New Development Villas for Sale in Cancelada, New Golden Mile
BUILDING LICENSE GRANTED…! The New Golden Mile becomes the host of today’s most elegant luxury concept – An unprecedented development, 13 unique villas where avant-garde design marks a turning point for lovers of good living. In a charming atmosphere, bathed in the light of the Mediterranean and decorated by the most beautiful sunsets, the perfect natural elements collide to project dream villas that reach perfection.
Dream location, a few steps from the sea and near one of the last authentic Andalusian neighbourhoods. In the future, you will be able to enjoy direct access via a bridge to the prestigious Golf Club, Los Flamingos. Between Puerto Banus and Estepona, the town of Cancelada, belongs to the municipality of Estepona, and has retained its essential Spanish charm. It represents the ‘true Andalusia’ where you can enjoy the tradition and charm of the south.
PRICES €999,000 – 1,390,000, depending on views and location inside the development.
All villas feature 4 bedroom, 4 bathrooms with 3 different layouts:
Design A = 272m2 + 133m2 terraces + pool + optional basement of 143m2 (extra payment required) + 36m2 covered garage.
Design B = 272m2 + 133m2 terraces + pool + optional basement of 142m2 (extra payment required) + 36m2 covered garage.
Design C = 273m2 + 141m2 terraces + pool + optional basement of 140m2 (extra payment required) + 31m2 uncovered garage.
Plot sizes: 1068m² – 1175m2
PAYMENT TERMS: Step 1: Reservation €20,000 / Step 2: Buy the plot / Step 3: Sign turnkey contract and pay 30,000€ + VAT which, amongst others, include the project of the villa / Step 4: When the building license is issued, construction starts with payment of 20% + VAT / Step 5: Monthly payment & finance. It is possible to apply for a developers mortgage, subject to approval. Construction period is approx. 12 months.
TAXES: VAT on the plot is 21% (paid by the buyer). VAT on the building costs is 10% (paid by the buyer).