Aire
Project lifecycle
Aire, in context.
Aire is a 57-apartment residential scheme in Cancelada, the established enclave at the heart of Estepona's New Golden Mile, priced from €428,000 for two-bedroom configurations up to €552,000 for three-bedroom residences of up to 124 m². The development is designed across low-rise blocks, with ground-floor homes offering private gardens, upper-floor apartments benefiting from generous terraces, and penthouses positioned to capture unobstructed mountain and Mediterranean sea views.
Residents gain access to a communal pool, an equipped indoor gym, an outdoor sports area, and — notably — membership of the Cancelada Club House, which includes a spa, sauna, gym, and cafeteria. Completion is scheduled for May 2028. With 24 of 30 currently listed units already reserved, the remaining availability of six homes warrants prompt attention from serious buyers.
Key facts
The 6 remaining apartments
Each one specified individually. Pricing released on enquiry.
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| Unit | Block | Floor | Beds | Baths | Interior | Outside | Garage | |
|---|---|---|---|---|---|---|---|---|
| — | 1 | 1 | 2 | 2 | 100 m² | — | 1 + storage | |
| — | 2 | 3 | 2 | 2 | 108 m² | — | 1 + storage | |
| — | 2 | 2 | 3 | — | 124 m² | — | 1 + storage | |
| — | 1 | 5 | 2 | 2 | 111 m² | — | 1 + storage | |
| — | 1 | 3 | 2 | 2 | 103 m² | 22 m² terrace · 44 m² garden | 1 + storage | |
| — | 2 | 1 | 3 | 2 | 124 m² | 23 m² terrace · 44 m² garden | 1 + storage |
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6 of 30 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.
Aire enters the market at a meaningful premium to the Cancelada resale median of approximately €3,181 per m², yet that gap reflects new-build specification, Club House access, and a delivery date of May 2028 — by which point comparable resale stock in the area has historically moved on. More immediately compelling is scarcity: 24 of the 30 listed units are already sold, leaving six homes across what is a 57-apartment scheme. Buyers at this stage are acquiring from a near-depleted release, not a standing inventory.
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
6 of 30 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 €4,280 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 €3,364/m².
Comparable confidence: 70% · Source: live market data, 15/05/2026
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What every unit receives
Living in Estepona
Cancelada sits within the New Golden Mile corridor between Estepona and Marbella — an area that has drawn a permanent international community precisely because it delivers resort-quality amenity without the density of Puerto Banús. Several of Andalusia's most regarded golf courses, including Flamingos Golf, El Campanario Golf & Country House, and Atalaya Golf, are within immediate reach. The Kempinski Resort Hotel — a member of Leading Hotels of the World — and Villa Padierna Palace are both close neighbours, lending the neighbourhood a calibre of hospitality infrastructure that reinforces rather than inflates values. The Costa del Sol's famously benign climate, with upwards of 320 days of sunshine annually, makes the scheme's outdoor terraces and pool genuinely year-round assets rather than seasonal ones.

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 6 units suit your brief, model the numbers in your currency, and arrange a viewing — including airport transfer where helpful.
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