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Apartment in Cancelada, 3 bedrooms, 100 m² €449.000

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3
Bedrooms
2
Bathrooms
100 m²
Surface area
€
€4490
Price per m²
Apartment
Property type
Apartment in Cancelada, 3 bedrooms, 100 m² - Hoofdafbeelding
Apartment in Cancelada, 3 bedrooms, 100 m² - Afbeelding 1
Apartment in Cancelada, 3 bedrooms, 100 m² - Afbeelding 2
Apartment in Cancelada, 3 bedrooms, 100 m² - Afbeelding 3
+21 photos

Analysis

Price
€449.000
Own investment (30%)
€134.700
Buyer costs
€44.900
Estimated nightly rate
€164,03
Expected occupancy rate
66%
Gross rental p/m
€0000
Mortgage costs
-€838,13
Maintenance costs
-€83,33
Cleaning costs
-€333,33
Platform fees
-€493,94
Municipal taxes
-€107,91
Tax (19%)
-€272,89
Cashflow p.m.
Earned back in

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Nightly Rates

Estimated nightly rate
€164,03
High season
€220
Mid season
€160,58
Low season
€130

Price determining factors

  • Proximity to beaches, golf courses, and amenities increases desirability.
  • Modern features and outdoor space add value.
  • Well-maintained communal areas enhance appeal.

Comparable accommodations

Rate Hotel / apartment Distance
€378,33 Casa Calma ǀ Private Pool ǀ Close to Beach + Golf 19.0 km
€185 Entire House with Terrace in Marbella 12.1 km
€382,40 Three bed house with pool 50 metres from the beach 7.3 km
€175 Chic 3BR Townhouse on the Beach + Pool + Parking 1.3 km
€140,40 TOWNHOUSE Old Town Marbella Large Rooftop Terr! A 15.8 km
€281,20 Ocean Front Villa w/Private Pool 1.3 km
€421 Calm Villa · Private Infinity Pool 17.1 km
€159,80 Lucia's home, beach and mountains. 19.7 km
€294,40 Villa with pool near the beach for families 5.5 km
€182,40 House in Marbella's Old Town, 100m from the Beach☆ 16.2 km

Return & Value appreciation

Annual return

10.36%

5 Year Return

51.80%

10 Year Return

103.60%

ROI Distribution

Value development

Factors for value appreciation

  • Property condition: Well-maintained properties tend to appreciate more, especially if updated regularly.
  • Local market trends in 2027: Growing demand for Costa del Sol properties due to tourism and expatriate influx.
  • Property type: Apartments in desirable locations like Cancelada are likely to see steady appreciation.
  • Economic outlook in 2027: Positive economic growth in Spain and Europe supports real estate appreciation.
  • Demographic developments: Increasing expatriate and retiree populations boost demand.
  • Infrastructure plans in 2027: Planned improvements in transportation and amenities enhance property values.
  • Historical WOZ value trends: Consistent increase in property taxes indicates rising property values.

Possible improvements

  • Renovate the interior to modern standards.
  • Upgrade kitchen and bathrooms.
  • Enhance outdoor space with landscaping or additional features.
  • Install energy-efficient systems to reduce utility costs.

Description

Discover this stunning ground floor apartment in Cancelada, Spain, offering an exceptional opportunity to enjoy Costa del Sol living. Perfectly situated just a 5-minute walk from the beach, this spacious 3-bedroom, 2-bathroom property combines modern comfort with outdoor leisure. The south-facing orientation ensures abundant sunlight throughout the day, complemented by a large 28 m² private terrace ideal for relaxation and entertaining. Inside, the apartment features a contemporary kitchen with high-quality appliances, marble flooring, and double-glazed windows for enhanced comfort. Additional amenities include fitted wardrobes, a utility room, and a storage space, providing practicality and organization. The property is part of a well-maintained urbanisation that offers access to communal pools and lush gardens, creating a peaceful setting for permanent residence, holiday retreat, or investment. Included in the price is underground private parking for convenience. Located near golf courses, shops, schools, and local amenities, this Cancelada apartment provides the ultimate Costa del Sol lifestyle. Whether seeking a full-time home or a holiday investment, this property is a rare find in Cancelada, Spain, combining location, comfort, and style in one appealing package.

Location

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