Accessible properties

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

Name: Unique investment opportunity with 5250m2 plot in prestigious area of Elviria
SKU: W-03053B
Price: 3000000 EUR
Availability: InStock

Elviria, Marbella, Malaga province

3.000.000 €

690 m² built, 6 bedrooms, 5 bathrooms, 5.250 m² plot, pool (with pool), garden (with garden), garage (with garage)

Buy house with 6 bedrooms in Elviria

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.

W-03053B
House
Accessible properties
6 Bedrooms
5 Bathrooms
690 m² Built
5.250 m² Plot
Pool (With pool)
Garden (With garden)
Garage (With garage)

Air conditioning
Alarm
Amenities near
Close to shops
Dining room
Fully fitted kitchen
Gym
Laundry room
Living room
Renovation Needed
Sea view
Storage room
Wheelchair-accessible

Price, costs & taxes

Asking price 3.000.000 €
Built m² 690 m²
Price per m² Built 4.348 €

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 Engel Völkers Marbella. This information is subject to errors, omissions, modifications, prior sale or withdrawal from the market.

About the building

Floors 1
Levels 1
Property type House
EPC In Progress

Listing agent

Engel Völkers Marbella Real Estate agents in Marbella

Location

Elviria
Marbella
Malaga province

Disclaimer This is a property advertisement (REF W-03053B) provided and maintained by Engel Völkers Marbella, La Poveda, Local 5 - Blv. Príncipe Alfonso de Hohenlohe, CN 340 Km 178.229600 MarbellaMálaga, and does not constitute property particulars. Whilst we require advertisers to act with best practice and provide accurate information, we can only publish advertisements in good faith and have not verified any claims or statements or inspected any of the properties. MalagasMLS.com does not own or control and is not responsible for the properties,website content, products or services provided or promoted by third parties and makes no warranties or representations as to the accuracy, completeness, legality, performance or suitability of any of the foregoing. We therefore accept no liability arising from any reliance made by any reader or person to whom this information is made available to.