You can view 2 more properties. Log in for unlimited access.
2
Bedrooms
2
Bathrooms
110 m²
Surface area
€
€5718
Price per m²
Apartment
Property type
+24 photos
Analysis
Price
€629.000
Own investment (30%)
€188.700
30% down payment of purchase price
Buyer costs
€62.900
Buyer costs: 10% of purchase price
Estimated nightly rate
€126,61
Expected occupancy rate
69%
Gross rental p/m
Log in to see the annual gross rental income
€0000
Sign in to view
Mortgage costs
-€1.174,13
This is the monthly interest you pay for the mortgage(3.2%interest)
Maintenance costs
-€91,67
Estimated annual maintenance costs (10€/m²). This is the rule of thumb for existing and older homes. For new construction, this is usually lower.
Cleaning costs
-€291,67
Annual cleaning costs:€3500 (€291.67/month).Based on number of bedrooms.
Platform fees
-€398,58
15% commission based on average fees from Booking.com and Airbnb
Municipal taxes
-€146,16
Municipal taxes for Cancelada
Tax
(19%)
-€105,45
This is the VAT percentage you pay in the country of the property. If you are a EU resident, you pay 19% VAT.
Earned back in
Time to earn back own investment + buyer costs.
Interested?
Log in now to contact the seller directly
Log inNightly Rates
Estimated nightly rate
€126,61
High season
€167
Mid season
€123,92
Low season
€103
Price determining factors
- Proximity to beaches, cities, and amenities increases desirability.
- Views of sea and mountains add premium value.
- Modern design and rooftop terrace are attractive features.
- Private garage and storage add convenience and security.
Comparable accommodations
| Rate | Hotel / apartment | Distance |
|---|---|---|
| €275,20 | Casa Tetuan in old town Marbella, a manicured home | 16.0 km |
| €186,80 | Unique place with roof terrace in Old town | 16.0 km |
| €118 | Villacana Villa-holiday by the beach | 0.9 km |
| €139,40 | Townhouse – 3 floors Close to the beach! | 2.0 km |
| €125,60 | Modern Townhouse, roof terrace in Estepona OldTown | 8.9 km |
| €139 | Casa Relajante - big summer garden | 10.7 km |
| €286,80 | Beachfront BohoChic II Pool+DirectBeach+Parking | 12.5 km |
| €131,40 | House 5 minutes from the beach, Puerto Banús and 5 golf courses | 8.4 km |
| €108,40 | Marbella Townhouse near Top Golf Courses | 9.8 km |
| €161,60 | Luxury Oasis at Alcazaba Lagoon | 16.2 km |
Return & Value appreciation
Annual return
2.14%
5 Year Return
10.70%
10 Year Return
21.40%
ROI Distribution
Value development
Factors for value appreciation
- Property condition: Well-maintained modern apartment built in 2020 enhances value.
- Local market trends in 2027: Expected growth in luxury and holiday property demand in Cancelada.
- Property type: Apartment in a desirable location with amenities appeals to buyers and investors.
- Economic outlook in 2027: Stable or improving economic conditions in Spain and Europe support property appreciation.
- Demographic developments: Increasing expatriate and retiree populations boost demand.
- Infrastructure plans in 2027: Ongoing development in transportation, amenities, and tourism infrastructure.
- Historical WOZ value trends: Consistent increase in property taxes indicates rising property values.
Possible improvements
- Upgrade kitchen appliances and finishes for higher appeal.
- Add smart home features for modern convenience.
- Improve outdoor spaces or landscaping to enhance views.
- Install energy-efficient systems to reduce utility costs.
Description
Discover this contemporary and stylish apartment in Cancelada, Spain, ideally situated between the vibrant cities of Marbella and Estepona. This modern residence, built in 2020, offers an exceptional living experience with a spacious rooftop terrace boasting panoramic views of the sea and mountains. Located in the desirable Cancelada area, this property provides convenient access to local restaurants, shops, supermarkets, and the beautiful beaches, all within walking distance.
This Cancelada apartment features two generous bedrooms and two sleek bathrooms, perfect for comfortable living. The fully equipped modern kitchen includes high-end appliances and a practical utility room, making daily living effortless. The bright and airy living room is illuminated by large windows and sliding doors that open onto a spacious balcony—ideal for relaxing or entertaining guests.
One of the standout features of this property is the expansive rooftop terrace, offering spectacular vistas of the Mediterranean Sea and the scenic mountains surrounding Cancelada, Spain. Additional amenities include two private garage spaces and a storage room, ensuring ample convenience and security.
Whether you’re seeking a permanent residence, a holiday home, or an investment opportunity in Cancelada, Spain, this property combines modern design, prime location, and stunning views. Don’t miss the chance to own this exceptional apartment in the heart of Cancelada, Spain.
Location
Similar properties in Cancelada
Nightly rates in the area
Questions? Chat with us!