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2
Bedrooms
1
Bathrooms
80 m²
Surface area
€
€4120
Price per m²
Apartment
Property type
+10 photos
Analysis
Price
€329.600
Own investment (30%)
€98.880
30% down payment of purchase price
Buyer costs
€32.960
Buyer costs: 10% of purchase price
Estimated nightly rate
€108,33
Expected occupancy rate
71%
Gross rental p/m
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€0000
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Mortgage costs
-€615,25
This is the monthly interest you pay for the mortgage(3.2%interest)
Maintenance costs
-€66,67
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
-€350,92
15% commission based on average fees from Booking.com and Airbnb
Municipal taxes
-€82,54
Municipal taxes for Cancelada
Tax
(19%)
-€177,16
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
€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
Similar properties in Cancelada
Nightly rates in the area
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