Versatile Five-Bed Townhouse with Rooftop Terrace in Cancelada
€1,295,000
€4,346/m²
- 5
- Bedrooms
- 4
- Bathrooms
- 298 m²
- Interior
- Townhouse
- Type
- 2 Sept 2026
- Listed
The Habio take
This unique five-bedroom townhouse features a rooftop terrace and excellent rental potential. Located in the sought-after area of Cancelada, Estepona, it is close to schools, shops, restaurants, and the beach.
- beach
- family
- investment
- remote work
- garden
- luxury
Highlights
- Five bedrooms with four bathrooms
- Rooftop terrace ideal for entertaining
- Excellent rental potential with flexible layout
- Self-contained guest suite on upper level
- Private garden with space for a pool
Worth knowing
- No mention of a swimming pool currently installed
- Car likely needed for daily errands
Good fit for: Perfect for families, holiday home seekers, or investors looking for rental opportunities.
Lifestyle scores
- Beach
- 80
- Walkable
- 75
- Remote work
- 70
- Family
- 80
- Retirement
- 65
- Airport access
- 70
- Investment
- 75
- Luxury
- 70
- Value
- 65
About this place
This unique townhouse in Cancelada, Estepona, boasts five bedrooms and four bathrooms across three levels, providing spacious and adaptable living spaces. With both east and west orientations, the property is designed for flexibility, making it ideal for families, holidaymakers, or investors seeking a rental opportunity.
One of the highlights of this property is its exceptional rental potential, enhanced by pre-installation for kitchenettes in the larger bedrooms. This feature allows for the creation of independent guest suites, catering to both short-term and long-term rentals, including Airbnb (subject to local regulations).
The upper level includes a self-contained guest suite with its own kitchen, living area, bedroom, and direct access to an impressive rooftop terrace, perfect for relaxing or entertaining in the Mediterranean climate. Additionally, a dedicated office area makes it suitable for remote work or study.
The private garden offers ample space for outdoor relaxation and the potential to add a swimming pool, creating your own oasis. A viewing is highly recommended to appreciate this exceptional property.
What this place offers
- rooftop terrace
- garden
- office area
- 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
