2 Bed Penthouse in Cancelada in Cancelada, Penthouse

2-bedroom Penthouse in Cancelada

A key-ready two-bedroom, two-bathroom penthouse in the Oceana Views community in Cancelada, on the New Golden Mile between Estepona and Marbella. The property offers 62 m² of living space plus approximately 60 m² of private terraces and a rooftop solarium, with a south-west orientation and panoramic views over the Mediterranean towards Gibraltar. Completed in 2023, it is offered at a fixed asking price of €589,000 and includes an underground parking space and storage room. The beach lies roughly 0.9 km away as the crow flies, with a supermarket and pharmacy within walking distance.

€589,000
2
Bedrooms
2
Bathrooms
62 m²
Living Area
€589,000
Price
0.9 km
Beach Distance
Key Ready
Build Status

Summary

  • Key-ready penthouse completed in 2023, offered at a fixed asking price of €589,000
  • 62 m² interior with approximately 60 m² of terraces and private rooftop solarium
  • South-west orientation with panoramic views towards Gibraltar and the North African coastline
  • Supermarket (79 m) and pharmacy (131 m) within walking distance; beach at 0.9 km as the crow flies
  • Three golf courses and multiple racket clubs within roughly 2 km; underground parking and storage included

Regional Comparison

Within the regional context, this penthouse occupies a different segment from the comparable new-build projects listed. Aquamar in Torre del Mar starts at €269,950, Lantana Residencial in Mijas at €205,000 and Etherna Homes 2 in Estepona at €269,000, all substantially lower entry points, but each represents off-plan or early-phase typologies in different locations along the coast. This property, by contrast, is a completed 2023 residence in a specific condition: upgraded kitchen, two en-suite bathrooms, 60 m² of outdoor space and a rooftop solarium, at a fixed price of €589,000. Location-wise, Cancelada sits on the New Golden Mile, generally positioned between the price levels of Marbella and central Estepona new-build and the cheaper inland or eastern-cost offerings such as Torre del Mar. The density of golf courses, three within 2 km, matches the profile of areas like Los Flamingos and Atalaya, which trade on sport and resort infrastructure rather than town-centre living. Compared with Mijas, Cancelada is further from Málaga airport but closer to Marbella's western suburbs and Gibraltar. The local market records around 3,163 housing transactions per year, indicating an active resale and new-build market along this stretch, and the tourism base of 24 hotels sustains rental demand for owners considering seasonal letting, subject to licensing rules. Buyers weighing this property against new-build alternatives should account for the difference between a fixed price for a finished, specified home and 'from' prices that typically exclude parking, storage or higher-floor premiums.

Frequently Asked Questions

Is the 62 m² living area not small for the price?
The interior measures 62 m², but the property adds approximately 60 m² of private terraces and solarium, roughly doubling usable private space. The €589,000 fixed price also includes an underground parking space and storage room.
How far is the airport and is a car necessary?
The airport is 43 km away by road, typically 35–40 minutes by car. For daily life a car is optional: supermarket (79 m), pharmacy (131 m), restaurants and the beach (0.9 km straight-line) are walkable. Four bus lines with 21 stops provide basic public transport.
What is the condition and specification of the home?
The building was completed in 2023 and the unit is key-ready. The kitchen was recently replaced with dark wood cabinetry, a central island, BORA induction cooking with integrated extractor and Siemens appliances. Both bathrooms are en-suite and the solarium has been newly retiled. Hot and cold air conditioning is installed.
How does the price compare with other projects in the region?
Nearby new-build projects advertise from-prices between €205,000 and €269,950, but those concern different typologies and locations. This is a fixed asking price of €589,000 for a completed, upgraded penthouse with parking and storage included.
What communal facilities are available?
Residents have access to maintained communal gardens and a communal swimming pool. There is no private pool. The community also has lift access and private underground parking.
What additional costs should be expected?
As an existing home, the purchase attracts transfer tax (ITP) rather than VAT, plus notary, registry and legal fees. Ongoing costs include community fees for the gardens and pool, annual IBI property tax and utilities. Exact community fees should be verified during due diligence.
What does the purchase process look like?
Because the home is key-ready, no construction or waiting phase applies. The standard Spanish resale process applies: NIE number, bank account, notary completion and registration. Buyers typically engage a lawyer for title and community-debt checks.
What is Cancelada like outside the summer season?
The area has 24 hotels and around 6,900 tourist beds, so summer months are busier. Outside the season the residential base remains: sixteen restaurants, shops, golf courses and sports clubs within about 2 km stay in use, and Marbella is 16 km away for wider services.

Project Analysis

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

Location

The penthouse sits in Cancelada, a residential district west of Estepona on the New Golden Mile. The beach at Playa del Sol Villacana is approximately 0.9 km away in a straight line, while a supermarket (79 m) and pharmacy (131 m) are on the doorstep. Three golf courses lie within 2 km, and Marbella is 16 km away as the crow flies.

Layout

The home is arranged around indoor-outdoor living: an open-plan layout with floor-to-ceiling sliding doors opens onto a south-west facing terrace, with a private rooftop solarium above. Two double bedrooms each have an en-suite bathroom and built-in wardrobes. Air conditioning provides hot and cold climate control year-round.

Project Status

The building was completed in 2023 and the property is key-ready, meaning it can be occupied immediately after purchase. The kitchen has recently been replaced with a designer installation including BORA induction cooking and integrated Siemens appliances. The solarium has been newly retiled. No further construction phases apply to this unit.

Points of Attention

The property has two bedrooms and 62 m² of interior living space, which limits capacity for larger households. There is no private pool; residents share a communal swimming pool and gardens. The plot and garden are communal rather than private. Distances such as the 43 km to the airport involve onward travel by road.

Lifestyle & Surroundings

This penthouse suits a buyer seeking a turnkey home rather than an off-plan commitment: the building was completed in 2023, the kitchen has been newly installed, and the property can be occupied directly. The two-bedroom, two-bathroom layout with both rooms en-suite works well for a couple, for a small family with one or two children, or for owners who regularly host guests and value privacy on both sides of the home. The buyer profile also includes those who prioritise outdoor space: 60 m² of terrace and solarium roughly doubles the usable area compared with the 62 m² interior, and the south-west orientation aligns afternoon and evening use with the views towards Gibraltar. A household that does not want to depend on a car for daily essentials fits this location, supermarket, pharmacy and several restaurants are within a short walk. It is equally relevant for buyers focused on golf and racket sports, given three courses and several clubs within about 2 km. Less suitable scenarios include buyers needing three or more bedrooms, a private pool, or a large private garden; the communal facilities cover outdoor swimming but not private plot ownership. Buyers seeking new-build warranties on a just-completed construction phase should note the building already dates from 2023, so the standard ten-year structural guarantee period has partially elapsed.

Build Quality & Finishing

The interior specification is documented in detail. The kitchen was recently replaced and finished in dark wood cabinetry with a central island, BORA induction cooking with an integrated extractor, and fully integrated Siemens appliances, a combination typically found in upper-tier finishes. The bathrooms are contemporary, with a bathtub and vanity unit visible in the property imagery, and both bedrooms have en-suite facilities. Floor-to-ceiling sliding doors in the living area maximise light and open the interior onto the terrace; the hallway includes lift access, which removes the need to carry shopping or luggage upstairs. The rooftop solarium has been newly retiled, and the overall condition of the property is recorded as excellent. Climate control is provided by air conditioning units capable of both hot and cold operation, which covers both the summer months, when average temperatures reach 28°C, and the mild winter period around 12°C. Views are documented as sea, mountain, beach, country and panoramic, consistent with the elevated top-floor position facing south-west. Practical infrastructure includes a private underground parking space and a secure storage room. Communal areas consist of maintained gardens and a communal swimming pool, maintained collectively by the community. As with any purchase of a completed resale or recent-build home, buyers are advised to verify the exact appliance inventory, community fee structure and the remaining coverage under the building's structural guarantee during the due diligence phase, since these details sit outside the scope of the listing data.

Price & Context

Price & Availability

The property is an existing, key-ready home offered at a fixed asking price of €589,000, not a starting price from which other units vary. The price reflects a completed 2023 build with an upgraded kitchen, two en-suite bathrooms, approximately 60 m² of terraces and solarium, and an underground parking space with storage room. For context, nearby new-build projects advertise starting prices between €205,000 and €269,950, but those figures relate to different typologies and locations. Availability is immediate upon completion of the purchase process, subject to the usual Spanish transaction procedures and taxes.

€589,000
Price
2
Bedrooms
62 m²
Living Area
2
Bathrooms
€361
IBI/yr
€129
Basura/yr

Context & Surroundings

Daily life in this penthouse centres on the sequence of indoor space, terrace and solarium. The interior is a single open-plan living area with the kitchen as its focal point: a central island with dark wood cabinetry, BORA induction cooking with an integrated extractor, and fully integrated Siemens appliances. Floor-to-ceiling sliding doors connect this space directly to the south-west facing terrace, so afternoon and evening light enter the main living area for most of the day. A feature staircase leads from the terrace level to the private rooftop solarium, which has been newly retiled and offers open views along the coastline towards Gibraltar and, in clear conditions, the North African mountains. The two bedrooms are both doubles with en-suite bathrooms and built-in wardrobes, which suits couples, small families or a home used for guests. Practically, the morning routine requires little travel: the supermarket is 79 m away and the pharmacy 131 m, both within a two-minute walk. The beach at Playa del Sol Villacana is roughly 0.9 km in a straight line, a walk of ten to fifteen minutes depending on route. Within 2 km there are sixteen restaurants, two cafés, four pharmacies and a bank, so eating out and daily errands do not depend on the car. For sport, the Racket Club Villa Paderna is 0.7 km away and three golf courses lie within 2 km. The communal pool and gardens provide shared outdoor space that requires no personal maintenance. A private underground parking space and storage room come with the property, which matters both for security and for keeping the 62 m² interior uncluttered.

Request Information

Location: Cancelada

Living & Surroundings

Cancelada functions as a residential node on the New Golden Mile, the coastal stretch between Estepona and Marbella. The immediate surroundings are urban with walkable amenities: supermarket at 79 m, pharmacy at 131 m, and within 2 km a total of sixteen restaurants, two cafés, four pharmacies, one bank and one park. This density of everyday services within walking or cycling distance reduces car dependency for routine errands. Healthcare is covered by a hospital 2.9 km away in a straight line and two health centres in the wider area. Education options include nineteen primary schools and ten secondary schools in the region, with The International School of Estepona at 2.3 km. Sports infrastructure is notably close: Racket Club Villa Paderna at 0.7 km, a tennis club at 1.4 km and RozaRossa Tennis and Padel Club at 2.2 km, alongside three golf courses within 2 km. Public transport consists of four lines serving 21 stops in the area, providing a basic bus network, though most residents use a car for longer journeys. Electric-vehicle owners can charge at a Supercharger 0.8 km away. The area's tourism profile, 24 hotels with around 6,900 beds, means the population swells in summer, so beach access and restaurant traffic vary noticeably between July, August and the quieter winter months.

Map & Location

The map shows the penthouse's position between the coast and the golf courses of the New Golden Mile. The beach strip lies under 1 km to the south, supermarkets and pharmacies sit immediately around the community, and Marbella, Estepona and the airports frame the wider region.

Oceanfront room with balcony, stunning sea view, and private dock access.

Approximate area · exact address shared on request

Location in the Region

Cancelada occupies a middle position on the western Costa del Sol, between Estepona to the west and Marbella 16 km to the east as the crow flies. Málaga city and its airport lie further along the coast, roughly 55–63 km in a straight line, while Gibraltar is around 44 km to the south-west. This places the property within the New Golden Mile, a stretch known for residential communities, golf courses and hotel resorts rather than high-density tower blocks. The regional context combines proximity to two substantial service centres, Estepona and Marbella, the latter with nearly 148,000 inhabitants, with the quieter, lower-rise character of Cancelada itself.

Accessibility & Amenities

The nearest beach, Playa del Sol Villacana, lies 0.9 km away as the crow flies, with Playa de Guadalmansa at 1.0 km and Playa del Saladillo at 1.1 km; actual walking distances by road are longer. The gradient to the coast is 2.8%, effectively flat, so the walk is undemanding. The listing cites 43 km to the airport by road, which corresponds to travel times in the region of 35–40 minutes by car depending on traffic; Málaga Airport sits roughly 55 km away in a straight line and Gibraltar Airport about 44 km. Marbella is 16 km straight-line distance, with Puerto Banús marina 9.5 km away for mooring and dining. Estepona town is the nearest sizeable centre. Golf access is a defining feature: El Coto de la Serena at 1.4 km, Flamingos Golf at 1.5 km and Tramores Golf at 2.0 km. A car remains the practical mode for airport transfers, Marbella and Estepona; the local bus lines cover basic connectivity but are not a full substitute for private transport.

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

Source: OpenStreetMap, Google Maps

Cozy room with ocean view, featuring a balcony, comfortable seating, and a private beach access.

Nature & Climate

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

The location sits at 31 m above sea level with a flat approach to the coast, which means no significant climbs between the home and the beach. The climate is Mediterranean with an average annual temperature of 19.3°C and monthly averages ranging from 12°C in winter to 28°C in high summer. The swimming season extends to roughly six months per year, during which sea temperatures remain at or above 20°C, a longer usable beach season than Atlantic coasts, and consistent with the outdoor orientation of the terraces and solarium. Rainfall concentrates in the cooler months, leaving the May-to-October period largely dry, which supports year-round use of the rooftop space. The documented mountain and country views indicate the proximity of the Sierra Bermeja foothills behind Cancelada, giving walking and hiking options inland alongside the coastal strip. The south-west orientation of the main outdoor spaces receives sun through the afternoon and evening, favouring sunset use, a point the existing description links to views towards Gibraltar.

6 Swim Season Months
19.3°C Avg. Annual Temperature
31m Elevation

Source: Open-Meteo (2020–2025 average)

Beaches & Recreation

Three beaches lie within about 1.1 km in a straight line: Playa del Sol Villacana (0.9 km), Playa de Guadalmansa (1.0 km) and Playa del Saladillo (1.1 km), giving residents a choice of access points along this stretch of coast. The swimming pool at Parque Antena is 1.1 km away as an alternative to the communal pool within the community. Golf is the strongest recreational asset: Club de Golf El Coto de la Serena (1.4 km), Flamingos Golf (1.5 km) and Tramores Golf (2.0 km) put three courses within a five-minute drive. Racket sports are equally well served, with Villa Padena at 0.7 km, a tennis club at 1.4 km and RozaRossa Tennis and Padel Club at 2.2 km. For maritime recreation, Puerto Deportivo José Banús is 9.5 km away, offering moorings, waterfront dining and the associated nightlife of the Marbella area. The concentration of 24 hotels and nearly 7,000 tourist beds in the wider area reflects the recreational economy of the zone, which sustains restaurant and leisure provision through the season but also increases summer crowding on the beaches.

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 city with a mix of urban and green areas.

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 Restaurants
4 Pharmacies
1 Banks
1 Parks
2 Cafés

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)

Project Details

Project Name 2 Bed Penthouse in Cancelada
City Cancelada
Region Costa del Sol
Price €589,000
Living Area 62 m²
Avg. price per m² €9,500 / m²
Terrace 60 m²
Bedrooms 2
Bathrooms 2
Parking Yes
Pool Yes
Garden Yes
Build Status key_ready
Beach Distance 0.9 km
Completion Completed 2023
IBI/yr €361
Basura/yr €129
Published 2026-09-12

Ref: VL605419

Source: Wikipedia, Wikidata, INE, Junta de Andalucía

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Technical Facts
The property includes a private underground parking space and a secure storage room.
The kitchen was recently installed with BORA induction cooking and integrated Siemens appliances.
The area records an average annual temperature of 19.3°C with a six-month swimming season.
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