Description

Grupo Ibercosta is proud to present a truly unique investment opportunity in the heart of the Costa del Sol. This stunning penthouse apartment, located in the prestigious area of Cancelada, near Estepona, has recently undergone a dramatic price reduction, making it one of the most attractive beachfront properties currently available on the market. Situated in the South of Spain, where the sun shines for over 300 days a year, this residence offers an unparalleled lifestyle for those seeking luxury, comfort, and the soothing sound of the Mediterranean waves right at their doorstep.

The location of this property is one of its most defining features. Cancelada is a hidden gem nestled between the vibrant town of Estepona and the glamorous Puerto Banús in Marbella. This charming area provides the perfect balance between traditional Spanish atmosphere and modern convenience. Residents can enjoy proximity to world-class golf courses, high-end boutiques, and authentic local chiringuitos. Living here means being part of the "New Golden Mile," a stretch of coastline renowned for its high-end developments and pristine beaches. Whether you are looking for a permanent residence or a holiday retreat, the strategic location of this penthouse ensures you are never far from the best that Southern Spain has to offer.

This magnificent penthouse is intelligently designed across two spacious levels, maximizing both natural light and the breathtaking views. As you step inside, you are greeted by an expansive open-plan lounge and dining area that radiates a sense of modern elegance. The interior design is characterized by large windows that invite the Mediterranean sun to illuminate every corner. The floors throughout the entire property are finished in high-quality cream marble, a material known for its timeless beauty and its ability to keep the home cool during the warm Andalusian summers. This attention to detail extends to the bathrooms, which also feature matching marble finishes, creating a cohesive and luxurious aesthetic.

For those who enjoy culinary pursuits, the kitchen is a standout feature. It is large, bright, and comes fully equipped with top-of-the-range fixtures and fittings. Whether you are preparing a quick breakfast before heading to the beach or hosting a dinner party for friends, this kitchen provides the space and the high-end appliances needed to make every meal a pleasure. The seamless flow between the kitchen and the dining area makes it ideal for entertaining guests in a sophisticated setting.

Moving to the second level, you will find two exceptionally large bedrooms, both designed to be private sanctuaries. Each bedroom comes with its own en-suite bathroom, featuring both shower and bath facilities, allowing for ultimate relaxation. To ensure maximum organization and style, quality fitted wardrobes have been installed in each room, providing ample storage space. Furthermore, this level includes a versatile extra room. Depending on your needs, this space can be utilized as a third bedroom, a quiet home office, or a dedicated study, offering the flexibility that modern homeowners require.

The outdoor living spaces are perhaps the most captivating aspect of this penthouse. Each floor boasts a large terrace that serves as an extension of the indoor living area. From these vantage points, you can enjoy magnificent, unobstructed views of the sea, watching the sunrise over the horizon every morning. The upper terrace is a true highlight, featuring a private Jacuzzi where you can soak while looking out at the Mediterranean. It is the perfect spot for alfresco dining, sunbathing in total privacy, or simply enjoying the sea breeze with a glass of local wine.

Beyond being a beautiful home, this property is a fantastic investment opportunity. It comes with a valid Touristic License, which is essential for legal short-term rentals in Spain. Due to its beachfront location in Cancelada and its high-end features, the apartment has a proven potential to generate significant income. Currently, it can be rented for short-term stays at a rate of 1500 euros per week during the high season, ensuring a great return on investment during the times you are not using it yourself.

At Grupo Ibercosta, we understand that finding the right property is about more than just the building; it is about the lifestyle and the value. The price of this penthouse is negotiable, and our team is ready to consider all reasonable offers. This is a rare chance to own a piece of paradise in the South of Spain at a significantly reduced price. Contact Grupo Ibercosta today to arrange a viewing and take the first step toward owning this spectacular beachfront penthouse in Cancelada.