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Apartment in Cancelada, 3 bedrooms, 100 m² €650.000

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3
Bedrooms
3
Bathrooms
100 m²
Surface area
€6500
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
+26 photos

Analysis

Price
€650.000
Own investment (30%)
€195.000
Buyer costs
€65.000
Estimated nightly rate
€174,27
Expected occupancy rate
65%
Gross rental p/m
€0000
Mortgage costs
-€1.213,33
Maintenance costs
-€83,33
Cleaning costs
-€333,33
Platform fees
-€516,82
Municipal taxes
-€150,62
Tax (19%)
-€218,13
Cashflow p.m.
Earned back in

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Nightly Rates

Estimated nightly rate
€174,27
High season
€232
Mid season
€170,33
Low season
€140

Price determining factors

  • Location in Cancelada, close to beaches and amenities.
  • Luxury Scandinavian design appealing to high-end buyers.
  • Views and outdoor spaces, including rooftop terrace.
  • Community features like pool and landscaped gardens.

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

4.29%

5 Year Return

21.45%

10 Year Return

42.90%

ROI Distribution

Value development

Factors for value appreciation

  • Property condition: Well-maintained, modern finishes enhance value.
  • Local market trends in 2027: Growing demand for luxury properties in Costa del Sol.
  • Property type: High-end penthouse with premium features.
  • Economic outlook in 2027: Stable with positive growth prospects for Spain.
  • Demographic developments: Increasing number of affluent retirees and expatriates.
  • Infrastructure plans in 2027: Continued improvements in transportation and amenities.
  • Historical WOZ value trends: Consistent appreciation reflecting property value growth.

Possible improvements

  • Adding smart home technology for modern convenience.
  • Upgrading kitchen appliances and fixtures.
  • Enhancing outdoor spaces with additional landscaping or furniture.
  • Implementing energy-efficient systems to reduce utility costs.

Description

Discover this stunning Scandinavian-style penthouse in Cancelada, Spain, a modern luxury residence completed in 2025. This newly built, 3-bedroom penthouse offers a perfect blend of contemporary design, high-end finishes, and functional living spaces, making it an ideal choice for families, couples, or investors seeking a premium property in the Costa del Sol. The bright, open-plan living area seamlessly connects to a spacious south-facing terrace with partial sea views and beautifully maintained gardens, providing an inviting space for relaxation and outdoor dining. The fully equipped kitchen features modern appliances, perfect for everyday living. The master suite boasts an en-suite bathroom and private terrace access, while the additional bedrooms are spacious, with built-in wardrobes and en-suite options. The rooftop terrace offers panoramic views and a tranquil setting for sunset drinks or evening gatherings. Located in the peaceful, gated community of Cancelada, this property combines privacy, security, and serenity with close proximity to beaches, supermarkets, cafes, and restaurants—just a short walk away. Major destinations like Marbella and Estepona are within 15 minutes by car, with Malaga Airport just 45 minutes distant. Key features include a private underground garage, communal pool, landscaped gardens, air conditioning, and elevator access. This exceptional Cancelada penthouse presents a lucrative investment opportunity or a luxurious permanent residence on the Costa del Sol, offering unparalleled lifestyle and comfort.

Location

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