
704 m² built 5 beds 3 baths
Cumbres de Elviria, Marbella, Malaga province
3.750.000 € Updated 2 days ago
459 m² built, 4 bedrooms, 3 bathrooms, 4.012 m² plot, pool (private), garden (private), garage (private)
Nestled in the peaceful hills of Elviria, East Marbella, this impressive villa perfectly blends traditional Andalusian charm with outstanding potential for both lifestyle and investment. Surrounded by lush greenery, a beautifully mature garden and magnificent sea views, the property enjoys a privileged position just a short walk from local amenities, restaurants and shops, while offering complete privacy and a serene setting.
Originally built in 1986 on a generous plot, the villa is distributed over three levels designed for comfort, family living and entertaining. The main floor features a spacious split-level living and dining area with a fireplace, seamlessly connected to a large covered and glazed terrace overlooking the landscaped garden, private pool and the Mediterranean Sea. This level also includes three bedrooms, two bathrooms, a cosy TV room and a bright kitchen with an informal dining area. The upper floor is dedicated to the master suite, boasting a luxurious bathroom, walk-in wardrobe and private terrace with spectacular panoramic sea and garden views. The lower level offers practical leisure spaces, including a double garage, wine cellar and entertainment area, complemented by solar panels for greater energy efficiency.
Beyond its charm as a family home, the property offers remarkable investment potential. It was originally conceived as a project for two villas, and with one already built, there remains the opportunity to construct a second villa under an existing project and building licence. The generous plot is subdivided into three independent plots, each suitable for a villa, with a total buildability of 20% above ground (approx. 713 m² plus basement) under the UE-4 zoning. With access from two different streets, mature gardens, sea views and flexible development options, this villa represents a unique opportunity to create a profitable project or an exceptional family estate in one of Marbella’s most desirable residential areas.
The sale price does not include expenses and taxes. Additional costs for the buyer: registration and notary fees, ITP (Transfer Tax) or in its absence VAT, and AJD (Stamp Duty) on new properties and subject to some requirements to be met. These costs and taxes are different depending on the province / autonomous community where the property is located and even on certain specific aspects of the buyer. All details and information sheet are available upon request from Drumelia Real Estate. This information is subject to errors, omissions, modifications, prior sale or withdrawal from the market.
Drumelia Real Estate Real Estate agents in Marbella
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