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2
Bedrooms
2
Bathrooms
144 m²
Surface area
€
€3750
Price per m²
Apartment
Property type
+6 photos
Analysis
Price
€540.000
Own investment (30%)
€162.000
30% down payment of purchase price
Buyer costs
€54.000
Buyer costs: 10% of purchase price
Estimated nightly rate
€126,61
Expected occupancy rate
69%
Gross rental p/m
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€0000
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Mortgage costs
-€1.008
This is the monthly interest you pay for the mortgage(3.2%interest)
Maintenance costs
-€120
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
-€127,25
Municipal taxes for Cancelada
Tax
(19%)
-€135,23
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.
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Log inNightly 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
Similar properties in Cancelada
Nightly rates in the area
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