For sale · Costa del Sol · Estepona
Available€560,000
3 beds · 2 baths · 127 m² built
Ref HT5495407Updated daily · Last sync 24 October 2026



About this property
Three-bedroom apartment in Cancelada, Costa del Sol, offering 127 square metres of built space with a substantial 30-square-metre terrace. This corner-positioned first-floor residence delivers more internal volume than standard units in its category, with the living area redesigned and extended to create a noticeably larger reception and dining zone. The property was completed in 2024 and comes fully furnished with new pieces selected for immediate occupation.
Inside, the three bedrooms share two bathrooms across a 92-square-metre interior footprint, with the reconfigured living space forming the central feature. The corner position allows for additional natural light and a sense of openness that straight-line apartments in the same development cannot match. The 30-square-metre terrace extends the usable living area outdoors, providing enough room for a dining table and separate seating zone. Modern finishes run throughout, with all furniture, fixtures and soft furnishings included in the sale.
Cancelada sits between Estepona and San Pedro de Alcántara, placing this apartment 3 kilometres from El Saladillo beach and its beachfront restaurants. The A-7 coastal road runs nearby, connecting residents to Puerto Banús in 10 minutes by car and Estepona's old town in 12 minutes. Local amenities in Cancelada village include supermarkets, cafés and primary services within walking distance. The property holds a rental licence, allowing for short-term holiday lettings under current regulations.
Features
Property details
Location
Map shows the approximate Cancelada, Estepona area. Exact address provided upon request. This property is in CanceladaEsteponaCosta del Sol.
9 questions answered
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.
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.
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.
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.
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.
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.
Market context
Live €/m² comparisons from current inventory of similar apartments in the same city.
This Apartment
€4,409 / m²
€4,409 × 127 m² = €560,000 asking
Comparable averages
Estepona apartments
662 active listings
Similar properties
Market average €5,314/sqm across 662 active estepona apartments.