About this property
Overview
Edificio Serena is a twelve-home block of one-bedroom apartments in Cancelada, a village between Estepona and Marbella that has kept its local character while coastal development has spread around it. The building sits on the sea side of the motorway, just under 800 metres from Playa del Sol Villacana. You can walk to the beach in ten minutes or drive in three.
The apartments range from 63 to 80 square metres of built space, and each includes a single bedroom and bathroom. Terraces are unusually generous, measuring 93 square metres. That size suits buyers who want outdoor living space rather than a token balcony. The design favours clean lines and large windows to bring natural light into rooms that might otherwise feel modest. These are practical homes for a couple, or for single occupancy, or as a lock-up-and-leave base for regular visits. Families needing more than one bedroom should look elsewhere.
Cancelada gives you direct access to the coast without sitting in one of the denser resort strips. Club de Golf El Coto de la Serena is four minutes away by car, and Puerto Banús marina is twelve minutes in the other direction. The village has its own primary school one minute away, and San Pedro town centre is ten minutes by car for larger supermarkets and services. Gibraltar Airport is 50 minutes away, which makes this location workable if you fly in and out often. The setting suits buyers who want a coastal address with a village around it, not a tower in a resort complex.
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Features
What this home includes
- Beachside
Property details
Specifications
- Reference
- HT5336179
- Property type
- Apartment
- Bedrooms
- 1
- Bathrooms
- 1
- Built area
- 63 m² to 80 m²
- Terrace
- 93 m²
- Price range
- €223,370 to €323,080
- Est. completion
- Q2 2027
- Beach side
- Yes
- Area
- Cancelada
- City
- Estepona
- Coast
- Costa del Sol
What's Nearby
Location
Cancelada, Estepona
Location shown is the development site. This development is in CanceladaEstepona.
Edificio Serena sits on the sea side of the AP-7, just 794 metres from Playa del Sol Villacana. The beach is a 10 minute walk or 3 minute drive away. Gibraltar Airport is 50 minutes away by car, making this a practical base for regular travellers. Club de Golf El Coto de la Serena is 4 minutes away by car, and Puerto Deportivo José Banus marina is 12 minutes away. The area has good schools nearby, including Colegio Público Cancelada just 1 minute away, and San Pedro Alcántara town centre is 10 minutes by car. This location suits families who want beach access and golf, as well as holiday buyers looking for a coastal base on the Costa del Sol.
18 questions answered
EDIFICIO SERENA: Frequently Asked Questions
How far is the beach and can you walk there?
Playa del Sol Villacana is 800 metres away, a ten-minute walk or three minutes by car. The building sits on the sea side of the motorway, so you cross no major roads to reach the sand. That distance makes the beach accessible on foot for most buyers, though you may prefer to drive if carrying beach equipment or returning in midday heat.
What size are the apartments?
Built space runs from 63 to 80 square metres, and every apartment has one bedroom and one bathroom. The terraces measure 93 square metres, which is larger than the indoor floor area in most units. That terrace size suits buyers who spend more time outdoors than in, but the single bedroom limits these homes to couples or individuals.
What is nearby for families?
Colegio Público Cancelada is one minute away by car, and The International School of Estepona is eight minutes. Hospital Hospiten de Estepona is five minutes by car, and a supermarket is two minutes. Cancelada is a working village rather than a resort, so you have local services without travelling to San Pedro or Estepona for routine shopping.
How far is Gibraltar Airport?
Gibraltar Airport is 44 kilometres away, a drive of 50 minutes. That journey time makes regular weekend visits workable, though not as straightforward as being within half an hour of the terminal. The airport serves fewer destinations than Málaga, but the shorter drive from Cancelada can offset that if your route is covered.
What does the golf setting mean in practice?
Club de Golf El Coto de la Serena is 1.4 kilometres away, about four minutes by car. You are close enough to play regularly without living on a golf resort, which means lower community fees and a neighbourhood that exists for reasons other than the course. Cancelada itself is a village, so the golf is an amenity rather than the reason the place exists.
How does buying off-plan work in Spain?
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.
Are my deposits protected if the developer goes bust?
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.
What building guarantees come with a new-build?
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.
What taxes apply to new-build property in Spain?
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.
Can I customise finishes and layout before completion?
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.
How long will construction take?
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.
What should I check before signing an off-plan contract?
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.
Do I need a NIE and Spanish bank account to buy off-plan?
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.
Can non-residents get a Spanish mortgage?
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.
Should I get pre-approval before viewing?
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.
What taxes will I pay buying a property in Cancelada?
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.
What ongoing costs should I expect?
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.
Are agent fees paid by the buyer or seller?
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
€3,546 / m²
€3,546 × 63 m² = €223,370 asking · entry unit
Comparable averages
Apartments & penthouses in Cancelada
3 active listings
€4,276 / m²17% below market
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