The dossier · SP0999Avena Score 58 · scored this morning
New Build Apartments in Cancelada, Estepona – Luxury and Nature on the New Golden Mile in Estepona, Málaga
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Apartment · Estepona, Málaga· Costa del Sol

New Build Apartments in Cancelada, Estepona – Luxury and Nature on the New Golden Mile

by Via Avena Estate

608,000

Under construction · Completion 2028-Q2

Observed price record

Observed by Avena: increased 34.8% from €451,000 to €608,000 between 8 April 2026 and 5 August 2026, across 21 checks since 8 April 2026.

  • 8 April 2026 – 5 August 2026 · €451,000 → €608,000 (+34.8%)

Source: Avena daily capture · 8 April 202624 August 2026

Avena Score
58
Rank #105 of 227 in Estepona, Málaga
You save
131,580
18% vs marketWhat this meansThis property prices at 5,961/m² versus the Estepona, Málaga town median of 7,251/m². The gap is the discount — vs local market, not vs asking price.Why the gap existsMost Avena deals stack two sources of value:· Developer-direct — sourced from the developer, not via retail agencies, so the listed price excludes the 5–10% middleman markup.· Below comp — the unit itself prices under the town median €/m², either because the developer is moving inventory or the comp mix favours larger/older stock.Stacked, that's typically 10–25% below what the same square metre would cost on idealista or a retail portal.Full methodology →
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Key statistics.

Price
€608,000
Bedrooms
3
Bathrooms
2
Built m²
102
Price / m²
€5,961
Beach
1.6 km

Investment sub-scores.

Value 40%85
Yield 25%20
Location 20%37
Quality 10%90
Risk 5%55

Estimated rental yield.

Gross yield
2.2%
Net 1.0%
Annual income
13,664
Net €6,017
Weekly rent
854

What this assumes

16 rental weeks a year (112 nights, 31% annual occupancy) at €122/night. Short-term letting rates and occupancy for Estepona are sourced from Estimated; a 20% new-build premium is applied to the nightly rate. Summer alone is roughly 11 weeks, so this figure assumes the shoulder season lets as well.

Gross yield is before costs. Net yield deducts 10% vacancy, 15% management, community fees, insurance, IBI and 19% non-resident tax — the full breakdown is in Terminal. Every figure here is an estimate from market data, not a guaranteed return, and a tourist licence is required to let short-term in most municipalities.

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