Ground-Floor 3-Bedroom Apartment in Urb Playa Cancelada, Estepona
C Alberto Urb Playa Cancelada, Estepona · Malaga
3 Bed2 Bath134 m²Energy: G
Description
This new-build ground-floor apartment in Urbanización Playa Cancelada, Estepona, offers 134 m2 of living space across 3 bedrooms and 2 bathrooms. The development rises to 2 floors and includes a lift, a communal pool, and 2 allocated parking spaces. Being on the ground floor, the apartment provides direct access without stairways, making it practical for year-round living or extended stays.Playa Cancelada sits along the western stretch of Estepona's coastline, roughly 20 minutes by car from Málaga Airport (AGP). The Urbanización Playa Cancelada area is close to the N-340 coastal road, with local supermarkets, beach bars, and Estepona's Saturday morning market all within a short drive. The nearest beach access points are along the Cancelada frontline, and the town centre of Estepona, with its covered fish market and grid of pedestrianised streets, is approximately 6 km east.Priced at EUR 494,900, the cost per m2 works out at approximately EUR 3,693. As a new-build property, purchase taxes apply at 10% IVA rather than transfer tax, adding approximately EUR 49,490 in tax alone. Notary fees are typically EUR 600 to 1,200 and land registry costs EUR 400 to 800. Legal fees are generally around 1% of the purchase price plus VAT. Community fees are currently listed at EUR 0 and IBI data is not yet available from the developer. The energy rating is G. Playa Cancelada attracts consistent rental demand from visitors to the western Costa del Sol, which may be relevant for buyers considering short-term letting.
Features
- New build
- Ground floor
- 3 bedrooms
- 2 bathrooms
- 134 m2 build size
- Communal pool
- Lift
- 2 parking spaces
- Air conditioning
- Double glazing
Property Details
| Property Type | Apartment |
| Bedrooms | 3 |
| Bathrooms | 2 |
| Built Area | 134 m² |
| Floor | 0 / 2 |
| Energy Certificate | G |
| Reference | 13499340-01 |
Distances & Nearby
- airport
- 20 min (Málaga AGP)
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Location
C Alberto Urb Playa Cancelada, Estepona · 36.4641, -5.0595
About C Alberto Urb Playa Cancelada, Estepona
Estepona is one of the most popular destinations on Spain's Costa Blanca.
Frequently Asked Questions
What are the total purchase costs on top of the asking price?
As a new-build, you pay 10% IVA (approximately EUR 49,490 on this property) rather than transfer tax. Additional costs include notary fees of EUR 600 to 1,200, land registry fees of EUR 400 to 800, and legal fees of approximately 1% of the purchase price plus VAT (around EUR 4,949 plus VAT). In total, budget for roughly 12 to 13% on top of the EUR 494,900 asking price.
Can I get a mortgage as a non-resident buyer in Spain?
Yes. Spanish banks typically lend non-residents up to 60 to 70% of the purchase price or valuation, whichever is lower, meaning a deposit of 30 to 40% is usually required. On EUR 494,900, that equates to a deposit of approximately EUR 148,470 to EUR 197,960. Current variable and fixed mortgage rates from Spanish lenders range from roughly 3.5% to 4.5% APR, though terms vary by lender and applicant profile.
What are the ongoing running costs for this apartment?
Community fees are currently listed at EUR 0 per month, though this may be updated once the development is handed over. IBI (council tax) figures have not yet been confirmed by the developer. Utility costs such as water and electricity will depend on personal usage. We recommend requesting a full breakdown from the developer prior to signing any contract.
Can I view this property remotely?
Yes. Our team can arrange a live video viewing via WhatsApp or video call if you are unable to visit in person. We can walk through the show apartment or plot, discuss the development plans, and answer questions in real time. To book a video or in-person viewing, contact OceanHome directly.
Is this apartment suitable for holiday rental?
Playa Cancelada and the western Estepona coastline attract consistent visitor demand throughout the year, particularly from spring to autumn. Ground-floor apartments with communal pool access and 2 parking spaces can be competitive on short-term rental platforms. You would need to obtain a tourist licence from the Junta de Andalucía before letting the property commercially. Our team can advise on the licensing process.
What does the purchase process involve?
First, you will need an NIE (Número de Identificación de Extranjero), which is a Spanish tax identification number required for all property transactions. Once you have agreed a price, a reservation fee is paid to take the property off the market. This is followed by a private purchase contract (arras), where typically 10% of the price is paid. The balance is then transferred at the notary on completion, when the title deeds (escritura) are signed and the property is formally registered in your name.

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The Heart of Our Operations
Co-founder of OceanHome. Helping international buyers find their dream property in Spain since 2004.
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Key Details
- Type
- apartment
- Bedrooms
- 3
- Bathrooms
- 2
- Build Size
- 134 m²
- Energy Rating
- G


