€590,000

Apartment for sale Málaga
Property photo number 1 of 16 Photos for Property. File 100795830_2504_098cf4f28544b5ad1d189ca60d8e4206.jpeg

Overview

SUMMARY: Discover an opportunity with this Málaga apartment for sale and available for €590,000. This could be your next ideal home or a smart investment. More details await.

This elegant three-bedroom apartment is located in the sought-after residential area of Cancelada, on the prestigious New Golden Mile between Estepona and Marbella. Built in 2020, the property combines contemporary design with a functional layout, making

it an excellent choice for both lifestyle buyers and investors. The interior offers three well-proportioned bedrooms and two modern bathrooms, designed with comfort and practicality in mind. The layout is ideal for both permanent living and extended stays, offering a sense of space and functionality rarely found in similar properties. The living area connects seamlessly to a generous private terrace, creating a natural extension of the indoor space. This outdoor area is perfectly suited for dining, relaxing, and enjoying the Mediterranean climate throughout the year. Residents benefit from well-maintained communal areas, including landscaped gardens, a large swimming pool, and dedicated relaxation spaces that enhance the overall living experience. The property is situated in a highly convenient area of Cancelada, where daily amenities such as supermarkets, cafés, and restaurants are easily accessible. The beach is located less than 1 km away, allowing for quick and effortless access to the coastline. Its strategic position on the New Golden Mile ensures excellent connectivity, with Puerto Banús reachable in approximately 10 minutes and both Marbella and Estepona within a short drive. The surrounding area also offers a wide range of leisure facilities, including renowned golf courses and sports clubs. About the Urbanisation Miradores del Sol II is a contemporary residential development composed of low-rise buildings, designed to offer privacy and a more exclusive residential atmosphere. The community is organised around landscaped green areas and communal pools, creating a calm and well-balanced environment. Its layout and density contribute to a more intimate living experience compared to larger developments in the area. The architecture focuses on space and light, with apartments benefiting from generous terraces and open-plan designs that enhance everyday comfort. Investment Insight: This property presents a compelling opportunity for buyers seeking a combination of lifestyle and rental income on the New Golden Mile. Estimated rental yield: approximately 5.5% Strong year-round demand in the Cancelada area Attractive for both short-term and mid-term rentals Low-maintenance modern construction (2020) 3-bedroom layout ideal for family and holiday rentals Professional perspective: The property is positioned above the average market range for comparable units, which may impact short-term resale potential. However, its location, condition, and rental appeal support long-term value and consistent occupancy.

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Details

  • Neighborhood: Cancelada
  • Beds: 3
  • Baths: 2
  • Price: €590,000
  • Reference No.: OP2605
  • Area: 144 m2
  • Year Built: 2020

Amenities

  • Home
    • Elevator
    • Garage
    • Garden
    • Furnished
    • Swimming pool
    • Terrace
    • Energy Certificate: B

Location

Marketed by:

  • Olala Properties
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  • +34622454076
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