Nestled in Marbella, this two‑bedroom apartment in Lorcrimar III embodies a pragmatic coastal investment: 72 sqm of living space, two bathrooms, a private 8 m² terrace, underground parking and communal gardens with pool. Priced at EUR 375,000, the property is a concise example of what disciplined international buyers seek on the Costa del Sol.

Discovering this Lorcrimar III apartment with NCH Dallimore Marbella

As shown in the photos, the apartment sits on the first floor with a south‑west aspect that delivers natural light through the living spaces and onto a private terrace overlooking well‑kept communal gardens. The plan is straightforward: a master bedroom with en‑suite, a guest bedroom, a second bathroom and a living/dining area adjacent to a kitchen that offers immediate potential for modernisation and value uplift.

Why this layout matters for investors

72.00 square metres across two bedrooms is a compact, leaseable configuration on the Costa del Sol. The combination of a terrace, communal pool and on‑site padel courts increases both short‑let appeal and year‑round tenancy potential. For investors focused on net yield, these amenity‑led differentials—plus an underground garage and a private storage room—translate directly into higher achievable monthly rents and lower void risk compared with bare minimum offerings.

Property specifics and practical considerations

The building, completed in 2000 and recently repainted across the urbanisation, benefits from gated access, an elevator and well maintained communal spaces. The property includes an underground parking space and a 4 m² private storage room—line items often overlooked in headline price comparisons but material to total cost of ownership (TCO). The apartment is sold furnished and includes an alarm system, which simplifies immediate rental deployment.

• Investment‑relevant features highlighted in the listing:
• • South‑west aspect and private 8 m² terrace • Communal swimming pool and gardens • Underground garage and private storage (4 m²) • Furnished and alarmed — ready for short‑let or long‑term letting • Walkable to Puerto Banús, Centro Plaza and sports facilities

How NCH Dallimore Marbella frames opportunities like this

With 40 years on the ground in Marbella and an agency rating that underscores consistent client feedback, NCH Dallimore Marbella positions properties through the lens of total return rather than aspirational marketing. Their approach to this apartment is illustrative: they identify attributes that drive rental income and occupancy (location walkability to Puerto Banús, access to padel courts, garage and storage), quantify likely refurbishment upside (opening the kitchen, modern finishes) and structure marketing to target international tenant pools—seasonal holidaymakers, long‑stay European retirees and corporate short‑lets.

Agency value‑add that affects pricing and exit

NCH Dallimore Marbella conducts local comparables, advises on capex prioritisation and aligns pricing with likely gross yields. For a EUR 375,000 purchase at current rent assumptions in nearby Lorcrimar listings, an investor can model short‑let gross yields that are materially higher than village averages if occupancy and nightly rates are well controlled. The firm’s on‑site knowledge of rental demand and compliance requirements reduces execution risk—critical for international buyers unfamiliar with Andalusian short‑let rules and tax administration.

Marbella context: demand drivers and risk factors

Marbella’s demand base is heterogeneous: high‑net‑worth seasonal visitors, long‑stay retirees and international professionals. Proximity to Puerto Banús supports premium rental rates during peak months, while good transport links—approximately a 40‑minute drive to Málaga Airport—sustain year‑round demand. Risks to underwrite include seasonality, regulatory changes to short‑term rentals and maintenance of communal facilities; NCH Dallimore Marbella mitigates these by vetting complexes for governance standards and recent capital works, as with this urbanisation’s recent repainting.

Practical underwriting checklist for similar Marbella apartments

• • Confirm community (comunidad) fees and special levies • Inspect governance: reserve fund, recent works, meeting minutes • Validate rental regime locally and any registration requirements • Estimate capex to modernise the kitchen and bathrooms • Stress‑test yields for 50% and 75% occupancy scenarios

Visual cues from the photos — what to look for on inspection

The images reveal condition and usable area: straight‑on shots of the living room and terrace show light levels and furniture scale; exterior images illustrate pool orientation and garden maintenance; garage and storage photography confirm vehicle and storage logistics. When assessing comparable listings, NCH Dallimore Marbella uses these visual cues to adjust fair value—clean communal landscaping and a recent external repaint are positive indicators that reduce short‑term capex assumptions.

How the agency translates a listing into measurable advantage

Beyond marketing, the agency stages a listing to speak to investor KPIs: projected gross yield ranges, an itemised capex estimate for kitchen modernisation, and a realistic rental schedule by month. This data‑first pack allows international buyers to compare net yields across markets rather than making decisions on presentation alone.

Who should consider this apartment and next steps

This apartment suits three buyer profiles: a yield‑focused investor seeking a compact, easy‑to‑manage asset with good rental fundamentals; a buyer wanting a holiday base within easy reach of Puerto Banús; and a first‑time expatriate purchaser aiming for a low‑maintenance entry into Marbella. NCH Dallimore Marbella can provide a tailored financial pack (rent roll estimates, community accounts, capex plan and projected net yield) to help buyers make an evidence‑based decision.

Actionable next steps: request the agency’s financial pack, arrange a virtual viewing (the images provide a reliable visual baseline) and obtain a local tax overview for non‑resident ownership. NCH Dallimore Marbella’s local teams can coordinate inspections, lettings setup and introduce vetted property managers to reduce time‑to‑income for remote buyers.

For international buyers who prioritise disciplined underwriting over marketing gloss, this Lorcrimar III apartment—presented and marketed by an experienced local firm—offers a clear, modelable opportunity. Contact NCH Dallimore Marbella to access the full data pack and a comparative yield analysis specific to this address in Marbella.