New development · Costa del Sol · Estepona

EDIFICIO SERENA

€221,145 to €323,080

1 bed · 63 to 80 m² built · Est. completion 2027-05-31

Ref HT5336179

Updated daily · Last sync 2026-06-14T21:50:32.255148+00:00

About this property

Overview

EDIFICIO SERENA is a new development of 1-bedroom ground floor apartments for sale in Estepona, Costa del Sol, priced from €221,145 to €323,080. The project comprises just 12 units, making it one of the smaller-scale residential launches in the Cancelada area this year. This limited inventory appeals to buyers seeking a more intimate community rather than the large-scale complexes that dominate much of the western Costa del Sol. The architectural approach favours clean lines, pale exterior tones, and oversized windows designed to maximise daylight penetration throughout the day.

Each apartment offers 63 to 80 m² of built space, with one bedroom and one bathroom. Ground floor positioning means direct access from street or communal areas, though the data does not confirm whether private terraces or garden access form part of the specification. The supplier description emphasises functionality and spatial efficiency, suggesting layouts that avoid wasted corridor space. Natural light is a recurring design theme, with window sizing prioritised over decorative elements. No communal pool, gym, or parking allocation is confirmed in the available data, so buyers should verify these details directly with the developer before proceeding.

Cancelada sits roughly midway between Estepona town and San Pedro de Alcántara, approximately 6 kilometres inland from the coast. The AP-7 motorway provides quick access to Marbella (15 minutes east) and Estepona centre (10 minutes west), making this a practical base for buyers who work remotely or split time between coastal and inland activities. The area has developed rapidly over the past decade, attracting a mix of permanent Spanish residents, northern European retirees, and younger buyers priced out of beachfront zones. Cancelada retains a village structure with local bakeries, pharmacies, and a weekly market, though it lacks the pedestrian density or evening restaurant culture found in Estepona's old town. Buyers should note that a car is essential here; walkability to services exists but distances are not trivial, and summer heat makes regular walking impractical for many.

Construction completion is expected within 12 months, placing this project in the under-construction category. Spanish new build purchases typically require a reservation deposit to secure a unit, followed by stage payments tied to construction milestones, with the final balance due on completion when keys are handed over. All payment amounts and schedules must be confirmed directly with the developer, as these vary by project and unit. Independent legal representation is strongly recommended to review contracts, verify planning permissions, and ensure bank guarantees are in place. At this price point, EDIFICIO SERENA represents one of the more accessible entry opportunities into new construction on the western Costa del Sol, though buyers should clarify whether service charges will apply given the modest scale of communal facilities.

Features

What this home includes

  • Beachside

Property details

Specifications

Reference
HT5336179
Property type
Ground Floor Apartment
Bedrooms
1
Bathrooms
1
Built area
63 m² to 80 m²
Terrace
93 m²
Price range
€221,145 to €323,080
Completion
2027-05-31
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

The price range of €221,145 to €323,080 at EDIFICIO SERENA covers the ground floor apartment itself with built sizes between 63 and 80 square metres, depending on the specific unit you choose. All units come with direct beach-side access, which is a major feature of this development. Additional amenities and what's included in communal areas will be detailed in your purchase agreement.

EDIFICIO SERENA is located in Cancelada on the Costa del Sol, one of Spain's most sought-after coastal areas. The development sits right on the beach, giving residents immediate access to the Mediterranean Sea and the local beach lifestyle. Cancelada is a well-established coastal town with restaurants, shops, and services within walking distance.

EDIFICIO SERENA offers 1-bedroom ground floor apartments with built sizes ranging from 63 to 80 square metres. The variation in size allows you to choose a unit that fits your needs and budget within the €221,145 to €323,080 price range. Each apartment is a ground floor unit, which means direct access to the beach area.

The standout feature of EDIFICIO SERENA is its beach-side location on the Costa del Sol, offering ground floor residents direct access to the Mediterranean and the beach. Being right on the waterfront means you wake up to sea views and can enjoy the beach lifestyle as part of your daily living. This proximity to the beach is rare in new developments and adds significant value to the property.

EDIFICIO SERENA is expected to be completed in May 2027, giving you a clear timeline for when you can take possession of your ground floor apartment. This completion date allows the developers to ensure quality construction while delivering the project within a reasonable timeframe. You'll be able to plan your move and investment accordingly with this confirmed delivery schedule.

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 ground floor apartments in the same city.

This Ground floor apartment

€3,510 / m²

€3,510 × 63 m² = €221,145 asking · entry unit

Comparable averages

  • Apartments & penthouses in Cancelada

    5 active listings

    €4,156 / m²16% below market

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EDIFICIO SERENA

Estepona · From €221,145 · 1 bed · Completing Q2 2027

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