New development · Costa del Sol · Estepona

HAIKU Suites

€505,000 to €675,000

2 beds · 94 to 102 m² built · Est. completion Q4 2028

Ref HT5150452Updated daily · Last sync 16 September 2026

About this property

Overview

HAIKU Suites offers two-bedroom apartments in Cancelada, the strip between Estepona town and San Pedro Alcántara known as the New Golden Mile. The built space runs from 94 to 102 square metres, which is ample for a couple or a small family. Terraces vary widely, from 19 square metres to 105 square metres, so you need to check which apartments have the larger outdoor space if that matters to you. The smallest terrace gives you a table and chairs. The largest can hold a full outdoor living room and a dining set with space left over. Layouts are open-plan, and the southwest orientation means afternoon light through the main rooms and onto the terrace.

The setting puts you between the AP-7 motorway and the sea. Playa de Guadalmansa is a 20 minute walk, which makes a daily swim realistic without needing the car. Flamingos Golf is a three minute drive, and San Pedro centre is 12 minutes away for restaurants and supermarkets. The International School of Estepona is a 10 minute drive, and Hospital Hospiten is nearby, both useful if you have children. This is not a beachfront location, so you do not step out onto sand, but you are close enough to walk when you want to.

The complex holds 36 apartments and 15 townhouses, so it is not large. Communal facilities include gardens, a pool, a gym, a spa and a lounge. Each apartment comes with a parking space and a storeroom. This suits buyers who want a manageable property near the beach without the higher prices of frontline developments, and who are comfortable with the motorway behind you and the need for a car for most errands.

Features

What this home includes

  • Pool
  • Private garden
  • Parking
  • Beachside

Property details

Specifications

Reference
HT5150452
Property type
Apartment
Bedrooms
2
Bathrooms
2
Built area
94 m² to 102 m²
Terrace
19 m² to 105 m²
Price range
€505,000 to €675,000
Est. completion
Q4 2028
Pool
Yes
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 Suites sits on the sea side of the AP-7, putting you between the motorway and the Mediterranean near Estepona. Playa de Guadalmansa is a 20 minute walk away, perfect for a quick morning swim. Flamingos Golf is just 3 minutes by car if you play regularly. Gibraltar Airport is 51 minutes away for those flying in, while San Pedro Alcántara town centre takes 12 minutes to reach for dining and shopping. The International School of Estepona and Hospital Hospiten de Estepona are both close by for families. This location suits buyers who want beach access without being right on the seafront, plus easy access to golf and local amenities.

18 questions answered

HAIKU Suites: Frequently Asked Questions

Playa de Guadalmansa is 1.6 kilometres away, about 20 minutes on foot. That distance makes a daily swim realistic without needing the car, though you will want to drive for variety or if you are carrying beach kit for children.

The International School of Estepona is 2.7 kilometres away, a 10 minute drive. Hospital Hospiten de Estepona is the same distance, about six minutes by car. A supermarket sits 1.5 kilometres from the development, four minutes in the car.

Each apartment has its own terrace, ranging from 19 to 105 square metres depending on which unit you choose. You also have access to communal gardens and a pool. The terrace is yours to arrange, and the gardens are maintained for you.

Flamingos Golf is 900 metres away, a three minute drive, so you can play regularly without long journeys. The setting between the motorway and the coast means you hear some road noise, and you need a car for most shopping and dining.

Gibraltar Airport is 44 kilometres away, about 51 minutes by car. Málaga Airport is the alternative, roughly an hour depending on traffic. Either distance works for second-home ownership, though neither suits a quick dash for a weekend flight.

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 apartments in the same city.

This Apartment

€5,372 / m²

€5,372 × 94 m² = €505,000 asking · entry unit

Comparable averages

  • Apartments & penthouses in Estepona

    39 active listings

    €6,189 / m²13% below market

Similar projects

More developments in Estepona

Etherna Homes II

Etherna Homes II

Estepona

From €269,000
Etherna Homes I

Etherna Homes I

Estepona

From €307,000
Eagle Hills

Eagle Hills

Estepona

From €320,000
BIRDIE HILLS

BIRDIE HILLS

Estepona

From €325,000
ABY MIDDLE

ABY MIDDLE

Estepona

From €330,000
Zenith Estepona

Zenith Estepona

Estepona

From €363,000
View all new developments

Newsletter · Every Friday

Track the Costa del Sol market without the noise.

Every Friday: the properties worth a second look, what prices are doing in Marbella and Estepona, and one honest take on the market. For buyers who are serious, but not ready to be sold to yet.

Join 1,200 buyers and investors already tracking the Costa del Sol.

David Los

Founder