For sale · Costa del Sol · Estepona
Available2-Bed Penthouse in Oceana Views, Estepona
Residential complexOceana ViewsGated community
€589,000
2 beds · 2 baths · 122 m² built
Ref HT5484361Updated daily · Last sync 26 October 2026
About this property
Overview
Two-bedroom penthouse with private pool in Cancelada, Costa del Sol. Built in 2023, this top-floor residence delivers 62 square metres of interior space paired with a 60-square-metre terrace that wraps around the southwest and west elevations, capturing afternoon sun and evening light across the Mediterranean horizon. The private rooftop pool anchors the outdoor space, creating a self-contained retreat above the complex.
Inside, the open-plan layout connects the living area to the terrace through full-width glazing, while two double bedrooms each include fitted wardrobes and en-suite bathrooms finished in contemporary materials. The kitchen features integrated appliances and stone worktops. Southwest orientation floods the main living spaces with natural light from midday onwards. Air conditioning runs throughout both bedrooms and the living area, and one underground parking space is included in the sale. Furniture can be negotiated separately if required.
Oceana Views provides residents with a communal swimming pool, landscaped gardens, and a fully equipped gym within the gated complex. The development sits in Cancelada, positioned between the coastal road and the A-7, with Puerto Banús marina 8 kilometres east along the coast. Local amenities in Cancelada village centre lie within a 5-minute walk, including supermarkets, restaurants, and a medical centre. Marbella town centre is a 12-minute drive, while Estepona's old quarter can be reached in 10 minutes heading west.
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Features
What this home includes
- Alarm system
- Beach view
- Countryside view
- Mountain view
- Panoramic view
- Pool view
- Sea view
- Solarium
- Air conditioning
- Double glazing
- Fitted kitchen
- Fitted wardrobes
- Storage room
- Garage
- Private parking
- Fibre internet
- Close to schools
- Close to the sea
- Close to town
- Urbanisation
Property details
Specifications
- Property type
- Penthouse
- Subtype
- Penthouse
- Bedrooms
- 2
- Bathrooms
- 2
- Built area
- 122 m²
- Parking spaces
- 1
- Pool
- Yes
- Gated community
- Yes
- Sea view
- Yes
- Orientation
- South West, West
- Energy rating
- E
- Complex
- Oceana Views
- Area
- Cancelada
- City
- Estepona
- Province
- Málaga
- Coast
- Costa del Sol
Location
Cancelada, Estepona
Residential complexOceana ViewsMap shows the Oceana Views complex location. Exact unit address provided upon request. This property is in CanceladaEsteponaCosta del Sol.
9 questions answered
Buying this penthouse in Cancelada
Can foreigners buy property in Cancelada?
Yes. Spain places no restrictions on foreign buyers, EU and non-EU citizens can purchase freely in Cancelada. You will need a Spanish NIE (foreigner tax number) before signing the title deed, plus a Spanish bank account for the transfer. The full purchase typically completes 6 to 10 weeks from signing the reservation contract.
What is an NIE and how do I get one?
The NIE (Número de Identificación de Extranjero) is your Spanish tax ID and is mandatory for buying property, opening a bank account or paying taxes. You can apply at a Spanish consulate in your home country or in person in Spain. Your lawyer can also obtain it on your behalf with a power of attorney, typically 2 to 4 weeks.
Do I need a Spanish lawyer?
Strongly recommended. An independent lawyer (abogado), separate from the agent and seller, verifies title, checks for debts and planning issues, drafts contracts and represents you at the notary. Typical fee is 1% of the purchase price plus VAT, with a minimum around €1,500.
How long does completion take?
From accepted offer to keys: 6 to 10 weeks for a resale, 30 to 45 days from reservation if no mortgage is needed. New-build off-plan completes when the development is delivered, often 18 to 36 months after reservation, with staged payments along the way.
What taxes will I pay buying a property in Cancelada?
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.
What ongoing costs should I expect?
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.
Are agent fees paid by the buyer or seller?
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.
Can non-residents get a Spanish mortgage?
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.
Should I get pre-approval before viewing?
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.
