New-Build 3-Bedroom Penthouse in Urb Playa Cancelada, Estepona
C Alberto Urb Playa Cancelada, Estepona · Malaga
3 Bed3 Bath128 m²Energy: G
Description
A new-build top-floor penthouse in Urbanización Playa Cancelada, Estepona, this 128 m2 property sits on the second and uppermost floor of a two-storey development. It offers 3 bedrooms, 3 bathrooms, a private solarium, and 2 allocated underground parking spaces. The building is served by a lift and features a communal pool for residents.Playa Cancelada is a residential coastal strip within Estepona municipality, positioned roughly 20 minutes by road from Málaga Airport (AGP). The urbanisation sits close to Avenida de las Mimosas and Calle Alberto, with the shoreline and local supermarkets within easy reach. Playa Cancelada offers a quieter alternative to central Estepona while remaining connected to the town's main amenities.Priced at EUR 518,400, the price per m2 works out at approximately EUR 4,050. As a new-build property in Andalusia, the applicable purchase tax is IVA at 10% (EUR 51,840), plus notary fees of roughly EUR 600 to 1,200, land registry fees of EUR 400 to 800, and legal fees of approximately 1% plus VAT. Community fees are currently listed at EUR 0 and IBI figures are not yet confirmed. The energy rating is G. Given the coastal location, the property may be suitable for holiday rental use subject to obtaining the relevant Junta de Andalucía tourist licence.
Features
- Communal pool
- Private solarium
- Lift
- 2 underground parking spaces
- 3 bathrooms
- New build
- Top-floor position
- Air conditioning
Property Details
| Property Type | Penthouse |
| Bedrooms | 3 |
| Bathrooms | 3 |
| Built Area | 128 m² |
| Floor | 2 / 2 |
| Energy Certificate | G |
| Reference | 13499340-02 |
Distances & Nearby
- airport
- 20 min (Málaga AGP)
✈️
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 purchase costs on top of the asking price?
As a new-build property in Andalusia, you pay IVA at 10% instead of ITP. On EUR 518,400 that is EUR 51,840 in purchase tax. Add notary fees of approximately EUR 600 to 1,200, land registry fees of EUR 400 to 800, and solicitor fees of around 1% of the purchase price plus VAT (roughly EUR 6,221 including VAT). Total additional costs are typically 12 to 14% of the price.
Can I get a mortgage as a non-resident buyer?
Spanish banks generally lend up to 60 to 70% of the purchase price to non-residents, meaning you would need a deposit of 30 to 40%. On EUR 518,400, a 40% deposit equates to EUR 207,360. Current variable and fixed mortgage rates from Spanish lenders typically range from 3.5% to 4.5% APR, though individual offers vary. We can connect you with an independent mortgage broker who works with international buyers.
What are the ongoing running costs for this penthouse?
Community fees are currently listed as EUR 0 per month, though this figure should be confirmed with the developer before exchange. The annual IBI (council tax) figure has not yet been set, as the property is new build. Utility costs and basura (rubbish collection) charges will be confirmed once the property is registered with the local authority.
Can I arrange a viewing remotely?
Yes. We offer video viewings via WhatsApp, FaceTime, or Zoom for buyers who cannot travel immediately. Our agents can walk through the show apartment or the actual unit, depending on build stage, and answer questions in real time. In-person viewings can be arranged with advance notice.
Is this property suitable for holiday rental?
Playa Cancelada's coastal position within Estepona municipality makes it a plausible candidate for short-term holiday rental. To let legally on platforms such as Airbnb or Booking.com, you must obtain a Vivienda con Fines Turísticos (VFT) licence from the Junta de Andalucía and comply with community rules. We recommend verifying the development's community statutes before purchase if rental income is a priority.
What are the main steps in the purchase process?
First, obtain a Spanish NIE (tax identification number), which your solicitor can arrange. You then pay a reservation fee, typically EUR 6,000 to 10,000, to take the property off the market. This is followed by a private purchase contract (arras or contrato de compraventa) with a further deposit of around 10%. For new builds, staged payments during construction are common. Completion takes place before a Spanish notary, at which point the balance is paid and keys are handed over.
Maya Kallio💚
The Heart of Our Operations
Co-founder of OceanHome. Helping international buyers find their dream property in Spain since 2004.
WhatsAppEnquire About This PropertySchedule a CallLanguages:EnglishFinnishSwedishSpanish
View LinkedIn ProfileQuick Enquiry
Interested in this property? Send us a message.
By submitting, you agree to our privacy policy.
Key Details
- Type
- penthouse
- Bedrooms
- 3
- Bathrooms
- 3
- Build Size
- 128 m²
- Energy Rating
- G
