EDENOVO

Penthouse Apartment in Cancelada

Penthouse Apartment in Cancelada - Main Photo
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EDN-12832
For Sale
Listed since Mar 21, 2026
3Bedrooms
3Bathrooms
133 m²Built
Sea ViewsViews

Description

Perched gracefully within the elevated landscape of Cancelada, this brand-new penthouse on the New Golden Mile represents the pinnacle of modern Mediterranean living. Designed for those who appreciate architectural clarity and expansive horizons, the residence serves as a sophisticated sanctuary between the vibrant hubs of Estepona and Marbella. The property is defined by its seamless integration with the surrounding scenery, offering a lifestyle where the blue of the Mediterranean and the Sierra Bermeja mountains form a constant backdrop to daily life.

The interior layout emphasizes fluid movement and natural illumination across 133 m² of living space. Three generous bedrooms provide private retreats, complemented by two designer bathrooms and an additional guest toilet. The heart of the home is an open-plan social area where a high-specification kitchen blends into the dining and lounge zones. Floor-to-ceiling glass doors retract to reveal a massive 86 m² south-facing terrace, creating an outdoor living room that captures the Costa del Sol sun from dawn until dusk.

Technical excellence is evident throughout the penthouse, featuring advanced aerothermal climate control and underfloor heating with individual room regulation for year-round comfort. Residents benefit from a comprehensive suite of amenities including three outdoor pools, an indoor heated pool, a state-of-the-art gym, and professional paddle courts. The gated community also incorporates a dedicated coworking space and a luxury spa, ensuring all wellness and professional needs are met within the security of a 24-hour monitored environment.

The location in Cancelada offers a strategic balance of tranquility and accessibility. A short walk leads to the local promenade and beach, while the proximity to prestigious golf courses and international schools makes it an ideal permanent residence. With two underground parking spaces and a large storage room included, this property stands as a premier choice for those seeking a turnkey luxury home in one of the region's most promising investment corridors.

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:133 m²Terrace:86 m²

General

Type:Apartment / PenthouseCondition:New ConstructionOrientation:South Facing

Views

Sea ViewsMountain ViewsCourtyard Views

Security

Gated ComplexElectric BlindsEntry Phone24 Hour Security

Climate

Air ConditioningUnderfloor HeatingU/F/H Bathrooms

Features

PoolGarageGardenTerraceSea view
Region:CanceladaArea/Town:Cancelada

Setting

SuburbanClose To GolfClose To ShopsClose To SeaClose To SchoolsUrbanisation
Asking Price

€ 990 000

Original Price
€ 1 100 000
Price per m²
€ 7 444 / m²

Investment Potential

Price per m²
€ 7 444 / m²
Comparison basis
33 · Cancelada
Median asking price per m²
€ 4 625 / m²
Typical range
€ 3 750 – 5 509 / m²
Ask more per m²
0 %
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

€ 990 000
€
Transfer Tax (ITP 7%)€ 88 000
Notary & Registry Fees (est.)€ 2 800
Legal Fees€ 9 900
Total Taxes & Fees€ 100 700
Total Purchase Cost€ 1 090 700

Costs are approximate. Please consult a legal advisor.

Mortgage Calculator

Property Price (€)€ 990 000
Down Payment20% (€ 198 000)
%
years
Loan Amount€ 792 000
Monthly Payment€ 3 964,94
Required Monthly Income€ 13 216,46 / mo

Based on 30% of gross monthly income

Calculations are indicative. Please consult a financial advisor.

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EDN-12832·EUR 990 000€ 7 444/m²