Description

Grupo Ibercosta is proud to present a unique and prestigious investment opportunity located in the heart of Cancelada, one of the most rapidly developing areas on the Costa del Sol. This contemporary building represents a masterclass in architectural versatility, combining high-quality residential living with prime commercial space. Strategically positioned between the glamorous hubs of Marbella and Estepona, this property is situated in a region often referred to as the New Golden Mile, offering investors a rare combination of immediate rental income and long-term capital appreciation.

This impressive structure has been designed to cater to the diverse demands of the local Mediterranean market. The building comprises a total of 11 meticulously designed apartments, offering a variety of layouts to suit different demographic needs. Within this residential portfolio, you will find four spacious apartments featuring two bedrooms and two bathrooms, perfectly suited for small families or professional couples. Additionally, the building offers five modern lofts consisting of one bedroom each, which are highly sought after by digital nomads and young professionals seeking a minimalist yet stylish lifestyle. For those requiring more space, there are two expansive three-bedroom, two-bathroom apartments that provide the comfort and luxury expected of premium Southern Spanish real estate.

Premium Amenities and Sustainable Design

Beyond the individual living units, this building distinguishes itself through its exceptional amenities and commitment to modern efficiency. Every apartment within the complex includes its own designated underground parking space and a private storage room, solving two of the most common challenges in Spanish coastal towns. These features significantly enhance the attractiveness of the units for long-term tenants, ensuring low turnover rates and high demand.

The crown jewel of the property is located at the top of the building. Residents enjoy access to a magnificent rooftop swimming pool situated on a spacious terrace. This leisure area provides breathtaking views of the surrounding Mediterranean landscape, offering a private oasis for relaxation and sunbathing. In addition to luxury, the building prioritizes sustainability. The roof is equipped with a high-efficiency solar panel system, significantly reducing the carbon footprint of the property and lowering communal energy costs. This eco-friendly integration not only appeals to the modern, environmentally conscious tenant but also protects the owner against rising utility expenses, further securing the net profit margins.

Commercial Potential and Proven Financial Performance

The ground level of this magnificent building is dedicated to commerce, featuring three expansive commercial locals totaling 400 square meters. These units are strategically positioned to benefit from high foot traffic and excellent visibility within the Cancelada community. Whether used for high-end retail, professional offices, or essential local services, these commercial spaces provide a robust second stream of income that complements the residential rental returns. The versatility of these 400m2 ensures that the property remains a vital part of the local economy.

From a financial perspective, this building is an investor's dream. Currently, the property is fully rented out, demonstrating the high demand for quality housing and commercial space in this specific pocket of Southern Spain. With 100% occupancy across all 11 apartments and the commercial units, the building is currently generating a solid 6% annual profitability. This turnkey investment allows the new owner to begin collecting significant rental income from day one, without the risks or delays associated with new construction or finding initial tenants. Grupo Ibercosta highlights this as a stabilized asset with a proven track record of performance.

Strategic Location: The Charm of Cancelada

Location is the most critical factor in real estate, and this building excels in that regard. Cancelada is a charming village that has successfully maintained its traditional Spanish character while evolving into a sophisticated residential enclave. Located just a short distance from the beach, residents can enjoy the Mediterranean lifestyle to the fullest. The area is surrounded by some of the coast’s best golf courses, luxury hotels, and international schools, making it a prime destination for both local and international residents.

The proximity to the main A-7 coastal road ensures that Marbella, Puerto Banús, and Estepona are all reachable within a 10-to-15-minute drive. As the Costa del Sol continues to grow, Cancelada stands out as a focal point for investment due to its balance of tranquility and accessibility. By acquiring this building through Grupo Ibercosta, you are not just buying bricks and mortar; you are securing a foothold in one of the most promising real estate markets in Europe. This is a rare chance to own a fully managed, eco-efficient, and highly profitable building in a location that defines the beauty of Southern Spain.