This penthouse duplex apartment in Elviria, Málaga, presents an opportunity for those seeking a property with potential in an established urban setting. Located in a residential area with amenities within walking distance, it combines the tranquility of a residential environment with urban conveniences. The apartment, situated on the third floor without an elevator, requires full renovation. However, its location offers a solid foundation for value appreciation and the creation of a modern living space near the Costa del Sol. It is a project for the buyer willing to invest in the future.
Key characteristics of location, homes, project phase and points of attention.
Situated in Elviria, a district of Marbella, this penthouse is located in an urban area known for its greenery and amenities within walking distance. Its proximity to the coast and golf courses, combined with the tranquility of the urbanization, offers an attractive living environment on the Costa del Sol.
This apartment is suitable for buyers who aspire to undertake a renovation project and wish to create a home to their own taste. The layout of three bedrooms and two bathrooms offers potential for families or as a spacious residence. Its location within walking distance of facilities appeals to residents pursuing an active lifestyle.
This is an existing apartment, classified as 'resale'. The property currently requires a full renovation. No information is available regarding future new construction plans for this specific unit. Purchase implies the buyer will undertake the renovation themselves.
This apartment is located on the third floor and does not have an elevator, which may be a limitation for some. Parking is street-based only. The apartment requires thorough renovation to meet modern living standards. Communal areas, such as the garden, are shared with other residents.
This property is particularly interesting for buyers who see a renovation project as an opportunity to create a home entirely to their own specifications. It is suitable for investors who want to capitalize on the potential of the Elviria location, with the intention of refurbishing the property and possibly renting it out or selling it later for a profit. It also offers a starting point for those seeking a project on the Costa del Sol and who are not deterred by a renovation. The proximity to schools and amenities makes it a potential option for families willing to invest in a permanent residence, provided the renovation complies with local building regulations. The fact that the apartment is on the third floor without a lift may be a consideration for older buyers or those with mobility issues, unless a thorough renovation can also address this.
The apartment currently falls under the 'Resale' category and requires a full renovation, implying that the current finishes do not meet modern standards. Details regarding specific materials or techniques of the original construction are not provided. It is noted, however, that the apartment is offered partially furnished and includes a fully fitted kitchen, which can serve as a basis for the renovation. The presence of a fireplace suggests a possible feature that could be retained or updated. The orientation (southeast) suggests good natural light, which, combined with appropriate finishes, can create a pleasant living space. The final quality will depend on the choice of new materials and the execution of the renovation works.
This penthouse duplex apartment is for sale starting from €425,000. As a resale property, its pricing is based on its current condition and location. The market in Elviria, with 4,743 property transactions in the broader region, indicates an active market. The price reflects its location near amenities and its potential after renovation. No specific details are available regarding price variations per unit, as it concerns a single property. The current condition necessitates additional investment for renovation, which should be factored into the total cost calculation.
Elviria, located on the eastern side of Marbella, is characterized by a green, residential environment with a mix of villas and low-rise apartment complexes. It is an established urbanization that caters to daily needs with shops, restaurants, and schools within easy reach. The density of amenities, such as 27 restaurants and 9 cafes within a 2 km radius, highlights its urban character. The area is covered with native pine trees and cork oaks, contributing to a pleasant, natural atmosphere. Its elevation of 41 meters above sea level offers a slight rise compared to the coastline, which can contribute to a pleasant climate and potential views. The presence of 39 public transport stops in the immediate vicinity indicates reasonable accessibility via public transport.
Elviria, situated on the eastern side of Marbella, offers a living environment that combines urban conveniences with a natural setting. The urban area is equipped with essential facilities, with a supermarket 511 meters away and a pharmacy 445 meters away, significantly simplifying daily errands. The presence of 27 restaurants and 9 cafes within a 2 km radius ensures a vibrant culinary scene. The area is green, with abundant native vegetation such as pine trees and cork oaks, contributing to a peaceful atmosphere despite its urban characteristics. The elevation of 41 meters above sea level provides a slight rise and may contribute to the pleasant climate. With 39 public transport stops nearby, there is a basis for mobility without a car, although the proximity to the airport (32 km) and golf courses might favor car ownership for specific activities.
This penthouse is located in Elviria, a green and lively part of Marbella East. The map highlights the proximity to various amenities, including golf courses, beaches, and commercial centers, underscoring the urban yet natural setting of the property.
Elviria is situated on the eastern edge of Marbella, one of the most renowned cities on the Costa del Sol. The location offers a balance between the vibrancy of Marbella and the tranquility of a more residential district. It is approximately 6 km from the old town of Marbella. The distance to Málaga, with its international airport, is about 45 km (27 miles) according to the environmental intelligence, although the air distance to the airport is 32 km. Elviria serves as the center of Marbella East and provides its own range of shopping and dining facilities, making it less dependent on Marbella's center for daily needs. The region as a whole is known for its Mediterranean climate, beaches, and golf courses.
Accessibility for this penthouse in Elviria is strongly oriented towards urban amenities. A supermarket is located 511 meters away, a pharmacy 445 meters away, and a hospital 3.6 km away. Beaches such as Playa de Artola are 1.9 km away (as the crow flies). Golf is prominent, with Greenlife Golf Marbella only 805 meters away. Málaga Airport is approximately 32 km away as the crow flies, which is a reasonable distance for international travelers. There are 3 public transport lines with 39 stops in the vicinity, offering basic connectivity. The proximity of shops and restaurants within walking or cycling distance contributes to the convenience of daily life, although a car might be considered practical for further travel and exploring the wider Costa del Sol.
| Beach Distance | 1.8 km |
| Malaga-Costa del Sol (AGP) | 32 km |
| Gibraltar (GIB) | 64 km |
Source: OpenStreetMap, Google Maps
Elviria enjoys a Mediterranean climate with average temperatures ranging from 12°C to 26°C, and an average annual temperature of 18.3°C. The annual sunshine hours historically amount to 3,855, indicating a sunny destination. The swimming season, defined by water temperatures of 20°C or higher, lasts approximately 4 months. The location at 41 meters above sea level and the gentle slope of 1.3% towards the beach (Playa de Artola at 1.8 km) suggest a pleasant position without extreme altitude variations. The area is characterized by native pine trees and cork oaks, enhancing its natural appeal.
Source: Open-Meteo (2020–2025 average)
Elviria's coastline offers various beach options. Playa de Artola, the closest beach, is 1.8 km away as the crow flies. Other nearby beaches include El Alicate (2.1 km) and Playa de Cabopino (4.4 km). This coastal area is known for its good facilities and natural beauty. For golf enthusiasts, several courses are in the immediate vicinity, including Greenlife Golf Marbella at just 805 meters, the Greenlife Golf Driving Range at 1.1 km, and Santa María Golf & Country Club at 1.8 km. Sports facilities such as the Don Carlos Tennis Club are located 1.7 km away. This concentration of recreational options, from beaches to golf and tennis, positions Elviria as an attractive location for an active lifestyle.
Source: OpenStreetMap
Elviria is situated on the eastern edge of Marbella, one of the most renowned cities on the Costa del Sol. The location offers a balance between the vibrancy of Marbella and the tranquility of a more residential district. It is approximately 6 km from the old town of Marbella. The distance to Málaga, with its international airport, is about 45 km (27 miles) according to the environmental intelligence, although the air distance to the airport is 32 km. Elviria serves as the center of Marbella East and provides its own range of shopping and dining facilities, making it less dependent on Marbella's center for daily needs. The region as a whole is known for its Mediterranean climate, beaches, and golf courses.
Elviria is an ruralisation on the Costa del Sol, 6 km (4 mi) from the old town of Marbella, Andalucia. The nearest airport is located in Málaga at a 45 km (27 mi) distance and the nearest train station in Fuengirola. Elviria is a lively low density residential areas with amenities. As the center of Marbella East it has shopping facilities, restaurants and bars. The area is covered with vegetation, mostly native pine trees and cork oaks. Elviria is a villa area with some low rise luxury apartment complexes between the villas.
| Month | Avg. Temperature | Rainfall |
|---|---|---|
| January | 11.7°C | 68 mm |
| February | 11.9°C | 69 mm |
| March | 13.9°C | 60 mm |
| April | 15.7°C | 38 mm |
| May | 17.6°C | 29 mm |
| June | 21.7°C | 7 mm |
| July | 25.6°C | 0 mm |
| August | 26.1°C | 1 mm |
| September | 22.5°C | 14 mm |
| October | 18.7°C | 59 mm |
| November | 14.9°C | 86 mm |
| December | 12.3°C | 76 mm |
Flat
Ref: VL189015
Source: Wikipedia, Wikidata, INE, Junta de Andalucía
Compared to other projects in the region, such as Acqua Gardens in Estepona (from €418,800) and Aby Upper in Estepona (from €320,000), this penthouse in Elviria positions itself in a comparable price range to the lower segments in Estepona, but with a different locational context. Estepona is known for its recently renovated promenade and charming old town, while Elviria is part of the larger Marbella, an area with a more established reputation for luxury and amenities. Alba Benalmadena, priced from €699,000, represents a higher segment, possibly with newer construction, better finishes, or direct sea views. The price of €425,000 for this property in Elviria must be considered in light of the required renovation. Potential buyers should factor in renovation costs, which may increase the total investment. However, the location in Elviria offers advantages such as proximity to golf courses and a more residential, green environment compared to some parts of Estepona or Benalmadena.
Maiko is a real estate expert specializing in the Spanish property market. With in-depth knowledge of the Costa del Sol, Costa Blanca, and other popular coastal regions, he helps buyers find the right property. He analyzes offerings based on location, market value, build quality, and liveability, providing honest, data-driven advice throughout the entire purchase process.
Interested?
Leave your details and we will contact you shortly with more information about this project.
Ask a question to start
NL
EN
DE
FR
ES
IT
PT
DA
SV
NO
FI
PL
ZH
RU
AR
TR
CS
RO
HU
LT
ET
BG
HR
SK
HE
JA
KO
HI
UK
SR
EL
SL
LV
ID
