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Apartment in Cancelada, 3 bedrooms, 124 m² €441.000

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3
Bedrooms
124 m²
Surface area
€3556
Price per m²
Apartment
Property type
Apartment in Cancelada, 3 bedrooms, 124 m² - Hoofdafbeelding
Apartment in Cancelada, 3 bedrooms, 124 m² - Afbeelding 1
Apartment in Cancelada, 3 bedrooms, 124 m² - Afbeelding 2
Apartment in Cancelada, 3 bedrooms, 124 m² - Afbeelding 3
+15 photos

Analysis

Price
€441.000
Own investment (30%)
€132.300
Buyer costs
€44.100
Estimated nightly rate
€169,31
Expected occupancy rate
65%
Gross rental p/m
€0000
Mortgage costs
-€823,20
Maintenance costs
-€103,33
Cleaning costs
-€333,33
Platform fees
-€502,11
Municipal taxes
-€106,21
Tax (19%)
-€281,05
Cashflow p.m.
Earned back in

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Nightly Rates

Estimated nightly rate
€169,31
High season
€221
Mid season
€165,67
Low season
€135

Price determining factors

  • Economic outlook in 2027: Positive, with growth in Spain's economy and real estate sector.
  • Demographic developments: Increasing expatriate and retiree populations boost demand.
  • Infrastructure plans in 2027: New transport links and amenities improve accessibility and attractiveness.
  • Historical WOZ value trends: Consistent increase indicating rising property values.

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

8.15%

5 Year Return

40.75%

10 Year Return

81.50%

ROI Distribution

Value development

Factors for value appreciation

  • Property condition: Well-maintained with modern finishes enhances value.
  • Local market trends in 2027: Expected growth due to tourism and expatriate demand.
  • Property type: Luxury apartments tend to appreciate steadily in desirable locations.

Possible improvements

  • Renovate interiors with high-end finishes.
  • Add smart home features for modern appeal.
  • Improve outdoor spaces and terraces.
  • Upgrade communal amenities for added luxury.

Description

Experience luxurious living in Cancelada, Spain, with these exclusive new developments nestled in the heart of Costa del Sol's New Golden Mile. Priced from €434,000 to €461,000, these modern 3-bedroom, 2-bathroom properties offer a perfect blend of elegance, comfort, and investment potential. Spanning 121m2 to 132m2, each home features premium finishes, fitted wardrobes, private terraces, and climate-controlled air conditioning, making them ideal for year-round comfort. Residents enjoy access to a stunning communal swimming pool, beautifully landscaped gardens, a fully equipped indoor gym, outdoor sports facilities, a zen relaxation zone, and a welcoming Club House—creating an exceptional lifestyle experience.

Location

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