EDENOVO

Penthouse Apartment in Cancelada

Penthouse Apartment in Cancelada - Main Photo
1 / 34
EDN-51035
For Sale
Listed since Jul 18, 2026
2Bedrooms
2Bathrooms
134 m²Built
Port ViewsViews

Description

Perched within the exclusive enclave of Cancelada, this sophisticated penthouse in The Residences offers a refined Mediterranean lifestyle. Positioned perfectly between Estepona and Marbella, the property captures the essence of elevated coastal living, providing a serene retreat for those who appreciate architectural elegance and panoramic Mediterranean vistas.

The interior layout is defined by its fluid transitions and abundant natural light. Two spacious bedrooms and two modern bathrooms are thoughtfully arranged to maximize privacy and comfort. The heart of the home is the open-plan living area, which integrates seamlessly with a expansive private terrace. This outdoor sanctuary serves as an additional living room, ideal for al fresco dining while overlooking the azure waters of the Costa del Sol.

Technical excellence and convenience are central to this property. Residents benefit from high-specification air conditioning, a dedicated storage room, and secure underground parking. Set within a premier gated community, the penthouse ensures peace of mind with 24-hour security and meticulously landscaped communal areas that reflect the high standards of the New Golden Mile.

The location is a paradise for enthusiasts of the outdoors and convenience. Within minutes, you can reach prestigious golf courses, vibrant marinas, and pristine beaches. The surrounding infrastructure includes international schools and high-end shopping, making it a practical choice for permanent residency or a high-yielding investment in a growing luxury market.

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:134 m²

General

Type:Apartment / PenthouseCondition:Excellent Condition

Views

Port ViewsStreet Views

Security

Gated Complex

Climate

Air Conditioning

Features

PoolGarageGarden
Region:CanceladaArea/Town:Cancelada

Setting

Close To GolfClose To ShopsClose To SeaClose To SchoolsUrbanisation
Asking Price

€ 730 000

Price per m²
€ 5 448 / m²

Investment Potential

Price per m²
€ 5 448 / m²
Comparison basis
33 · Cancelada
Median asking price per m²
€ 4 625 / m²
Typical range
€ 3 750 – 5 509 / m²
Ask more per m²
25 %
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

€ 730 000
€
Transfer Tax (ITP 7%)€ 62 000
Notary & Registry Fees (est.)€ 2 800
Legal Fees€ 7 300
Total Taxes & Fees€ 72 100
Total Purchase Cost€ 802 100

Costs are approximate. Please consult a legal advisor.

Mortgage Calculator

Property Price (€)€ 730 000
Down Payment20% (€ 146 000)
%
years
Loan Amount€ 584 000
Monthly Payment€ 2 923,64
Required Monthly Income€ 9 745,47 / mo

Based on 30% of gross monthly income

Calculations are indicative. Please consult a financial advisor.

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EDN-51035·EUR 730 000€ 5 448/m²