The dossier · SP1814Avena Score 59 · scored this morning
Modern New Build Apartments in Cancelada, Estepona – Sea Views and Premium Amenities in Estepona, Málaga
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Penthouse · Estepona, Málaga· Costa del Sol

Modern New Build Apartments in Cancelada, Estepona – Sea Views and Premium Amenities

by Via Avena Estate

922,000

Under construction · Completion 2028-Q2

Observed price record

Observed by Avena at €922,000, unchanged across 2 checks since 21 August 2026.

Source: Avena daily capture · 21 August 202622 August 2026

Avena Score
59
Rank #98 of 227 in Estepona, Málaga
You save
118,204
11% vs marketWhat this meansThis property prices at 7,948/m² versus the Estepona, Málaga town median of 8,967/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
€922,000
Bedrooms
3
Bathrooms
2
Built m²
116
Price / m²
€7,948
Beach
1.8 km

Investment sub-scores.

Value 40%70
Yield 25%20
Location 20%72
Quality 10%90
Risk 5%55

Estimated rental yield.

Gross yield
1.9%
Net 0.8%
Annual income
17,696
Net €7,753
Weekly rent
1,106

What this assumes

16 rental weeks a year (112 nights, 31% annual occupancy) at €158/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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