Back

Apartment in Cancelada, 2 bedrooms, 91 m² €490.000

2 views

You can view 1 more properties. Log in for unlimited access.

2
Bedrooms
2
Bathrooms
91 m²
Surface area
€
€5385
Price per m²
Apartment
Property type
Apartment in Cancelada, 2 bedrooms, 91 m² - Hoofdafbeelding
Apartment in Cancelada, 2 bedrooms, 91 m² - Afbeelding 1
Apartment in Cancelada, 2 bedrooms, 91 m² - Afbeelding 2
Apartment in Cancelada, 2 bedrooms, 91 m² - Afbeelding 3
+15 photos

Analysis

Price
€490.000
Own investment (30%)
€147.000
Buyer costs
€49.000
Estimated nightly rate
€126,46
Expected occupancy rate
69%
Gross rental p/m
€0000
Mortgage costs
-€914,67
Maintenance costs
-€75,83
Cleaning costs
-€291,67
Platform fees
-€398,11
Municipal taxes
-€116,62
Tax (19%)
-€162,86
Cashflow p.m.
Earned back in

Interested?

Log in now to contact the seller directly

Log in

Nightly Rates

Estimated nightly rate
€126,46
High season
€167
Mid season
€123,92
Low season
€104

Price determining factors

  • Proximity to beaches, golf courses, and amenities.
  • High-quality facilities and security features.
  • Modern interior and exterior design.
  • Potential for rental income due to location and amenities.

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

5.67%

5 Year Return

28.35%

10 Year Return

56.70%

ROI Distribution

Value development

Factors for value appreciation

  • Property condition: Well-maintained modern apartment enhances value.
  • Local market trends in 2027: Growing demand for holiday and rental properties in Costa del Sol.
  • Property type: Apartment in a desirable gated community attracts buyers and renters.
  • Economic outlook in 2027: Positive economic growth in Spain and Europe supports property appreciation.
  • Demographic developments: Increasing expatriate and retiree populations boost demand.
  • Infrastructure plans in 2027: Planned improvements to transport and amenities increase attractiveness.
  • Historical WOZ value trends: Consistent increase in property taxes indicates rising property values.

Possible improvements

  • Upgrade kitchen appliances and fixtures.
  • Add smart home technology for increased appeal.
  • Improve outdoor space with landscaping or furniture.
  • Renovate bathrooms for modern aesthetics.

Description

Discover this stunning 2-bedroom, 2-bathroom apartment for sale in Cancelada, Estepona, Spain — a prime investment in the sought-after Costa del Sol. Perfectly positioned with west-facing orientation, this modern residence offers 91 m² of total space, including a spacious 73 m² interior and an 18 m² terrace ideal for relaxing or entertaining while enjoying scenic pool views. The apartment features a fully fitted kitchen, utility and laundry rooms, and a guest room, catering to comfortable living. Key amenities include air conditioning, central heating, security shutters, double glazing, an alarm system, video entrance, and high-speed Wi-Fi, ensuring year-round comfort and security. Situated within a gated community, residents benefit from a communal swimming pool, lush gardens, a gym, 24-hour security, surveillance cameras, and a lift. The property also offers a private garage with one parking space and is conveniently close to beaches, golf courses, shops, schools, and town centers—ideal for both lifestyle living and rental investment. Embrace the vibrant lifestyle of Cancelada, Spain, with this brand-new apartment offering excellent facilities, proximity to leisure options, and secure, modern comfort in a highly desirable location.

Location

Questions? Chat with us!