Elviria · Marbella · Málaga

Renovated Elviria penthouse with sea views

€400,000

Renovated 121 m² penthouse with two bedrooms and two bathrooms in Elviria, featuring panoramic sea views, communal gardens and four pools. Short-term holiday rentals are permitted.

Reference R5251273 · On Inmoblia since 28 August 2026 · Published by Good Homes

The property

Specifications

What the advert says about the property: floor area, layout, condition and registry details.

Some advert data is uncertain

We show the source-reported value for context, but exclude it from calculations until the conflicting evidence is resolved.

Type
Penthouse
Built area (source, uncertain)
121 m²
Bedrooms
2
Bathrooms
2
Condition
Good condition
Fittings

Fittings and extras

What the property comes with and how much each item weighs in the “Property data” sub-score.

  • Sea views +6
  • Pool Communal +2
  • Garden Communal

The advert also mentions:

  • 169 m² including terraces
  • Golf course setting
  • Four communal pools, including one seawater pool
  • Short-term holiday rentals permitted
  • Five-minute drive from Don Carlos Hotel
  • Fifteen-minute walk from the beach
  • Ten-minute walk from shops, restaurants and supermarket

Free text we could not normalise into a comparable attribute, so it does not score.

How these values score

The verdict

What the analysis sees

The specific signals the model finds in this property and its municipality, before going into the score in detail.

In favour

  • In good conditionNo renovation needed to put it on the rental market.

Against

No notable risks in the available data.

Municipal momentum

Where the local market is heading.

Rent price index

INE · 2011 base = 100 · yearly

+4.5% interanual
127.9 20112014201820212024 101.5 · 2011101.5 · 2011100.4 · 2012100.4 · 201299.2 · 201399.2 · 201398.9 · 201498.9 · 2014100 · 2015100 · 2015102.3 · 2016102.3 · 2016105.1 · 2017105.1 · 2017108.5 · 2018108.5 · 2018112.5 · 2019112.5 · 2019112.5 · 2020112.5 · 2020114.8 · 2021114.8 · 2021118.5 · 2022118.5 · 2022122.4 · 2023122.4 · 2023127.9 · 2024127.9 · 2024

Housing transactions

MIVAU · deals per year

−7.3% interanual
4,399 20112015201820222025 2,259 · 20112,259 · 20112,519 · 20122,519 · 20123,106 · 20133,106 · 20133,982 · 20143,982 · 20144,435 · 20154,435 · 20154,003 · 20164,003 · 20164,279 · 20174,279 · 20174,075 · 20184,075 · 20183,681 · 20193,681 · 20192,565 · 20202,565 · 20204,628 · 20214,628 · 20215,514 · 20225,514 · 20224,517 · 20234,517 · 20234,743 · 20244,743 · 20244,399 · 20254,399 · 2025

Investment guide for Marbella

Municipal demand

The structural depth of demand in the area.

12.4 yearsPurchase affordability
median 7.8 years years of household income to pay for the home (€32,306/year)
+1.8%Rent trajectory
0 = flat average annual growth of the municipal rent index (INE)
6%Unemployment rate (approx.)
median 10% unemployed over unemployed + social security contributors (a proxy comparable across municipalities)
+19.5‰Net migration
median 11.9‰ arrivals minus departures from abroad per 1,000 residents · a growing population sustains demand

Registered unemployment

SEPE · yearly average

−7.4% interanual
6,753 20192021202320242026 11,707 · 201911,707 · 201914,686 · 202014,686 · 202013,404 · 202113,404 · 20219,682 · 20229,682 · 20228,787 · 20238,787 · 20238,075 · 20248,075 · 20247,294 · 20257,294 · 20256,753 · 20266,753 · 2026

Average gross income

AEAT · annual tax return

+2.2% interanual
€32,306 20132016201820212023 €22,935 · 2013€22,935 · 2013€23,265 · 2014€23,265 · 2014€24,182 · 2015€24,182 · 2015€24,791 · 2016€24,791 · 2016€25,671 · 2017€25,671 · 2017€26,541 · 2018€26,541 · 2018€27,502 · 2019€27,502 · 2019€25,687 · 2020€25,687 · 2020€28,593 · 2021€28,593 · 2021€31,614 · 2022€31,614 · 2022€32,306 · 2023€32,306 · 2023

Registered population

INE · yearly population register

0.0% interanual
159,786 20112014201820222025 138,662 · 2011138,662 · 2011138,662 · 2011138,662 · 2011140,473 · 2012140,473 · 2012140,473 · 2012140,473 · 2012142,018 · 2013142,018 · 2013142,018 · 2013142,018 · 2013138,679 · 2014138,679 · 2014138,679 · 2014138,679 · 2014139,537 · 2015139,537 · 2015139,537 · 2015139,537 · 2015140,744 · 2016140,744 · 2016140,744 · 2016140,744 · 2016141,172 · 2017141,172 · 2017141,172 · 2017141,172 · 2017141,463 · 2018141,463 · 2018141,463 · 2018141,463 · 2018143,386 · 2019143,386 · 2019143,386 · 2019143,386 · 2019147,633 · 2020147,633 · 2020147,633 · 2020147,633 · 2020147,958 · 2021147,958 · 2021147,958 · 2021147,958 · 2021150,725 · 2022150,725 · 2022150,725 · 2022150,725 · 2022156,295 · 2023156,295 · 2023156,295 · 2023156,295 · 2023159,000 · 2024159,000 · 2024159,000 · 2024159,000 · 2024159,786 · 2025159,786 · 2025159,786 · 2025159,786 · 2025

Net international migration

INE · immigration − emigration · yearly

−15.5% interanual
3,118 2021202220232024 1,803 · 20211,803 · 20216,374 · 20226,374 · 20223,691 · 20233,691 · 20233,118 · 20243,118 · 2024

Recorded offences

Ministry of the Interior · cumulative

+83.0% interanual
30,714 202420252026 2,858 · 20242,858 · 20246,314 · 20246,314 · 202410,626 · 202410,626 · 202413,803 · 202413,803 · 202416,785 · 202516,785 · 202520,207 · 202520,207 · 202524,881 · 202524,881 · 202527,952 · 202527,952 · 202530,714 · 202630,714 · 2026

Recorded offences (municipalities over 20,000 residents only, from 2024) are territorial context: they do not label an area “safe” or “unsafe”, nor do they measure tenant risk.

Comparables

Similar properties nearby

Real references of the same municipality and type, to cross-check rent and price. They are not necessarily active offers.

This is a shortlisting pass over the advert's data, not a due diligence report. Before deciding, check the points we cannot verify from here:

  • Possession: that it is vacant, with no squatters and no tenants on a live contract.
  • If it is let, the current rent, the type of contract and its expiry date.
  • The real state of repair and services (possible hidden renovation work) and a valid energy certificate.
  • The real service charge and, above all, whether any special levies are approved or pending: they appear in the minutes of the last owners' meetings.
  • The property's actual IBI: our figure is an estimate from the municipality's cadastral values, not the specific bill.
  • Charges, mortgages, seizures or easements in the Land Registry extract.