New development · Costa del Sol · Estepona

EDIFICIO SERENA

€223,370 to €323,080

1 bed · 63 to 80 m² built · Est. completion Q2 2027

Ref HT5336179Updated daily · Last sync 26 August 2026

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.

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

Playa del Sol Villacana
10 minwalk
Club de Golf El Coto de la Serena
4 mindrive
Puerto Deportivo José Banus
12 mindrive
The International School of Estepona
8 mindrive
Colegio Público Cancelada
1 mindrive
Lidl
11 minwalk
ALDI
5 mindrive
Carrefour
9 mindrive
Dia
9 mindrive
Hospital Hospiten de Estepona
5 mindrive
Farmacia Cancelada
1 minwalk
Mustang
8 mindrive
San Pedro Alcántara
10 mindrive
11 restaurants & bars
within 12 minwalk
Málaga Airport (AGP)
63 mindrive
Gibraltar Airport (GIB)
50 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.

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

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.

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.

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.

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.

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.

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

€3,546 / m²

€3,546 × 63 m² = €223,370 asking · entry unit

Comparable averages

  • Apartments & penthouses in Cancelada

    3 active listings

    €4,408 / m²20% below market

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