The Elviria Hills urbanisation includes communal pools and maintained gardens. Community fees are currently nil. IBI figures are available on request. The property's energy certificate is exempt from rating. This location attracts both long-term residents and holiday-rental operators, given the proximity to golf, beach and the A-7 motorway.
Property Details
Property Type
Penthouse
Bedrooms
3
Bathrooms
3
Built Area
142 m²
Floor
0
Year Built
Built 1998 (28 years)
Energy Certificate
Rating Exempt
Reference
OH02395
Features & Amenities
Climate & Comfort
Air conditioning
Outdoor & Pool
Panoramic sea views
Wraparound terrace
Communal pool
Communal gardens
Storage & Parking
Underground parking
Storage room
Built-in wardrobes
Interior
Duplex layout across 2 floors
2 en-suite bathrooms
Other Features
South-facing orientation
Corner position
Golf course views
Distances & Nearby
✈️
airport
20 min (Málaga AGP)
Location
Elviria, Marbella · 36.5069, -4.7785
Energy Performance Certificate
Every property for sale in Spain requires an official Certificado de Eficiencia Energética. The rating reflects estimated energy consumption per m² per year.
A
< 29kWh/m²
B
29 – 49kWh/m²
C
50 – 79kWh/m²
D
80 – 119kWh/m²
E
120 – 179kWh/m²
F
180 – 239kWh/m²
G
> 240kWh/m²
Energy ratings are based on the official Spanish energy certificate. Actual costs depend on usage, occupancy and energy provider. Properties rated D or below may benefit significantly from insulation and system upgrades.
Estimated Buying Costs
Approximate costs for a resale property in Valencian Community.
Transfer Tax (ITP 10%)
€139,900
Notary Fees
~€1,200
Land Registry
~€850
Legal Fees (1% + VAT)
~€16,928
Est. Total Purchase Costs
~€158,878 (11.4%)
Investment Snapshot
How this property compares to the local Marbella market.
Price per m²
€9,852
this property
Marbella Average
~€1,650
per m² (resale)
Difference
+497%
above average
Above area average — reflects premium features or location
Market data is indicative. Actual values depend on exact location, condition and specification. Consult our team for a detailed market appraisal.
About Elviria, Marbella
Elviria is one of the most popular destinations on Spain's Costa Blanca.
What purchase taxes and costs should I budget for?
As a resale in Andalucía, this purchase carries ITP transfer tax at 7% of the purchase price. Notary fees typically run EUR 600–1,200 and land registry fees EUR 400–800. Allow a further 1% of the purchase price plus VAT for legal representation. Reduced rates and local allowances may apply if you meet this region's conditions (for example age, large-family or disability status, or buying a primary residence) — worth checking before you budget.
Can I get a mortgage as a non-resident buyer?
Non-resident buyers can typically borrow up to 60–70% of the purchase price, meaning a deposit of 30–40% is usually required. Current variable and fixed rates on Spanish mortgages range from approximately 3.5% to 4.5% annually, though the rate offered will depend on your financial profile and chosen lender. We can refer you to independent mortgage brokers with experience in cross-border financing.
What are the ongoing running costs?
Community fees for this property are currently nil. Annual IBI (council tax) and basura (waste collection) figures are available on request from the agent. As a duplex penthouse built in 1998, you should also budget for routine maintenance of the air conditioning system and any terrace upkeep.
Can I view the property remotely before travelling?
Yes. We offer video viewings by appointment, which allow you to take a live guided tour of the property and ask questions in real time. A full set of 50 photographs is also available. Contact the office to arrange a virtual or in-person visit at a time that suits you.
Is this property suitable as a holiday rental investment?
Elviria is an established holiday destination with year-round demand driven by golf, beach and its proximity to Marbella town. Corner penthouses with sea views and wraparound terraces in this area typically attract strong short-term rental interest, particularly in the spring and summer months. A local property manager or licenced rental agent can advise on Andalucía's tourist rental registration requirements and realistic occupancy rates for this type of property.
What does the purchase process involve?
You will first need a Spanish tax identification number (NIE), which can be obtained via a Spanish consulate in your country or in person in Spain. Once you have agreed a price, a reservation contract is signed and a holding deposit paid to take the property off the market. This is followed by a private purchase contract (arras), at which point typically 10% of the price is paid. Completion takes place before a notary, at which point the remaining balance and all taxes and fees are settled and title transfers to you.