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3
Bedrooms
2
Bathrooms
100 m²
Surface area
€
€4490
Price per m²
Apartment
Property type
+21 photos
Analysis
Price
€449.000
Own investment (30%)
€134.700
30% down payment of purchase price
Buyer costs
€44.900
Buyer costs: 10% of purchase price
Estimated nightly rate
€164,03
Expected occupancy rate
66%
Gross rental p/m
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€0000
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Mortgage costs
-€838,13
This is the monthly interest you pay for the mortgage(3.2%interest)
Maintenance costs
-€83,33
{% 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
-€333,33
Annual cleaning costs:€4000 (€333.33/month).Based on number of bedrooms.
Platform fees
-€493,94
{% trans '15% commission based on average fees from Booking.com
and Airbnb' %}
Municipal taxes
-€107,91
Municipal taxes for Cancelada
Tax
(19%)
-€272,89
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
€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
Nightly rates in the area
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