For sale · Costa del Sol · Marbella
Available2-Bed Penthouse in Lorcrimar V, Marbella
Residential complexLorcrimar VGated community
€549,000€595,000
2 beds · 2 baths · 102 m² built
Price reduced
Ref HT5501974Updated daily · Last sync 27 October 2026
About this property
Overview
Two-bedroom penthouse with private pool in Nueva Andalucía, Costa del Sol. This top-floor corner apartment occupies the entire upper level of its block, delivering an L-shaped terrace that wraps 69 square metres around the living space and catches sun from midday through to sunset on its south and west-facing aspects.
Inside, 102 square metres of built space divides into two double bedrooms and two bathrooms, both fitted with walk-in showers. The open-plan living and dining area extends directly onto the terrace through full-width glass doors, and the kitchen sits to one side with integrated appliances and breakfast bar seating. A separate utility room houses laundry equipment and additional storage. The master bedroom opens onto the terrace, and both bedrooms include fitted wardrobes. One allocated parking space comes with the property in the underground garage, and furniture is available by negotiation.
Lorcrimar V is a gated community with 24-hour security, a central swimming pool, and mature Mediterranean gardens maintained year-round. The complex sits 1.2 kilometres from Puerto Banús marina, a seven-minute drive or 15-minute walk through the residential streets of Nueva Andalucía. Holiday rentals are permitted under community rules, and the beachfront at Playa de Nueva Andalucía lies 1.8 kilometres south. The property was built in 2003 and remains in good condition throughout, with no recent renovation work carried out.
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Features
What this home includes
- Panoramic view
- Pool view
- Sea view
- Air conditioning
- Double glazing
- Ensuite bathroom
- Fitted kitchen
- Fitted wardrobes
- Utility room
- Covered parking
- Garage
- Private parking
- Fibre internet
- Close to golf
- Close to marina
- Close to schools
- Close to the sea
- Close to town
- Near public transport
- Urbanisation
- Terrace
Property details
Specifications
- Property type
- Penthouse
- Subtype
- Penthouse
- Bedrooms
- 2
- Bathrooms
- 2
- Built area
- 102 m²
- Terrace
- 69 m²
- Parking spaces
- 1
- Pool
- Yes
- Gated community
- Yes
- Sea view
- Yes
- Orientation
- South, South West, West
- Complex
- Lorcrimar V
- Area
- Nueva Andalucía
- City
- Marbella
- 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.
