You can view 2 more properties. Log in for unlimited access.
2
Bedrooms
2
Bathrooms
120 m²
Surface area
€
€4083
Price per m²
Apartment
Property type
+11 photos
Analysis
Price
€490.000
Own investment (30%)
€147.000
30% down payment of purchase price
Buyer costs
€49.000
Buyer costs: 10% of purchase price
Estimated nightly rate
€126,46
Expected occupancy rate
69%
Gross rental p/m
Log in to see the annual gross rental income
€0000
Sign in to view
Mortgage costs
-€914,67
This is the monthly interest you pay for the mortgage(3.2%interest)
Maintenance costs
-€100
{% trans '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
-€398,11
{% trans '15% commission based on average fees from Booking.com
and Airbnb' %}
Municipal taxes
-€116,62
Municipal taxes for Cancelada
Tax
(19%)
-€158,27
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
€126,46
High season
€167
Mid season
€123,92
Low season
€104
Price determining factors
- Property condition: Upgraded interiors and amenities increase appeal.
- Local market trends in 2027: Positive economic growth boosts property prices.
- Property type: Popularity of apartments in coastal Spain.
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
5.51%
5 Year Return
27.55%
10 Year Return
55.10%
ROI Distribution
Value development
Factors for value appreciation
- Property condition: Well-maintained modern interior enhances value.
- Local market trends in 2027: Growing demand for luxury coastal properties.
- Property type: Apartments in high-demand urbanization attract investors.
Possible improvements
- Renovate kitchen and bathrooms for modern appeal.
- Add smart home features to increase convenience.
- Enhance outdoor spaces with landscaping or additional furniture.
Description
Discover this stunning modern apartment in the desirable Cancelada area of Spain, offering the perfect blend of luxury, comfort, and convenience. Located in a new urbanization near the prestigious Los Flamingos community, this middle-floor apartment features 2 spacious bedrooms and 2 bathrooms, ideal for families or investors seeking a high-quality property in Spain. The open-plan living room seamlessly connects to an open kitchen, leading to a covered terrace with a south-facing garden that invites abundant sunlight. Situated between San Pedro and Estepona, this property is just minutes from beautiful beaches, vibrant beach bars, and a wide range of local amenities including supermarkets, restaurants, schools, and sports facilities. The renowned Los Flamingos Golf Resort, home to the luxurious Villa Padierna Hotel and three golf courses, is also nearby, appealing to golf enthusiasts. The property includes a garage and storage room for added convenience. This secure urbanization offers exclusive amenities such as an adult swimming pool, a children's pool, and a heated rooftop pool with a lounge area. Surrounded by meticulously landscaped gardens, the community boasts two swimming pools, including a beach-style pool, and a stylish rooftop lounge with Balinese beds, providing panoramic views of Marbella’s La Concha Mountain and the Mediterranean Sea. Whether seeking a primary residence, holiday home, or investment property, this Cancelada apartment in Spain presents an exceptional opportunity to enjoy luxurious living in an idyllic coastal setting.
Location
Nightly rates in the area
Questions? Chat with us!