2 Bedroom Penthouse For Sale In Cancelada
€550,000€2,558/m²
Andalusia, Spain
2
bedrooms
2
bathrooms
215 m²
interior
Penthouse
property type
1 week ago
listed
About this place
A stunning penthouse apartment which has been dramatically reduced in price and situated on the beachfront near to Estepona. Has a valid Touristic license Built on two levels, the open plan lounge and dinning area is large, spacious and bright. The floors and bathrooms are in cream marble throughout. On the second level you have two extra large bedrooms with private en-suite shower and bath. There are also quality fitted wardrobes in each room. The kitchen is large and fully equipped with top of the range fixtures and fittings. There is a large terrace on each floor with magnificent views to the sea. You also have a Jacuzzi on the upper terrace and an extra room which can be either used as another bedroom or office/study. This apartment can also be rented which will also generate an income during the time you do not wish to use it. The price is negotiable with all reasonable offers considered. For rent short term 1500 euros per week.
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
