Penthouse·Ref R5032273

3-Bed Penthouse in Cancelada, Estepona€595,000

€595,000
  • 3 beds
  • 3 baths
  • 100 m² built
  • 107 m² terrace

About the residence

Modern Scandinavian-Style Penthouse in Cancelada This brand-new 3-bedroom penthouse, completed in 2025, perfectly combines inspired design with high-quality finishes. Offering the ideal balance of comfort, elegance, and functionality, it is the perfect choice for families, couples, or investors seeking a stylish home in a peaceful and well-connected location. LPO in Place and all licenses.

Penthouse Layout The bright, open-plan living area features a comfortable sofa and armchairs that flow seamlessly onto a spacious south-facing terrace, overlooking the beautifully maintained gardens and offering partial sea views an ideal space for relaxing, dining, or enjoying the sun. Next to the living area, the fully equipped kitchen includes modern appliances and all essentials for everyday living.

The property offers three elegant bedrooms: Master Bedroom: En-suite bathroom with elegant fittings and private terrace access. Second Bedroom: Spacious, with built-in wardrobes and plenty of natural light. Third Bedroom: Ideal for guests or children, with en-suite bathroom and ample storage.

From the rooftop terrace, residents can enjoy a peaceful setting — perfect for evening gatherings or a sunset drink while taking in the Mediterranean atmosphere. Located in the quiet, residential area of Cancelada, this exclusive gated community offers privacy, security, and a true sense of tranquility while remaining close to all amenities. The beach, supermarkets, and cafés and restaurants are within walking distance, while Marbella and Estepona are just 15 minutes away. Málaga Airport can be reached in 45 minutes, ensuring convenient international access.

Distances Cancelada Village – 15 min on foot Restaurants - 500 meters Local beaches – 8 min by car Marbella – 15 min by car Estepona – 15 min by car Málaga Airport – 45 min by car

Key Features – Newly built – total area of 207 m² (100 m² built area and 107 m² terrace). – 3 spacious bedrooms and 3 bathrooms – South-facing orientation – Fully furnished and move-in ready – Partial sea views & garden outlook – Air conditioning (hot/cold) – Rooftop terrace with sunlit spaces – Private underground garage & elevator access – Gated community with controlled entry – Communal pool & landscaped gardens – Peaceful residential environment – Excellent investment potential with great return This penthouse offers the perfect harmony of luxury, comfort, and lifestyle, a bright and elegant retreat on the Costa del Sol, ideal as a permanent residence or a high-performing investment property.

Features

Specification

Orientation
South
Condition
Excellent, New Construction
Pool
Communal
Views
Sea
Furniture
Optional
Parking
Private
Security
Gated Complex
Climate
Air conditioning

Highlights

  • Gym
  • Covered Terrace
  • Private Terrace
  • Fitted Wardrobes
  • Close To Shops

Highlights continued

  • Close To Schools
  • Urbanisation
  • Ensuite Bathroom
  • Fully Fitted
  • Electricity

Setting

  • Close To Shops
  • Close To Schools
  • Urbanisation

Views

  • Sea

Interior

  • Fitted Wardrobes
  • Gym
  • Ensuite Bathroom
  • Fully Fitted

Exterior

  • Covered Terrace
  • Private Terrace

Pool

  • Communal

Parking

  • Private

Climate Control

  • Air Conditioning

Security

  • Gated Complex

Utilities

  • Electricity

Furniture

  • Optional

Condition

  • Excellent
  • New Construction

Orientation

  • South

Category

  • Investment

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

VAT (IVA, 10%)
€59,500
Stamp duty (AJD, 1.2%)
€7,140
Notary & land registry (≈0.75%)
€4,463
Legal fees (1% + VAT)
€7,200
Purchase costs (~10–12%) details
€78,302

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

€178,500

Minimum 30% for non-residents

Maximum term depends on your age — typically the mortgage must end by age 75.

3.20%

Variable rate (Euribor + margin) — currently around 3.2% via our mortgage partner.

Deposit
€178,500
Loan amount
€416,500
Arrangement fee (1.5% of loan)
€6,248
Monthly payment
€2,019

Total cash required

€263,050

Monthly payment

€2,019

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