Aire
Project lifecycle
Aire, in context.
Aire occupies a quiet, green shelf of land in Cancelada, the inland pocket of Estepona's New Golden Mile where the fairways of Flamingos Golf begin a few hundred metres from the entrance and the sand at Guadalmansa is four minutes by car. The homes are two and three-bedroom apartments of 100 m² to 150 m², priced from €487,500 to €922,000, with ground-floor units opening onto private gardens and penthouses given over to large roof terraces.
The outlook is what justifies the money. Behind the site the ground climbs towards the Sierra Bermeja, so the mountain views are protected rather than borrowed and most of the homes also look south across the Mediterranean.
Every apartment comes with a garage space and a storage room, which sounds prosaic until you have spent a summer in an older block without either.
One point of honesty: the developer literature describes a wider complex of 57 homes, while the release we track numbers 33 units, of which 30 are sold and three remain. Ask us to confirm which phase a given unit belongs to before you commit. Completion is scheduled for May 2028 and at this stage the choice of remaining aspects is narrow rather than wide.
Key facts
The 3 remaining apartments
Each one specified individually. Pricing released on enquiry.
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| Unit | Block | Floor | Beds | Baths | Interior | Outside | Garage | |
|---|---|---|---|---|---|---|---|---|
| — | 2 | 2 | 3 | 2 | 100 m² | — | 1 + storage | |
| — | 2 | 1 | 2 | 2 | 100 m² | 23 m² terrace · 44 m² garden | 1 + storage | |
| — | 1 | 6 | 3 | 2 | 150 m² | 142 m² terrace | 1 + storage |
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3 of 33 apartments remain
Live data refreshed nightly from our multiple independent sources.
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. Aire currently sits in the Off-plan band.
This is a late-stage offplan buy rather than an early speculative one. With 30 of the 33 tracked homes already sold and handover set for May 2028, the risk profile is closer to a near-finished building than a launch, though you still pay in stages rather than all at once. On price, be clear-eyed: Cancelada resale averages around €3,188 per m² and Aire's entry pricing sits well above that, which is what a garage, storage, warranty, protected views and Club House access cost in a new build. Resale stock here takes about 223 days to move, so the three remaining units are the scarce part of the equation, not the price.
Why buyers reserve at this stage
Personalisation window
Reserving during the Off-plan 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
3 of 33 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.
The premium, contextualised
Useful context — not a substitute for unit-level valuation. Pricing data cross-referenced against live Costa del Sol market signals.
Aire 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 €4,875 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 €3,422/m².
Comparable confidence: 70% · Source: live market data, 18/09/2026
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What every unit receives
Living in Estepona
Cancelada is a working village rather than a resort strip and that is the point. The pharmacy, a small supermarket and a handful of long-standing restaurants sit within a kilometre, close enough to walk for bread or to leave the car behind after dinner. Playa de Guadalmansa is a four-minute drive, wide and open, the sort of beach where a morning swim before work is realistic rather than aspirational.
Golfers are unusually well served. Flamingos Golf is under a kilometre away, with El Coto de la Serena and Tramores both inside two kilometres and racket courts a three-minute drive at the club beside Villa Padierna. Puerto Banús and its restaurants sit 20 minutes east; Estepona port and old town roughly the same distance west, so you can choose your evening by mood.
Practicalities line up too. Hospiten Estepona is 2.7 km away and HC Marbella 17 minutes. Málaga airport is around 55 km along the coastal motorway. The climate does the rest: average highs of 22.4°C and lows of 15.9°C across the year, which is why the terraces here get used in February as well as August.

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.
Total cost of ownership
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.
Investment outlook
Three scenarios our analysts model on every Costa del Sol off-plan deal.
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 Aire a good investment compared to the local resale market?
What is the off-plan payment schedule in Spain?
Can a non-resident get a mortgage to buy at Aire?
Does buying at Aire qualify for Spanish residency?
How far is Aire from Málaga airport?
What is included in the purchase price?
Can I personalise the property?
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 3 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.