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House in Cancelada, 3 bedrooms, 145 m² €485.000

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3
Bedrooms
3
Bathrooms
145 m²
Surface area
€
€3345
Price per m²
House
Property type
House in Cancelada, 3 bedrooms, 145 m² - Hoofdafbeelding
House in Cancelada, 3 bedrooms, 145 m² - Afbeelding 1
House in Cancelada, 3 bedrooms, 145 m² - Afbeelding 2
House in Cancelada, 3 bedrooms, 145 m² - Afbeelding 3
+33 photos

Analysis

Price
€485.000
Own investment (30%)
€145.500
Buyer costs
€48.500
Estimated nightly rate
€175,01
Expected occupancy rate
65%
Gross rental p/m
€0000
Mortgage costs
-€905,33
Maintenance costs
-€120,83
Cleaning costs
-€333,33
Platform fees
-€519,01
Municipal taxes
-€115,56
Tax (19%)
-€278,55
Cashflow p.m.
Earned back in
00months

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Nightly Rates

Estimated nightly rate
€175,01
High season
€230
Mid season
€171,08
Low season
€141

Price determining factors

  • Proximity to beaches, shops, and amenities: Enhances desirability and value.
  • Sea views and outdoor space: Highly valued features in coastal properties.
  • Property size and layout: Spacious and modern, appealing to a broad market.
  • Renovation quality: High-quality finishes and modern amenities increase value.

Comparable accommodations

Rate Hotel / apartment Distance

Return & Value appreciation

Annual return

9.79%

5 Year Return

48.95%

10 Year Return

97.90%

ROI Distribution

Value development

Factors for value appreciation

  • Property condition: Well-maintained and recently renovated, which supports value appreciation.
  • Local market trends in 2027: Expected growth in the Costa del Sol region due to tourism and expatriate influx.
  • Property type: Semi-detached houses are popular for families and offer good value.
  • Economic outlook in 2027: Positive, with steady growth in Spain's economy and real estate sector.
  • Demographic developments: Increasing number of retirees and expatriates seeking coastal properties.
  • Infrastructure plans in 2027: Ongoing improvements in transport, healthcare, and amenities in the region.
  • Historical WOZ value trends: Consistent increase over the past decade, indicating rising property values.

Possible improvements

  • Adding a swimming pool to enhance outdoor appeal.
  • Upgrading kitchen and bathrooms with modern fixtures.
  • Landscaping the backyard to create a lush garden or outdoor lounge.
  • Installing solar panels for energy efficiency.
  • Enhancing outdoor living spaces with terraces or patios.

Description

Discover this stunning semi-detached house for sale in Cancelada, Spain, offering spectacular sea views and luxurious amenities. This beautifully renovated property features a spacious entrance with indoor parking and an inviting area perfect for entertaining guests. Spread across three floors, the home includes a modern, fully equipped kitchen ideal for culinary enthusiasts, and a bright, expansive living room that opens to a private backyard. The backyard can be transformed into a lush garden, a relaxing lounge area, or even a pool, making it perfect for outdoor living. The first floor boasts three comfortable bedrooms, including a master with an en-suite bathroom and a terrace overlooking the sea and city views. Additional bedrooms include a second with a view of the urbanization, plus a versatile third room. Upstairs, a cozy study or office space leads to a terrace with breathtaking sea vistas. An expansive basement offers a multitude of uses—cinema room, music studio, or play area—enhancing the property's appeal. Located in a peaceful urbanization near Cancelada, Spain, this residence is just minutes from the beach, shops, supermarkets, and restaurants. Excellent transport links make it ideal for families, couples, or singles seeking a tranquil lifestyle with easy access to amenities and leisure activities. This exceptional Cancelada property combines modern comfort, stunning sea views, and prime location, making it an unbeatable choice for those seeking the perfect home in Spain.

Location

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