EDENOVO

Land in Estepona

Land in Estepona - Main Photo
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EDN-10347
For Sale
Listed since Mar 21, 2026
—Bedrooms
—Bathrooms
—Built
—Views

Description

Discover an unparalleled investment prospect on the vibrant New Golden Mile with this prime urban plot in Cancelada, Estepona. This strategic land offering positions you at the heart of one of the Costa del Sol’s most dynamic growth areas, perfect for visionary developers or investors seeking significant returns. With its privileged location adjacent to the N-340, visibility is exceptional, ensuring easy access for future residents or commercial ventures. Imagine the potential here, crafting a landmark development that capitalizes on both residential demand and commercial opportunity in a highly sought-after locale.

This 594 m² plot in Cancelada boasts a desirable corner position, allowing for flexible architectural design and optimal space utilization. Urban planning permits construction across ground, first, and second floors. The unique arrangement involves the current owner retaining the ground floor for two commercial premises, covering their proportional construction costs. This means the sale encompasses the first and second floors, presenting a clear canvas for a new owner to develop compelling residential units or other compatible uses. The panoramic views from higher levels will undoubtedly enhance the appeal of any future construction.

The plot’s zoning allows for a diverse range of uses, with residential as the primary focus, ideal for crafting modern homes in a continually expanding market. Complementary uses include educational, cultural, and sports facilities, while compatible options extend to hotel, offices, retail, and hospitality. This versatility ensures a broad appeal for various investment strategies. With a maximum buildability of 2.04 m²t/m²s, the potential for a substantial and impactful project is significant, providing ample scope to maximize your investment in this flourishing area.

Location is a definitive advantage for this Cancelada plot. Residents and visitors will appreciate being just a 5-minute walk from pristine beaches, offering the quintessential Mediterranean lifestyle. For convenience, Estepona town centre is a mere 5-minute drive, while the glamorous Marbella is approximately 10 minutes away, strategically placing the development between two of the Costa del Sol's most important destinations. The immediate vicinity provides all essential amenities: large supermarkets, pharmacies, diverse restaurants, gyms, and excellent public transport links, enhancing the convenience and value proposition of this superb location.

This urban plot represents a superb opportunity to establish a significant residential or mixed-use project within a rapidly appreciating segment of the Costa del Sol. Its strategic position, excellent accessibility, and extensive urban development possibilities make it an astute choice for those looking to capitalize on the region’s sustained growth and high demand for quality properties.

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:— m²

General

Type:Plot / Land
Region:EsteponaArea/Town:Estepona
Asking Price

€ 950 000

Price per m²
—

Investment Potential

Rental yields are estimates based on local market data. Not guaranteed.

Purchase Cost Calculator

€ 950 000
€
Transfer Tax (ITP 7%)€ 84 000
Notary & Registry Fees (est.)€ 2 800
Legal Fees€ 9 500
Total Taxes & Fees€ 96 300
Total Purchase Cost€ 1 046 300

Costs are approximate. Please consult a legal advisor.

Mortgage Calculator

Property Price (€)€ 950 000
Down Payment20% (€ 190 000)
%
years
Loan Amount€ 760 000
Monthly Payment€ 3 804,74
Required Monthly Income€ 12 682,46 / mo

Based on 30% of gross monthly income

Calculations are indicative. Please consult a financial advisor.

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EDN-10347·EUR 950 000