Penthouse·Ref R4101883
2-Bed Penthouse in Cancelada, Estepona — €550,000
€550,000- 2 beds
- 2 baths
- 215 m² built
- 30 m² terrace
About the residence
A stunning penthouse apartment which has been dramatically reduced in price and situated on the beachfront near to Estepona.
Has a valid Touristic license Built on two levels, the open plan lounge and dinning area is large, spacious and bright. The floors and bathrooms are in cream marble throughout. On the second level you have two extra large bedrooms with private en-suite shower and bath. There are also quality fitted wardrobes in each room.
The kitchen is large and fully equipped with top of the range fixtures and fittings.
There is a large terrace on each floor with magnificent views to the sea. You also have a Jacuzzi on the upper terrace and an extra room which can be either used as another bedroom or office/study.
This apartment can also be rented which will also generate an income during the time you do not wish to use it.
The price is negotiable with all reasonable offers considered.
For rent short term 1500 euros per week.
Features
Specification
- Orientation
- South
- Condition
- Good, Renovation Required +1
- Pool
- Communal, Jacuzzi
- Views
- Sea
- Furniture
- Not Furnished
- Climate
- Air conditioning
Highlights
- Solarium
- Private Terrace
- Beachfront
- Marble Flooring
- Double Glazing
Highlights continued
- Close To Golf
- Close To Shops
- Close To Sea
- Urbanisation
- Fully Fitted
Setting
- Close To Golf
- Close To Shops
- Close To Sea
- Urbanisation
- Beachfront
Views
- Sea
Interior
- Marble Flooring
- Double Glazing
- Fully Fitted
Exterior
- Private Terrace
- Solarium
Pool
- Communal
- Jacuzzi
Climate Control
- Air Conditioning
Furniture
- Not Furnished
Condition
- Good
- Renovation Required
- Restoration Required
Orientation
- South
Category
- Holiday Homes
Features
- Restaurant On Site
Location
This residence sits within Cancelada, Estepona. The map outlines the area — the exact address is shared with qualified buyers once we've spoken.
The numbers
The numbers on this home.
A working estimate of purchase costs and mortgage payments for this residence. All values indicative — we'll walk you through the exact figures for your situation.
Spanish mortgages are denominated in euros
Purchase costs
- Transfer tax (ITP, 7%)
- €38,500
- Notary & land registry (≈0.75%)
- €4,125
- Legal fees (1% + VAT)
- €6,655
- Purchase costs (~10–12%) details
- €49,280
Good to know
Purchase costs are payable on completion, in addition to the price. Resale homes carry transfer tax; new builds carry VAT and stamp duty. Notary, registry and legal fees apply either way — and a mortgage adds an arrangement fee of roughly 1.5% of the loan.
Guide only — figures are indicative and vary with the individual transaction and lender. We'll walk you through the exact costs for this residence.
Mortgage
Minimum 30% for non-residents
Maximum term depends on your age — typically the mortgage must end by age 75.
Variable rate (Euribor + margin) — currently around 3.2% via our mortgage partner.
- Deposit
- €165,000
- Loan amount
- €385,000
- Arrangement fee (1.5% of loan)
- €5,775
- Monthly payment
- €1,866
Total cash required
€220,055
Monthly payment
€1,866
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