$1,729,776

Unique Investment Opportunity In The Heart Of Cancelada

  • 7 Beds
  • 6 Baths
  • 5,522 Sqft
  • 41,194 Sqft lot
  • Updated: June 4

About the Property

Nestled in the very centre of Cancelada, this exceptional property sits on an expansive plot of nearly 4,000 m², surrounded by open land, mature greenery, and a tranquil natural setting. Offering both privacy and proximity, it combines the peace of the countryside with the convenience of village life, just a short walk from local shops, restaurants, and all essential services.

The main re
Nestled in the very centre of Cancelada, this exceptional property sits on an expansive plot of nearly 4,000 m², surrounded by open land, mature greenery, and a tranquil natural setting. Offering both privacy and proximity, it combines the peace of the countryside with the convenience of village life, just a short walk from local shops, restaurants, and all essential services.

The main residence is currently divided into three self-contained apartments, each with its own title deed. This configuration provides immediate rental potential or the flexibility to accommodate multiple families. Additional features include a generous basement area that could be converted into further living space, storage, or leisure facilities, as well as a private swimming pool and a fully irrigated field currently planted with fruit trees.

This is a remarkably versatile property with immense potential for investors, developers, or discerning buyers looking to create something truly special. With its prime location and substantial size, it could easily be transformed into a boutique aparthotel, a small complex of high-end rental units, or an impressive private estate with extensive landscaped gardens.

Properties of this scale and location rarely come to market in Cancelada. Its combination of space, versatility, and investment potential makes it a unique opportunity in one of the area’s most desirable and up-and-coming locations on the Costa del Sol.
  • Property type

    Villa

  • Floors

    3

  • Year built

    1984

  • Price/sqft

    $313

Features

  • Garden
  • Pool
  • Terrace
  • Mountain View
  • Outdoor Kitchen
  • Investment Property
  • Panoramic / Scenic View
  • Outdoor Living Space
  • Privacy
Features

Lot

  • Panoramic / Scenic View
  • Mountain View
  • Privacy
  • Investment Property

Indoor

  • Air Conditioning

Outdoor

  • Terrace
  • Balcony
  • Parking
  • Pool
  • Outdoor Kitchen
  • Outdoor Living Space
  • Garden

Explore the Area

Cancelada, 29688, Spain View on Google Maps
Price per sqft
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Cancelada is a small, established residential village set in the hills between Estepona and Marbella, roughly five kilometres east of Estepona town centre. It sits at a gentle elevation above the AP-7 coastal motorway, giving it a distinct sense of separation from the busier coastal strip while remaining firmly connected to it. The village has a compact, low-density character with a mix of traditional Andalusian architecture and modern villas, surrounded by open countryside and mature Mediterranean vegetation.

Cancelada has its own small commercial centre with a supermarket, bakery, pharmacy, and several neighbourhood restaurants and bars. The beaches of Cancelada and Costalita are a five-minute drive. Estepona town, with its covered market, old town, and seafront promenade, is under ten minutes by car.

The AP-7 motorway is accessible within minutes, placing Marbella approximately 25 minutes east and Gibraltar around 45 minutes west. Malaga Airport, the main international hub for the Costa del Sol, is roughly 75 kilometres away and reachable in under an hour by motorway. The A-7 coastal road provides an alternative, slower route with direct access to all coastal towns between Estepona and Malaga.
Get nearby
Attractions
Schools
Málaga-Costa del Sol Airport
Airport
52 min
Marbella Bus Station
Public Transport Hub
19 min
Puerto Banús Marina
Port / Marina
15 min
Los Flamingos Golf Club
Golf & Country Clubs
6 min
Cueva de Nerja
Culture & Heritage
73 min
The International School Estepona
International School
9 min
Mayfair International Academy
International School
15 min
Atalaya International School
International School
12 min

View 394 more listings in Cancelada

Macie Start Macie Start background
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Macie Start
Andalucía, Spain
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Macie Start Macie Start background
180
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2025
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FAIRWAY BROKERS
FAIRWAY BROKERS
29670, Marbella, Andalucía, Spain
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Fairway Brokers isn’t just another name in Marbella’s competitive property market; it’s a family-run agency, built
Fairway Brokers isn’t just another name in Marbella’s competitive property market; it’s a family-run agency, built on a foundation of unparalleled expertise and a shared vision. With over 20 years of experience in Costa del Sol’s luxury real estate market, our team, led by Jim Muirhead and supported by seasoned professionals, offers a refined approach to buying and selling.

Established in 2016, Fairway Brokers is the culmination of decades spent mastering the intricate dynamics of high-end property transactions, from Marbella to Sotogrande. Our deep understanding of the market’s fluctuations allows us to navigate even the most complex transactions with precision and ease. We don’t just follow the market’s trends—we help shape them, ensuring every client receives the dedicated attention and strategic insight needed for success in this exclusive real estate landscape.

We also specialise in working with the US market. With American employees on our team, clients from the United States can count on clear communication, cultural understanding, and dedicated support when searching for property or exploring life in Marbella.

In addition, we work closely with excellent local lawyers who can provide expert guidance on visa and residency processes. Whether you are considering one of the available visas, long-term residency, or other options, you will have trusted legal professionals ensuring your move is as smooth and secure as possible.
Last updated
June 4
First listed
Oct 30, 2025
Listing reference
PR-003
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