5 Bedroom Detached Villa For Sale In Cancelada
€2,400,000€3,438/m²
Andalusia, Spain
5
bedrooms
4
bathrooms
698 m²
interior
Villa
property type
1 week ago
listed
About this place
Investment Opportunity — Substantial Villa with Private Pool on a 2,000 m² Plot, Just 100 Metres from Playa Guadalmansa, Cancelada, New Golden Mile A rare investment opportunity on the Costa del Sol: a substantial 5-bedroom, 4-bathroom villa set on a generous 2,000 m² plot, located just 100 metres from Playa Guadalmansa, in the heart of Cancelada — one of the New Golden Mile's fastest-growing and most desirable enclaves. The property is move-in ready, yet its real value lies in its potential. With a large plot, strong existing footprint, and a prime beachside position, the villa offers exceptional scope to modernise, extend, or fully reimagine — adding significant capital value in an area where prime beachside land is increasingly scarce. Key investment highlights: •Prime location — just 100 metres from Playa Guadalmansa, with golf courses, international schools, Estepona, Marbella, and Puerto Banús all within minutes •2,000 m² plot — a rare footprint on the New Golden Mile, offering flexibility for renovation, expansion, or redevelopment •South-west orientation — all-day natural light, a key driver of resale and rental value •Move-in ready — generates immediate use or rental income while plans for renovation are developed •Private pool, mature garden, and generous outdoor living areas — strong appeal for both end-users and the holiday rental market •High-growth micro-market — the New Golden Mile continues to outperform on capital appreciation, driven by sustained international demand A rare chance to secure a substantial beachside villa with significant upside in one of the Costa del Sol's most dynamic locations.
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








