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2-star hostel, called , located in the Cancelada area,
between Avenida de las Palmeras and Calle Carmen Conde, it has 36 rooms
distributed over 3 floors, of which there are 17 singles and 19 doubles, with
capacity for 55 people.
Cancelada is a neighborhood belonging to the municipality of Estepona, located in the part
eastern east, equipped with all services. communications are
excellent, being next to the Autovía del Mediterráneo, 5 minutes by car from the
beach, 15 minutes walk. Located between the municipalities of Estepona and San Pedro
from Alcantar and Marbella. It has two bus lines that connect the
themselves
At 3.193 € per m² built, this listing sits 5% below the median asking price for commercial units in Estepona on our books — 3.372 € per m² across 13 listings.
Those are asking prices from our broker feed, not sold prices. Agreed figures on the Costa del Sol routinely land below asking, and the gap moves with the area and with how long a property has been on the market. We wrote about that difference in asking versus sold price.
The closest 6 listings we hold for commercials in Estepona, ordered by how near they sit to this asking price.
Every viewing is in person, with a senior member of our team. We come prepared with the building check, comparable transactions, and our honest read.