Description

Grupo Ibercosta is proud to present a truly exceptional real estate prospect in the heart of Elviria, one of East Marbella's most prestigious residential enclaves. This expansive estate represents a rare find in today’s market, offering a massive 5,250 m² plot that combines privacy, luxury potential, and breathtaking panoramic views of the Mediterranean Sea and the lush fairways of local golf courses. Whether you are looking to renovate a grand Mediterranean villa or seeking a high-yield development project, this property provides the perfect canvas for your vision.

A Versatile Property with Grand Proportions

The estate currently features a substantial single-storey residence designed for comfortable, open-plan living. The main house spans 460 m² and is characterized by a grand entrance hall that flows seamlessly into an expansive living area. With 6 bedrooms and 5 bathrooms, the layout is ideal for a large family or for conversion into a boutique luxury retreat. Every room is designed to connect with the outdoors, featuring large porches that have been enclosed with glass to enjoy the views year-round. While the building requires renovation to restore it to its former glory, its solid bones and classic layout offer a magnificent foundation for a modern architectural masterpiece.

The exterior of the property is equally impressive. The grounds include a mature garden with a heated swimming pool and a private well equipped with a specialized filtration system and a 12 m³ underground storage tank. The garden is further enhanced by a decorative pond complete with a waterfall, fountain, underwater lighting, and a sophisticated 10-zone irrigation system. Additional structures on the plot include a 170 m² garage, a 20 m² workshop, and a 40 m² independent service house featuring its own kitchen and bathroom, bringing the total built area to 690 m².

Unmatched Development Potential for Investors

For the savvy investor, the true value lies in the land itself. Situated on a mostly flat plot with a gentle south-west slope, the property is strategically banked on two flat platforms. This topography provides direct and unobstructed views toward the sea and ensures maximum sunlight throughout the day. With a total plot size of 5,250 m² and a buildability allowance of 20%, the possibilities for development are extensive.

Under current local regulations, which require a minimum plot size of 1,000 m², this estate offers the unique possibility of being subdivided into three independent luxury chalets. This opportunity allows developers to maximize their return on investment by creating a small, exclusive gated community of three bespoke villas. In a market where demand for high-end, private new builds in Elviria continues to outpace supply, this project represents a significant opportunity for capital appreciation and high-margin resale.

Location Spotlight: The Elegance of Elviria

Location is the cornerstone of any great real estate investment, and Elviria is widely regarded as one of the most desirable areas on the Costa del Sol. Located in the south of Spain, just 15 minutes east of Marbella’s vibrant city center and 25 minutes from Malaga International Airport, Elviria offers a sophisticated lifestyle that balances tranquility with convenience. The property is situated on a quiet, private street, ensuring total serenity while remaining close to every modern amenity.

Residents of Elviria enjoy access to some of the finest white sand beaches in the region, including the world-famous Nikki Beach club and the luxurious five-star Hotel Don Carlos. For families, the area is home to prestigious international educational institutions such as the English International College, the German School, and Ecos School. The local infrastructure is excellent, with the Elviria Commercial Center located just 1 km away, offering a wide array of supermarkets, gourmet restaurants, banks, and boutique shops.

A Golfer’s Paradise and a Strategic Choice

Golf enthusiasts will find themselves at the heart of the "Costa del Golf." The estate is conveniently located near the Santa María and Santa Clara golf clubs, with Marbella Golf Country Club and Río Real Golf just a short drive away. This proximity to world-class sporting facilities adds a layer of prestige and long-term value to the property.

Grupo Ibercosta invites you to explore this unique investment opportunity. Whether you choose to restore the existing grand villa or embark on a multi-villa development project, the combination of location, size, and views makes this estate an incomparable asset in the Marbella real estate market. This is a rare chance to secure a large-scale plot in a prime location—contact us today to arrange a private viewing and discover the full potential of this Elviria gem.