FOR SALE 🏡 Six-Bedroom Villa to Renovate with Lift and Private Pool – Santa María, Elviria, Marbella 🇪🇸

FOR SALE 🌟

🏡 Six-Bedroom Villa to Renovate with Lift and Private Pool – Santa María, Elviria

🇪🇸 Santa María, Elviria, Marbella 🇪🇸

In one of the most established parts of Elviria, this detached villa sits on a generous plot and is laid out over three floors connected by a lift. It needs renovation throughout, which makes it a straightforward canvas for a full modernisation ✨

✅ 6 Bedrooms
✅ 3 Bathrooms
✅ Three Floors Connected by a Lift
✅ Built in 2009
✅ Private Pool, Terrace and Balcony
✅ Garage and Storage Room
✅ Fitted Wardrobes Throughout
✅ Adapted for Reduced Mobility
✅ Heat Pump Heating (Propane/Butane)
✅ Asking Price: €1,300,000

The villa is arranged over three levels, with a lift running from the basement to the top floor, so every part of the house is easy to reach. There are six generous bedrooms, among them a master suite that stands out for its natural light, along with three full bathrooms, fitted wardrobes and a storage room. The property needs renovating, and that is exactly its appeal: the structure, the volumes and the services are in place, and the finishes can be chosen from scratch.

Outside, the plot gives room for the pool area, a large terrace and a balcony, with open space around the house on all sides. A garage completes the property. Heating runs on a propane/butane heat pump and the house is adapted for reduced mobility, which is unusual in this segment and widens the pool of future buyers once the work is done.

This villa for sale in Elviria sits minutes from the centre of Elviria, with its restaurants, cafés, supermarkets, international schools, golf courses and the beaches of Marbella East all close by. The area is one of the most consistently in-demand family locations on the Costa del Sol, and a well-executed renovation here has a clear resale market.

📊 Investment case (indicative)
✅ Planning: no renovation licence in place yet (typically 2–6 months to obtain)
✅ Purchase after negotiation: approx. €1,235,000, plus approx. €111,000 costs (7% transfer tax, notary, registry, lawyer)
✅ Modernisation of approx. 525 m² at €800 per m² (good condition, built 2009): approx. €530,000 incl. architect and project management, licence and ICIO tax, 10% contingency
✅ Total investment incl. approx. 18 months holding costs: approx. €1,900,000
✅ Renovated villas in Elviria realistically sell at approx. €4,000–4,800 per m² (asking prices less the usual 10–15% negotiation); we calculate with €4,300
✅ Estimated resale: approx. €2,260,000, less approx. €160,000 selling costs
✅ Indicative profit: approx. €200,000, before capital gains tax
Figures are indicative estimates based on comparable villas nearby and current market costs; they are not a valuation.

Contact Agent4Stars for further information or to arrange a viewing.

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