Studio for sale in Elviria, Marbella – R5491492

€360,000

Bedrooms1
Bathrooms1
Built area43 m²

Year built: 1990
Condition: New
Views: Sea
Orientation: South
Setting: Front line beach

STUDIO WITH TOURIST LICENCE – ELVIRIA BEACH, MARBELLA

Beautifully renovated studio just steps from the beach, with an established rental history and tourist licence.

Wonderful, stylish studio apartment in Romana Playa, Elviria, one of the most sought-after beachside areas of Marbella. Beautifully renovated and presented in immaculate condition, this property is ready to be enjoyed as a holiday home or continued as a successful rental investment.

The current owner can also continue managing the property and its existing rentals for the new owner, offering the opportunity to generate rental income from day one with a truly turnkey investment.

The studio is chique and bright and exceptionally well distributed, featuring a fully fitted kitchen with breakfast bar, a spacious bathroom and excellent storage. The highlight is the large private, sunny terrace, with partial sea views, providing the perfect setting for al fresco dining, morning coffee or relaxing in the sun.

The property achieved an impressive 85–90% occupancy during 2025, demonstrating strong year-round rental demand, with an excellent guest review rating of 9+.
Renovated to a high standard and exceptionally well maintained, this is a fantastic opportunity to acquire a ready-to-rent beachside property with a proven rental track record.

Located just steps from the beautiful Elviria Beach, with the Marbella Dunes Ecological Reserve and its protected natural surroundings nearby. A wide choice of restaurants, chiringuitos, beach clubs and public transport are all within easy reach, while communal parking is available within the development.

Whether you are looking for a lock-up-and-leave holiday home, a coastal base in Marbella, or an income-generating investment, this studio offers an excellent combination of location, lifestyle and proven rental potential.

Approximate distances:
•Marbella centre – 10 minutes
•Fuengirola – 15 minutes
•Málaga Airport – 30 minutes

Tourist licence | Proven rental history | 85–90% occupancy in 2025 | 9+ guest reviews | Large sunny terrace | Partial sea views | Steps from the beach

Contact us today to arrange a viewing.

The advertised price excludes applicable taxes (ITP, generally 7% in Andalusia for resale properties, ‌or ‌VAT ‌where ‌applicable), ‌notary and ‌Land ‌Registry fees, ‌and any financing costs. The ‌amounts depend ‌on ‌the ‌transaction and the buyer’s ‌circumstances. ‌Please ‌contact ‌us ‌for ‌further ‌details.

This property for sale in Elviria has 1 bedroom, 1 bathroom and 43 m², with parking. 360,000 €. Located in Elviria, on the Costa del Sol (Málaga, Spain). Reference R5491492. Contact EVS PROPERTY GROUP for more information or to arrange a viewing.

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Listed on 03/11/2026

Approximate address

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Address: Elviria, Costa del Sol, Malaga, Spain
City: Elviria, Marbella
Province: Málaga

Details and legal information

Updated on November 3, 2026

Decree 218/2005 of the Junta de Andalucía · Consumer information on the sale and rental of homes

ReferenceR5491492
Price€360,000
Area43 m²
Bedrooms1
Bathrooms1
Garage1

Year Built1990
Property typeApartment, Middle Floor Studio
Annual IBI249 €/year
ConditionNew
OrientationSouth

Price history

From	Price
03/11/2026	€360,000
11/10/2026	€360,000 · taken off the market

Published prices since we started recording them (11/10/2026). Reductions are set by the owner; they are not an EVS discount.

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Purchase costs and yield

Purchase price (€)

Type of home

Resale

Tax residence Resident in Spain Non-resident

Cadastre reference value (€, optional)If it is higher than the price, ITP is paid on it. Main home, you are under 35 and the price is no more than €150,000 Include a lawyer (1 % + VAT)

Purchase price (€) Purchase costs (€) Monthly rent (€)Indicative: asking rents in Elviria, Marbella. Annual costs: community fees, IBI, insurance, upkeep (€)IBI and community fees from the listing; add insurance and upkeep. Occupancy (%) Tax residence

Price (€) Monthly rent (€)Indicative: asking rents in Elviria, Marbella. Tax residence

Gross yield = annual rent ÷ price × 100. The net yield depends on costs, IBI and community fees: use the “Yield / ROI” tab.

An indicative calculation, not tax or legal advice. Rates in force in Andalusia as of 10/10/2026.

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About the area

Location: Elviria, Marbella. About 32 km as the crow flies from Málaga airport and 41 km from Málaga city centre.

Price of this property: €8,370/m² built. In our catalogue, the median for flats and apartments for sale in Marbella is €5,940/m² (1,238 listings). This property is 41% above that median.

Surroundings, according to the listing agent: Front line beach, Right by the beach, Near the sea, Close to shops, Near schools.

Frequently asked questions

How much does it cost in total to buy this property?

On top of the price, in Andalusia you pay 7% transfer tax (ITP, €25,200) plus notary, Land Registry and paperwork, around 1–1.5% (€3,600–€5,400). In total, between €28,800 and €30,600. The agency commission is paid by the seller.

What are the yearly running costs of this property?

IBI (council tax): €249 a year. Figures given by the listing agent. If you are not resident in Spain, you also file the Modelo 210 every year (non-resident income tax).