This 594 m² plot in Cancelada, Málaga, presents an investment opportunity in the dynamic 'New Golden Mile' region. Situated in an urban environment with walking-distance amenities, this location combines convenience with development potential. Priced at €1,069,200, it represents a chance to build in an area known for its growth and appeal to both residents and investors. Proximity to beaches and golf courses, along with excellent transport links, enhances its strategic value.
Key characteristics of location, homes, project phase and points of attention.
This plot is located in Cancelada, part of Estepona, on the 'New Golden Mile'. It's within walking distance of the beach and local amenities, contributing to its convenience and accessibility. The urban setting provides daily ease, while nearby major roads ensure connectivity to surrounding towns.
As a building plot, this property targets developers and individuals with specific residential or commercial plans. The potential for residential, educational, cultural, sports, hotel, office, retail, or hospitality developments offers flexibility for diverse projects. The plot is suitable for those aspiring to construct a bespoke property.
This is a building plot, meaning no construction is currently present. The current owner will retain the ground floor for commercial premises, with the first and second floors available for development by the new owner. The plot is ready for the commencement of a construction project, with a maximum buildability ratio of 2.04 m² per m² of land.
The plot is sold with the condition that the current owner retains the ground floor for commercial use. The development of the first and second floors falls to the buyer. Maximum buildability is strictly regulated by local zoning plans, defining the scale of future projects.
Ref: VL249722
Source: Wikipedia, Wikidata, INE, Junta de Andalucía
This plot is suitable for developers looking to create a multi-unit residential building, a commercial space, or a mixed-use project in a sought-after coastal area. Investors seeking growth potential in the Costa del Sol real estate market will appreciate its strategic location. It's an option for those aiming to develop a unique project tailored to specific needs, such as sustainable design, modern architecture, or a distinct commercial focus, providing a solid foundation for such ambitions.
Details on quality and finishes pertain to the potential of the future construction, as this is a building plot. The maximum buildability of 2.04 m² per square meter of plot area allows for significant design scope. The south-facing orientation and the sea, mountain, panoramic, urban, and street views suggest opportunities for a home with abundant natural light and diverse vistas. The ultimate finishes will depend on the buyer's and architect's choices, with potential for high-quality materials and modern techniques.
This plot is offered at €1,069,200. As a building plot, its pricing reflects its location, size, and development potential. The current arrangement, where the seller retains the ground floor for commercial use and the upper floors are for the buyer, influences the sale price. Potential buyers must budget for additional construction costs for the realization of the first and second floors. This price point positions the offering within the higher segment of the land market in the region.
Cancelada, situated on the Costa del Sol, offers a vibrant urban environment. This plot is within walking distance of various amenities, including a supermarket just 79 meters away and a pharmacy at 131 meters. The proximity of 16 restaurants and numerous sports facilities, such as tennis and padel clubs, enhances daily convenience. The location is ideal for those desiring a dynamic lifestyle with immediate access to daily necessities. The area is characterized by a mix of residential and commercial potential, contributing to an active local community.
Cancelada, on the 'New Golden Mile', provides a living environment that blends urban convenience with coastal proximity. With a supermarket 79 meters away and a pharmacy at 131 meters, daily necessities are readily accessible. Restaurants (16 nearby) and various sports facilities, including tennis and padel clubs, enrich social and recreational life. The location is strategically positioned between Estepona and Marbella, benefiting from 3846 annual sunshine hours and a 6-month swimming season, fostering an active lifestyle year-round.
This plot is located in Cancelada, Estepona, a strategic position on the Costa del Sol. The map illustrates its proximity to the coastline, with various beaches within walking or short driving distance. It also shows its relation to golf courses, Málaga Airport, and nearby urban centers like Marbella and Estepona.
Cancelada is strategically located on the Costa del Sol, nestled between the vibrant city of Estepona and the luxurious Marbella. This position on the 'New Golden Mile' places it at the heart of one of Spain's most desirable real estate regions. The area is characterized by strong tourism appeal, with 24 hotels and 6897 beds, indicating a thriving local economy. The province of Málaga offers rich culture, excellent infrastructure, and a Mediterranean climate, maintaining its popularity among international buyers.
The accessibility of this plot is a key advantage. Beaches such as Playa del Sol Villacana are just 914 meters away (as the crow flies). For golf enthusiasts, several courses, including Club de Golf El Coto de la Serena at 1.4 km, are nearby. Málaga Airport is 43 km away, ensuring good international connectivity. The presence of 21 public transport stops and 4 bus lines within easy reach facilitates mobility without a car. Essential services like a supermarket (79 m) and pharmacy (131 m) are within walking distance.
| Beach Distance | 0.9 km |
| Gibraltar (GIB) | 44 km |
| Malaga-Costa del Sol (AGP) | 55 km |
Source: OpenStreetMap, Google Maps
Cancelada enjoys a Mediterranean climate with an average annual temperature of 19.3°C and historically 3846 sunshine hours per year. This supports a pleasant lifestyle with a six-month swimming season when sea temperatures reach 20°C or above. The plot is situated at 31 meters above sea level with a gentle gradient of 2.8% towards the sea, indicating largely flat terrain. These conditions are conducive to outdoor living and recreation throughout much of the year.
Source: Open-Meteo (2020–2025 average)
The coastline near Cancelada offers abundant recreational opportunities. Beaches such as Playa del Sol Villacana (914 m), Playa de Guadalmansa (976 m), and Playa del Saladillo (1.1 km) are a short distance away, providing access to the Mediterranean Sea. Sports enthusiasts will find multiple golf courses nearby, including Club de Golf El Coto de la Serena (1.4 km) and Flamingos Golf (1.5 km). Additionally, sports centers like the Racket Club Villa Paderna (0.7 km) offer tennis and padel facilities, contributing to an active and varied lifestyle.
Source: OpenStreetMap
Cancelada is strategically located on the Costa del Sol, nestled between the vibrant city of Estepona and the luxurious Marbella. This position on the 'New Golden Mile' places it at the heart of one of Spain's most desirable real estate regions. The area is characterized by strong tourism appeal, with 24 hotels and 6897 beds, indicating a thriving local economy. The province of Málaga offers rich culture, excellent infrastructure, and a Mediterranean climate, maintaining its popularity among international buyers.
| 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 |
Flat
Compared to projects like Acqua Gardens (from €418,800) and Aby Upper (from €320,000), which offer apartments, this plot targets a different market segment. Alba Benalmadena (from €699,000) also offers residences, but the price of this plot (€1,069,200) reflects its potential for larger-scale development in a prime location. The Estepona region, particularly the New Golden Mile, attracts investors interested in development opportunities. This plot's price is significantly higher than the starting prices of completed apartments nearby, underscoring the value of the land and its construction potential. Relative to other plots in the immediate vicinity, its price will likely be determined by its specific zoning classification and building allowances.
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 helps buyers find the right property. He analyzes offerings based on location, market value, build quality, and livability, providing honest, data-driven advice throughout the entire purchasing process.
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