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Costalita II Cancelada Bank Repossession

Ground Floor ApartmentBank RepossessionSold Price recently dropped. €255,000
Costalita Estepona
Perfect Holiday Home


Perfect Holiday Home

Splendid 2 bed 2 bath apartment with views of Gibraltar in the much sought after urbanisation Costalita II 1 km from Estepona beach front. Priced to sell at 255,000€. Spacious ground floor property of 2 bedrooms and 2 bathrooms, one ensuite. Large separate kitchen which connects to the large sitting room through a serving hatch. The property is 110 m2. In addition, the property has fitted wardrobes and air conditioning. You also have a separate, private, storage facility for garden furniture, bikes etc. The development was constructed in 2003. It has the added bonus of hedges around the private garden making it feel self contained despite all the benefits of a maintained urbanisation.  Another plus, is that this area has a fantastic reputation on! A quick search COSTALITA 2 or COSTALITA II shows fully booked from April onwards.  The proximity to the beach and golf are marvellous incentives.

Location Near Estepona Beach

The urbanisation is on the eastern fringes of the municipality of Estepona, in Cancelada, Estepona. This is where the Estepona Golden Mile joins the Marbella Golden Mile. It is also near to all the amenities people look for on holiday. Supermarkets, restaurants etc.  In addition it’s not far from some of the famous hillside white villages. Including Casares – birth place of the famous Blas Infante which is half an hour away. The development itself is a safe, closed community. There are 2 gorgeous swimming pools and beautiful communal gardens to walk around at your leisure. The grounds and pool are maintained to a high standard, and it works out much cheaper than a villa’s maintenance costs for example. Plus, do not forget the added bonus of the private, hedged, garden where you can have barbecues, sun bathe on loungers or just sit at the table and enjoy al fresco living. After all, this is the Costa del Sol!

It is a small quiet complex set amongst tropical gardens with Pool and play area. Choice of beaches within 1km. The 6* Villa Paderena Hotel and world famous Flamingos golf club are 200 yds away. The 4* Occidental Estepona Thalasso & Spa hotel is adjacent to the complex. Large choice of Supermarkets and restaurants within walking distance. Puerto Banus is 6km, San Pedro 4km, Marbella 10km, and the old Spanish town of Estepona is 10km.
Underground parking and storage in the garage. Beautiful sub tropical gardens with water features and a dazzling swimming pool (including a small pool for young children, child’s swing and play area ), all completely enclosed.

You can walk to the beach in 20 minutes, the shops and restaurants in 10.

Investment – Year round rentals

The grounds are impecccably maintained and the outdoor pools are an added option if you don’t fancy a (very) short walk to the beach. There are several choices available if interested in this property. You can buy it to live in year round or just for holidays and with an eye on the short term rentals market to cover community of owners fees and your own holidays anywhere in the world! You could also offer it for long term rentals, but it is such a popular setting that it would be a shame not to maximise your own use of this wonderful ground floor apartment with private garden.

Preferential Financial Terms

This bank repossession has great opportunities to get up to a 100% mortgage – depending on if it will be your permanent home and on your own personal circumstances.

Community of Owners Fees TBC.

Hurry. This is already attracting interest.

Enough said. For only 255,000€ you have a very solid investment.

I'd like to know more . . .
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Property ID: CB318
Area: 110m²
Bedrooms: 2
Bathrooms: 2


Costalita Estepona

Open House



  • Beaches
  • Communal Pool
  • Corner Stores
  • Garden Area
  • Golf Course
  • Private garden
  • Restaurants
  • Supermarket
  • Terrace

Useful Data

Distance from city center: Estepona 11 km; Marbella 17 km
Distance from hospital: Estepona 11 km; Costa del Sol 25 km
Distance from shopping center: Mercadona 1 km
Distance from police station: Estepona 2.6 km;
Distance from schools: Cancelada 2.3 km
Distance from bus stop / station: San Pedro 6.3 km; Estepona 8.7 km; Marbella 17.6 km
Distance from train station: Fuengirola 52 km; La linea-San Roque 54 km
Distance from airport: Gibraltar 57 km; Malaga 70 km


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