Fantastic reform opportunity! Southwest-facing three-bedroom apartment located in the gated community of Parque Elviria, Marbella

3 Bedrooms

2 Bathrooms

106 m² Built

90 m² Interior

16 m² Terrace

All property in Marbella 383 listings

€3,971 below the €5,584 median €7,960

Apartments of 80 to 160 m² in Marbella 533 listings

€4,426 below the €6,250 median €9,375

Asking prices across the agency networks we track, as at 30 July 2026. Bars span the middle half of each peer group; the line marks the median. The first bar covers apartments and houses together, so a house will often sit high on it.

IBI €532 this property, a year · most comparable homes pay €600 to €1,873

Community fees €1,272 this property, a year · most comparable homes pay €1,200 to €4,560

These are the averages across ALL apartments in Marbella that disclose a figure, not this property alone. Where a bill for this one is on file it is shown against that range so you can see where it sits. Bills follow the rateable value and the community budget, so two neighbours can differ; we will get you the actual figures before you commit.

All homes €3,425/m² €2,632 to €4,630 · 605 deeds

Houses €4,785/m² €3,493 to €6,244 · 53 deeds

Apartments €3,401/m² €2,529 to €4,608 · 509 deeds

Registered sale prices across Marbella, October 2025 to April 2026. Real money paid and recorded, not asking prices. The deed count is a measure of our coverage of the register, not of how many homes sold, and deeds register some months after the sale, so this is one pooled figure for the whole window rather than a monthly line.

Appraised value per m², Marbella Valuation basis, Ministerio de Transportes

€4,333/m²2026 Q1

2005 Q1 €1,898 – €4,333 2026 Q1

Homes sold per quarter, Marbella Ministerio de Transportes

842 homes2026 Q1

2004 Q1 395 – 1,745 2026 Q1

Asking, this property €3,679/m² what the seller asks

Achieved, Marbella €4,639/m² 3,188 deeds this year · Notariado

Valued, latest quarter €4,333/m² 2026 Q1 · Ministerio

Three different measures, shown separately because they are not comparable: what sellers ask, what deeds record, and what valuers assess. The last two cover a whole postcode and a whole municipality at every price level, so a prime property will always sit well above them.

About this property

Fantastic reform opportunity! This southwest-facing three-bedroom apartment is located in the gated community of Parque Elviria in Marbella, offering residents access to a beautiful communal swimming pool and an unbeatable location just a short walk from the beach and a wide range of local amenities. The property is distributed over one level and features a bright living and dining area with patio doors leading to a private terrace overlooking the pool, part of which has been enclosed to create an additional room that could be used as a fourth bedroom, home office, or study. The apartment also comprises a fully fitted kitchen with a separate laundry area, three spacious bedrooms, and two bathrooms. Requiring renovation throughout, this property presents an exceptional opportunity to create a bespoke home or investment property in the heart of Elviria, one of the Costa del Sol’s most sought-after locations, renowned for its vibrant atmosphere, excellent restaurants, boutique shops, renowned beach clubs, international schools, and superb lifestyle. Additional features include a fireplace, a utility area, storage room and communal parking.