Under construction · current release

Eleven 41

Cancelada · Estepona · Ref: RDEV2195

Prices from

€1,040,000

Available

4 of 11

Bedrooms

3en-suite

Delivery

2nd Quarter 2028

Type

Apartments

Size from

214 m²

Total homes

11 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

Eleven 41, in context.

Eleven 41 is a project of just eleven three-bedroom homes on the Cancelada side of Los Flamingos, within the stretch of Estepona known as the New Golden Mile. Sources describe it variously as townhouses and as villas and the Zoddak record lists it under apartments. The format itself is unambiguous: each house runs to between 214 m² and 219 m² of built space and comes with a private garden, a private pool, private parking, wide terraces and a solarium of its own.

The specification reads like a house built to be lived in year-round rather than let out for a season. Hot and cold air conditioning, underfloor heating through the whole property and an advanced home automation system come as standard, with energy efficiency treated as a design brief rather than a certificate.

Flamingos Golf sits under a kilometre away, Tramores Golf a little beyond it and the sand at Playa del Saladillo is a three-minute drive.

Prices run from €1,040,000 to €1,150,000. Seven of the eleven houses have already sold, which leaves four and completion is scheduled for the second quarter of 2028. Construction is under way. For buyers who want a golf-side house with its own pool rather than a share of a communal one, the remaining choice is narrow and unlikely to widen.

Prepared by the Roccabox New-Developments Desk · Marbella

At a glance

Key facts

01
Eleven three-bedroom houses, 214 m² to 219 m² built, each with private pool and garden
02
Only four of eleven remain; seven already sold
03
Underfloor heating throughout, hot and cold air conditioning, full home automation
04
Flamingos Golf 900 m away, Playa del Saladillo a three-minute drive
05
Under construction now, completion scheduled Q2 2028, €1.04m to €1.15m

The current release

The 4 remaining apartments

Each one specified individually. Pricing released on enquiry.

+Show full unit listHide unit list 4 units · Unit, block, floor, specs, garage

Unit	Block	Floor	Beds	Baths	Interior	Outside	Garage
2	—	—	3	3	214 m²	81 m² terrace · 74 m² garden	2
7	—	—	3	3	214 m²	81 m² terrace · 71 m² garden	2
9	—	—	3	3	214 m²	81 m² terrace · 59 m² garden	2
5	—	—	3	3	219 m²	82 m² terrace · 169 m² garden	2

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

Roccabox AI

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Live availability

4 of 11 apartments remain

Live data refreshed nightly from our multiple independent sources.

3-bedroom Apartments 214–219 m²

From

€1,040,000

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. Eleven 41 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

€1.04M

Under construction pricing

Projected key-ready benchmark

€1.33M

Indicative uplift modelled against comparable new-build completions

Roccabox analyst view

Eleven 41 is past the paper stage. Construction has started and delivery is set for the second quarter of 2028, so a buyer today is committing against visible progress rather than a render, with staged payments spread across roughly two and a half years. Scarcity is the real argument: eleven houses in total, seven gone, four left. At €1,040,000 to €1,150,000 for 214 m² to 219 m², the figures work out near €4,750 to €5,375 per square metre against a Cancelada median of €3,193, a premium that reflects a private pool, private garden and a golf-side plot that resale stock at this price simply does not offer. Local listings average 223 days on the market; these have not needed them.

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

4 of 11 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.

Eleven 41 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 €4,860 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

Estepona apartments median (€/m²)

€3,422

Eleven 41 (€/m² built)

€4,860

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

214–219 m²

Internal area per unit

Specification

What every unit receives

Bedrooms

3 en-suite

Bathrooms

Built area

214–219 m²

Build stage

Under construction

Completion

2nd Quarter 2028

Warranty

10-yr structural

Energy

Class A (new build)

Cancelada

Living in Estepona

Golf

899 m

Flamingos Golf

Beach

1.3 km

Playa del Saladillo

Airport

44.4 km

Royal Air Force Gibraltar

Restaurant

762 m

Kikos

Café

809 m

Café

Bar

832 m

Santa Maria

Supermarket

641 m

Gardencenter Viveros del Valle

Pharmacy

858 m

Farmacia Cancelada

Hospital

3.6 km

Hospital Hospiten de Estepona

Padel / tennis

1.2 km

Racket Club Villa Paderna

Marina

8.9 km

Puerto Deportivo José Banus

Train station

29.1 km

Cortes de la Frontera

This is a pocket of the coast where daily life is measured in two-minute drives. A pharmacy, a Lidl and a handful of neighbourhood restaurants sit within 900 metres, the sort of places where the waiter learns your order by the second week. Kikos and Casa Giovanni are both under a kilometre from the door. The Racket Club at Villa Padierna is a two-minute hop for morning padel and the El Paraíso clubhouse bar is barely further.

Golf is the organising principle here. Flamingos Golf lies 900 metres away, Tramores just beyond and El Paraíso around 1.5 km, which makes a round before lunch entirely practical. Playa del Saladillo is 1.3 km down the hill, a quiet strip of sand rather than a crowded one.

For the rest, Hospiten Estepona is seven minutes by car, HC Marbella fifteen. Puerto Banús and its restaurants are eighteen minutes east, Estepona's old town and marina around twenty west. Average highs of 21.7°C and lows of 15.2°C across the year mean the terrace and solarium earn their keep in February as readily as in July. Málaga airport is roughly 55 km along the coast road, Gibraltar closer still.

From your door

Marbella Old Town

17 min by car

15.6 km direct

Puerto Banús

9 min by car

8.7 km direct

Málaga Airport

59 min by car

54.2 km direct

Mijas Pueblo

43 min by car

39.4 km direct

La Cala de Mijas

39 min by car

36.1 km direct

Estepona

11 min by car

9.8 km direct

Gibraltar

50 min by car

45.5 km direct

Ronda

35 min by car

32.0 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 Eleven 41 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

€104k10%

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

Contract signing

€208k20%

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

On completion

€728k70%

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

Total cost of ownership

Purchase price · drag to model

€1,040,000

From €1,040,000€1,352,000

VAT / IVA (10% new build)

€104,000

Stamp duty / AJD (1.2%)

€12,480

Notary + registry (~1%)

€10,400

Legal fees (~1%)

€10,400

All-in

€1,177,280

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

€3,645/mo

Total repayable

€1,093,362

Loan-to-value · 70%

50%70%

Term · 25 years

10 yrs30 yrs

Interest rate · 3.50%

2.5%5.5%

Deposit required

€312,000

Loan amount

€728,000

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

€187,200gross uplift

B · Rent long-term (gross/yr)

€29,120

C · Short-term rental (peak gross/yr)

€46,800

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.

Residency planning for non-EU buyers

Spain's property-based Golden Visa route closed to new applicants on 3 April 2025. Non-EU buyers acquiring property at this value still have residency routes — non-lucrative visa, digital-nomad visa, and case-specific options — depending on circumstances. We introduce regulated immigration counsel before any commitment.

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 Eleven 41 a good investment compared to the local resale market?

Eleven 41 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 Eleven 41?

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 Eleven 41 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 Eleven 41 from Málaga airport?

Approximately 59 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, Eleven 41 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 4 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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