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3
Bedrooms
124 m²
Surface area
€
€3556
Price per m²
Apartment
Property type
+15 photos
Analysis
Price
€441.000
Own investment (30%)
€132.300
30% down payment of purchase price
Buyer costs
€44.100
Buyer costs: 10% of purchase price
Estimated nightly rate
€169,31
Expected occupancy rate
65%
Gross rental p/m
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€0000
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Mortgage costs
-€823,20
This is the monthly interest you pay for the mortgage(3.2%interest)
Maintenance costs
-€103,33
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
-€502,11
15% commission based on average fees from Booking.com and Airbnb
Municipal taxes
-€106,21
Municipal taxes for Cancelada
Tax
(19%)
-€281,05
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
€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
Similar properties in Cancelada
Nightly rates in the area
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