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Villa
4
3
4940 sqf/459 sqm
Nestled in the tranquil hillsides of Elviria in Marbella East, this impressive villa combines traditional charm with outstanding potential for both lifestyle and investment. Surrounded by lush greenery, a spectacular mature garden, and breathtaking sea views, the property enjoys a privileged position just a short stroll from local amenities, restaurants, and services, while still offering privacy and a serene environment. Built in 1986, the villa sits proudly on a generous plot and offers a welcoming entrance with ample parking space, including a carport. The property is arranged over three levels, with a total layout designed for comfort, family living, and entertaining. The main living level features a spacious split-level lounge and dining area, complete with a cozy fireplace. This inviting area flows seamlessly to a large covered and glazed porch that overlooks the landscaped garden, the private swimming pool, and the sparkling Mediterranean Sea beyond. Also on this level are three bedrooms, two bathrooms, a comfortable TV room, and a generous kitchen with space for informal dining – the perfect heart of the home. The upper floor is dedicated to the master suite, providing a true retreat. It includes a spacious bedroom, a luxurious en-suite bathroom, and a walk-in wardrobe. From here, direct access to a private terrace allows for enjoyment of the most stunning panoramic views of the sea and surrounding greenery, creating an atmosphere of peace and exclusivity. The lower level of the villa offers practical and leisure-oriented spaces. A garage for two cars, a wine cellar, and a dedicated entertainment area complete this floor, making it as functional as it is enjoyable. The property is also fitted with solar panels, contributing to energy efficiency and sustainability. Beyond its charm as a family home, this villa offers remarkable investment potential. Originally conceived as a project for two villas, only one was built, leaving the opportunity to construct a second villa with an already existing project and building licence. In addition, the generous plot is subdivided into three separate parcels, each suitable for the development of an individual villa. Every parcel enjoys full privacy and beautiful sea views, further enhancing their value. The property also benefits from access via two different streets, adding convenience and flexibility to any future development. The land classification (UE4) permits a buildability of 20% above ground, allowing for approximately 713 m² plus basement, providing ample scope for creating high-quality residences. This flexibility opens multiple possibilities: maintaining the villa as a large family residence, developing an additional villa, or undertaking a full project of three contemporary homes – all in one of Marbella’s most sought-after residential areas. With its privileged hillside location, expansive gardens, sea views, and extraordinary potential, this property represents not only a grand residence but also a rare chance to create a profitable development or a legacy family estate in Elviria, Marbella East.
These results are for a repayment mortgage and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage.
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