Under construction · current release

Adagio

New Golden Mile · Estepona · Ref: RDEV2304

Prices from

€442,000

Available

7 of 25

Bedrooms

2–3en-suite

Delivery

April 2028

Type

Apartments

Size from

93 m²

Total homes

25 homes

Phase

Under construction

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Licensed agency · est. 2017 AIPP member 500+ active developments

Project lifecycle

Coming soon

Off-plan

With licence

You are hereUnder construction~22% saving

Completed

Roccabox · the editorial

Adagio, in context.

Adagio is a collection of contemporary homes in Cancelada, one of the most established neighbourhoods on Estepona's New Golden Mile, set between Estepona's old town and Puerto Banús. It is designed for buyers who want a manageable, well-equipped base on the coast, whether for long seasons in the sun or a permanent move.

The mix runs from two-bedroom apartments of 93 m² to three-bedroom homes of 125 m².

Outdoor space is the point here. Most homes take in views of the Mediterranean. One ground-floor two-bedroom home on the current price list comes with a terrace of almost 70 m², room enough for a long dining table and a run of sun loungers. Mornings might begin with coffee facing the sea and a swim in the communal pool before the day warms up.

Within the complex sit landscaped gardens, an equipped indoor gym, an outdoor sports area and a quiet zen space. Residents also have access to the Cancelada Club House. Every home includes a garage and a storage room.

Construction has started, with completion expected in April 2028. Of the 25 homes in the current release, 18 are already sold. The remaining seven are listed between €442,000 and €633,000. The developer's published prices are quoted before VAT, currently 10%. For a sea-view address a minute's drive from Flamingos Golf, the choice is already narrowing.

Prepared by the Roccabox New-Developments Desk · Marbella

At a glance

Key facts

01
Two- and three-bedroom homes of 93 to 125 m², each with garage and storage
02
Only seven of 25 homes in the current release still available
03
Construction under way, completion expected April 2028
04
Flamingos Golf 705 m away, Guadalmansa beach a four-minute drive
05
Pool, indoor gym, zen area and access to the Cancelada Club House

The current release

The 7 remaining apartments

Each one specified individually. Pricing released on enquiry.

+Show full unit listHide unit list 7 units · Unit, block, floor, specs, garage

Unit	Block	Floor	Beds	Baths	Interior	Outside	Garage
—	3	BJ	2	2	94 m²	60 m² garden	1 + storage
—	2	BJ	3	2	124 m²	29 m² terrace	1 + storage
—	3	0	2	2	93 m²	31 m² terrace	1 + storage
—	1	BJ	3	2	125 m²	11 m² terrace · 41 m² garden	1 + storage
—	1	0	2	2	99 m²	41 m² terrace	1 + storage
—	3	0	3	2	124 m²	35 m² terrace	2 + storage
—	3	BJ	3	2	119 m²	3 m² terrace · 175 m² garden	2 + storage

Pricing released on enquiry. Reservations require a refundable holding deposit, held under Spanish bank guarantee until completion.

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Live availability

7 of 25 apartments remain

Live data refreshed nightly from our multiple independent sources.

2-bedroom Apartments 93–99 m²

From

€442,000

3 available

3-bedroom Apartments 119–125 m²

From

€451,000

4 available

The off-plan discount curve

The off-plan discount, stage by stage

Off-plan entry typically offers the largest pricing headroom at the earliest stages. The advantage narrows as construction progresses — at completion the unit is priced at market. Adagio currently sits in the Under construction band.

Coming soon

~40% off

Off-plan

~32% off

With licence

~27% off

Under construction

YOU ARE HERE

~22% off

Completed

~16% off

Current entry

€442k

Under construction pricing

Projected key-ready benchmark

€567k

Indicative uplift modelled against comparable new-build completions

Roccabox analyst view

Adagio is no longer a pre-launch proposition. Construction has started and completion is expected in April 2028, so buyers commit to a building under way rather than a set of renders. The more pressing factor is supply. Eighteen of the 25 homes in the current release are sold, leaving seven homes and a shrinking choice of floor, outlook and terrace. On price, the development sits comfortably above the Casafari median of €3,429 per m² for the broader Costa del Sol, a wide-area figure of limited precision. That premium pays for new-build insulation, a full amenity package and sea views from most homes. Over the past year the regional median has also edged up from €3,381.

Reserving early

Why buyers reserve at this stage

Personalisation window

Reserving during the Under construction phase gives buyers genuine input into layout, finishes and basement use ahead of handover, a window that closes as the build advances.

Scarcity and specification

7 of 25 units remain. The plot sizes, orientation and amenity package on this scheme are not easily replicated in the immediate resale stock.

Risk-managed entry

Spanish new-build buyers are protected by staged payments held under bank guarantee, ten-year structural warranty and full licence review. Roccabox brokers all of this through regulated counsel.

Market reality

The premium, contextualised

Useful context — not a substitute for unit-level valuation. Pricing data cross-referenced against live Costa del Sol market signals.

Adagio is not priced against average Estepona resale stock. It is a premium new-build product with the specification, plot quality and amenity package that the broader resale market typically does not match. At €4,753 per built m² the relevant question is whether the premium is justified against comparable new-build completions, not whether it beats the area's median of €3,124/m².

Comparable confidence: 70% · Source: live market data, 05/11/2026

Estepona apartments median (€/m²)

€3,124

Adagio (€/m² built)

€4,753

Premium reflects

new-build specification · scarcity · plot & orientation

Why buy with Roccabox

Your purchase is in safe hands

Licensed, regulated and trusted since 2017. We verify every development before listing it.

◆

Licensed agency

AIPP member · est. 2017 · Regulated by Spanish property law

◆

Live market data

Cross-referenced against the most credible Costa del Sol sources

◆

Buyer protections

Staged payments · bank guarantee · 10-yr warranty

93–125 m²

Internal area per unit

Specification

What every unit receives

Bedrooms

2–3 en-suite

Bathrooms

Built area

93–125 m²

Build stage

Under construction

Completion

April 2028

Warranty

10-yr structural

Energy

Class A (new build)

New Golden Mile

Living in Estepona

Golf

705 m

Flamingos Golf

Beach

1.9 km

Playa de Guadalmansa

Airport

43.8 km

Royal Air Force Gibraltar

Restaurant

1.1 km

Kikos

Café

1.1 km

Café

Bar

1.1 km

Santa Maria

Supermarket

1.0 km

Tienda

Pharmacy

1.1 km

Farmacia Cancelada

Hospital

2.8 km

Hospital Hospiten de Estepona

Padel / tennis

1.7 km

Racket Club Villa Paderna

Marina

9.9 km

Puerto Deportivo José Banus

Train station

28.2 km

Cortes de la Frontera

Cancelada moves at the pace of a settled neighbourhood rather than a resort. Daily needs are close at hand. A pharmacy, supermarkets including a Lidl, cafés and a handful of restaurants all sit within about two kilometres, mostly two or three minutes by car. Schools, banks and parks are in the surrounding area. Golf sets the tone.

Flamingos Golf lies just 705 m away. El Coto de la Serena and Tramores are each around three minutes' drive, with El Campanario and Atalaya Golf & Country Club also within easy reach. 7 km away.

The beaches at Guadalmansa and Villacana are just under 2 km off, roughly four minutes by car. This is not a walk-to-the-sand address, so a car is part of daily life. Average highs of 22.4°C and lows of 15.8°C keep terraces in use well beyond summer. Hospiten Estepona is six minutes away, Puerto Banús 20 minutes and Estepona's port 21. Málaga airport lies some 55 km to the east, Gibraltar 44 km to the west.

From your door

Marbella Old Town

18 min by car

16.5 km direct

Puerto Banús

11 min by car

9.7 km direct

Málaga Airport

1h by car

55.1 km direct

Mijas Pueblo

44 min by car

40.3 km direct

La Cala de Mijas

40 min by car

37.1 km direct

Estepona

10 min by car

8.9 km direct

Gibraltar

49 min by car

45.0 km direct

Ronda

35 min by car

31.6 km direct

Shahd Sherif · Your Roccabox specialist

New Developments Desk · Marbella office

Every Roccabox specialist on the New-Developments Desk has walked the projects we represent and reviewed the architectural drawings. We will tell you honestly which of the remaining Adagio residences suits your brief, model the numbers in your currency, and arrange a private viewing within the week. Airport transfer arranged where helpful.

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WhatsApp the team +34 951 12 04 67

Real numbers

Understand the full picture

Spanish purchases involve taxes and fees that catch first-time international buyers off-guard. We surface every figure that matters.

Typical off-plan payment schedule

Spanish new-build purchases are typically paid in three staged instalments, with every euro held under bank guarantee until completion.

On reservation

€44k10%

Refundable holding deposit until contract signing; locks the unit out of the open market.

Contract signing

€88k20%

First instalment to the developer's bonded escrow account, around 4–8 weeks after reservation.

On completion

€309k70%

Balance paid when keys are handed over and the licence of first occupation issued.

Total cost of ownership

Purchase price · drag to model

€442,000

From €442,000€633,000

VAT / IVA (10% new build)

€44,200

Stamp duty / AJD (1.2%)

€5,304

Notary + registry (~1%)

€4,420

Legal fees (~1%)

€4,420

All-in

€500,344

Annual IBI (property tax) ≈ 0.4–1.1% of cadastral value. Community fees vary. Your gestor confirms exact figures.

Spanish mortgage scenario

Indicative non-resident mortgage on the slider price above. Spanish banks typically lend 60–70% LTV to non-residents over 20–25 years.

Monthly payment

€1,549/mo

Total repayable

€464,679

Loan-to-value · 70%

50%70%

Term · 25 years

10 yrs30 yrs

Interest rate · 3.50%

2.5%5.5%

Deposit required

€132,600

Loan amount

€309,400

Illustrative only. Actual Spanish mortgage terms depend on residency, income, tax history and the lender. Roccabox can introduce you to non-resident mortgage brokers.

Investment outlook

Three scenarios our analysts model on every Costa del Sol off-plan deal.

A · Hold and sell at key-ready

€79,560gross uplift

B · Rent long-term (gross/yr)

€12,376

C · Short-term rental (peak gross/yr)

€19,890

Capital growth · 8-yr area benchmark

+30–40%

Personal 5-year model

on request

Ranges are illustrative and gross. Short-term rentals require a tourism licence (VFT) and active management. Our investment analysts can model your specific scenario using current Marbella rental comparables.

Common questions

Buying off-plan in Spain, answered

Straight answers to the questions our specialists field most. For anything else, the assistant above answers in real time.

Is Adagio a good investment compared to the local resale market?

Adagio is positioned as a premium new-build product with developer warranty, modern specification and limited supply. Comparable to the broader resale stock in Estepona on price-per-m², the premium reflects new-build standards, plot quality and amenity package not typically available in the resale market. Our market analysts model the projected key-ready value on request.

What is the off-plan payment schedule in Spain?

Spanish off-plan purchases are typically staged: 10% on reservation (refundable holding deposit), a further 20% on signing the private purchase contract, and the remaining 70% on completion. Every euro paid before completion is held under bank guarantee — if the developer defaults, your money is refunded under Spanish law.

Can a non-resident get a mortgage to buy at Adagio?

Yes. Spanish banks routinely lend 60–70% loan-to-value to non-residents on properties at this value, over terms of 20–25 years at competitive rates. Roccabox introduces vetted non-resident mortgage brokers at no cost.

Does buying at Adagio qualify for Spanish residency?

Spain's property-based Golden Visa route closed to new applicants on 3 April 2025 under Organic Law 1/2025. However, other residency routes remain available depending on circumstances — non-lucrative visa, digital-nomad visa, work or family-based permits. Roccabox introduces regulated Spanish immigration counsel.

How far is Adagio from Málaga airport?

Approximately 60 minutes' drive, with a direct route via the A-7 / AP-7 motorway.

What is included in the purchase price?

Price includes the unit as specified by the developer. Spanish purchase costs (VAT/IVA on new builds at 10%, AJD stamp duty at 1.2%, notary and registry around 1%, legal counsel typically 1%) sit on top of the headline price. The Roccabox team produces a personalised total-cost breakdown on request.

Can I personalise the property?

At the Under construction stage, Adagio buyers can typically influence layout details, basement configuration, finishes and specification ahead of handover. The window narrows as the build progresses. Our specialist will walk you through what's still negotiable on each remaining unit.

Speak with us

Speak with our team.

Our New-Developments Desk has reviewed every project on the Costa del Sol catalogue and can walk you through which of the remaining 7 units suit your brief, model the numbers in your currency, and arrange a viewing — including airport transfer where helpful.

Ask a question now via the assistant, or have the team follow up with the full brief.

Shahd Sherif

New-Developments Desk · Marbella

EN · ES · RU · FR · NL · SV

Call the team · +34 951 12 04 67 WhatsApp the team Ask the assistant

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