Parque Elviria, Marbella

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

Apartment·5903MLA
€390,000 €3,679 / m²
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 €4,660/m² 3,135 registered deeds in the window
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.


Specification

Reference
5903MLA
Type
Apartment
Location
Parque Elviria, Marbella
Beds
3
Baths
2
Build m²
106
Interior m²
90
Terrace m²
16
Pool
Communal
Garden
Communal
Garage
Communal
Community
€106
IBI
€532
Orientation
SO
C. Year
1986

Features & amenities

  • Amenities near
  • Close to children playground
  • Close to golf
  • Close to schools
  • Close to sea / beach
  • Close to shops
  • Close to town
  • Garden view
  • Gated community
  • Pool view
  • Transport near
  • Fireplace
  • Fully fitted kitchen
  • Storage room
  • Covered terrace
  • Private terrace
  • Renovation Needed

Parque Elviria

39Parque Elviria properties for sale right now
€1,585,675Median asking price
€7,968 / m²Median price per m²
Where exactly is Elviria?

At the eastern end of Marbella, about twenty minutes from the town, running from the beach up across the coast road and into the hills behind. It is large enough that the official address service of the Instituto Geográfico Nacional treats Elviria as a settlement in its own right, with Santa María Golf, Elviria Hills and the Cerrado de Elviria all filed under it.

Is Elviria a gated community?

No. Elviria is a district made up of many separate urbanisations, some of them gated communities with their own security and shared pools, many of them streets of individual villas that are not gated at all. Arrangements differ from one urbanisation to the next, so ask us about the specific one before you decide.

What type of property for sale in Elviria is most common?

It is the most mixed address on this coast. Of the 39 resale properties currently listed here, 18 are houses, 9 are apartments and 2 are penthouses, with 1 plots of land, which is an unusual amount of land to see on the market anywhere in Marbella.