For sale · Costa del Sol · Estepona
Available3-Bed Apartment in La Vaguada, Estepona
Residential complexLa Vaguada
€251,000
3 beds · 2 baths · 105 m² built
Ref HT4969831Updated daily · Last sync 26 October 2026
About this property
Overview
Three-bedroom apartment in Cancelada, Costa del Sol, offering 105 square metres of south-facing living space in the established La Vaguada residential development. Built in 1993, this unfurnished property presents an investment opportunity in one of the western Costa del Sol's fastest-developing areas, where coastal proximity meets residential value.
The apartment's 105-square-metre layout accommodates three bedrooms and two bathrooms across a functional floor plan designed for Mediterranean living. South-facing orientation ensures natural light throughout the day, whilst the property's position within a managed residential complex provides access to communal facilities and established infrastructure. The apartment requires updating to reflect current standards, presenting scope for personalisation and value enhancement through renovation.
La Vaguada sits in Cancelada, a residential zone that has transformed significantly over the past decade as Estepona's urban expansion continues westward. The complex lies 2 kilometres inland from Playa de Cancelada, a Blue Flag beach accessible within a five-minute drive. Cancelada's commercial centre, with supermarkets, restaurants and services, stands 800 metres from the development, whilst the AP-7 motorway provides connections to Marbella in 15 minutes and Estepona town centre in 8 minutes. The area benefits from ongoing infrastructure improvements, including new schools and healthcare facilities serving the growing residential population between the coast and the A-7 coastal road.
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Features
What this home includes
- Panoramic view
- Close to town
- Urbanisation
Property details
Specifications
- Property type
- Apartment
- Subtype
- Middle floor apartment
- Bedrooms
- 3
- Bathrooms
- 2
- Built area
- 105 m²
- Orientation
- South
- Complex
- La Vaguada
- Area
- Cancelada
- City
- Estepona
- Province
- Málaga
- Coast
- Costa del Sol
Location
Cancelada, Estepona
Residential complexLa VaguadaMap shows the La Vaguada complex location. Exact unit address provided upon request. This property is in CanceladaEsteponaCosta del Sol.
Playa del Sol Villacana
14 minwalk
Flamingos Golf
5 mindrive
Puerto Deportivo José Banus
13 mindrive
The International School of Estepona
9 mindrive
ALDI
6 mindrive
Dia
10 mindrive
Lidl
11 minwalk
Hospital Hospiten de Estepona
5 mindrive
Pharmacy
3 minwalk
Mustang
9 mindrive
San Pedro Alcántara
11 mindrive
9 restaurants & bars
within 12 minwalk
Málaga Airport (AGP)
64 mindrive
Gibraltar Airport (GIB)
51 mindrive
Mountain side, north of the coastal road (A-7), hillside setting.
9 questions answered
Buying this apartment 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.
