Penthouse in Cancelada

Penthouse in Cancelada

€589,000
  • 2 bed
  • 2 bath
  • 122 m² built
Beds
2
Baths
2
Built
122m²
The property

About This Penthouse

Sophisticated South-West Facing Penthouse with Panoramic Mediterranean Views:

Welcome to this beautifully upgraded south-west facing penthouse in Oceana Views, Cancelada, where contemporary design, exceptional outdoor living and breathtaking panoramic views combine to create the perfect Mediterranean retreat. Positioned in one of the New Golden Mile's most desirable residential communities, this turnkey home enjoys uninterrupted views stretching across the Costa del Sol towards Gibraltar and the North African coastline, creating an ever-changing backdrop from sunrise through to spectacular evening sunsets. Designed around effortless indoor-outdoor living, the penthouse offers approximately 122 sqm of total private space, comprising of a beautifully designed interior living space of 62 sqm complemented by an exceptional 60 sqm of private terraces and solarium. Every square metre has been carefully considered to maximise light, comfort and the stunning surroundings. Step inside and you're immediately welcomed by a bright, open-plan living space, where floor-to-ceiling sliding doors flood the apartment with natural light and frame the magnificent views beyond. At the heart of the home is the brand-new designer kitchen, recently installed and finished in elegant dark wood cabinetry. A striking central island creates the perfect place to cook, entertain or simply enjoy a morning coffee, while premium BORA induction cooking with integrated extractor and fully integrated Siemens appliances provide both style and performance. The living area flows seamlessly onto the expansive south-west facing terrace, creating a wonderful extension of the home. Whether you're enjoying breakfast in the morning sun, hosting friends for dinner or relaxing with a glass of wine as the sun disappears behind Gibraltar, this is a space designed to be enjoyed throughout the year. A feature staircase leads to the private rooftop solarium, offering a second outdoor living area that truly sets this penthouse apart. Newly retiled and beautifully presented, it provides complete privacy together with uninterrupted panoramic views across the Mediterranean coastline, Gibraltar and, on clear days, the mountains of North Africa. Whether you choose to create an outdoor lounge, dining area or simply enjoy the sunshine, it's an exceptional space for embracing the Costa del Sol lifestyle. The accommodation comprises two spacious double bedrooms, both benefiting from contemporary en-suite bathrooms and built-in wardrobes. The principal suite offers a calm and elegant retreat, while the second bedroom provides equally comfortable accommodation for family or guests. The property also includes a private underground parking space and a secure storage room, ensuring practicality matches the luxurious surroundings. Resort-Style Living: Residents of Oceana Views enjoy access to beautifully maintained communal gardens, a stunning swimming pool and a fully equipped gym, creating a relaxed resort-style atmosphere throughout the year. Despite its peaceful elevated setting, everyday convenience is never far away. The charming village of Cancelada is just a 10-minute walk from the property, where you'll find a wonderful selection of cafés, restaurants, bars, supermarkets and local shops. The beaches of the New Golden Mile are only a short drive away, while Puerto Banús can be reached in approximately 15 minutes, placing world-class dining, designer boutiques and vibrant nightlife within easy reach. A Home That Also Makes Financial Sense: Alongside its appeal as a stylish permanent residence or luxurious holiday home, the property also represents an excellent investment opportunity. Short-term holiday rentals are permitted within the community, and the property has already been submitted for consideration for a tourist licence at the next Annual General Meeting, making it an attractive option for buyers seeking both lifestyle and rental potential. With its brand-new designer kitchen, newly tiled terrace and rooftop solarium, spectacular panoramic sea views and exceptional outdoor living space, this is a rare opportunity to own a contemporary penthouse in one of the New Golden Mile's most sought-after developments.
Photography

The Penthouse in Pictures

Features & amenities

Every Detail

44 features of this penthouse
  • Sea views
  • Gated community
  • Close to the beach
  • Garage
  • Air conditioning
Setting7
  • Country
  • Village
  • Close To Shops
  • Close To Sea
  • Close To Town
  • Close To Schools
  • Urbanisation
Orientation2
  • South West Orientation
  • West Facing
Condition1
  • Excellent Condition
Pool1
  • Communal Pool
Climate Control3
  • Air Conditioning
  • Hot A/C
  • Cold A/C
Views6
  • Sea Views
  • Mountain Views
  • Beach Views
  • Country Views
  • Panoramic Views
  • Pool Views
Features9
  • Lift
  • Fitted Wardrobes
  • Private Terrace
  • Solarium
  • Satellite TV
  • WiFi
  • Gym
  • Storage Room
  • Double Glazing
Furniture1
  • Optional Furniture
Kitchen1
  • Fully Fitted Kitchen
Garden1
  • Communal Garden
Security5
  • Gated Complex
  • Electric Blinds
  • Entry Phone
  • Alarm System
  • 24 Hour Security
Parking3
  • Underground Parking
  • Garage
  • Private Parking
Utilities2
  • Electricity
  • Drinkable Water
Category2
  • Luxury
  • Resale
Price & running costs

The Numbers

Asking price€589,000
Price per m² built
€4,828
IBI (property tax)per year
€361
Community feesper year
€4,800
Refuse tax (basura)per year
€129
Running costs, all inper month
≈ €441
Estimated buying costs≈ €54,247
Transfer tax (ITP)7%
€41,230
Notary & land registryapprox.
€5,890
Legal fees≈1% + VAT
€7,127
Total, approx.9.2% of the price
€643,247

A guide based on typical costs in Andalucía. Mortgage costs are not included. Your lawyer will confirm the exact figures before you commit. Read our guide to buying costs

The Details

Type
Apartment · Penthouse
Reference
R5484361
Location
Cancelada
Year built
2023
Status
Available

As provided by the listing agent. We verify every figure before you commit.

Location

Cancelada

Estepona · Costa Del Sol

Drive times · approx.
The beach
2 min
Nearest golfEl Paraíso
4 min
Puerto Banús
13 min
Marbella old town
20 min
Málaga airport
55 min
Gibraltar airport
45 min

Approximate location in Cancelada. We share the exact address on enquiry.

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