
Commercial in Cancelada




Description
This high-yield commercial investment opportunity is strategically located in the heart of Cancelada, Estepona. The standalone building offers a modern mixed-use configuration, perfectly positioned to capture the growing demand of the New Golden Mile.
The property spans 2,163 m² and features 11 high-quality apartments, ranging from functional one-bedroom lofts to spacious three-bedroom units. Additionally, the ground floor houses three expansive commercial premises totaling 400 m², providing a diverse revenue stream from both residential and retail tenants.
Residents enjoy premium amenities including a rooftop swimming pool with panoramic views, solar energy systems for efficiency, and secure underground parking with storage rooms for every unit. The building is serviced by a modern elevator and features full air conditioning throughout.
Currently operating at a 6% rental yield, this fully occupied asset is walking distance to local shops and just minutes from prestigious golf courses and Mediterranean beaches. It represents a stabilized turnkey operation for sophisticated portfolios.
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.
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€ 5 000 000
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Costs are approximate. Please consult a legal advisor.
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Based on 30% of gross monthly income
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Estepona & Casares GuideSimilar Properties
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