EDENOVO

Residential Plot in Cancelada

Residential Plot in Cancelada - Main Photo
1 / 5
EDN-14497
For Sale
Listed since Mar 21, 2026
—Bedrooms
—Bathrooms
1140 m²Built
Sea ViewsViews

Description

Discover an exceptional investment opportunity in the heart of the New Golden Mile. This residential plot in Cancelada spans 1,140 m² and is perfectly positioned just 250 meters from the renowned Hotel Villa Padierna. The elevated topography ensures that any future villa built here will enjoy panoramic sea views and sweeping vistas of the surrounding golf courses, blending Mediterranean tranquility with upscale living.

With a buildable allowance of 260 m², the land offers ample space for a bespoke architectural project. The terrain allows for a multi-level residence that maximizes natural light and the stunning scenery of Estepona. Because the plot is part of a paused development project, it represents a strategic entry point into an elite neighborhood at a price that reflects its current stage of infrastructure.

Technical readiness includes existing sewage connections, though final paving and utility hookups for water and electricity are currently pending. This status allows for significant negotiation room for savvy developers. The plot is situated within an established urbanisation, ensuring a sense of community while maintaining the privacy of a country setting.

The location is unparalleled for golf enthusiasts and families alike. Beyond the immediate proximity to world-class fairways, the town of Cancelada is within easy reach, offering authentic Spanish charm, schools, and essential services. This plot for sale in Estepona serves as a blank canvas for those looking to secure a high-value asset in one of the Costa del Sol's most prestigious corridors.

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:1140 m²Plot:1140 m²

General

Type:Plot / Residential PlotCondition:Excellent ConditionOrientation:South Facing

Views

Sea ViewsMountain ViewsGolf ViewsCountry ViewsPanoramic ViewsGarden ViewsForest Views

Features

Sea view
Region:CanceladaArea/Town:Cancelada

Setting

Close To GolfClose to TownUrbanisation
Asking Price

€ 475 000

Price per m²
€ 417 / m²

Investment Potential

Price per m²
€ 417 / m²

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

Purchase Cost Calculator

€ 475 000
€
Transfer Tax (ITP 7%)€ 38 750
Notary & Registry Fees (est.)€ 2 200
Legal Fees€ 4 750
Total Taxes & Fees€ 45 700
Total Purchase Cost€ 520 700

Costs are approximate. Please consult a legal advisor.

Mortgage Calculator

Property Price (€)€ 475 000
Down Payment20% (€ 95 000)
%
years
Loan Amount€ 380 000
Monthly Payment€ 1 902,37
Required Monthly Income€ 6 341,23 / mo

Based on 30% of gross monthly income

Calculations are indicative. Please consult a financial advisor.

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EDN-14497·EUR 475 000€ 417/m²