Middle Floor Apartment in Cancelada

Discover an exceptional investment prospect in the heart of the New Golden Mile. This middle floor apartment in Cancelada offers a strategic entry point into one of Estepona's most rapidly appreciating residential sectors. Located within the established La Vaguada development, the property presents a rare chance to acquire a significant footprint in a region defined by its high demand and upscale Mediterranean lifestyle.

The residence spans a generous 105 m² of built area, meticulously planned to accommodate a functional and spacious family layout. It features three well-proportioned bedrooms and two full bathrooms, ensuring privacy and comfort for all residents. The southern orientation ensures that the living spaces are bathed in natural light throughout the day, while the panoramic views over the surrounding urban landscape provide a sense of openness and connection to the Costa del Sol scenery.

As a distressed asset currently occupied, this property is tailored for experienced investors looking for high-margin opportunities. The urbanisation provides a secure and stable environment, while the apartment itself is noted for being in good condition relative to its category. Utilities such as electricity, drinkable water, and telephone lines are already established, simplifying future renovations or management once possession is secured.

The location in Cancelada is one of its most compelling attributes. Residents are within walking distance to a variety of essential services including supermarkets, local schools, and health centers. The proximity to the town center allows for a seamless blend of village charm and modern convenience. Excellent road links provide rapid access to the luxury hubs of Puerto Banús and Marbella, as well as the world-class golf courses that dot the Estepona coastline.

This property represents a strategic acquisition for those focused on capital growth or the long-term rental market. By securing a three-bedroom apartment at a distressed price point, the buyer positions themselves to benefit from the ongoing infrastructure improvements and luxury developments currently transforming the Cancelada area into a premier Mediterranean destination.