New development · Costa del Sol · Estepona

HAIKU Residences

€962,000 to €1,165,000

3 beds · 248 to 259 m² built · Est. completion 2028-12-31

Ref HT5150455

Updated daily · Last sync 2026-06-14T21:50:31.046934+00:00

About this property

Overview

HAIKU Residences is a new development of 3-bedroom townhouses for sale in Estepona, Costa del Sol, priced from €962,000 to €1,165,000. The project forms part of a larger 51-unit complex in Cancelada on Estepona's New Golden Mile, with the townhouses representing just 15 of the total homes. This scale allows the development to support facilities typically associated with larger schemes whilst maintaining the low-density character that has made this stretch of coast increasingly attractive to Northern European buyers seeking space without the density of central Marbella.

Each townhouse measures between 248 and 259 m² of built space across three bedrooms and two bathrooms. All units face southwest with open-plan interiors and floor-to-ceiling glazing designed to capture views across the Mediterranean and inland towards Sierra Bermeja. Terraces are described as spacious, though exact dimensions are not specified in the project data. The development includes a communal pool, spa, gym, and a residents' lounge, alongside Mediterranean gardens and walking paths. Each property comes with one parking space and a storage room. Finishes follow a contemporary specification with an emphasis on natural light and indoor-outdoor flow, consistent with the architectural approach across the wider Costa del Sol new build market.

Cancelada sits roughly midway between Estepona town centre and Puerto Banús, approximately 12 minutes by car from either. The area has shifted from agricultural land to residential development over the past 15 years, attracting families and semi-permanent residents from the UK, Scandinavia, and Germany who value proximity to international schools and golf courses without the price premiums of beachfront Marbella or Sotogrande. The New Golden Mile designation refers to the A-7 coastal road between San Pedro de Alcántara and Estepona, now lined with gated communities and commercial centres. HAIKU Residences is set back from the coast, meaning no direct beach access, but the trade-off is quieter surroundings and larger plot sizes than equivalent developments closer to the shore.

This is an off-plan project with construction timelines and completion dates to be confirmed directly with the developer. Spanish new build purchases typically require a reservation deposit of €6,000 to €10,000, followed by stage payments tied to construction milestones, with the balance due on completion when keys are handed over. All payment schedules and contract terms should be reviewed with an independent Spanish property lawyer before any commitment. Buyers should note that the €962,000 to €1,165,000 range reflects position within the development and any optional upgrades, with final pricing dependent on unit selection and specification choices made during the reservation process.

Features

What this home includes

  • Private garden
  • Parking
  • Beachside

Property details

Specifications

Reference
HT5150455
Property type
Townhouse
Bedrooms
3
Bathrooms
2
Built area
248 m² to 259 m²
Terrace
90 m² to 106 m²
Plot size
15 m² to 48 m²
Price range
€962,000 to €1,165,000
Completion
2028-12-31
Garden
Yes
Garage
Yes
Beach side
Yes
City
Estepona
Coast
Costa del Sol

What's Nearby

Playa de Guadalmansa
20 minwalk
Flamingos Golf
3 mindrive
Puerto Deportivo José Banus
13 mindrive
The International School of Estepona
10 mindrive
Colegio Público Cancelada
1 mindrive
Mercadona
4 mindrive
Lidl
18 minwalk
ALDI
7 mindrive
Carrefour
11 mindrive
Hospital Hospiten de Estepona
6 mindrive
Pharmacy
11 minwalk
Mustang
9 mindrive
San Pedro Alcántara
12 mindrive
6 restaurants & bars
within 12 minwalk
Málaga Airport (AGP)
65 mindrive
Gibraltar Airport (GIB)
51 mindrive
Beachside, south of the coastal road (A-7), close to the Mediterranean.

Location

Estepona

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

HAIKU Residences sits on the sea side of the AP-7, between the motorway and the Mediterranean. Playa de Guadalmansa is a 20 minute walk or 7 minute drive away. You can reach Gibraltar Airport in 51 minutes by car. Flamingos Golf is just 3 minutes away by car, and The International School of Estepona is 10 minutes by drive. This location works well for families wanting beach access, golfers, and anyone who values easy connections to both the coast and essential services.

18 questions answered

HAIKU Residences: Frequently Asked Questions

HAIKU Residences townhouses range from €962,000 to €1,165,000, depending on the specific unit and finishes you select. Each property at HAIKU Residences includes a private garden and private garage as part of the purchase, so you're getting secure parking and outdoor space built into the price.

HAIKU Residences is located beachside in Estepona on the Costa del Sol, giving you direct access to the shoreline. The beach-side location means you can walk to the sand and sea from your townhouse, which is a major draw for buyers looking for that coastal lifestyle.

Each townhouse at HAIKU Residences is built between 248 and 259 square metres, providing generous living space across three bedrooms. This size range gives you enough room for a family or a comfortable second home without excessive maintenance.

Every townhouse at HAIKU Residences comes with a private garden, giving you your own outdoor area to relax or entertain. You also get a private garage included, so you have secure covered parking right at your property.

HAIKU Residences is expected to be completed by the end of 2028, so you're looking at a 2028 delivery date for your townhouse. This timeline gives you time to arrange your finances and plan your move to the Costa del Sol.

Buying off-plan in Estepona 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 townhouses in the same city.

This Townhouse

€3,879 / m²

€3,879 × 248 m² = €962,000 asking · entry unit

Comparable averages

  • New developments in Estepona

    63 active listings

    €6,166 / m²37% below market

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HAIKU Residences

Estepona · From €962,000 · 3 bed · Completing Q4 2028

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