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Top Floor Apartment in Cancelada

€280,000

Ref: R5372653
2beds 2baths 86m² built 36m² terrace

Property Description

PENTHOUSE WITH VIEWS BETWEEN MARBELLA AND ESTEPONA!

Discover this stunning 121 m² penthouse with a terrace located in Cancelada, a quiet residential area just a 5-minute drive from Estepona's best beaches and prestigious hotels. A perfect opportunity to design your dream home from scratch.

The property boasts 85 m² of living space in an excellent layout that maximizes natural light thanks to its northeast-east orientation. It comprises 2 spacious bedrooms, 2 bathrooms, a separate kitchen with an adjoining utility room (west-facing), and a large living-dining room that connects to a jewel of the property: a 36 m² private terrace equipped with pergolas and a barbecue area, ideal for enjoying the Mediterranean climate.

The property requires a complete renovation (kitchen, flooring, doors, tiling), allowing you to personalize every detail to your taste. Located in a quiet urban area, away from the hustle and bustle of big cities but only 15 minutes from Marbella and Estepona.

An unbeatable investment with great potential for appreciation. Come and see it and start planning your new life!

This property represents an excellent buying opportunity below the area's market price, guaranteeing a high appreciation margin after renovation. Ideal as a first home or a high-yield investment.

In compliance with Decree 218/2005, of October 11, of the Regional Government of Andalusia, the client is informed that notary, registration, and property transfer tax (ITP) expenses are ‌not ‌included ‌in ‌the ‌price. Real estate ‌brokerage ‌fees ‌are included. ‌The ‌consumer ‌has the right to ‌receive ‌a copy ‌of the ‌Abbreviated ‌Information ‌Document ‌(DIA) ‌for ‌the ‌property.

Features & Amenities

SettingVillage, Close To Shops, Close To Sea, Close To Schools
OrientationNorth East, East
ConditionRestoration Required
ViewsMountain, Panoramic, Street
FeaturesNear Transport, Private Terrace, WiFi
FurnitureNot Furnished
KitchenNot Fitted
ParkingStreet
UtilitiesElectricity, Drinkable Water
CategoryInvestment, Resale

Running Costs

Community fees€25 / monthcalculated from annual fee
IBI€376 / year
Basura€102 / year

Location Map

Approximate area map shown when exact coordinates are not supplied by the listing source.