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Apartment in Cancelada, 2 bedrooms, 144 m² €540.000

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2
Bedrooms
2
Bathrooms
144 m²
Surface area
€3750
Price per m²
Apartment
Property type
Apartment in Cancelada, 2 bedrooms, 144 m² - Hoofdafbeelding
Apartment in Cancelada, 2 bedrooms, 144 m² - Afbeelding 1
Apartment in Cancelada, 2 bedrooms, 144 m² - Afbeelding 2
Apartment in Cancelada, 2 bedrooms, 144 m² - Afbeelding 3
+6 photos

Analysis

Price
€540.000
Own investment (30%)
€162.000
Buyer costs
€54.000
Estimated nightly rate
€126,61
Expected occupancy rate
69%
Gross rental p/m
€0000
Mortgage costs
-€1.008
Maintenance costs
-€120
Cleaning costs
-€291,67
Platform fees
-€398,58
Municipal taxes
-€127,25
Tax (19%)
-€135,23
Cashflow p.m.
Earned back in

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Nightly Rates

Estimated nightly rate
€126,61
High season
€167
Mid season
€123,92
Low season
€103

Price determining factors

  • Proximity to beaches and amenities
  • Shared community facilities
  • Property features and condition
  • Market demand for luxury apartments in Cancelada
  • Local development projects

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

3.20%

5 Year Return

16.00%

10 Year Return

32.00%

ROI Distribution

Value development

Factors for value appreciation

  • Property condition
  • Local market trends in 2027
  • Property type
  • Economic outlook in 2027
  • Demographic developments
  • Infrastructure plans in 2027
  • Historical WOZ value trends

Possible improvements

  • Renovate kitchen and bathrooms for modern appeal
  • Upgrade air conditioning systems
  • Enhance outdoor living spaces with landscaping
  • Add smart home features
  • Improve energy efficiency with insulation and windows

Description

Discover this stunning property in the prestigious gated community of Miradores del Sol, located in the desirable area of Cancelada, Spain. Perfectly positioned just minutes from the beautiful beaches, vibrant shops, exquisite restaurants, and all essential amenities, this residence offers an ideal blend of comfort and convenience in Cancelada. The spacious and thoughtfully designed living area features an open-plan lounge and dining space with direct access to a private terrace and lush garden, perfect for outdoor entertaining. The property includes a master bedroom with an en-suite bathroom, a guest bedroom, and a second guest bathroom, providing ample space for family or guests. The fully equipped kitchen, complemented by a separate laundry area and a private rear patio, enhances the home's practicality. From the garden, enjoy direct access to the well-maintained communal gardens and facilities. Residents of this Cancelada property benefit from exceptional shared amenities such as a large swimming pool, two jacuzzis, and a children’s playground, all nestled within beautifully landscaped grounds. Additional features include hot and cold air conditioning, private parking for three vehicles, and a storage room, ensuring year-round comfort. This property in Cancelada, Spain, represents a fantastic opportunity for those seeking a luxurious lifestyle in a prime location on the Costa del Sol.

Location

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