Large Residential Plot with Project for 7 Villas in Elviria
€1,995,000
- 1
- Bedroom
- 1
- Bathroom
- Land
- Type
- 31 Aug 2026
- Listed
The Habio take
This expansive residential plot in Elviria offers a rare opportunity to develop seven villas, making it ideal for investment. Nestled in a tranquil area, it's just a short drive from the vibrant centre of Marbella.
- investment
- quiet
- new build
Highlights
- Large plot with project for 7 villas
- Quiet location with green surroundings
- Close to Elviria and Marbella
- High demand area for property investment
- High buildability potential
Good fit for: Ideal for developers or investors seeking a prime location.
Lifestyle scores
- Beach
- 80
- Walkable
- 60
- Remote work
- 60
- Family
- 70
- Retirement
- 75
- Airport access
- 70
- Investment
- 85
- Luxury
- 80
- Value
- 75
About this place
Presenting a unique opportunity to acquire a substantial plot of land in the prestigious area of Elviria. This property comes with an approved project for the construction of seven villas, making it perfect for developers looking to capitalise on the high demand in the region.
Situated in a quiet street surrounded by green areas, yet only five minutes from the lively Elviria area and fifteen minutes from Marbella's city centre, the plot combines peace with accessibility. With a maximum buildability of 30% and maximum occupancy of 25%, this plot offers the potential for spacious and luxurious homes in an attractive location.
Where you’ll be
Elviria, Andalusia, Spain
Exact location is confirmed by the agent on enquiry.
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
