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Apartment in Cancelada, 2 bedrooms, 80 m² €329.600

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2
Bedrooms
1
Bathrooms
80 m²
Surface area
€4120
Price per m²
Apartment
Property type
Apartment in Cancelada, 2 bedrooms, 80 m² - Hoofdafbeelding
Apartment in Cancelada, 2 bedrooms, 80 m² - Afbeelding 1
Apartment in Cancelada, 2 bedrooms, 80 m² - Afbeelding 2
Apartment in Cancelada, 2 bedrooms, 80 m² - Afbeelding 3
+10 photos

Analysis

Price
€329.600
Own investment (30%)
€98.880
Buyer costs
€32.960
Estimated nightly rate
€108,33
Expected occupancy rate
71%
Gross rental p/m
€0000
Mortgage costs
-€615,25
Maintenance costs
-€66,67
Cleaning costs
-€291,67
Platform fees
-€350,92
Municipal taxes
-€82,54
Tax (19%)
-€177,16
Cashflow p.m.
Earned back in

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Nightly Rates

Estimated nightly rate
€108,33
High season
€140
Mid season
€106,50
Low season
€87

Price determining factors

  • Proximity to beaches and key locations along Costa del Sol.
  • Luxury features including large terrace, parking, and modern amenities.
  • High demand for properties in Cancelada and surrounding areas.
  • Limited supply of similar high-end penthouses in the vicinity.

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

6.87%

5 Year Return

34.35%

10 Year Return

68.70%

ROI Distribution

Value development

Factors for value appreciation

  • Property condition: Well-maintained, modern features, new construction status.
  • Local market trends in 2027: Expected growth due to increasing tourism and foreign investment.
  • Property type: High-demand penthouse with outdoor terrace and scenic views.
  • Economic outlook in 2027: Positive, with steady growth in Spain's economy and tourism sector.
  • Demographic developments: Growing expatriate community and young professionals seeking luxury living.
  • Infrastructure plans in 2027: Planned improvements in transportation, amenities, and connectivity.
  • Historical WOZ value trends: Consistent increase reflecting property appreciation and urban development.

Possible improvements

  • Upgrade kitchen appliances and finishes.
  • Add smart home automation features.
  • Enhance outdoor terrace with landscaping or outdoor furniture.
  • Improve energy efficiency with solar panels or upgraded insulation.

Description

Discover this exquisite penthouse for sale in Cancelada, Spain, perfect for those seeking the ultimate Costa del Sol lifestyle. This luxurious Cancelada penthouse boasts a generous 80 m² terrace with open views, ideal for outdoor entertaining, sunbathing, and enjoying spectacular sunsets. Situated just a short 10-minute walk from the beach and with quick access to the A-7 highway, this property offers exceptional connectivity to Estepona, Puerto Banús, and other key locations along the Costa del Sol. The modern Cancelada penthouse features 80 m² of built space, including two bright bedrooms with direct terrace access, a spacious living room filled with natural light, a fully fitted kitchen, and a contemporary bathroom. Its northeast orientation ensures abundant sunlight and excellent ventilation throughout the day. Located on the second floor of a lift-equipped building, this brand-new property is in pristine condition and includes two parking spaces—highly valued in the area—and pre-installed air conditioning. Residing in the heart of Cancelada, the property provides convenient access to supermarkets, restaurants, schools, sports facilities, and public transport, making it an ideal investment or permanent residence. Don’t miss this rare opportunity to own a luxury penthouse in Cancelada, Spain, with a large outdoor terrace, open scenic views, and a strategic location between the sea and Costa del Sol’s main hubs.

Location

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