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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.

ES

Buying property in Spain

Full guide →

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

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