For sale · Costa del Sol · Marbella
Available2-Bed Penthouse in Lorcrimar V, Marbella
Residential complexLorcrimar VGated community
€549,000
2 beds · 2 baths · 102 m² built
Ref HT5542843Updated daily · Last sync 12 November 2026
About this property
Overview
Two-bedroom penthouse with top-floor position in Nueva Andalucía, Costa del Sol. This corner apartment occupies the uppermost level of its building, delivering southwest and west orientation that floods 102 square metres of living space with natural light from mid-morning through sunset. The L-shaped terrace extends across 69 square metres and wraps around two sides of the property, fitted with retractable glass curtains along one section to create a sheltered outdoor room usable year-round.
Inside, the layout separates two double bedrooms across opposite ends of the floor plan, each served by its own bathroom. The kitchen comes fully fitted with integrated appliances and connects to a separate utility area that keeps laundry functions out of sight. Electric blinds cover the windows throughout, and hot-and-cold air conditioning runs through every room. The terrace overlooks the communal pool and tropical gardens below, with a partial sea view visible beyond the greenery. One allocated parking space comes with the property.
Lorcrimar V sits within a gated perimeter in Nueva Andalucía's residential quarter, with 24-hour security and maintained gardens surrounding the shared swimming pool. Puerto Banús marina lies 2.5 kilometres south, reachable in under five minutes by car, placing the restaurants and berths of the harbour within easy evening reach. The complex was completed in 2003 and maintains good structural condition across its low-rise blocks.
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Features
What this home includes
- Terrace
Property details
Specifications
- Property type
- Penthouse
- Subtype
- Penthouse
- Bedrooms
- 2
- Bathrooms
- 2
- Built area
- 102 m²
- Terrace
- 69 m²
- Parking spaces
- 1
- Levels
- 1
- Year built
- 2003
- Condition
- Good
- Gated community
- Yes
- Orientation
- southwest, west
- Complex
- Lorcrimar V
- Area
- Nueva Andalucía
- City
- Marbella
- Postcode
- 29660
- Province
- Málaga
- Coast
- Costa del Sol
Location
Nueva Andalucía, Marbella
Residential complexLorcrimar VMap shows the Lorcrimar V complex location. Exact unit address provided upon request. This property is in Nueva AndalucíaMarbellaCosta del Sol.
9 questions answered
Buying this penthouse in Nueva Andalucía
Can foreigners buy property in Nueva Andalucía?
Yes. Spain places no restrictions on foreign buyers, EU and non-EU citizens can purchase freely in Nueva Andalucía. You will need a Spanish NIE (foreigner tax number) before signing the title deed, plus a Spanish bank account for the transfer. The full purchase typically completes 6 to 10 weeks from signing the reservation contract.
What is an NIE and how do I get one?
The NIE (Número de Identificación de Extranjero) is your Spanish tax ID and is mandatory for buying property, opening a bank account or paying taxes. You can apply at a Spanish consulate in your home country or in person in Spain. Your lawyer can also obtain it on your behalf with a power of attorney, typically 2 to 4 weeks.
Do I need a Spanish lawyer?
Strongly recommended. An independent lawyer (abogado), separate from the agent and seller, verifies title, checks for debts and planning issues, drafts contracts and represents you at the notary. Typical fee is 1% of the purchase price plus VAT, with a minimum around €1,500.
How long does completion take?
From accepted offer to keys: 6 to 10 weeks for a resale, 30 to 45 days from reservation if no mortgage is needed. New-build off-plan completes when the development is delivered, often 18 to 36 months after reservation, with staged payments along the way.
What taxes will I pay buying a property in Nueva Andalucía?
Resale property in Andalucía: ITP (transfer tax) at 7%. New-build: 10% IVA + 1.2% AJD (stamp duty). Plus notary, land registry and legal fees of roughly 1 to 2%. Budget 10 to 13% on top of the asking price for total acquisition costs.
What ongoing costs should I expect?
Annual IBI (council tax) is typically 0.4 to 1.1% of cadastral value. Community fees on apartments and gated villas range €100 to €600/month depending on amenities. Non-resident owners pay an annual income tax based on cadastral value, plus utilities and home insurance.
Are agent fees paid by the buyer or seller?
In Spain the seller pays the agent commission (typically 3 to 6% + VAT), already baked into the asking price. Buyers do not pay agent fees on resale or new-build.
Can non-residents get a Spanish mortgage?
Yes. Spanish banks lend to non-residents at typical LTVs of 60 to 70% of the lower of purchase price or valuation (vs 80% for residents). Rates are competitive with the rest of the eurozone. You will need 6 months of bank statements, tax returns and proof of income, pre-approval takes 2 to 4 weeks.
Should I get pre-approval before viewing?
Recommended for serious buyers. A mortgage in principle confirms your budget, signals credibility to sellers and shortens completion. We can introduce you to specialist non-resident mortgage brokers familiar with the local market.
