2 Bed Penthouse in Cancelada in Cancelada, Penthouse

2-bedroom Penthouse in Cancelada

This contemporary penthouse in Cancelada, Málaga, offers 74 square metres of living space with two bedrooms and two bathrooms. Situated on the New Golden Mile, the property features sea and mountain views from its private terrace and rooftop solarium. The completed development provides immediate availability, with an open-plan kitchen flowing into the living area, all positioned within walking distance of local beaches and amenities. Underground parking and a storage room are included in this ready-to-occupy residence.

€575,000
2
Bedrooms
2
Bathrooms
74 m²
Living Area
€575,000
Price
0.9 km
Beach Distance
Key Ready
Build Status
Last updated: May 2026

Project Analysis

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

Location

The penthouse occupies a strategic position within Cancelada, an urbanised area on the Costa del Sol. Located less than one kilometre from the beach, the property benefits from proximity to both coastline and essential services. The surrounding environment combines residential comfort with accessibility to leisure facilities including three golf courses within two kilometres. The elevation of 31 metres above sea level provides slight elevation without significant terrain challenges.

Layout

The property accommodates functional living requirements through its two-bedroom configuration with en-suite facilities. The 74-square-metre footprint efficiently arranges living spaces for primary occupation or holiday use. The south-west orientation maximises natural light in the principal rooms, while the private outdoor areas extend the usable living space. Communal facilities including swimming pools and gym address recreational needs without requiring maintenance from individual residents.

Project Status

As a completed development, the penthouse represents a finished product ready for immediate occupation without construction delays. The Le Mirage Phase III development has been fully realised, with infrastructure, landscaping, and communal amenities already established. This completion status allows for straightforward transfer of ownership and immediate utilisation of the property. The finished nature of the development enables prospective buyers to assess the actual rather than projected qualities of the environment.

Points of Attention

The property offers a 74-square-metre interior, which may not accommodate larger households or those requiring extensive indoor space. While communal facilities are available, the penthouse does not include private garden access beyond the terrace and solarium. The urban setting means residents will experience typical community living rather than isolated privacy. Being a completed development, there are no customisation options available regarding structural elements or interior layout.

Project Details

Project Name 2 Bed Penthouse in Cancelada
City Cancelada
Region Costa del Sol
Price €575,000
Living Area 74 m²
Avg. price per m² €7,770 / m²
Terrace 70 m²
Bedrooms 2
Bathrooms 2
Parking Yes
Pool Yes
Garden No
Build Status key_ready
Beach Distance 0.9 km
Completion Completed 1970
Published 2026-05-29

Ref: VL351564

Source: Wikipedia, Wikidata, INE, Junta de Andalucía

Lifestyle & Surroundings

This property suits buyers seeking a Mediterranean residence that balances convenience with lifestyle. The configuration works well for couples or small households desiring a secondary home in Spain. The immediate availability appeals to those not wishing to wait for construction completion, while the existing community infrastructure benefits those preferring an established environment. The proximity to golf courses makes it suitable for enthusiasts of the sport, while the walking-distance access to beaches appeals to those prioritising coastal living. The presence of international schools within 2.3 kilometres makes it a consideration for families with education needs. The combination of permanent residential features with holiday-home potential makes it suitable for both year-round living and periodic occupation.

Build Quality & Finishing

The penthouse features contemporary finishes throughout, with particular attention to the kitchen area which includes a central island, a relatively premium feature in this property category. The open-plan design creates visual spaciousness within the 74-square-metre footprint. Large sliding glass doors provide access to the terrace, demonstrating a quality approach to indoor-outdoor living integration. Air conditioning installation and fibre optic internet infrastructure indicate modern utility provisions. The inclusion of fitted wardrobes in bedrooms shows attention to storage requirements, while en-suite bathroom facilities for the master bedroom reflects a focus on primary accommodation comfort. Communal areas including the Santa Vista Clubhouse with gym and spa facilities suggest a higher standard of shared amenities than basic developments.

Price & Context

Price & Availability

The penthouse is priced at €575,000 for the 74-square-metre configuration, which represents approximately €7,770 per square metre. This positioning places it within the upper-mid segment of the local property market. Being a completed development, the property is available for immediate occupation without waiting periods. The price includes an underground parking space and storage room, additions that contribute to the overall value. Compared to similar properties in the region such as Aquamar in Torre del Mar (from €219,950) and Lantana Residencial in Mijas (from €205,000), this penthouse commands a premium due to its coastal location and penthouse status.

€575,000
Price
2
Bedrooms
74 m²
Living Area
2
Bathrooms

Context & Surroundings

Daily life in this penthouse centres around its outdoor living spaces, with the terrace and solarium serving as extensions of the interior. Mornings might begin with breakfast on the terrace overlooking the Mediterranean, followed by a short walk to local amenities. The proximity to supermarkets, pharmacies, and restaurants within 150 metres means daily errands require minimal travel. For leisure, the beaches are within comfortable walking distance, while golf enthusiasts have three courses within two kilometres. The swimming season of six months encourages regular use of both the communal pool and nearby beaches. Evenings might be spent on the rooftop solarium, enjoying the south-west orientation that captures afternoon sun and provides views towards the coastline and mountains. The balance between urban accessibility and coastal lifestyle characterises the living rhythm in this location.

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Location: Cancelada

Living & Surroundings

The immediate vicinity offers essential infrastructure for comfortable living, with 16 restaurants, 4 pharmacies, and a bank within a 2-kilometre radius. The area supports daily needs through its provision of services, including 21 public transport stops facilitating mobility without private vehicle dependence. The road network connects Cancelada to larger urban centres, with Marbella situated 16 kilometres away and Estepona within easy reach. The presence of 19 primary schools and 10 secondary schools within the broader area indicates family-friendly infrastructure, though specific educational facilities would require verification for individual requirements. Healthcare provision includes two health centres within reasonable proximity, supporting basic medical needs without immediate access to major hospitals.

Map & Location

The map shows the penthouse positioned in Cancelada along the western stretch of the Costa del Sol, approximately midway between Marbella and Estepona. The property benefits from direct coastal access with beaches visible to the south and golf courses to the north. The urbanised nature of the immediate area is evident, with main roads connecting to larger centres while maintaining local character. The slight elevation of 31 metres above sea level provides perspective without significant terrain challenges.

Narrow alley with white walls, potted plants, wooden bench, and blue sky.

Location in the Region

Cancelada occupies a position on the New Golden Mile, approximately midway between Estepona and Marbella along the Costa del Sol. This location places it within the more developed western section of the Málaga coastline, benefiting from established infrastructure without direct inclusion in the most intensely tourist-focused areas. The 16-kilometre distance to Marbella provides access to major services while maintaining a degree of separation from the busiest urban centre. Within the regional context, Cancelada functions as a residential area that supports both local communities and international property owners, evidenced by the presence of international schools and multilingual services.

Accessibility & Amenities

The penthouse's strategic location provides straightforward access to key amenities, with the nearest beach, Playa del Sol Villacana, situated just 914 metres away, approximately an 11-minute walk. Three golf courses are within 2 kilometres: Club de Golf El Coto de la Serena at 1.4 kilometres, Flamingos Golf at 1.5 kilometres, and Tramores Golf at 2.0 kilometres. For air travel, Málaga-Costa del Sol Airport lies 55 kilometres distant (approximately 45 minutes by car), while Gibraltar Airport offers an alternative at 44 kilometres. The larger urban centre of Marbella, with its extensive services, is 16 kilometres away, and the renowned Puerto Banús marina is positioned 9.5 kilometres from the property.

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 city with a mix of urban and green areas.

Nature & Climate

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

The location benefits from a typical Costa del Sol climate, with an average annual temperature of 19.3°C and monthly ranges between 12-28°C. Historical data indicates 3,846 hours of sunshine annually, creating consistently bright conditions throughout most of the year. The swimming season extends for six months when water temperatures reach or exceed 20°C, enabling regular use of nearby beaches and the communal swimming pool. The property's elevation at 31 metres above sea level provides slight elevation benefits without significant exposure to stronger winds or temperature variations associated with higher altitudes. The surrounding terrain features a gentle 2.8% slope towards the beach, creating easy access to the coastline without challenging gradients.

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 property enjoys proximity to several Blue Flag-standard beaches within easy reach, including Playa del Sol Villacana at 914 metres, Playa de Guadalmansa at 976 metres, and Playa del Saladillo at 1.1 kilometres. These beaches offer regulated water quality and facilities typical of the Costa del Sol's maintained coastline. For golf enthusiasts, three courses are situated within 2 kilometres, providing diverse playing options without significant travel requirements. Sports facilities in the vicinity include Racket Club Villa Paderna at 0.7 kilometres, Club de Tenis at 1.4 kilometres, and RozaRossa Tennis and Padel Club at 2.2 kilometres, covering various racquet sports. The communal swimming pool at the development offers a convenient alternative to beach visits, while the Santa Vista Clubhouse provides gym and spa facilities for residents.

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

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

Location in the Region

Cancelada occupies a position on the New Golden Mile, approximately midway between Estepona and Marbella along the Costa del Sol. This location places it within the more developed western section of the Málaga coastline, benefiting from established infrastructure without direct inclusion in the most intensely tourist-focused areas. The 16-kilometre distance to Marbella provides access to major services while maintaining a degree of separation from the busiest urban centre. Within the regional context, Cancelada functions as a residential area that supports both local communities and international property owners, evidenced by the presence of international schools and multilingual services.

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

  • Contemporary penthouse with sea and mountain views on the New Golden Mile
  • Two bedrooms, two bathrooms across 74 square metres of living space
  • Private terrace and rooftop solarium for outdoor living
  • Walking distance to beaches and local amenities in Cancelada
  • Access to communal facilities including pool, gym and spa

Regional Comparison

When compared to similar properties in the region, this penthouse in Cancelada occupies a distinctive position within the market. Properties such as Aquamar in Torre del Mar (from €219,950) and Lantana Residencial in Mijas (from €205,000) represent significantly lower entry points, though typically located further east along the Costa del Sol. The Etherna Homes 2 development in Estepona (from €259,000) offers closer geographical comparison but lacks the penthouse status and sea views featured in the Cancelada property. The positioning on the New Golden Mile places this development in an area that has established itself as a desirable midpoint between the exclusivity of Marbella and the more traditional Spanish atmosphere of Estepona. Unlike properties in more isolated urbanisations, this penthouse benefits from immediate access to Cancelada village, providing year-round services rather than seasonal availability.

Frequently Asked Questions

Is the property suitable for year-round living or just as a holiday home?
The penthouse is designed for both year-round occupation and holiday use. It features air conditioning, proper insulation, and access to year-round amenities including shops, restaurants, and medical facilities within the local area.
What transport options are available for reaching the property and getting around locally?
The property is accessible via road networks connecting to the A7 coastal motorway. Public transport includes 4 bus routes with 21 stops in the vicinity. For international arrivals, Málaga Airport is 55 kilometres away and Gibraltar Airport is 44 kilometres distant.
What technical specifications should I be aware of regarding the property?
The penthouse includes air conditioning, fibre optic internet connection, and lift access. Utilities include underground parking and a separate storage room. The building features communal areas with swimming pool and access to the Santa Vista Clubhouse with gym and spa facilities.
How does this property compare in price to similar properties in the area?
At €575,000 for 74 square metres, the property is priced at approximately €7,770 per square metre. This positions it above entry-level developments such as Aquamar in Torre del Mar (from €219,950) and Lantana Residencial in Mijas (from €205,000), reflecting its penthouse status and coastal location.
What facilities are available for residents within the development?
Residents have access to landscaped communal gardens, a swimming pool, and the Santa Vista Clubhouse which includes gym and spa facilities. The property also includes underground parking and a storage room. The penthouse itself benefits from a private terrace and rooftop solarium.
What additional costs should I budget for beyond the purchase price?
Buyers should budget for property transfer tax (typically 8-10% depending on price), notary fees, land registry fees, and legal fees. Annual costs include community fees for maintenance of communal areas, property tax (IBI), and potential non-resident taxes if not permanently residing in Spain.
What is the purchasing process for this property as a non-Spanish buyer?
The process involves obtaining a Spanish NIE number, opening a Spanish bank account, signing a reservation contract, paying a deposit, hiring a solicitor for due diligence, signing the public deed before a notary, and registering the property. The completed status of this development simplifies the process by eliminating construction-related uncertainties.
How practical is the location for someone without a car?
The property offers reasonable walkability, with essential amenities including supermarkets (79m), pharmacies (131m), and restaurants within a few hundred metres. Four public transport routes serve the area with 21 nearby stops. However, a car would provide greater flexibility for exploring the wider Costa del Sol region.
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Technical Facts
The property features south-west orientation, maximising afternoon sunlight in living areas
Three golf courses are located within 2 kilometres of the development
The area receives 3,846 hours of sunshine annually across 6 months of swimming season
Playa del Sol Villacana, the nearest beach, is 914 metres from the property
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