EDENOVO

Penthouse Apartment in Cancelada

Penthouse Apartment in Cancelada - Main Photo
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EDN-15728
For Sale
Listed since Mar 21, 2026
3Bedrooms
3Bathrooms
100 m²Built
Sea ViewsViews

Description

Discover a sophisticated lifestyle in the heart of the New Golden Mile with this contemporary penthouse in Cancelada. This residence offers an exceptional balance of modern aesthetics and Mediterranean warmth, designed for those who appreciate architectural clarity and natural light. Situated within a prestigious gated community, the property provides a serene sanctuary while remaining perfectly positioned between the glamour of Marbella and the traditional charm of Estepona.

The interior spans 100 m² of meticulously planned living space, where an open-concept lounge and dining area serve as the home's social core. Large floor-to-ceiling windows create a fluid transition to the primary south-facing terrace, which overlooks manicured communal gardens and offers partial Mediterranean Sea views. The distribution includes three versatile bedrooms; the master suite boasts direct terrace access and a private bathroom, while two additional guest rooms are finished with bespoke cabinetry and high-end materials to ensure comfort for family or visitors.

Outdoor living is elevated by a massive 107 m² of terrace space, including a magnificent rooftop solarium. This expansive area is ideal for al fresco entertaining, sunset cocktails, or private sunbathing under the Andalusian sky. The apartment is equipped with dual-mode air conditioning, a fully fitted modern kitchen, and private underground parking with elevator access. Residents also enjoy access to premium onsite amenities, including a fully equipped gymnasium and a designer swimming pool set within landscaped grounds.

The location in Cancelada is highly strategic for both residents and holidaymakers. You can reach local cafes, authentic restaurants, and essential services within a 15-minute walk. The shoreline is just an 8-minute drive away, offering some of the coast's best beach clubs. With Malaga Airport accessible in 45 minutes and the luxury boutiques of Puerto Banús only 15 minutes by car, this property represents a high-performing investment asset with significant rental yield potential.

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:100 m²Terrace:107 m²

General

Type:Apartment / PenthouseCondition:Excellent ConditionOrientation:South Facing

Views

Sea ViewsGarden Views

Security

Gated Complex

Climate

Air Conditioning

Features

PoolGarageGardenTerraceSea view
Region:CanceladaArea/Town:Cancelada

Setting

Close To ShopsClose To SchoolsUrbanisation
Asking Price

€ 595 000

Original Price
€ 695 000
Price per m²
€ 5 950 / m²

Investment Potential

Price per m²
€ 5 950 / m²
Comparison basis
33 · Cancelada
Median asking price per m²
€ 4 625 / m²
Typical range
€ 3 750 – 5 509 / m²
Ask more per m²
15 %
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

€ 595 000
€
Transfer Tax (ITP 7%)€ 49 550
Notary & Registry Fees (est.)€ 2 800
Legal Fees€ 5 950
Total Taxes & Fees€ 58 300
Total Purchase Cost€ 653 300

Costs are approximate. Please consult a legal advisor.

Mortgage Calculator

Property Price (€)€ 595 000
Down Payment20% (€ 119 000)
%
years
Loan Amount€ 476 000
Monthly Payment€ 2 382,97
Required Monthly Income€ 7 943,23 / mo

Based on 30% of gross monthly income

Calculations are indicative. Please consult a financial advisor.

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EDN-15728·EUR 595 000€ 5 950/m²