EDENOVO

Apartment in Cancelada

Apartment in Cancelada - Main Photo
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EDN-12634
For Sale
Listed since Mar 21, 2026
3Bedrooms
2Bathrooms
107 m²Built
—Views

Description

Perched above the picturesque landscape of the New Golden Mile, this sophisticated three-bedroom duplex penthouse in Cancelada offers an elevated living experience with sweeping views of the Mediterranean, the rock of Gibraltar, and the North African coastline. Built in 2021, the residence combines contemporary architectural lines with a functional layout designed to maximize the natural light of the Costa del Sol. The south-west orientation ensures that the expansive terraces are bathed in sunlight from midday until the spectacular evening sunsets over the Sierra Bermeja mountains.

The interior spans 107 m², centered around an open-plan living and dining area that integrates seamlessly with a sleek, high-gloss kitchen equipped with premium Siemens appliances. Two guest bedrooms share a modern bathroom on the main level, while the upper floor is dedicated to a private master suite. This sanctuary features a walk-in dressing area and direct access to a 25 m² rooftop solarium, providing a secluded space for relaxation. The main terrace of 28 m² serves as an outdoor lounge, perfect for entertaining while overlooking the communal gardens and the sea.

Resident comfort is prioritized through advanced climate control, with independent air conditioning in every room, and high-quality fitted wardrobes throughout. The property is part of a secure, gated complex that includes an underground parking space and a storage room. Owners also enjoy membership to an exclusive clubhouse, which features an indoor heated pool, a fully equipped gym, a sauna, a Turkish bath, and an on-site restaurant, mirroring the amenities of a five-star resort.

The location in Cancelada provides a perfect balance between village charm and modern convenience. Within a short walk, you will find local boutiques, traditional Spanish dining, and essential services. The prestigious Los Flamingos golf course and the Villa Padierna hotel are just minutes away, while the glitz of Puerto Banús and the historic center of Estepona are reachable within a ten-minute drive. With a touristic license already in place, this penthouse represents a versatile asset for both lifestyle seekers and savvy investors.

About Estepona & Casares

No other coastal town has undergone such a radical and rapid urban transformation as Estepona. Casares is one of the most picturesque white villages of Andalusia — a medieval Moorish quarter on the heights, with golf resorts and beachfront residences below.

Areas

Built:107 m²

General

Type:ApartmentEnergy rating: {rating}B
Region:CanceladaArea/Town:Cancelada
Asking Price

€ 620 000

Price per m²
€ 5 794 / m²

Investment Potential

Price per m²
€ 5 794 / m²
Comparison basis
33 · Cancelada
Median asking price per m²
€ 4 625 / m²
Typical range
€ 3 750 – 5 509 / m²
Ask more per m²
20 %
Same type & bedrooms
525 · Apartments · Bedrooms: 3 · Estepona & Casares
Typical asking price
€ 400 000 – 800 000

Median of asking prices in the EDENOVO catalogue, not closing prices. Rental yields are estimates based on local market data. Not guaranteed.

Purchase Cost Calculator

€ 620 000
€
Transfer Tax (ITP 7%)€ 51 800
Notary & Registry Fees (est.)€ 2 800
Legal Fees€ 6 200
Total Taxes & Fees€ 60 800
Total Purchase Cost€ 680 800

Costs are approximate. Please consult a legal advisor.

Mortgage Calculator

Property Price (€)€ 620 000
Down Payment20% (€ 124 000)
%
years
Loan Amount€ 496 000
Monthly Payment€ 2 483,09
Required Monthly Income€ 8 276,98 / mo

Based on 30% of gross monthly income

Calculations are indicative. Please consult a financial advisor.

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EDN-12634·EUR 620 000€ 5 794/m²