New-Build 2-Bed Penthouse in Cancelada, Nueva Milla De Oro

This new-build penthouse on the second floor of its development covers 137 m2 of built space across 2 bedrooms and 2 bathrooms. A private solarium sits above the living level, providing direct roof terrace access exclusive to this unit. The building includes a lift, and the property is finished to new-build standard with IVA already accounted for in the purchase price of EUR 616,000.Cancelada sits within the Nueva Milla De Oro corridor, a stretch of the N-340 between Estepona and Marbella that has seen considerable new development over the past decade. The neighbourhood is within easy reach of Playa de Cancelada and the commercial strip along the Avenida de la Costa del Sol, where supermarkets, restaurants, and everyday amenities are concentrated. Málaga Airport is approximately 20 minutes by car, making Cancelada a practical base for frequent travellers.At EUR 616,000 for 137 m2, the price works out at approximately EUR 4,496 per m2, which is consistent with new-build penthouse pricing in the Nueva Milla De Oro area. Community fees are currently set at EUR 0, though buyers should confirm whether this reflects a pre-handover period. IBI has not yet been assessed for this property. The energy rating is G. As a new build in Andalusia, purchase tax is IVA at 10%, equating to EUR 61,600, plus notary costs of approximately EUR 600 to 1,200, land registry fees of EUR 400 to 800, and legal fees of around 1% plus VAT.