Andalusia, Spain
Residential Plot For Sale In Cancelada
€650,000
€1,970/m²
- 1
- Bedroom
- 1
- Bathroom
- 330 m²
- Interior
- Land
- Type
- 4 days ago
- Listed
About this place
EXCLUSIVE BUILDING PLOT IN CANCELADA – ESTEPONA €650,000 | Plot: 1,118 m² | Approx. Buildability: 330 m²* An exceptional opportunity to acquire a spacious, south-facing residential plot in the sought-after area of Cancelada, within walking distance of the village, restaurants, shops and beach. Set among contemporary luxury villas in an established residential neighbourhood, this 1,118 m² plot provides an attractive setting for a bespoke modern home on the Costa del Sol. Architectural plans are available for a contemporary villa featuring a private swimming pool, generous terraces, a basement and a rooftop solarium. A building licence was previously granted but has since expired. Buyers wishing to proceed with the existing project would need to confirm the requirements and obtain the necessary approvals. Alternatively, purchasers can explore their own villa design, subject to applicable planning regulations and approvals. KEY FEATURES • South-facing plot of 1,118 m² • Approximately 330 m² buildability* • Existing architectural plans available • Previous building licence granted, now expired • Potential sea views from upper levels and solarium, subject to verification • Walking distance to Cancelada village and beach • Approximately 10 minutes' drive to Estepona and 15 minutes to Marbella An appealing opportunity for private buyers or investors seeking to create a luxury home in a desirable Costa del Sol location. Buildability is indicative and understood to exclude basements and terraces. The permitted floor area and treatment of these spaces must be confirmed with an architect and the relevant planning authority. Villa renders and proposed layouts are illustrative and subject to confirmation.
Where you’ll be
Andalusia, Spain
Exact location is confirmed by the agent on enquiry.
Buying property in Spain
Spain welcomes foreign buyers with no nationality restrictions. The buyer needs an NIE (Número de Identidad de Extranjero) before completion, and most buyers open a Spanish bank account to handle the deposit and ongoing charges. An independent lawyer (abogado) is strongly recommended — the notario only checks the deed, not the wider title.
Spain ended its Golden Visa property route in April 2025.
Non-resident mortgages are widely available, typically 60–70% LTV.
Non-resident sellers face a 3% withholding from the sale price (retención), claimable against capital gains tax.
Always check community-of-owners (comunidad) debts and outstanding IBI before completion — they transfer with the property.
General guidance only — confirm specifics with a qualified local lawyer or tax adviser. Reference
