Residential Plot For Sale In Elviria
€600,000
Andalusia, Spain
1
bedroom
1
bathroom
Land
property type
1 week ago
listed
About this place
Discover a fantastic investment opportunity in the highly desirable area of Elviria, Marbella. This residential plot offers 923 m² of land, perfectly suited for building a luxury villa in one of the most prestigious and well-connected neighborhoods on the Costa del Sol. The plot includes the possibility to construct a 4-floor villa, with each level offering 186 m², allowing for a spacious and modern property with exceptional design potential. A basic project is already available, streamlining the planning process and making it easier to begin construction. With ample space to incorporate a private swimming pool, landscaped gardens, terraces, and entertainment areas, this plot provides the perfect foundation for creating a bespoke home tailored to your needs. Elviria is known for its beautiful natural surroundings, golden beaches, top international schools, golf courses, and a wide range of amenities—all just minutes away. An ideal opportunity for investors, developers, or anyone looking to build a dream villa in Marbella.
Buying property in Spain
Spain welcomes foreign buyers with no nationality restrictions. The buyer needs an NIE (Número de Identidad de Extranjero) before completion, and most buyers open a Spanish bank account to handle the deposit and ongoing charges. An independent lawyer (abogado) is strongly recommended — the notario only checks the deed, not the wider title.
Spain ended its Golden Visa property route in April 2025.
Non-resident mortgages are widely available, typically 60–70% LTV.
Non-resident sellers face a 3% withholding from the sale price (retención), claimable against capital gains tax.
Always check community-of-owners (comunidad) debts and outstanding IBI before completion — they transfer with the property.
General guidance only — confirm specifics with a qualified local lawyer or tax adviser. Reference
