For sale · Costa del Sol · Estepona
Available€649,000€695,000
5 beds · 3 baths · 200 m² built
Price reduced
Ref HT5234428Updated daily · Last sync 26 October 2026
About this property
Five-bedroom villa with private pool in Cancelada, Costa del Sol. This semi-detached corner property spans 200 square metres across three floors, with a 50-square-metre terrace and a private garden that extends the living space outdoors. The south-facing orientation floods the interiors with natural light throughout the day, whilst the corner position provides additional windows and privacy from neighbouring properties.
The ground floor opens with a spacious living room that connects directly to the garden, alongside a separate kitchen with ample storage and worktop space. A full bathroom on this level serves day guests and ground-floor living. Upstairs, five bedrooms provide flexible accommodation for families or guests, with two additional bathrooms distributed across the upper floors. The 50-square-metre terrace offers elevated views over the residential area and surrounding greenery. Outside, the private garden provides space for al fresco dining, sun loungers, and the private pool that anchors the outdoor living area.
Residencial Diana sits in Cancelada, a residential neighbourhood between Estepona and Marbella that balances coastal access with inland tranquillity. The gated complex includes a communal pool, padel courts, and landscaped gardens for residents. Cancelada village centre lies 800 metres away, with local shops, cafés, and services within a ten-minute walk. The beaches of Costalita and Saladillo are a five-minute drive south, whilst Puerto Banús marina sits 15 minutes east along the A-7 coastal road. The property's 1990 construction has been maintained to an excellent standard, with the corner plot offering both garden access and additional natural light through side windows.
Features
Property details
Location
Map shows the Residencial Diana complex location. Exact unit 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 townhouses in the same city.
This Townhouse
€3,245 / m²
€3,245 × 200 m² = €649,000 asking
Comparable averages
Estepona townhouses
256 active listings
Similar properties
Market average €4,158/sqm across 256 active estepona townhouses.