This key-ready penthouse is situated in Las Terrazas de Santa María Golf in Elviria, on the eastern side of Marbella. The property offers 137 m² of living space with two bedrooms, two bathrooms, a 25 m² covered terrace facing south-east and views over the golf course and the Mediterranean. Built in 1970 and maintained in good condition, the apartment forms part of a low-rise complex with tropical gardens and several communal pools. Elviria combines a residential villa setting with everyday amenities, roughly 6 km from Marbella's old town and about 2 km from the nearest beach at El Alicate.
At a fixed €465,000, this penthouse occupies a different segment from the new-build comparables currently marketed along the coast. Aquamar in Torre del Mar starts at €269,950, Lantana Residencial in Mijas at €205,000 and Etherna Homes 2 in Estepona at €321,000, all from-prices for off-plan or newly delivered apartments, generally further from Marbella's central stretch of coast. The comparison illustrates what the Elviria price reflects: position within Marbella East, direct golf-frontage views, a generous 137 m² floor plan plus a 25 m² covered terrace, and an established community with mature tropical gardens and multiple pools. Against new builds, the trade-off runs both ways. A 1970 building will not match current construction regulations, insulation standards or the typical energy performance of 2020s developments, and features such as air conditioning are absent from the specification. In exchange, the buyer acquires plot ratios, greenery and low density that current planning rules in this part of Marbella no longer permit, plus immediate availability, no construction phase, no phased payments and no delivery risk. Within Elviria itself, the resale market is supported by roughly 4,700 annual housing transactions across the wider region, indicating steady liquidity. Buyers weighing value should also compare total cost of entry: the new-build comparables carry VAT at 10 per cent rather than the up-to-7 per cent Property Transfer Tax applicable here, a modest relative advantage for this resale on a like-for-like price, though notarial and registry costs apply in both cases. The deciding factors are therefore practical rather than financial: established surroundings and immediate views versus modern specification and warranty coverage.
Key characteristics of location, homes, project phase and points of attention.
The penthouse stands in Elviria, a low-density residential area east of Marbella centre, about 9 km from the city as the crow flies. Santa María Golf & Country Club lies 1.9 km away, while the beach at El Alicate is 2.0 km in a direct line. The A-7 coastal road connects the area to Marbella, Fuengirola and Málaga airport, roughly 32 km away by air.
The layout serves two occupants or a small household: two bedrooms with built-in wardrobes, two full bathrooms, a living room with fireplace, a fitted kitchen with separate laundry room and a covered 25 m² terrace oriented south-east. Central heating, a lift, a storage room and a garage space are included, along with communal pools and private garden access.
This is an existing home completed in 1970, offered in good, key-ready condition and sold fully furnished. There is no construction phase or delivery schedule; the transaction can proceed directly through standard resale purchase procedures, subject to Property Transfer Tax and notarial registration under Spanish law.
The property does not offer a private pool, private garden ownership in the freehold sense of a villa plot, underfloor heating or air conditioning as listed features; climate control consists of central heating and a fireplace. The building dates from 1970, so construction standards differ from current new-build regulations. Only two bedrooms are available, and the terrace is covered rather than open.
This property fits a buyer seeking an established, move-in-ready home in a green residential area near Marbella, without undertaking a renovation or waiting on a construction schedule. A couple relocating permanently may value the two full bathrooms, central heating and year-round livability of Elviria, along with the short distance to schools and health centres for family planning. A second-home buyer may find the furnished, key-ready condition and communal pools practical for seasonal stays, arriving to a home that works from day one. The golf orientation is relevant for regular players: Santa María Golf & Country Club is under two kilometres away, with Greenlife Golf within a kilometre. Investors considering rental use should note the two-bedroom layout, terrace and location between Marbella and the beaches of Cabopino, though returns depend on market conditions and licensing. The property suits those who accept 1970s construction in exchange for a mature setting, generous plot-to-building ratios within the complex and views that newer dense developments nearby may not offer. It is less suitable for households needing three or more bedrooms, a private pool or modern energy-performance standards, or for buyers who prioritise walk-to-beach living, since the coast is 2 km away by road rather than on foot.
The apartment combines materials typical of well-maintained 1970s-and-later Spanish residential stock with documented updates. Flooring mixes wood and marble, the latter usually reserved in such complexes for entrance and living areas, the former for bedrooms, a combination that signals at least partial refurbishment during the building's life. The kitchen is fully fitted and includes a separate laundry room, a practical arrangement that keeps appliances and drying space out of view. Both bedrooms have built-in wardrobes; both bathrooms are complete. The fireplace in the living room provides supplementary heat alongside the central heating system, giving two independent heat sources, which matters in a building predating current insulation standards. The 25 m² covered terrace extends the living space outward with protection from midday sun and the occasional winter rain, oriented south-east for morning and midday light. The lift, storage room and garage are functional additions that reduce daily friction, particularly for shopping and luggage. Condition is listed as good, and the property is sold fully furnished, allowing inspection of everything included. Buyers should still commission a technical survey as standard practice for a building of this age, verifying installations, the roof given its penthouse position, and community maintenance arrangements for the pools and tropical gardens.
The asking price is fixed at €465,000 for the penthouse as a whole, including furniture, garage and storage room. This is a resale transaction rather than a new-build price list, so there is no range of unit types or phases; the buyer purchases the specific 137 m² apartment with its 25 m² covered terrace. Buyer-side costs are additional: Property Transfer Tax at up to 7 per cent, notarial fees indicatively between €500 and €2,000, land registry fees between €250 and €1,500 and optional administrative agency costs of €300 to €500. The seller pays municipal capital gains tax and estate agent fees. All figures are indicative.
Daily life in this penthouse centres on a quiet, established residential rhythm. The complex sits among villas and pine and cork oak vegetation, which keeps the surroundings green and relatively low in density despite Elviria's popularity. Mornings can begin on the south-east facing terrace, which catches early sun and shelters under its roof through midday, with views stretching over the Santa María golf course towards the sea. Inside, the 137 m² floor plan separates sleeping quarters from a generous living room with a working fireplace, useful in the cooler months of December and January, while central heating covers the whole apartment. The fitted kitchen with its own laundry room allows ordinary domestic routines without compromise. The communal gardens and several pools provide the outdoor life a private plot would otherwise offer, without the maintenance obligations of one. Within two kilometres there are roughly thirty restaurants, nine cafés, four pharmacies, three schools and a bank, so grocery runs and errands are short trips rather than expeditions. The area stays active year-round rather than emptying outside the summer, a characteristic of Elviria's permanent residential population. A car remains the practical choice: public transport exists, three bus lines and 39 stops in the area, but services are oriented towards local circulation rather than comprehensive commuting. Evenings tend towards quiet, with the soundscape shaped by gardens and the nearby course rather than nightlife.
Elviria functions as the commercial centre of Marbella East, which shapes daily convenience: supermarkets, restaurants, bars, banks and pharmacies sit within a short drive or, for parts of the area, walking distance. The data for the immediate two-kilometre radius records 29 restaurants, 9 cafés, 4 pharmacies, 3 schools and a bank, indicating an established service network rather than a seasonal one. The landscape is characterised by native pine trees and cork oaks, with villas and low-rise apartment complexes interspersed, keeping density visually low. Marbella's old town lies roughly 9 km away in a straight line, reachable via the coastal road for cultural outings, shopping and dining beyond the local offer. Healthcare access includes five health centres in the wider area, and education provision counts 41 primary and 28 secondary schools regionally, plus the English International College just 0.8 km from the property, a point of practical relevance for internationally oriented families. The nearest beach, El Alicate, sits 2.0 km away as the crow flies with a flat 1.5 per cent gradient, so cycling is realistic; the road distance will be somewhat longer. A car remains the standard mode of transport here, although 39 public transport stops across three lines provide basic connectivity.
The map shows the penthouse's position within Elviria, west of the Santa María golf course and inland from the beaches of El Alicate and Artola. Markers include Marbella centre to the west, Puerto Cabopino to the east and the coastal corridor towards Fuengirola and Málaga airport.
Approximate area · exact address shared on request
Elviria occupies the central position within Marbella East, roughly midway between Marbella's old town to the west and the quieter beaches of Cabopino and Calahonda to the east. Within the Costa del Sol as a whole it sits in the established mid-section: closer to Marbella than Estepona, less dense than Fuengirola or Benalmádena, and with a housing stock dominated by villas and low-rise apartments rather than tower blocks. Regional transaction volume of about 4,700 sales per year indicates a liquid resale market around it. The position balances access to Marbella's amenity base with a residential character that several coastal towns further east have lost to densification.
By air, Málaga-Costa del Sol airport lies approximately 32 km away in a straight line, the primary gateway for international arrivals and departures; Gibraltar airport is an alternative at roughly 64 km. Road access runs along the A-7 and AP-7 corridors, connecting Elviria westwards to Marbella (about 9 km direct), Fuengirola and the airport, and eastwards to Estepona and Algeciras, the latter some 72 km distant. Within the immediate area, distances are short: the English International College at 0.8 km, Greenlife Golf at 0.9 km, Don Carlos Tennis Club at 1.8 km, Santa María Golf & Country Club at 1.9 km and the beaches of El Alicate and Playa de Artola both at 2.0 km straight-line. The marina of Puerto Cabopino, with its beach and restaurants, is 4.7 km away. All distances given are direct; actual road travel will be longer. Public transport covers three lines with 39 stops locally, adequate for incidental trips but not for car-free living.
| Beach Distance | 2 km |
| Malaga-Costa del Sol (AGP) | 32 km |
| Gibraltar (GIB) | 64 km |
Source: OpenStreetMap, Google Maps
The climate data supports year-round residential use: an average annual temperature of 19.1 °C and a swimming season of five months during which sea temperature holds at or above 20 °C, roughly May through October. Elevation is 30 metres above sea level with a 1.5 per cent gradient towards the coast, effectively flat, which distinguishes Elviria from hillside areas further inland where steep lanes and stairs complicate daily movement. The vegetation cover of pines and cork oaks moderates the microclimate and gives the district its green character outside the irrigated gardens of the complexes. For the penthouse specifically, the south-east orientation means morning and midday sun on the terrace, with shade arriving in the late afternoon, a pattern that suits breakfast outdoors and avoids the most intense evening heat in summer. Central heating and the fireplace cover the mild but real winter months. Rainfall concentrates in autumn and winter, and the covered terrace remains usable in that season.
Source: Open-Meteo (2020–2025 average)
Beach access is anchored by El Alicate and Playa de Artola, both 2.0 km away in a direct line, followed by Playa de Cabopino at 4.5 km, the latter adjacent to the dunes of Artola and the marina of Puerto Cabopino at 4.7 km, where restaurants and moorings sit behind the beach. Golf dominates the recreational offer: Greenlife Golf Marbella at 0.9 km, its driving range at 1.1 km and Santa María Golf & Country Club at 1.9 km place three facilities within a five-minute drive, directly relevant given the penthouse's views over the course. Tennis is served by Don Carlos Tennis Club at 1.8 km. Swimming beyond the sea is available at the communal pools of the complex itself, with two additional pool facilities recorded at 2.5 km. The tourism infrastructure of the wider area, 52 hotels and nearly 13,000 beds, underpins a restaurant and leisure economy that remains active across seasons, supporting nightlife-free evenings out without long drives.
Source: OpenStreetMap
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 | 12.8°C | 62 mm |
| February | 13.7°C | 38 mm |
| March | 14.8°C | 129 mm |
| April | 16.6°C | 57 mm |
| May | 19.8°C | 22 mm |
| June | 23.5°C | 6 mm |
| July | 26.3°C | 0 mm |
| August | 26.8°C | 7 mm |
| September | 23.8°C | 24 mm |
| October | 20.5°C | 70 mm |
| November | 16.2°C | 75 mm |
| December | 14.0°C | 66 mm |
Flat
Ref: VL660267
Source: Wikipedia, Wikidata, INE, Junta de Andalucía
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