New development · Costa del Sol · Estepona

OCEANA GARDENS II - KEY READY

From €444,000

3 beds · 128 m² built · Est. completion 2024-11-01

Ref HT4839673

Updated daily · Last sync 2026-06-14T21:50:29.468042+00:00

About this property

Overview

OCEANA GARDENS II - KEY READY is a new development of 3-bedroom ground floor apartments for sale in Estepona, Costa del Sol, priced at €444,000. This is a key-ready project, meaning buyers can complete and move in immediately rather than waiting through a construction timeline. The development sits on Estepona's so-called Golden Mile, a stretch of coastline west of the town centre that has seen significant residential investment over the past decade. Each apartment holds DOMUM certification, a Spanish sustainability standard that assesses energy efficiency, water manaoptionent, and material sourcing. The southwest-facing orientation delivers afternoon and evening sun across the terraces.

Each ground floor apartment measures 128 m² of built space and includes three bedrooms, two bathrooms, and a private terrace. The development provides an outdoor swimming pool, a fully equipped gym, and a coworking space. There are also two petanque courts, a dedicated sports area, and a cycle path running through the grounds. Buyers gain access to the Santa Vista Club, a separate members' facility offering additional leisure amenities and services, though specific details of that club should be confirmed directly with the developer. The architecture is contemporary, with clean lines and large glazed sections to maximise natural light. Finishes are described as high quality, though prospective buyers should request a full specification list during viewings to understand exactly what is included at this price point.

The development is within walking distance of Cancelada, a small inland village that has grown substantially in recent years due to new residential construction. Cancelada offers a handful of restaurants, a weekly market, and a Mercadona supermarket. Several golf courses are nearby, including El Campanario and Atalaya Golf & Country Club, both less than 10 minutes by car. The area attracts a mix of northern European buyers, many of whom are looking for year-round residence rather than holiday use, and families who prefer the lower density and quieter pace compared to central Marbella or Puerto Banús. Estepona town centre, with its renovated old quarter and beachfront promenade, is approximately 8 kilometres to the west. The AP-7 motorway is easily accessible, placing Marbella 15 minutes away and Málaga airport around 50 minutes in normal traffic. This is not a beachfront location. The nearest beach access is roughly 2 kilometres from the development.

This is a completed, key-ready project, so the standard Spanish off-plan payment structure does not apply. Buyers should expect to pay a reservation deposit to secure the unit, with the balance due on completion, though exact terms will be set out in the purchase contract. Independent legal representation is strongly recommended to review all documentation, confirm that the DOMUM certification is registered, and verify what is included in the Santa Vista Club membership. Ground floor apartments in this area typically appeal to buyers who want direct garden access and ease of movement without relying on lifts.

Features

What this home includes

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

Property details

Specifications

Reference
HT4839673
Property type
Ground Floor Apartment
Developer
SUP-E9 NORTE CANCELADA
Bedrooms
3
Bathrooms
2
Built area
128 m²
Terrace
38 m²
Price range
€444,000
Completion
2024-11-01
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
23 minwalk
Flamingos Golf
7 mindrive
Puerto Deportivo José Banus
16 mindrive
The International School of Estepona
12 mindrive
Colegio Público Cancelada
4 mindrive
Mercadona
7 mindrive
Lidl
7 mindrive
ALDI
9 mindrive
Hospital Hospiten de Estepona
8 mindrive
Pharmacy
14 minwalk
Mustang
12 mindrive
San Pedro Alcántara
14 mindrive
150 restaurants & bars
within 10 mindrive
Málaga Airport (AGP)
67 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.

Oceana Gardens II sits on the sea side of the AP-7, just 1.9km from Playa de Guadalmansa. You can walk to the beach in 23 minutes or drive in 8. Gibraltar Airport is 44km away, about 53 minutes by car. Flamingos Golf is a short 7-minute drive, and The International School of Estepona is 12 minutes away. Hospital Hospiten de Estepona is close at 8 minutes if you need medical care. This location works well for families wanting beach access and golf nearby, plus good schools and healthcare.

18 questions answered

OCEANA GARDENS II - KEY READY: Frequently Asked Questions

At Oceana Gardens II, the starting price of €444,000 covers a fully finished 3-bedroom ground floor apartment of 128 m² with a private garden and private garage. All units come with either a private or communal pool access, and the property is key ready, meaning you can move in immediately upon completion without additional finishing work.

Oceana Gardens II is situated in Cancelada on the Costa del Sol, in a beach-side location that gives residents direct access to the coastline. The development's position means you're close to local amenities while enjoying the proximity to the Mediterranean Sea.

Oceana Gardens II offers 3-bedroom ground floor apartments with a built size of 128 m², providing spacious family accommodation. Each unit includes a private garden, making these ground floor properties at Oceana Gardens II particularly attractive for those wanting outdoor space.

Yes, Oceana Gardens II units feature sea views as part of their beach-side location in Cancelada. Combined with the private garden and pool access, the sea views make these apartments at Oceana Gardens II highly desirable for those seeking coastal living.

Oceana Gardens II is expected to be completed and key ready on November 1st, 2024. This means you can plan your move to this Costa del Sol development well in advance, with the developer SUP-E9 NORTE CANCELADA delivering the project on 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

€3,469 / m²

€3,469 × 128 m² = €444,000 asking · entry unit

Comparable averages

  • Apartments & penthouses in Cancelada

    5 active listings

    €4,164 / m²17% below market

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OCEANA GARDENS II - KEY READY

Estepona · From €444,000 · 3 bed · Completing Q4 2024

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