Aire, Cancelada: three-bedroom apartments with sea views in Estepona
57 new-build homes in Cancelada, from a ground-floor home with garden to a sixth-floor penthouse with a 142 m² terrace. Completion May 2028, energy rating A.
Last updated: 20 October 2026
About Aire
Between €487,500 and €922,000: that is the price range of the three Aire homes we offer, and yet all of them have three bedrooms. The difference lies in the floor and the terrace. Aire is a new development of 57 apartments in Cancelada, on Estepona's New Golden Mile. Completion is scheduled for May 2028.
On the first floor you get 134 m² with a 29 m² terrace and sea views, for €487,500. The ground-floor apartment is the same size, with a 48 m² terrace and a 44 m² garden, but without confirmed sea views, for €492,000. Right at the top, on the sixth floor, is a 163 m² penthouse with a 142 m² terrace and sea views. It costs €922,000. Every home comes with a garage space and a storage room.
The complex is gated and has a lift, a pool, an indoor gym and an outdoor fitness area. Residents can also use the Cancelada clubhouse, with spa, sauna, gym and a café. According to the project description, most homes look out over the Sierra and often the sea as well.
Amenities
- Communal pool
- Indoor gym
- Outdoor fitness area
- Clubhouse with spa, sauna and café
- Gated complex
- Lift
- Garage space and storage room
- Energy rating A






Aire in figures
With a median of €3,672 per m², Aire is 27% below the median of 71 new developments in Estepona (€5,038) and 27% below resale homes (€5,021). Note, though, that the penthouse goes up to €5,656 per m²; there you clearly pay for height and terrace. The 142 m² terrace is the largest in the development; for the median home, outdoor space is 36% of the indoor space, average for the area. For the €487,500 entry-level apartment you pay €550,900 with VAT, stamp duty, notary and lawyer, 13% on top of the price. Completion in 19 months is well above the median of 8 months in Estepona.
| Price | € 487.500 |
| VAT (IVA) 10% | € 48.750 |
| Stamp duty (AJD) 1.2% | € 5.850 |
| Notary and land registry (estimate) | € 2.900 |
| Lawyer 1% + VAT (estimate) | € 5.900 |
Around 13.0% on top of the price in total. All purchase costs explained.
Terrace, solarium and garden combined, as a percentage of the living area (median). That is more than 48% of new developments in Estepona. Largest outdoor space: 142 m².
Planned completion May 2028. For half of the new developments in Estepona, completion is within 8 months.
Calculated by Imagine Marbella on 20 October 2026 from the current supply of 71 new developments in Estepona and the average asking price of resale homes according to Idealista (September 2026). Costs are an estimate; we will prepare an exact calculation for you.
Location
Aire stands at 39 metres above sea level in Cancelada, the stretch of the New Golden Mile where the old village with its little white houses gives way to new residential complexes and golf courses. Behind you are the Sierra mountains, in front of you the coast. There are several golf courses in the area and a recognised equestrian school. You reach San Pedro in 12 minutes, Puerto Banús in 14 and Estepona town centre in 15.
In practice, the car is your best friend. Guadalmansa beach is a 7-minute drive or a 31-minute walk away. For groceries, you drive 5 minutes to the supermarket. The hospital is 7 minutes away and the international school an 11-minute drive. Allow 59 minutes to Málaga airport and 52 to Gibraltar.
We will send you the exact location and the address of the sales office when you request Privé access or book a viewing.
Distances, measured by us
Measured from Aire along real roads and footpaths, not as the crow flies.
| Destination | On foot | By car |
|---|---|---|
| Nearest beach (Playa de Guadalmansa) | 2.2 km, 31 min | 2.7 km, 7 min |
| Supermarket (Lidl) | 2.3 km, 31 min | 2.4 km, 5 min |
| International school (The International School of Estepona) | 3.9 km, 52 min | 8.1 km, 11 min |
| Hospital (Hospital Hospiten de Estepona) | 4.2 km, 7 min | |
| Puerto Banús | 11.5 km, 14 min | |
| Marbella old town | 18.2 km, 23 min | |
| San Pedro town centre | 8.5 km, 12 min | |
| Estepona town centre | 11.7 km, 15 min | |
| Benahavís village | 13.1 km, 17 min | |
| Málaga airport | 71.4 km, 59 min | |
| Gibraltar airport | 56.0 km, 52 min |
Calculated with OpenStreetMap routes without traffic, on 20 October 2026. Walking times over an hour are omitted.
Sun, light and views
Here the sun rises at 7:02 on 21 June and sets at 21:41, giving 14.7 hours of daylight. On 21 December you still have 9.7 hours, with the midday sun at 30° above the horizon. Aire sits at around 39 metres above sea level.
The first-floor apartment and the penthouse have confirmed sea views; the ground-floor apartment does not. How broad the view from the first floor really is, we check on the plan and during a viewing.
Homes and finishes
The windows have double glazing with thermal break, the kitchens are delivered fitted with appliances and the air conditioning is ducted. Every home gets a reinforced security door. The double A rating means a low energy bill. A full specification was missing from our documents. We request it and go through the kitchen and bathroom brands with you, along with the waterproofing of the large penthouse terrace and the acoustic insulation, because that determines comfort in a seven-storey building.
Payment schedule
As with most new builds on the Costa del Sol, you pay in instalments: a reservation deposit, a portion on signing the purchase contract and during construction, and the balance at the deed signing. Every payment before completion must be covered by a bank guarantee. We will send you the exact payment schedule for Aire through Privé.
Available homes in Aire
A selection, as of 20 October 2026. More homes are available than shown below; request the full price list.
| Type | Beds | Baths | Living area | Terrace | Garden | Price |
|---|---|---|---|---|---|---|
| Apartment | 3 | 2 | 134 m² | 29 m² | – | € 487.500 |
| Ground floor apartment | 3 | 2 | 134 m² | 48 m² | – | € 492.000 |
| Penthouse | 3 | 2 | 163 m² | 142 m² | – | € 922.000 |
Book a viewing nowGet the price list and floor plansSend us a WhatsApp
Our honest verdict on Aire
Strengths
- Three bedrooms and 134 m² from €487,500, with sea views
- Penthouse with 142 m² terrace on the sixth floor
- Median price per m² 27% below new builds in Estepona
- Access to the Cancelada clubhouse with spa and café
- Energy rating A and a reinforced security door in every home
- Puerto Banús a 14-minute drive away
Points to consider
- Completion not until May 2028, 19 months from now
- Penthouse costs almost twice as much as the other homes
- Beach a 31-minute walk away, so mainly by car
- Ground floor without confirmed sea views
- No specification received; finishes still to be confirmed
Who is Aire right for?
Aire is worth a look if you want three bedrooms for under half a million, for example a family spending holidays with children or grandchildren. The penthouse appeals to buyers who want to live outdoors with a view. If you do not want to wait until 2028 or would rather walk to the beach, you are better off looking at completed developments closer to the coast.
Why buy through Imagine Marbella?
With us you pay exactly the same price as buying direct from the developer. Our fee is paid by the seller, not by you. What you get on top is what makes the difference.
- Independent. We are not tied to any development. We compare the entire market and tell you honestly when a project is not right for you.
- Stronger at the negotiating table. Whenever there is room to negotiate, on price, payment schedule, finishes or a parking space, we know the market, the sales figures and the developers. We defend your interests; the seller defends theirs.
- Free extra services. We check licences, bank guarantees and specifications, provide legal support in your own language and plan viewings around your travel dates.
- Beyond the handover. We follow the construction, the handover and the after-sales with you, so you are never on your own.
Imagine Privé
As a Privé member, you receive the current price list and availability, floor plans, the building specifications, the payment schedule and our comparison with other new developments, in English, French, Dutch or Spanish.
Free and without obligation.
Off market: what you will not find online
Not every property on the Costa del Sol ends up on a website.
Owners who want to sell discreetly, a last penthouse that has not yet been released, a villa that only comes onto the market when the right buyer appears: part of the market changes hands without a single advert. Already know the market and looking for something you cannot find online? Tell us as precisely as possible what you are looking for. If it exists, we will find it for you.
Ask about our off-market propertiesDiscuss it on WhatsApp
Completely confidential. We only share your search with your permission.
Frequently asked questions about Aire
Is Aire suitable as a holiday apartment in Estepona?
Yes. With three bedrooms, a pool and the clubhouse with spa, there is plenty to do for a family. The beach and Puerto Banús are a short drive away. Do check the community's rules on holiday lets, though.
How much is the penthouse at Aire?
The sixth-floor penthouse costs €922,000. You get 163 m², three bedrooms, sea views and a 142 m² terrace.
Can you spend the winter at Aire?
The homes are built for year-round use, with double glazing, ducted air conditioning and energy rating A. Supermarket and hospital are a 5 and 7-minute drive away.
What are the total costs when buying at Aire?
For the €487,500 apartment, VAT, stamp duty, notary and lawyer bring you to €550,900, around 13% extra. Any mortgage costs come on top of that.
Do I pay more if I buy Aire through Imagine Marbella?
No. You pay the same price as buying directly from the seller. Through us you also get independent advice, legal guidance and aftercare.
What costs come on top of the price of a new-build home?
In Andalusia, a new build carries 10% VAT (IVA) and 1.2% stamp duty (AJD), plus notary, land registry and lawyer's fees. For the most affordable home in Aire, that adds up to around 13.0%.
About the author
Geert Eeckeleers, Managing Director of Imagine Marbella. Since 2018 he has guided buyers on the Costa del Sol, in English, French, Dutch and Spanish.

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