Cancelada, Estepona

Unique five bedroom townhouse with rooftop terrace & excellent rental potential in Cancelada, Estepona

Town House·5892MLTH
€1,295,000 €4,346 / m²
5 Bedrooms
4 Bathrooms
298 m² Built
198 m² Interior
100 m² Terrace
104 m² Plot
All property in Cancelada 33 listings
€4,067 below the €5,168 median €5,706
Houses of 160 to 320 m² in Estepona 285 listings
€3,158 below the €4,369 median €5,957

Asking prices across the agency networks we track, as at 30 July 2026. Bars span the middle half of each peer group; the line marks the median. The first bar covers apartments and houses together, so a house will often sit high on it.

IBI €1,150 this property, a year · most comparable homes pay €700 to €2,638
Community fees €1,020 – €3,840 a year · median €2,220 · 101 listings

These are the averages across ALL houses in Estepona East that disclose a figure, not this property alone. Where a bill for this one is on file it is shown against that range so you can see where it sits. Bills follow the rateable value and the community budget, so two neighbours can differ; we will get you the actual figures before you commit.

All homes €3,432/m² 2,663 sales
Houses €3,560/m² 413 sales
Apartments €3,395/m² 2,250 sales

Homes sold in Estepona. Achieved deed prices, Notariado, year to date. Deed prices cover every sale in that postcode at every level, so a prime property will sit far above them. That gap is a difference in what is being counted, not a verdict on the price.

Appraised value per m², Estepona Valuation basis, Ministerio de Transportes
€3,514/m²2026 Q1
2005 Q1 €1,302 – €3,514 2026 Q1
Homes sold per quarter, Estepona Ministerio de Transportes
598 homes2026 Q1
2004 Q1 108 – 1,117 2026 Q1
Asking, this property €4,346/m² what the seller asks
Achieved, Estepona €3,432/m² 2,663 deeds this year · Notariado
Valued, latest quarter €3,514/m² 2026 Q1 · Ministerio

Three different measures, shown separately because they are not comparable: what sellers ask, what deeds record, and what valuers assess. The last two cover a whole postcode and a whole municipality at every price level, so a prime property will always sit well above them.


About this property

Unique five bedroom townhouse with rooftop terrace & excellent rental potential in Cancelada, Estepona. This unique property in a sought-after area of Estepona, ideally located close to local schools, shops, restaurants, everyday amenities, and just a short distance from the beach. Set across three levels with both east and west orientations, the home offers spacious and versatile accommodation comprising four bedrooms and four bathrooms, making it ideal as a family residence, holiday home, or investment property. One of its standout features is its exceptional rental potential. The property has been designed with flexibility in mind and includes pre-installation for kitchenettes in the larger bedrooms, offering the possibility of creating independent guest suites for short-term or long-term rentals, including Airbnb (subject to any applicable local regulations and licensing requirements). The home also benefits from a dedicated office area, perfect for remote working or studying. On the upper level, you’ll find a self-contained guest suite complete with its own kitchen, living area, bedroom, and direct access to the impressive rooftop terrace—an ideal space for relaxing or entertaining while enjoying the Mediterranean climate. Outside, the private garden offers ample space and the potential to add a swimming pool, allowing you to create your own outdoor oasis. A viewing is highly recommended to fully appreciate everything this exceptional property has to offer.


Specification

Reference
5892MLTH
Type
Town House
Location
Cancelada, Estepona
Beds
5
Baths
4
En suite
4
Build m²
298
Interior m²
198
Terrace m²
100
Plot m²
104
Pool
No
Garden
Private
Garbage
€185
IBI
€1,150
Orientation
E
C. Year
2008

Features & amenities

  • Amenities near
  • Close to children playground
  • Close to golf
  • Close to schools
  • Close to sea / beach
  • Close to shops
  • Close to town
  • Street view
  • Transport near
  • Urban view
  • Fireplace
  • Fitted wardrobes
  • Fully fitted kitchen
  • Kitchenette
  • Marble floors
  • Private terrace
  • Uncovered terrace
  • Solarium
  • Security entrance
  • Good condition
  • Recently Renovated / Refurbished