For sale · Costa del Sol · Nerja
Available€879,000
2 beds · 1 bath · 70 m² built
Ref HT5408314Updated daily · Last sync 23 June 2026



About this property
Two-bedroom penthouse with top-floor position in Costa del Sol East, Nerja, Costa del Sol. The 100-square-metre private terrace defines this property, offering space enough for multiple seating areas, outdoor dining and year-round entertaining under the Andalusían sun. Central air conditioning runs throughout the 70-square-metre interior, where two bedrooms and a bathroom sit alongside a fully fitted kitchen and a bright living room with lift access from street level.
The terrace's scale allows for flexible use: a lounge zone at one end, a dining table for eight in the centre, and sunbeds positioned to catch morning or afternoon light depending on preference. Part-furnished interiors include key pieces that allow immediate occupancy, while the 2004 construction provides sound structural condition without requiring immediate renovation work. A dedicated parking space is included, and the top-floor setting ensures no noise from neighbours above.
The property sits a short walk from Burriana Beach, Nerja's most popular stretch of sand, where beach clubs and seafood restaurants line the promenade. The town centre lies 1.5 kilometres west, reachable in under 20 minutes on foot, with supermarkets, pharmacies and the clifftop Balcón de Europa viewpoint all within that radius. Málaga Airport is 55 kilometres along the A-7 coastal motorway, typically a 45-minute drive outside peak summer traffic.
Property details
Location
Map shows the approximate Costa del Sol East, Nerja area. Exact address provided upon request. This property is in NerjaCosta del Sol.
9 questions answered
Yes. Spain places no restrictions on foreign buyers, EU and non-EU citizens can purchase freely in Nerja. 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.
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.
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.
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.
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.
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.
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.
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.
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.
Market context
Live €/m² comparisons from current inventory of similar penthouses in the same city.
This Penthouse
€12,557 / m²
€12,557 × 70 m² = €879,000 asking
Comparable averages
Nerja apartments & penthouses
14 active listings
Similar properties
Market average €4,533/sqm across 14 active nerja apartments & penthouses.