Oceana Gardens

Oceana Gardens

Estepona · Costa del Sol

108 apartments/penthouses
Purchase Prices from € 444,000

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Relaxing in Cancelada

Relaxing in Cancelada

With the new development "Oceana Gardens", 108 attractive apartments or penthouses are being built in the up-and-coming district of Cancelada in Estepona. They have living areas of approximately 90 to 135 square metres, two or three bedrooms and two to three bathrooms (some en suite) as well as a kitchen with adjoining dining/living area.

The apartments on the ground floor have their own garden, while the penthouses have a roof terrace. Each unit also has a cellar and a parking space in a garage.

The residential units are located in a total of eight blocks in a modern residential complex with a spacious garden. Among other things, a swimming pool, a co-working space and a fitness room are available at the residential complex. There is also a spa, among other things, in a clubhouse. So you have all the options for a relaxing holiday.

Your investment

Why you should choose for "Oceana Gardens"?

More life and stlye

More life and stlye

Cancelada is considered an up-and-coming district. Here you will find various restaurants, grocery and fashion shops as well as pharmacies.

Gated Community

Gated Community

Whether spa, sauna or cafeteria - the residents of the new complex in Cancelada can use these and other facilities communally.

Excellent location

Excellent location

The Oceana Gardens development is located on the New Golden Mile, a highly sought-after area for luxury properties.

Beautiful beaches

Beautiful beaches

By car, you can reach various beautiful beaches in less than ten minutes each, which invite you to take a trip.

Purchase prices
District Benamara - Atalaya
€4,322/m²average
+9.8% in the past year
As of Sep 2026
Purchase price growth
District Benamara - Atalaya
+65.4%5 years
avg. +10.6%/yr
+129% 10 years
As of Sep 2026
Long-term rents
District Benamara - Atalaya
€21.9/m²per month
+5.9% in the past year
As of Sep 2026
Rent growth
District Benamara - Atalaya
+108.7%5 years
avg. +15.9%/yr
+164.6% 10 years
As of Sep 2026
Live & rent
Nightly price
€237–250for 3-bed
31–42% Occupancy over the year
in summer 66–77%
As of Sep 2026
Live & rent
yield
5.1–8.2%gross on the purchase price
€22,700–36,300 a year
net 3.8–6.2%
As of Sep 2026
Investment rental
Nightly price
€257–293for 3-bed
57–65% Occupancy over the year
in summer 81%
As of Sep 2026
Investment rental
yield
13.5–14.3%gross on the purchase price
€59,800–63,600 a year
net 10.1–10.7%
As of Sep 2026

Holiday letting needs a licence and the community’s approval. Based on 24 comparable 3-bedroom holiday rentals within 1.6 km — past figures, an indication, not a forecast.

More in the investor area →·Our own market analysis of newestepona.com

Where is "Oceana Gardens"?

108 Apartments/Penthouses · from € 444,000

"Oceana Gardens" is located on Calle Islas Caimán in the Cancelada district of Estepona. You can reach various restaurants and shops on foot in less than ten minutes. Playa de Guadalmansa is about 30 minutes away on foot, by car about 5 minutes. If you would like to make an excursion to Estepona's city centre, you can reach it in about 15 minutes by car, and Marbella is about 30 minutes away. Málaga and Gibraltar can be reached by car in about 50 to 55 minutes.
Where is "Oceana Gardens"? — map
Where is "Oceana Gardens"?

FAQs about Oceana Gardens

Where is Oceana Gardens located in Estepona?

Oceana Gardens is set on Calle Islas Caimán in the Cancelada district of Estepona, with restaurants and shops less than ten minutes away on foot and the beach a short drive. newEstepona is glad to arrange a viewing.

What homes does Oceana Gardens offer?

Oceana Gardens is a development of 108 apartments and penthouses with 3 bedrooms and generous living areas, in the up-and-coming Cancelada area. newEstepona can walk you through the available layouts and orientations.

What features does Oceana Gardens include?

The homes are built for bright, easy living, with open layouts and generous terraces in a well-connected residential setting. Ask newEstepona for the full specification and finish options.

What is it like to live in Cancelada, Estepona?

Cancelada is a lively, well-served district on Estepona’s New Golden Mile, with shops and restaurants on foot and beaches, golf, Estepona and Marbella all within easy reach. It suits full-time living and holiday use alike; any holiday letting requires a tourist licence and the community’s approval. Christiane Tiebel of newEstepona is happy to explain what life here involves.

Who can I speak to about Oceana Gardens?

Your contact is Christiane Tiebel of newEstepona, who guides you personally from the first enquiry to the handover of keys — arranging viewings, floor plans and current availability and coordinating lawyer and notary. She is easiest to reach by WhatsApp or email.

Equipment at a glance

  • Porcelain tiles
  • Double glazing
  • Wardrobe
  • TV and internet connections
  • E-charging station (pre-install.)
  • Air conditioning
  • Terrace
  • Swimming pool (complex)
  • Club house (complex)
  • Co-working space

The next Hotspots

AIRPORT:Málaga 69,7 km
HIGHWAY:12,3 km
BEACH:2,1 km
SUPERMARKET:2,2 km
CITY CENTER:13,4 km
RESTAURANTS:300 m
GAS STATION:1,7 km
HOSPITAL:4,0 km
BUS STOP:2,3 km
SKI RESORT:273 km

About us

In Estepona we have found a place with a special quality of life. The climate, the Spanish culture, a variety of leisure activities and an international community offer a unique attitude to life throughout Europe.

With many decades of real estate experience our team will find the right property for you. From the first contact through all administrative procedures to the final notary appointment we are a reliable partner on your side.

Do you have any questions?

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