New-Build 3-Bedroom Bungalow in Cancelada, Estepona
Cancelada Nueva Milla De Oro, Estepona · Malaga
3 Bed3 Bath256 m²Energy: G
Description
This ground-floor new-build bungalow in Cancelada (Nueva Milla de Oro) measures 254 m2 across three bedrooms and three bathrooms, all on a single level. Every bedroom includes built-in wardrobes, and the open-plan living and dining area opens directly onto a private terrace. Air conditioning is fitted throughout the property, and a dedicated parking space is included within the development.Cancelada sits within the Nueva Milla de Oro corridor, between Estepona and Marbella, and gives straightforward access to the N-340 coastal road. The area has a growing selection of supermarkets, restaurants and local services along and near the Avenida Cancelada. Estepona town centre, with its covered market on Calle Castillo and the Playa de la Rada, is reachable in under 15 minutes by car from Cancelada.The property sits within a gated development with communal pool and landscaped gardens. Community fees are listed at nil at the time of writing; buyers should confirm the final figure with the developer before exchange. IBI has not yet been assessed for this new-build. The energy rating is G. Málaga Airport is approximately 20 minutes by car.The private terrace adjoins the living room and provides direct access to the outdoor space, which is suitable for outdoor dining and seating. The communal gardens and pool are shared across the development.
Features
- New build
- Ground floor
- Air conditioning
- Communal pool
- Gated development
- Parking included
- Built-in wardrobes
- Three bathrooms
- Open-plan living and dining area
- Private terrace
- Communal gardens
- Energy rating G
- 20 minutes to Málaga Airport
Property Details
| Property Type | Bungalow |
| Bedrooms | 3 |
| Bathrooms | 3 |
| Built Area | 256 m² |
| Floor | 0 |
| Energy Certificate | G |
| Reference | 84697510-01 |
Distances & Nearby
- airport
- 20 min (Málaga AGP)
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Location
Cancelada Nueva Milla De Oro, Estepona · 36.4669, -5.0593
About Cancelada Nueva Milla De Oro, Estepona
Estepona is one of the most popular destinations on Spain's Costa Blanca.
Frequently Asked Questions
What purchase costs should I budget for beyond the asking price?
As a new build in Andalucía, this purchase carries IVA (VAT) at 10% of the purchase price plus AJD stamp duty at 1.2% of the purchase price. ITP does not apply. Additional costs include notary fees (typically EUR 600–1,200), land registry fees (typically EUR 400–800), and legal fees of around 1% of the purchase price plus VAT. Reduced rates and local allowances may apply if you meet this region's conditions — for example age, large-family or disability status, or buying a primary residence — and are worth checking before you finalise your budget.
Can I get a mortgage as a non-resident buyer?
Non-resident buyers can typically obtain Spanish mortgages, though lenders generally require a deposit of 30–40% of the purchase price. Current variable and fixed rates from Spanish lenders run broadly in the 3.5–4.5% range, though individual terms depend on your lender and financial profile. It is advisable to secure a mortgage offer in principle before making an offer on the property.
What are the ongoing running costs for this property?
Community fees are listed as nil at present; buyers should confirm the final figure with the developer before exchange. IBI (annual council tax) has not yet been assessed for this new-build and will be set by the local council after completion. Basura (refuse collection) charges have not been provided and should be confirmed with the developer.
Can I arrange a viewing remotely?
Yes. In addition to in-person viewings at the development in Cancelada, we can arrange a video viewing so you can tour the show unit and communal areas before travelling to Estepona. Contact our team to schedule a time that suits you.
Does this property have rental potential?
Cancelada and the wider Nueva Milla de Oro area attract both short-term holiday lets and longer-term rentals, given their position between Estepona and Marbella and proximity to several golf courses and beaches. A tourist rental licence is required for short-term letting in Andalucía. We recommend speaking with a local property manager about realistic occupancy rates for this area before factoring rental income into your plans.
What are the main steps in the Spanish purchase process?
You will first need an NIE (Número de Identificación de Extranjero), the tax identification number required for all property transactions in Spain. Once you have agreed a purchase, a reservation agreement is signed alongside a deposit to secure the property. This is followed by a private purchase contract (arras or contrato de compraventa), at which point a further deposit — typically 10% of the purchase price — is paid. Completion takes place before a notary, at which point the balance is paid, taxes are settled, and ownership is transferred. We recommend appointing an independent Spanish solicitor to act on your behalf throughout.
Maya Kallio💚
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
- bungalow
- Bedrooms
- 3
- Bathrooms
- 3
- Build Size
- 256 m²
- Energy Rating
- G
