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Large house in the centre of Cancelada with almost 4,000 m2 of land around it.
The house is separated into three apartments (with different deeds), a large basement, swimming pool and irrigated field, currently used for fruit trees.
It is particularly interesting as a project for investors who would like to make it into a small aparthotel or apartments for rent, or for someone interested in renovating it and converting it into a single large villa with its own plot in the center of the town. The plot itself is very interesting to build on and highly profitable due to its location.
At 2.924 € per m² built, this listing sits 25% below the median asking price for houses in Estepona on our books — 3.878 € per m² across 460 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 houses 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.