Ground-Floor 3-Bed New-Build Bungalow, Cancelada, Estepona
Cancelada Nueva Milla De Oro, Estepona · Malaga
3 Bed3 Bath260 m²Energy: G
Description
One of only 14 units in a small gated development, this ground-floor new-build bungalow in Cancelada (Nueva Milla de Oro) covers 260 m2 across a single level plus a private solarium. The property has 3 bedrooms, all with built-in wardrobes, and 3 bathrooms. Underfloor heating runs throughout, and a home automation system controls lighting, climate and security from a single interface. Air conditioning is also installed, and a private garage is included in the purchase.Cancelada sits within the Nueva Milla de Oro corridor between Estepona and Marbella, an area that has seen significant residential investment over the past decade. The N-340 coast road and the AP-7 motorway both run nearby, keeping Estepona town centre and Puerto Banús within a short drive. Málaga Airport is approximately 20 minutes away by car. Local amenities including supermarkets and restaurants are available along the Cancelada strip, and the coastline is accessible from the neighbourhood.The development's communal areas include landscaped gardens and a fully equipped gym. Community fees are currently set at zero for this unit. IBI and basura figures are not yet confirmed, as the property is a new build. The energy rating is G. The development is located in Andalucía's Nueva Milla de Oro, which attracts both owner-occupiers and holiday-letting buyers given its position between two established resort towns.The private garden adjoins the main living area, which opens via full-height glazed doors onto the terrace. A covered terrace sits directly off the living room. An internal staircase leads to the solarium roof terrace, which provides open views towards the coast.
Features
- New build
- Ground floor
- Private garden
- Solarium
- Private garage
- Underfloor heating
- Home automation system
- Built-in wardrobes
- Communal gym
- Communal landscaped gardens
- Air conditioning
- 3 bedrooms
- 3 bathrooms
Property Details
| Property Type | Bungalow |
| Bedrooms | 3 |
| Bathrooms | 3 |
| Built Area | 260 m² |
| Floor | 0 |
| Energy Certificate | G |
| Reference | 84697510-02 |
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 on top of 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 — so it is worth checking before you finalise your budget.
Can I get a mortgage as a non-resident buyer?
Non-resident buyers in Spain can typically borrow up to 60–70% of the purchase price, meaning a deposit of 30–40% is generally required. Current variable and fixed mortgage rates from Spanish lenders sit broadly in the 3.5–4.5% range, though rates vary by lender and applicant profile. A mortgage broker with experience in Spanish non-resident lending can provide a more precise assessment.
What are the ongoing running costs?
Community fees for this unit are currently set at zero. The annual IBI (council tax) and basura (refuse collection) charges are not yet confirmed, as the property is a new build; these will be established once the property is registered with the local authority. Your solicitor can provide estimates based on comparable properties in Cancelada.
Can I view the property remotely?
Yes. We offer video viewings for buyers who cannot travel to Cancelada immediately. Our agents can walk through the property and the development's communal areas with you live via video call, and we can share detailed floor plans and additional photography in advance. In-person viewings can be arranged with notice.
Is there rental potential in this location?
Cancelada's position within the Nueva Milla de Oro, between Estepona and Marbella, generates demand for holiday rentals, particularly from late spring through early autumn. Ground-floor bungalows with private gardens tend to attract families. To let the property as a tourist rental in Andalucía, you will need to register it with the Junta de Andalucía and obtain a rental licence before listing it on any platform. We can refer you to local property management companies who operate in this area.
What does the purchase process involve?
You will first need a Spanish NIE (Número de Identificación de Extranjero), which is required for any property purchase. Once you have agreed terms, a reservation contract is signed and a holding deposit paid to take the property off the market. This is followed by a private purchase contract (contrato de arras), at which point a further payment of typically 10% of the purchase price is made. The balance is paid at the notary on completion, when the title deed (escritura) is signed and the property transfers to you. We recommend appointing an independent Spanish solicitor before committing to any stage.
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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
- 260 m²
- Energy Rating
- G
