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3
Bedrooms
2
Bathrooms
122 m²
Surface area
€
€3164
Price per m²
Apartment
Property type
+13 photos
Analysis
Price
€386.000
Own investment (30%)
€115.800
30% down payment of purchase price
Buyer costs
€38.600
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
-€720,53
This is the monthly interest you pay for the mortgage(3.2%interest)
Maintenance costs
-€101,67
{% 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
-€94,52
Municipal taxes for Cancelada
Tax
(19%)
-€294,29
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
- Location within Cancelada and proximity to golf courses.
- Quality of amenities and finishes.
- Sustainable design and eco-friendly features.
- Views and outdoor space, such as large terraces.
Comparable accommodations
| Rate | Hotel / apartment | Distance |
|---|
Return & Value appreciation
Annual return
13.00%
5 Year Return
65.00%
10 Year Return
130.00%
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: Apartments in high-demand luxury developments.
- Economic outlook in 2027: Positive economic growth in Spain and Europe.
- Demographic developments: Increasing interest from international buyers and retirees.
- Infrastructure plans in 2027: Improved transportation and amenities in Costa del Sol.
- Historical WOZ value trends: Steady increase reflecting property appreciation.
Possible improvements
- Upgrade interior finishes for higher appeal.
- Add smart home technology.
- Enhance outdoor spaces with landscaping or additional features.
- Improve energy efficiency with solar panels or better insulation.
Description
Discover luxurious new development homes in Cancelada, Spain, with prices starting from €386,000 to €444,000. These exclusive multi-family residences feature 3 bedrooms and 2 bathrooms, offering spacious living with a built area ranging from 122m2 to 128m2. Nestled along the prestigious Golden Mile of Estepona, these modern homes boast large southwest-facing terraces, perfect for enjoying the Mediterranean climate. The development combines high-quality finishes, expansive interior and exterior spaces, and sustainable design, proudly bearing the DOMUM seal of excellence. Residents will enjoy exceptional amenities, including an outdoor swimming pool, coworking areas, fully equipped gym, sports facilities, petanque courts, and cycling paths. Additionally, owners gain access to the exclusive Santa Vista Club, offering a wide range of leisure facilities and premium services. Located within walking distance to the charming village of Cancelada and near several renowned golf courses, this property combines convenience with luxury. Perfect for those seeking a stylish, sustainable lifestyle in the heart of Costa del Sol, these homes in Cancelada, Spain, represent a prime opportunity for investors and homeowners alike to enjoy the best of Andalusian living.
Location
Nightly rates in the area
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