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2
Bedrooms
2
Bathrooms
91 m²
Surface area
€
€5385
Price per m²
Apartment
Property type
+15 photos
Analysis
Price
€490.000
Own investment (30%)
€147.000
30% down payment of purchase price
Buyer costs
€49.000
Buyer costs: 10% of purchase price
Estimated nightly rate
€126,46
Expected occupancy rate
69%
Gross rental p/m
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€0000
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Mortgage costs
-€914,67
This is the monthly interest you pay for the mortgage(3.2%interest)
Maintenance costs
-€75,83
{% trans '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
-€398,11
{% trans '15% commission based on average fees from Booking.com
and Airbnb' %}
Municipal taxes
-€116,62
Municipal taxes for Cancelada
Tax
(19%)
-€162,86
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
€126,46
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
Nightly rates in the area
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