Stunning Two-Bedroom Penthouse with Sea Views in Cancelada
€550,000
€2,558/m²
- 2
- Bedrooms
- 2
- Bathrooms
- 215 m²
- Interior
- Penthouse
- Type
- 2 Sept 2026
- Listed
The Habio take
This elegant penthouse features two spacious bedrooms with en-suites and breathtaking sea views. Located on the beachfront near Estepona, it offers an ideal lifestyle for those seeking luxury and convenience.
- beach
- luxury
- investment
- rental income
Highlights
- Stunning sea views
- Two large en-suite bedrooms
- Large terraces with Jacuzzi
- Valid Touristic license
- Potential for short-term rental income
Worth knowing
- Price is negotiable but may still be a significant investment
Good fit for: Ideal for those seeking a luxurious coastal lifestyle with rental income potential.
Lifestyle scores
- Beach
- 90
- Walkable
- 70
- Remote work
- 70
- Family
- 75
- Retirement
- 85
- Airport access
- 80
- Investment
- 80
- Luxury
- 85
- Value
- 70
About this place
This stunning penthouse apartment has been dramatically reduced in price and is located on the beachfront near Estepona. With a valid Touristic license, this property is a great opportunity for both personal use and income generation.
The penthouse boasts an expansive open-plan lounge and dining area that is bright and airy, with cream marble flooring throughout. On the upper level, you’ll find two extra-large bedrooms, each with an en-suite bathroom, as well as quality fitted wardrobes.
The kitchen is fully equipped with top-of-the-range fixtures and fittings, perfect for the culinary enthusiast. Each floor features a large terrace that offers magnificent views of the sea, and the upper terrace is complemented by a Jacuzzi, enhancing the outdoor experience. Additionally, there is an extra room that can serve as another bedroom or a study/office. Short-term rental potential is available at €1500 per week, and the price is negotiable with reasonable offers considered.
What this place offers
- Jacuzzi
- terrace
- furnished
Where you’ll be
Cancelada, 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
