EDENOVO

Apartment in Cancelada

Apartment in Cancelada - Main Photo
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EDN-25001
For Sale
Listed since May 26, 2026
2Bedrooms
2Bathrooms
86 m²Built
—Views

Description

Perched between the vibrant coastal hubs of Marbella and Estepona, this top floor apartment in Cancelada offers a rare blank canvas for those seeking a bespoke Mediterranean residence. Positioned in a serene residential pocket, the property spans a generous 86 m² of internal living space, defined by its bright Northeast-East orientation that ensures the home is bathed in the soft morning light typical of the Costa del Sol. The layout is intelligently designed to separate private and social zones, featuring two well-proportioned bedrooms and two full bathrooms, providing a solid foundation for a contemporary redesign.

The centerpiece of this penthouse is undoubtedly the expansive 36 m² private terrace. This elevated outdoor sanctuary is currently configured with pergolas and a dedicated barbecue area, making it an ideal setting for al fresco dining or evening relaxation while soaking in the local scenery. Internally, the separate kitchen leads directly to a west-facing utility room, ensuring practical airflow and afternoon sun, while the spacious living and dining room serves as the transition point to the impressive outdoor space.

As a renovation project, the property presents a significant opportunity to add value through modern upgrades. The current condition requires a full overhaul of the flooring, kitchen, doors, and tiling, allowing the new owner to implement high-specification finishes that match the luxury standards of the surrounding New Golden Mile. This flexibility makes it particularly attractive for those looking to create a personalized aesthetic from the ground up.

Located in the heart of Cancelada, the apartment is perfectly situated for convenience and leisure. Residents are just a short five-minute drive from the region’s most prestigious beaches and renowned luxury hotels. Golf enthusiasts will find themselves within easy reach of top-tier courses, while the bustling centers of Marbella and Estepona are reachable in just 15 minutes. The proximity to local schools and essential services, combined with its strategic location between two major cities, ensures this property is as practical as it is promising for long-term appreciation.

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:86 m²

General

Type:Apartment
Region:CanceladaArea/Town:Cancelada
Asking Price

€ 269 000

Price per m²
€ 3 128 / m²

Investment Potential

Price per m²
€ 3 128 / m²
Comparison basis
33 · Cancelada
Median asking price per m²
€ 4 625 / m²
Typical range
€ 3 750 – 5 509 / m²
Ask more per m²
90 %
Same type & bedrooms
705 · Apartments · Bedrooms: 2 · Estepona & Casares
Median asking price
€ 425 000
Typical asking price
€ 325 000 – 550 000

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

€ 269 000
€
Transfer Tax (ITP 7%)€ 21 520
Notary & Registry Fees (est.)€ 2 200
Legal Fees€ 2 690
Total Taxes & Fees€ 26 410
Total Purchase Cost€ 295 410

Costs are approximate. Please consult a legal advisor.

Mortgage Calculator

Property Price (€)€ 269 000
Down Payment20% (€ 53 800)
%
years
Loan Amount€ 215 200
Monthly Payment€ 1 077,34
Required Monthly Income€ 3 591,14 / mo

Based on 30% of gross monthly income

Calculations are indicative. Please consult a financial advisor.

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EDN-25001·EUR 269 000€ 3 128/m²