Description

Grupo Ibercosta is proud to present a unique acquisition opportunity specifically tailored for professional investors and buyers looking for high-yield assets in the heart of the Costa del Sol. This property, located in the prestigious La Vaguada residential development in Cancelada, Estepona, is currently categorized as a squatted property. This specific legal and physical status has been carefully factored into the highly competitive asking price, offering a significant discount compared to market-ready units in the same area. This is a prime choice for those looking to expand their portfolio in one of Southern Spain’s most rapidly appreciating regions.

The property consists of a spacious middle-floor apartment with a total constructed area of 105.46 m². The internal layout is designed for modern living, featuring three well-proportioned bedrooms and two full bathrooms, providing the ideal foundation for a high-end renovation once possession is recovered. Its south-facing orientation ensures maximum natural light throughout the day, a feature highly prized in the Mediterranean climate. From its elevated position, the property offers panoramic views and street views, adding to its long-term residential appeal. As an investment, the square footage and room distribution make it a versatile asset, suitable for both the long-term rental market and the high-demand holiday home sector.

Location is the cornerstone of any successful real estate investment, and this property is situated in the strategic enclave of Cancelada. Located within the municipality of Estepona, in the southern region of Andalusia, Cancelada has transformed into the centerpiece of the "New Golden Mile." This area bridges the gap between the glamour of Marbella and the traditional charm of Estepona town. The La Vaguada development is a quiet, well-established urbanization that offers the perfect balance between tranquility and connectivity. Residents benefit from being within walking distance to essential services, including international schools, supermarkets, pharmacies, and local health centers, making it a self-sufficient hub for families and professionals alike.

Beyond the immediate convenience, the lifestyle offered by the South of Spain is unparalleled. The property is just a short drive from some of the best beaches on the coast and world-class golf courses such as Los Flamingos and Villa Padierna. The proximity to the A-7 highway allows for easy access to Puerto Banús in under 10 minutes and Málaga International Airport in approximately 45 minutes. Cancelada itself retains a charming village atmosphere with a growing selection of gourmet restaurants and leisure spots, making it one of the most sought-after spots for international buyers moving to the Costa del Sol.

Investors should note the specific conditions of this sale. Due to its current occupied status, interior viewings are not possible, and the property is being sold "as is." The provided photographs are intended for illustrative purposes and may not reflect the current internal state of the home. However, the intrinsic value lies in the land, the location, and the structural potential of a 105 m² residence in a prime growth zone. Historical data in Estepona shows a consistent upward trend in property values, driven by significant municipal investment in infrastructure, green spaces, and luxury developments nearby.

Acquiring this asset through Grupo Ibercosta means securing a foothold in a competitive market at a fraction of the standard cost. Once the legal process for regaining possession is completed, the potential for capital appreciation is immense. Whether your strategy involves a "fix and flip" approach or holding the property for high-yield long-term rentals, the fundamentals of this location in Southern Spain guarantee long-term viability. Cancelada is no longer just a hidden gem; it is a primary destination for luxury living and smart investment.

In summary, this 3-bedroom apartment in La Vaguada represents more than just a home; it is a professional-grade investment vehicle. With its generous proportions, southern orientation, and strategic position on the New Golden Mile, it stands as a standout option for those who understand the mechanics of the distressed property market. Contact Grupo Ibercosta today for further details regarding the administrative and legal aspects of this transaction and take the first step toward securing a high-potential asset in the sun-drenched landscape of Estepona.