This exclusive penthouse is situated within the established urbanisation 'The Residences' in Cancelada, Málaga. The development offers a blend of privacy, comfort, and elevated living. Featuring two bedrooms and two bathrooms, the layout is modern and functional. A key highlight is the spacious private terrace with sea views, providing ample outdoor space for relaxation or socializing. The bright, well-distributed living areas offer direct access to the terrace, enhancing the indoor-outdoor flow and overall sense of space.
This penthouse in Cancelada, priced from €730,000, falls into a higher price bracket compared to the comparable projects Aquamar (€269,950), Lantana Residencial (€205,000), and Etherna Homes 2 (€259,000), located in Torre del Mar and Mijas. These differences can be attributed to the specific location within the Costa del Sol, known for its premium property market, and the penthouse's own characteristics, such as sea views and immediate proximity to beaches and amenities. The projects in Torre del Mar and Mijas, while also coastal, may represent a different market segment or offer less exclusive locations or amenities. Environmental analysis shows Cancelada, part of Estepona, is an established urban area with a wide range of facilities and sports amenities, including numerous golf courses and beaches, which can influence property values. Its proximity to Marbella (16 km) appeals to buyers seeking the vibrancy and exclusivity of that area, while the distance to Málaga (63 km) ensures good accessibility via the international airport.
Key characteristics of location, homes, project phase and points of attention.
This penthouse is located in Cancelada, an urban area on the Costa del Sol. Its proximity to amenities, such as a supermarket just 79 meters away and a pharmacy at 131 meters, ensures a practical daily life. The location also offers good access to the coast, with beaches less than a kilometer away. The surroundings are characterized by a mix of residential living and local facilities.
For those seeking a combination of comfort, space, and views, this penthouse presents a suitable option. The presence of a private terrace with sea views is a significant draw. Furthermore, the functional layout with two bedrooms and two bathrooms, communal amenities like a swimming pool, and proximity to essential services align with contemporary living needs.
The project is already completed, with its original completion date in 1970. This means the building and its apartments have been in use for an extended period. The existing infrastructure of the urbanisation is mature. Potential buyers will be acquiring property within an established residential complex where the construction and communal areas have demonstrated their longevity over the years.
This project does not offer new construction qualities or the latest building techniques, as it was completed in 1970. There are no mentions of the most recent energy efficiency standards or innovative sustainability systems. The location is urban, which may imply less direct access to extensive natural areas compared to more rural developments.
This penthouse is suitable for buyers seeking an established residential location with direct access to amenities and the coastline. The apartment is suitable for couples, seniors desiring a quieter lifestyle, or investors looking for a property with rental potential in a desirable tourist region. Its proximity to golf courses and sports clubs appeals to outdoor enthusiasts. For those who travel frequently, the reasonable distance to Málaga Airport (43 km) is an advantage. The 134 m² living area provides ample space for comfortable living, whether for permanent residence or extended holidays. The apartment is immediately available, making it attractive for buyers who prefer not to wait for a new construction project.
Completed in 1970, this penthouse is presented in excellent condition. While specific material details are not provided, the imagery suggests a modern finish in the living areas, featuring a fully fitted kitchen equipped with stainless steel appliances. The inclusion of fitted wardrobes and air conditioning indicates attention to comfort and functionality. The property is fully furnished, facilitating immediate move-in or rental. Communal areas, such as the shared garden and swimming pool, contribute to the overall living experience. The gated complex security offers an additional layer of peace of mind.
This penthouse is offered starting from €730,000. The price reflects its location and features, such as the private terrace and its position within an established urbanisation. As the property is 'Completed', it is immediately available for occupancy or rental. The specifications of the apartment, with 2 bedrooms and 2 bathrooms across 134 m² of living space, place it in the higher segment of the market. Comparisons with projects like Aquamar (from €269,950), Lantana Residencial (from €205,000), and Etherna Homes 2 (from €259,000) reveal a significant price difference, underscoring the premium positioning of this Cancelada penthouse.
Cancelada, part of the Estepona municipality, is a well-established urban centre on the Costa del Sol. This penthouse is located within an urbanisation known for its mature landscaping and communal spaces. Daily life here is defined by convenience: essential amenities such as supermarkets and pharmacies are within walking distance, ensuring quick access to daily necessities. The proximity to various sports facilities, including tennis and padel clubs, and multiple golf courses, suggests an active lifestyle. Beaches like Playa del Sol Villacana and Playa de Guadalmansa are less than a kilometre away, promoting coastal recreation. The urban environment also boasts 24 hotels with nearly 7,000 beds, indicating tourist appeal and a vibrant atmosphere year-round due to permanent residents and proximity to larger cities like Marbella (16 km) and Málaga (63 km).
Cancelada, situated near Estepona, offers an urban living environment with a high density of amenities. Within a 2-kilometer radius, there are 16 restaurants, 4 pharmacies, 1 bank, 1 park, and 2 cafes, ensuring a vibrant and service-rich area. The proximity to educational institutions, including 19 primary and 10 secondary schools, also makes the location appealing for families. The presence of 24 hotels with almost 7,000 beds underscores the tourist infrastructure, potentially ensuring a lively atmosphere beyond peak seasons due to permanent residents and the proximity to larger cities like Marbella (16 km) and Málaga (63 km).
This map displays the location of the penthouse in Cancelada, a coastal area near Estepona. The markers indicate proximity to beaches, golf courses, shops, and Málaga Airport. The urban structure with amenities within walking distance is visualized here, as well as the connection to surrounding cities and the broader Costa del Sol network.
Approximate area · exact address shared on request
Cancelada is strategically positioned between the larger cities of Marbella (16 km) and Algeciras (51 km), with Málaga (63 km) serving as the regional capital. This placement within the Costa del Sol provides access to diverse urban centres, each offering unique cultural, shopping, and entertainment opportunities. The region is renowned for its coastline, golf courses, and Mediterranean lifestyle. This penthouse is situated in a part of the Costa del Sol that combines the tranquility of an established residential area with the dynamism of nearby tourist attractions and urban amenities.
This penthouse enjoys a convenient location relative to various amenities. The nearest beach, Playa del Sol Villacana, is just 914 meters away. Several golf courses, including Club de Golf El Coto de la Serena, are accessible within 1.4 km. Málaga Airport is approximately 43 km away as the crow flies, providing reasonable travel time for international travellers. Essential services like a supermarket (79 m) and a pharmacy (131 m) are within walking distance. Car accessibility is good, with an EV charging station located 821 meters away. The area is also served by 4 public transport lines with 21 stops, facilitating mobility without a car.
| Beach Distance | 0.9 km |
| Gibraltar (GIB) | 44 km |
| Malaga-Costa del Sol (AGP) | 55 km |
Source: OpenStreetMap, Google Maps
The location in Cancelada, Estepona, benefits from the Mediterranean climate of the Costa del Sol. With an average annual temperature of 19.3°C and 3,846 hours of sunshine per year, the region offers a predominantly pleasant climate. The swimming season extends over 6 months, with comfortable water temperatures. The altitude of 31 meters above sea level ensures a pleasant setting without extreme weather conditions. The gentle slope towards the beach of only 2.8% indicates a flat approach to the coastline, enhancing accessibility. Average temperatures range from 12°C in cooler months to 28°C in summer, contributing to comfortable outdoor living for a significant part of the year.
Source: Open-Meteo (2020, 2025 average)
The immediate proximity to the coast is a key feature of this penthouse. Beaches such as Playa del Sol Villacana (914 m) and Playa de Guadalmansa (976 m) are within walking distance. These beaches enhance the recreational opportunities of the location. In addition to beach activities, the area offers abundant sports facilities. Several golf courses, including Club de Golf El Coto de la Serena (1.4 km) and Flamingos Golf (1.5 km), are a short distance away. Tennis and padel clubs like Racket Club Villa Paderna (0.7 km) bolster the sporting offerings. The presence of swimming pools, such as Parque Antena (1.1 km), and the proximity of marinas like Puerto Deportivo José Banus (9.5 km), complete the recreational spectrum.
Source: OpenStreetMap
Cancelada is strategically positioned between the larger cities of Marbella (16 km) and Algeciras (51 km), with Málaga (63 km) serving as the regional capital. This placement within the Costa del Sol provides access to diverse urban centres, each offering unique cultural, shopping, and entertainment opportunities. The region is renowned for its coastline, golf courses, and Mediterranean lifestyle. This penthouse is situated in a part of the Costa del Sol that combines the tranquility of an established residential area with the dynamism of nearby tourist attractions and urban amenities.
| 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
Ref: VL643673
Source: Wikipedia, Wikidata, INE, Junta de Andalucía
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