A refurbished top-floor penthouse in Cancelada, a residential village between Estepona and Marbella on the Costa del Sol. The apartment is registered on the deeds as a two-bedroom home with roughly 120 m² of space; after refurbishment a third bedroom was created from part of the terrace. It has one full bathroom plus a separate WC, fitted wardrobes and a south-, east- and west-facing orientation that brings daylight into the rooms throughout the day. The asking price is a fixed €329,000 and the property is key-ready. Note that it sits on the second floor of a building without a lift.
Against comparable projects on the Costa del Sol, this penthouse occupies a distinct position. New-build alternatives such as Lantana Residencial in Mijas start from €205,000 and Aquamar in Torre del Mar from €269,950, both further east along the coast, while Etherna Homes 2 in the same Estepona municipality starts from €321,000, close to this apartment's fixed €329,000 asking price. The essential difference is specification versus space: new-build projects deliver modern energy standards, communal pools, lifts and developer warranties, but at their entry price typically offer smaller apartments or fewer bedrooms. This resale offers three bedrooms in practice, a triple orientation and a refurbished interior in an established village, at the cost of a 2002 building, no lift and an unregistered third bedroom. Location-wise, Cancelada sits between Estepona town and Marbella (16 km), on the New Golden Mile corridor where resale values are supported by golf infrastructure and international schools. The local market is active, with 3,466 housing transactions per year in the area, indicating reasonable liquidity for a future resale. Buyers comparing options should weigh the terrace-conversion question carefully: an unregistered extra bedroom affects mortgage valuation and notarial handling, and may require regularisation, a process common in the region but with costs and timelines. Equally, the density of amenities within 2 km, the 0.8 km beach distance and the six-month swimming season compare well with inland new-build estates that sit further from the sea at similar prices.
Key characteristics of location, homes, project phase and points of attention.
Cancelada lies inland of the N-340, roughly 0.8 km as the crow flies from Playa del Saladillo and within a short drive of Estepona and Marbella. The immediate area counts restaurants, pharmacies and banks within 2 km, and three golf clubs sit within 1.7 km straight-line distance. The setting is urbanised rather than rural, with shops and schools nearby.
The home suits buyers seeking a ready-to-move-into apartment with three bedrooms and dual-aspect light rather than a project requiring works. Fitted wardrobes, a covered terrace and a separate WC add everyday practicality. The multi-aspect orientation means morning sun on the east side and evening light on the west. The absence of a lift makes daily access a consideration for some households.
This is an existing apartment completed in 2002 and recently refurbished, not a new-build development. It is key-ready, so there is no construction phase or waiting period; the completion date of the refurbishment should be verified with the seller. Any date given is indicative. The building itself is over twenty years old, which is relevant context for maintenance expectations.
The property does not offer a lift, and the third bedroom is not reflected in the cadastral registration, which currently records two bedrooms. There is no mention of private parking, a garage, a swimming pool or a communal garden. The living area shown in the data is 90 m², while the description mentions roughly 120 m² including the terrace conversion, this discrepancy needs verification.
This penthouse fits several recognisable situations. A buyer wanting a ready second home near the coast, without renovation works or construction delays, can move in directly after purchase. Households needing three bedrooms at a mid-range Costa del Sol budget will find the terrace conversion delivers an extra room, though they must accept that the deeds register two bedrooms, relevant for mortgage valuation and resale. Permanent residents who value walkable daily amenities, restaurants, pharmacies, banks and a park within 2 km, can manage without a car for most errands, although a vehicle remains useful for beach trips, golf and airport runs. Buyers sensitive to light will appreciate the triple orientation, which few single-aspect apartments offer. Conversely, the property is less suitable for those who require a lift, a private pool or extensive grounds, since none of these are present. Investors considering rental use should weigh the location 0.8 km from the beach, close but not frontline, and the strong local supply context, with 3,466 housing transactions per year in the area indicating an active market. Retirees who plan to live here year-round should factor the second-floor access without a lift into their decision. In short, the apartment serves pragmatic buyers prioritising space, light and a functional village location over resort facilities and new-build specification.
The apartment was completed in 2002 and has since undergone a refurbishment that created the third bedroom from part of the terrace and updated the interior. The photographs show a kitchen with fitted cabinetry, a dining room with wooden furniture and dedicated lighting, a living room with a fireplace, and a bedroom with window views and shelving. Wooden furniture and finishes recur across the rooms, consistent with a Mediterranean interior approach. Fitted wardrobes provide storage in the bedrooms, reducing the need for additional furniture. The covered terrace extends the usable space and is partially glazed or enclosed to form the extra bedroom; the quality of this conversion, insulation, ventilation and legal status, should be inspected, since it is not reflected in the property registry. Technically, the building dates from 2002, meaning construction standards of that era apply: the buyer should verify the condition of plumbing, electrical wiring and windows, which may be original. One full bathroom and a separate WC serve the household. The condition is described as excellent, but as with any resale, an independent technical survey is the reliable way to confirm the state of the structure, the roof (relevant for a top-floor unit) and the terrace enclosure. No information is available about communal facilities, parking or storage rooms, so these points require clarification with the seller or community.
The asking price is a fixed €329,000 for the complete apartment as offered. This is an existing resale property, not a new-build with a price list, so no 'from' pricing applies. What is included, furniture, the terrace conversion, any parking rights, should be confirmed in writing before purchase. Buyers should also note the registered living area of 90 m² against the roughly 120 m² mentioned in marketing materials, since price per square metre comparisons depend on which figure applies. Availability is immediate in principle, as the home is key-ready; the actual transfer date depends on the sales process and notarial scheduling.
Daily life in this penthouse revolves around light and practicality. Because the apartment faces south, east and west, the sun moves through the rooms across the day: morning light on the eastern side, midday and afternoon sun from the south, and evening glow in the west-facing spaces. The covered terrace, partly converted into the third bedroom, still functions as an outdoor extension of the living space. The interior has been refurbished, with a kitchen, dining area, living room with fireplace and fitted wardrobes in the bedrooms. Cancelada itself is a working village rather than a resort: within 2 km there are 24 restaurants, four pharmacies, two banks, two cafés and a park, so groceries, errands and coffee runs do not require a car. The setting is described as urbanisation with commercial facilities nearby, which means the rhythm is year-round rather than seasonal. The apartment sits on the second floor of a building without a lift, a modest climb that shapes daily routines for residents with mobility considerations or heavy shopping. For a second home, the lock-and-leave nature of an apartment in an urbanised area is straightforward to manage. For permanent living, the proximity of schools, 19 primary and 10 secondary in the wider area, plus international schools within roughly 1.6 km, makes the location workable for families. Evenings can end with a walk to Playa del Saladillo, less than a kilometre away as the crow flies, with a moderate 3.2% gradient on the route down.
Cancelada functions as a residential village on the Estepona, Marbella corridor, and daily infrastructure reflects that. Within 2 km, residents have access to 24 restaurants, four pharmacies, two banks, two cafés, a dentist and a park, enough to cover routine needs on foot or by bicycle. Healthcare is served by two health centres in the wider area. Public transport exists, with four lines and 21 stops, giving car-free residents a fallback for longer trips, though service frequency should be checked against personal schedules. For sport, three clubs sit within 1.5 km as the crow flies: Racket Club Villa Paderna at 0.7 km, Club de Tenis at 0.8 km and RozaRossa Tennis and Padel Club at 1.5 km. Golfers can reach Flamingos Golf at 1.4 km, Tramores Golf at 1.6 km and El Paraiso Golf Clubhouse at 1.7 km, an unusually dense cluster within walking or short driving distance. An electric-vehicle charging point, the Supercharger in Estepona, lies 1.5 km away. The urbanisation setting means neighbours and traffic are present year-round, and the area does not empty out in the off-season the way purely tourist zones do. The trade-off of this inland-but-close position is the roughly 800-metre walk to the sea, with a moderate 3.2% gradient on the return.
The map shows the penthouse's position in Cancelada, just inland of the Estepona coast. Note the cluster of golf and tennis clubs within about 1.5 km, the three beaches to the south, and the corridor axis towards Marbella (16 km) and Estepona. All distances shown are straight-line; road routes are longer.
Approximate area · exact address shared on request
Cancelada occupies a strategic middle position on the western Costa del Sol: 16 km from Marbella, part of Estepona municipality, and roughly equidistant between the region's two airports at Gibraltar (about 44 km) and Málaga (about 54 km), all straight-line figures. This places the property within the established New Golden Mile corridor, where golf courses, international schools and beach developments run continuously between Estepona and Marbella. Compared with properties deep inside either town, the location trades urban density for village calm while retaining corridor-wide accessibility.
The nearest beach, Playa del Saladillo, is 0.8 km away in a straight line, with Playa del Sol Villacana at 1.0 km and Playa de Guadalmansa at 1.5 km. Marbella lies 16 km as the crow flies, Estepona is the immediate municipal town, and Málaga city with its 579,076 inhabitants is 63 km away. Two airports serve the area: Gibraltar at approximately 44 km and Malaga-Costa del Sol at approximately 54 km, both straight-line figures, actual driving distances and times are longer. Puerto Deportivo José Banús marina is 8.8 km away for boat owners and marina visits. A swimming pool facility, Parque Antena, is 1.8 km from the property. Road access runs via the coastal N-340/A-7 corridor, which connects Cancelada to both Estepona and Marbella; a car remains the practical choice for beach days, golf rounds and airport transfers, although local buses and the nearby amenities reduce dependency for daily errands.
| Beach Distance | 0.8 km |
| Gibraltar (GIB) | 44 km |
| Malaga-Costa del Sol (AGP) | 54 km |
Source: OpenStreetMap, Google Maps
The area sits at 30 m above sea level with a moderate 3.2% gradient towards the coast, meaning gently rolling rather than steep terrain between the village and the beach. The climate is Mediterranean: average monthly temperatures range from 12°C in the coolest month to 26°C in the warmest, with an annual average of 19.3°C. The swimming season lasts around six months, during which sea temperatures hold at 20°C or above, so water-based recreation runs roughly from late spring into autumn. The property's triple orientation interacts directly with this climate: east-facing rooms catch cooler morning sun, the south aspect provides winter warmth, and west-facing spaces take the long evening light of southern Spain. Mountain and country views are visible from the property, part of the inland position between the coastal strip and the Sierra. The elevated second-floor position, on top of its building, adds openness to the outlook across the surrounding urbanisation. Rainfall concentrates in the cooler months, leaving long dry stretches suitable for terrace use and outdoor living through most of the year.
Source: Open-Meteo (2020–2025 average)
Three beaches sit within 1.5 km straight-line distance: Playa del Saladillo at 0.8 km, Playa del Sol Villacana at 1.0 km and Playa de Guadalmansa at 1.5 km. These are the sandy coves and stretches of the Estepona coast, reachable on foot or by a short drive from Cancelada. For racquet sports, three clubs, Racket Club Villa Paderna, Club de Tenis and RozaRossa Tennis and Padel Club, lie between 0.7 km and 1.5 km away, an unusual concentration that gives residents weekly playing options without long travel. Golf is equally close: Flamingos Golf (1.4 km), Tramores Golf (1.6 km) and El Paraiso Golf Clubhouse (1.7 km) form a cluster of courses around the valley. A public swimming pool at Parque Antena (1.8 km) supplements the beach season. Further afield, Puerto Deportivo José Banús at 8.8 km offers marina leisure, dining and the Marbella coastal scene. The tourism infrastructure in the wider area, 25 hotels with around 6,923 beds, supports restaurants and services that remain available through the year rather than closing after summer.
Source: OpenStreetMap
| Month | Avg. Temperature | Rainfall |
|---|---|---|
| January | 12.6°C | 90 mm |
| February | 13.5°C | 57 mm |
| March | 14.7°C | 182 mm |
| April | 16.7°C | 80 mm |
| May | 20.0°C | 36 mm |
| June | 24.2°C | 8 mm |
| July | 27.4°C | 1 mm |
| August | 27.5°C | 7 mm |
| September | 24.1°C | 28 mm |
| October | 20.6°C | 73 mm |
| November | 16.0°C | 97 mm |
| December | 13.8°C | 83 mm |
Moderate
Ref: VL088308
Source: Wikipedia, Wikidata, INE, Junta de Andalucía
With years of experience, Emma Whitfield expertly guides English-speaking clients through the intricacies of the Spanish property market. Her dedication ensures a smooth journey.
AI-assisted multilingual representative. Your inquiry is handled by the team behind this site.
Interested?
Leave your details and we will contact you shortly with more information about this project.
EN
DA
SV
NO
FI