Under construction · current release

Eleven 41

Cancelada · Estepona

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 collection of eleven semi-detached three-bedroom villas set within the Los Flamingos area of Cancelada, positioned between Marbella and Estepona on the Costa del Sol. With construction already under way and completion confirmed for the second quarter of 2028, the project is at an advanced stage relative to most off-plan offerings in this corridor.

Each villa spans between 214 and 219 m² of built space and comes with a private garden, private pool, dedicated parking, expansive terraces, and a rooftop solarium. Specification includes underfloor heating throughout, hot and cold air conditioning, and an integrated home-automation system. The basement level offers flexibility for a cinema room, additional bedrooms, or an entertainment suite.

Of the eleven homes, seven have already sold — four remain. At a price range of €1,040,000 to €1,240,000, the development sits at a significant premium to the Cancelada resale median, a differential that reflects both build quality and the scarcity of new product at this specification level in the area.

Prepared by the Roccabox New-Developments Desk · Marbella

At a glance

Key facts

01
Eleven semi-detached villas — 7 sold, only 4 remaining
02
214–219 m² builds with private pool, garden, and rooftop solarium included
03
Underfloor heating throughout, A/C, and full home-automation system
04
Construction started — delivery confirmed Q2 2028
05
Priced from €1,040,000 to €1,240,000 in Los Flamingos, Cancelada

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
5	—	—	3	3	219 m²	82 m² terrace · 169 m² garden	2
6	—	—	3	3	219 m²	82 m² terrace · 452 m² garden	3

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

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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

With construction under way and only four units remaining from an original eleven, Eleven 41 is well past the speculative stage — buyers are acquiring into a near-complete, demonstrably in-demand project rather than a concept. The Cancelada resale market sits at a median of approximately €3,181 per m²; at entry pricing these villas are being delivered at a figure that reflects new-build specification, scarcity, and a location that comparable resale stock — largely priced between €499,000 and €630,000 for three bedrooms — cannot replicate in terms of finish or exclusivity.

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 €3,364/m².

Comparable confidence: 70% · Source: live market data, 15/05/2026

Estepona apartments median (€/m²)

€3,364

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

Cancelada sits within the Los Flamingos enclave, a residential pocket long associated with golf, resort living, and relative seclusion from the busier coastal strip. The Mediterranean coastline is reachable in approximately five minutes by car, while central Estepona — a working Andalusian town of around 70,000 residents with a traditional promenade, fish restaurants, and a well-regarded old quarter — is under ten minutes away. Marbella, Sotogrande, and Puerto Banús are all accessible along the A-7 corridor. The development's position between two of the Costa del Sol's main centres means neither is the sole draw, and the surrounding golf courses provide a natural green buffer that keeps the immediate environment calm and low-density.

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

€1,166,880

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