3 Bed Penthouse in Cancelada in Cancelada — Penthouse
Penthouse

Penthouse for Sale in Cancelada, Málaga

This ready-to-move-in penthouse in Cancelada, located on the sought-after New Golden Mile, harmoniously blends contemporary design with Mediterranean luxury. Situated in an elevated position, it offers a tranquil living environment while maintaining direct access to coastal amenities. Featuring three bedrooms and a generous terrace, this property presents an attractive option for those seeking a high-quality residence or a strategic investment on the Costa del Sol. Its close proximity to beaches and golf courses further enhances the appeal of this location.

From €990,000
3
Bedrooms
3
Bathrooms
133 m²
Living Area
From €990,000
From price
0.9 km
Beach Distance
Key Ready
Build Status

Project Analysis

Key characteristics of location, homes, project phase and points of attention.

Location

Located in Cancelada on the New Golden Mile, this penthouse is positioned between the vibrant towns of Estepona and Marbella. Immediate proximity to amenities, such as a supermarket at 79 meters and a pharmacy at 131 meters, ensures daily convenience. The location strikes a balance between tranquility and urban accessibility.

Layout

This penthouse is designed for those aspiring to a comfortable lifestyle. With three bedrooms, three bathrooms, and a spacious living area, it provides ample living space. The expansive 86 m² terrace, offering sea and mountain views, promotes outdoor living, while features like underfloor heating and aerothermal climate control ensure year-round comfort.

Project Status

This property is a completed new construction. The penthouse is available for immediate occupancy. The finishes are of high quality, incorporating modern technologies such as aerothermal climate control and excellent insulation. It is part of a residential complex offering communal facilities.

Points of Attention

This project is specifically a three-bedroom, three-bathroom penthouse. It does not offer options for additional bedrooms or different unit types within the same property. The setting is urban-oriented, meaning direct access to vast, untouched nature within walking distance is limited. As a completed project, modifications to the building structure are not possible.

Project Details

Project Name 3 Bed Penthouse in Cancelada
City Cancelada
Region Costa del Sol
From price €990,000
Living Area 133 m²
Avg. price per m² €7,443 / m²
Terrace 86 m²
Bedrooms 3
Bathrooms 3
Parking Yes
Pool Yes
Garden Yes
Build Status key_ready
Beach Distance 0.9 km
Completion 2025
Published 2026-04-20

Ref: VL576021

Source: Wikipedia, Wikidata, INE, Junta de Andalucía

Lifestyle & Surroundings

This penthouse is ideal for individuals seeking an immediately habitable, high-specification residence on the Costa del Sol. It serves as an excellent choice for international buyers looking for a second home to enjoy the Mediterranean lifestyle without the complexities of a construction project. The layout with three bedrooms and a large terrace makes it suitable for families or for hosting guests. Furthermore, the property presents an attractive investment opportunity, given its location on the New Golden Mile, a popular stretch between Marbella and Estepona, and its proximity to golf courses and beaches. The complex also offers amenities such as a coworking space and 24-hour security, enhancing its potential appeal for rental income, whether for holiday lets or long-term tenants.

Build Quality & Finishing

The finishes in this penthouse are of a high standard, focusing on comfort and durability. The property is equipped with underfloor heating, including in the bathrooms, and an advanced aerothermal system for climate control, offering individual temperature regulation for each room. This system provides both heating and cooling. The thermal and acoustic insulation is of excellent quality, contributing to a comfortable interior climate and energy efficiency. The open-plan living area with a fully equipped kitchen, the modern bathrooms, and the spacious bedrooms are finished with attention to detail. The large sliding doors leading to the terrace enhance the living space and maximize natural light.

Price & Context

Price & Availability

This penthouse is offered starting from €990,000. The property features three bedrooms and three bathrooms, with an interior living space of 133 m². Additionally, it includes an 86 m² terrace, significantly expanding the usable area. The project is completed and available for immediate purchase. The pricing reflects its prime New Golden Mile location, the property's size, and the added value of communal amenities such as swimming pools, spa, and security.

€990,000
From price
3
Bedrooms
133 m²
Living Area
3
Bathrooms

Context & Surroundings

Cancelada, situated on the New Golden Mile, offers an appealing residential environment that combines urban conveniences with proximity to the Mediterranean Sea. The development is perched at an elevated position, 31 meters above sea level, contributing to panoramic views of the coastline and surrounding landscape. The immediate proximity of essential amenities such as a supermarket (79 m) and pharmacy (131 m) significantly simplifies daily life. Walking to the beach is feasible, with Playa del Sol Villacana just 914 meters away (as the crow flies), and the gradient towards the beach is a gentle 2.8%, making the stroll pleasant. The area boasts a lively atmosphere with 16 restaurants and various sports facilities within a 2km radius, while the presence of 19 primary and 10 secondary schools in the vicinity underscores its suitability for families. The historical annual sunshine hours of 3,846 and a swimming season of 6 months contribute to a desirable Mediterranean lifestyle.

Request Information

Location: Cancelada

Living & Surroundings

Cancelada, situated on the New Golden Mile, offers a balanced lifestyle with direct access to the coast and urban amenities. The supermarket located 79 meters away and the pharmacy 131 meters away make daily errands effortless. Numerous restaurants (16 nearby) and sports centers, such as the Racket Club Villa Paderna at 0.7 km, facilitate an active lifestyle. The proximity to beaches like Playa del Sol Villacana (0.9 km as the crow flies) enhances its appeal for sun and sea enthusiasts. The location provides an urban rhythm of life, supported by 21 public transport stops in the vicinity, which may reduce the need for a car for local travel.

Map & Location

This penthouse is located in Cancelada, an urban enclave on the southern coast of Spain, within the well-known Costa del Sol region. The map illustrates its proximity to beaches, golf courses, and direct connections to Estepona and Marbella, underscoring the strategic positioning of the location.

Aerial view of a coastal city with a mix of urban and green areas.

Location in the Region

This penthouse is situated in Cancelada, a district on the New Golden Mile, strategically positioned between the well-known cities of Estepona (10 minutes by car) and Marbella (10 minutes by car). The Costa del Sol is renowned for its extensive amenities, including beaches, golf courses, and a vibrant lifestyle. The project's location offers a more tranquil alternative within this dynamic region, while maintaining excellent connections to the larger cities and Málaga Airport (43 km hemelsbreed).

Accessibility & Amenities

This penthouse is strategically located for optimal accessibility. The nearest beach, Playa del Sol Villacana, is 914 meters away (hemelsbreed), with a gentle slope of 2.8%. Golf courses such as Club de Golf El Coto de la Serena (1.4 km) and Flamingos Golf (1.5 km) are very close by. Málaga Airport is accessible within approximately 43 km (hemelsbreed), and Gibraltar is about 44 km away. Essential amenities like a supermarket (79 m) and pharmacy (131 m) are within walking distance. The presence of 4 public transport lines and 21 stops offers alternative transportation options.

Beach Distance 0.9 km
Gibraltar (GIB) 44 km
Malaga-Costa del Sol (AGP) 55 km

Source: OpenStreetMap, Google Maps

Aerial view of a coastal resort with a marina, pool, and sea view.

Nature & Climate

Beachfront room with ocean view, featuring a sandy beach, rocky shore, and lush greenery.

Cancelada benefits from a Mediterranean climate with an average annual temperature of 19.3°C and approximately 3,846 hours of sunshine per year. The swimming season extends for 6 months, when the water temperature is typically above 20°C. The location is situated at 31 meters above sea level, and the gradient towards the beach is minimal (2.8%), ensuring a comfortable environment. The surroundings offer natural beauty, with nearby beaches and mountain views from the terrace, contributing to a pleasant living ambiance.

3846 Sunshine Hours/Year
6 Swim Season Months
19.3°C Avg. Annual Temperature
31m Elevation

Source: Open-Meteo (2020–2025 average)

Beaches & Recreation

The coastline is easily accessible from this penthouse. Playa del Sol Villacana is located 914 meters away (hemelsbreed), with other beaches such as Playa de Guadalmansa and Playa del Saladillo approximately 1 km away. These beaches offer opportunities for relaxation and water sports. For golf enthusiasts, multiple courses are nearby, including Club de Golf El Coto de la Serena (1.4 km) and Flamingos Golf (1.5 km). Additionally, various sports centers, like the Racket Club Villa Paderna at 0.7 km, and a coworking space within the complex itself provide diverse recreational options.

Beaches

  • Playa del Sol Villacana 0.9 km
  • Playa de Guadalmansa 1 km
  • Playa del Saladillo 1.1 km
  • Salduna 3.2 km
  • Playa Isdabe 3.4 km
  • Playa Atalaya 3.7 km

Golf

  • Club de Golf El Coto de la Serena 1.4 km
  • Flamingos Golf 1.5 km
  • Tramores Golf 2 km
  • El Paraiso Golf Clubhouse 2.4 km

Source: OpenStreetMap

Aerial view of a coastal town with a sandy beach and ocean waves.

Location in the Region

This penthouse is situated in Cancelada, a district on the New Golden Mile, strategically positioned between the well-known cities of Estepona (10 minutes by car) and Marbella (10 minutes by car). The Costa del Sol is renowned for its extensive amenities, including beaches, golf courses, and a vibrant lifestyle. The project's location offers a more tranquil alternative within this dynamic region, while maintaining excellent connections to the larger cities and Málaga Airport (43 km hemelsbreed).

Area Guide: Cancelada

Key Facts

Climate

Month Avg. Temperature Rainfall
January 12.5°C 96 mm
February 12.8°C 99 mm
March 14.9°C 89 mm
April 16.7°C 60 mm
May 18.8°C 47 mm
June 23.1°C 12 mm
July 27.1°C 1 mm
August 27.6°C 2 mm
September 23.9°C 20 mm
October 19.8°C 82 mm
November 15.8°C 119 mm
December 13.1°C 106 mm

Nearby Amenities

16 restaurant
4 pharmacy
1 bank
1 park
2 cafe

Elevation & Terrain

31m Elevation
0.9 km Beach Distance
2.8% Gradient to beach

Flat

Nearby Highlights

Sports Centres

Golf Courses

Beaches

Ev Charging

Marinas

Swimming Pools

International Schools

Transport & Access

44 km Gibraltar (GIB)
55 km Malaga-Costa del Sol (AGP)
446 km Alicante-Elche (ALC)

Summary

  • Modern 3-bedroom, 3-bathroom penthouse, available for immediate occupancy.
  • Spacious 86 m² terrace with panoramic sea and mountain views.
  • Located in Cancelada, New Golden Mile, within walking distance to beach and amenities.
  • Excellent communal facilities: swimming pools, spa, gym, coworking space.
  • Strategic location near Estepona and Marbella, with good airport connections.

Regional Comparison

Compared to Acqua Gardens and Aby Upper in Estepona, which start from €418,800 and €320,000 respectively, this penthouse is positioned in a higher price bracket starting at €990,000. This higher price point is justifiable by its specific attributes: the size of the penthouse (133 m² living area plus an 86 m² terrace), its completed new construction status, and the comprehensive luxury amenities offered by the complex, including a spa, gym, and coworking space. Alba Benalmadena, with a starting price of €699,000, sits between the lower-priced Estepona projects and this penthouse. The Cancelada location on the New Golden Mile is generally considered highly desirable, commanding a premium price that reflects its proximity to both Estepona and Marbella. The most expensive developments in this region typically offer greater exclusivity, larger terraces, and more advanced facilities than entry-level options. This particular penthouse seems to cater to a segment valuing space, views, and a complete amenity package, which aligns with its pricing within the Costa del Sol market.

Frequently Asked Questions

What are the key features that make this penthouse unique?
The penthouse boasts an 86 m² terrace with sea and mountain views, offers walking distance to the beach and amenities, and provides a wide range of communal facilities including pools, spa, and coworking space.
How far is it to Málaga Airport?
Málaga-Costa del Sol Airport (AGP) is located approximately 55 km away as the crow flies from the project.
What climate control systems are installed?
The penthouse is equipped with underfloor heating and an aerothermal climate control system with individual temperature settings for each room.
Is this penthouse suitable as an investment?
Yes, its location on the New Golden Mile, proximity to golf courses, beaches, and urban centers, along with the complex's amenities, make it an attractive rental investment.
What facilities are available within the complex?
The complex offers multiple outdoor swimming pools, an indoor heated pool, spa and wellness facilities, a fully equipped gym, padel courts, and a coworking space with 24-hour security.
What are the ongoing costs associated with this penthouse?
Besides the purchase price, there are community maintenance fees, property taxes (IBI), and potentially transfer taxes.
What is the completion status of the property?
The penthouse is a completed project and is available for immediate occupation.
How far is the nearest beach?
The nearest beach, Playa del Sol Villacana, is 914 meters away as the crow flies.
Maiko
Maiko
Real Estate Expert

Maiko is a real estate expert specializing in the Spanish property market. With in-depth knowledge of the Costa del Sol, Costa Blanca, and other popular coastal regions, he assists buyers in finding the right property. He analyzes offerings based on location, market value, build quality, and livability, providing honest, data-driven advice throughout the entire purchase process.

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Technical Facts
Living area: 133 m².
Terrace area: 86 m².
Complex features communal indoor and outdoor swimming pools.
Aerothermal climate control system with individual room regulation.
Parking: 2 underground parking spaces and storage room.

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