New development · Costa del Sol · Estepona

Aire

€487,500 to €922,000

2 to 3 beds · 103 to 150 m² built · Est. completion Q2 2028

Ref HT5375776Updated daily · Last sync 26 August 2026

About this property

Overview

Aire in Cancelada gives you two or three bedroom apartments with built areas from 103 to 150 square metres and terraces stretching from 29 to 51 square metres. The smallest homes suit couples or small families wanting a permanent base near the coast, while the larger three bedroom layouts work for families who need separate spaces or a dedicated home office. Ground floor apartments come with private gardens, and the penthouses at the top of the range offer the widest views across the Mediterranean and the mountains inland. Each home includes a storage room and parking space in the garage.

The development sits on the sea side of the AP-7 motorway in Cancelada, which puts the beach within reach but keeps the main highway close for longer journeys. A Lidl supermarket is a six minute drive or a 20 minute walk, covering daily shopping without needing to head into a larger town. The surrounding area has become known for golf, with Flamingos Golf, Cancelada Club Golf, El Campanario and Atalaya Golf all nearby, so if you play regularly this location gives you variety without long drives. For riders, the Costa del Sol School of Equestrian Art is also close by.

The complex has a communal pool, an indoor gym, an outdoor sports area, and access to the Cancelada Club House with its spa, sauna and café. North and west orientations mean the apartments avoid the full afternoon sun in summer, which keeps indoor temperatures more comfortable but also means less direct light in the cooler months. The setting works well for buyers who want coastal access and motorway convenience, but it will not suit anyone looking for a quiet rural retreat or a beachfront location where you can walk to the water in minutes.

Features

What this home includes

  • Pool
  • Private garden
  • Parking
  • Sea view
  • Beachside

Property details

Specifications

Reference
HT5375776
Property type
Apartment
Bedrooms
2 to 3
Bathrooms
2
Built area
103 m² to 150 m²
Terrace
29 m² to 51 m²
Plot size
44 m²
Price range
€487,500 to €922,000
Est. completion
Q2 2028
Pool
Yes
Garden
Yes
Garage
Yes
Beach side
Yes
Sea view
Yes
Area
Cancelada
City
Estepona
Coast
Costa del Sol

What's Nearby

Playa de Guadalmansa
7 mindrive
Mercadona
6 mindrive
Lidl
6 mindrive
ALDI
8 mindrive
Pharmacy
12 minwalk
Mustang
11 mindrive
6 restaurants & bars
within 12 minwalk
Málaga Airport (AGP)
66 mindrive
Gibraltar Airport (GIB)
53 mindrive
Beachside, south of the coastal road (A-7), close to the Mediterranean.

Location

Cancelada, Estepona

Location shown is the development site. This development is in CanceladaEsteponaCosta del Sol.

Aire is on the sea side of the AP-7 in Cancelada, placing it between the motorway and the Mediterranean. This location puts you close to the coast while keeping the main highway nearby for easy access. Gibraltar Airport is 43.6km away, a 53 minute drive. A Lidl supermarket is just 6 minutes away by car or a 20 minute walk for daily shopping. The position here suits buyers who want coastal living without being isolated, and those who value quick motorway access for exploring the wider Costa del Sol.

18 questions answered

Aire: Frequently Asked Questions

Playa de Guadalmansa is 1.7 kilometres away, about seven minutes by car. The development sits on the sea side of the AP-7 motorway, so while the coast is close, this is not a beachfront location where you can walk to the water in a few minutes. You will need a car for regular beach trips.

Built areas run from 103 to 150 square metres across two and three bedroom layouts, and every home includes a terrace measuring between 29 and 51 square metres. Ground floor apartments come with private gardens, and penthouses occupy the top of the size range with the widest outdoor spaces and views.

Homes face north and west, offering sea views across the Mediterranean and mountain views inland. The penthouses in particular give panoramic sightlines, while other apartments look over the communal gardens and pool. The orientation avoids the full afternoon sun in summer, keeping interiors cooler but reducing direct light in winter.

The area works well for permanent residence because a supermarket is six minutes away by car, the AP-7 motorway gives direct access to Marbella and Estepona, and several golf courses are nearby. Cancelada has grown into a residential neighbourhood rather than a purely tourist zone, so essential services are within reach throughout the year.

Gibraltar Airport is 44 kilometres from the development, about 53 minutes by car on a clear run. That distance makes it workable for lock-up-and-leave use, though Málaga Airport is the larger hub and may offer more flight options depending on your home country.

Buying off-plan in Cancelada means reserving a property before or during construction. You pay a reservation deposit (typically €6,000 to €12,000), then sign a private purchase contract within 30 days and pay a further 10 to 20% of the purchase price. Staged payments follow the construction milestones. The final 60 to 70% is paid at notary completion when the keys are handed over.

Under Spanish law (Law 57/1968 and its 2015 successor), all off-plan deposits must be covered by a bank guarantee or insurance policy. Your lawyer must verify this before you pay any money. If the developer fails to deliver, you can claim 100% of your deposit plus 6% annual interest. Never transfer funds without a confirmed guarantee in your name.

Spanish law mandates three tiers: a 10-year structural guarantee (Seguro Decenal) for serious structural defects, a 3-year guarantee for habitability issues (waterproofing, insulation, installations), and a 1-year guarantee on finishes and fixtures. These run from the date the licence of first occupation (licencia de primera ocupación) is issued.

New-build purchases are subject to 10% IVA (VAT) on the purchase price, plus 1.2% AJD (stamp duty) in Andalucía. Parking spaces or storage sold separately may attract 21% IVA. Add notary, land registry and legal fees (1 to 2%), budget 12 to 15% on top of the purchase price in total acquisition costs.

Most developers allow personalisation during the early construction phase, choices of floor tiles, kitchen units, bathroom fixtures, paint colours and sometimes layout tweaks. The window for changes is typically 3 to 6 months after signing the contract. Structural changes are rarely possible once work has started. Your sales representative will provide a customisation deadline and specification sheet.

Typical build time in coastal Spain is 18 to 30 months from licence grant to completion. Delays of 3 to 6 months are common due to weather, supply-chain or permit issues. Your contract should specify a longstop completion date and the compensation you are owed for any overrun. Always check whether the building licence has already been granted before reserving.

Key due-diligence points: (1) confirm the building licence is granted, not just applied for; (2) verify all deposits are bank-guaranteed in your name; (3) check the developer's track record and financial standing; (4) review the specification sheet and what is included in the price; (5) confirm the estimated completion date and longstop clause; (6) have an independent Spanish lawyer review the contract before you sign anything.

Yes, both are required before the final notary signing. You can reserve with a passport, but your Spanish NIE (foreigner tax number) is needed for the private purchase contract and your Spanish bank account for the staged transfers. Your lawyer can obtain your NIE with a power of attorney in 2 to 4 weeks. Open the bank account on your first trip to Spain or remotely via certain Spanish banks.

Yes. Spanish banks lend to non-residents at typical LTVs of 60 to 70% of the lower of purchase price or valuation (vs 80% for residents). Rates are competitive with the rest of the eurozone. You will need 6 months of bank statements, tax returns and proof of income, pre-approval takes 2 to 4 weeks.

Recommended for serious buyers. A mortgage in principle confirms your budget, signals credibility to sellers and shortens completion. We can introduce you to specialist non-resident mortgage brokers familiar with the local market.

Resale property in Andalucía: ITP (transfer tax) at 7%. New-build: 10% IVA + 1.2% AJD (stamp duty). Plus notary, land registry and legal fees of roughly 1 to 2%. Budget 10 to 13% on top of the asking price for total acquisition costs.

Annual IBI (council tax) is typically 0.4 to 1.1% of cadastral value. Community fees on apartments and gated villas range €100 to €600/month depending on amenities. Non-resident owners pay an annual income tax based on cadastral value, plus utilities and home insurance.

In Spain the seller pays the agent commission (typically 3 to 6% + VAT), already baked into the asking price. Buyers do not pay agent fees on resale or new-build.

Market context

How it sits in the market

Live €/m² comparisons from current inventory of similar apartments in the same city.

This Apartment

€4,733 / m²

€4,733 × 103 m² = €487,500 asking · entry unit

Comparable averages

  • Apartments & penthouses in Cancelada

    3 active listings

    €4,012 / m²18% above market

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