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Apartment in Cancelada, 2 bedrooms, 116 m² €495.000

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2
Bedrooms
2
Bathrooms
116 m²
Surface area
€
€4267
Price per m²
Apartment
Property type
Apartment in Cancelada, 2 bedrooms, 116 m² - Hoofdafbeelding
Apartment in Cancelada, 2 bedrooms, 116 m² - Afbeelding 1
Apartment in Cancelada, 2 bedrooms, 116 m² - Afbeelding 2
Apartment in Cancelada, 2 bedrooms, 116 m² - Afbeelding 3
+8 photos

Analysis

Price
€495.000
Own investment (30%)
€148.500
Buyer costs
€49.500
Estimated nightly rate
€126,46
Expected occupancy rate
69%
Gross rental p/m
€0000
Mortgage costs
-€924
Maintenance costs
-€96,67
Cleaning costs
-€291,67
Platform fees
-€398,11
Municipal taxes
-€117,69
Tax (19%)
-€156,93
Cashflow p.m.
Earned back in

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Nightly Rates

Estimated nightly rate
€126,46
High season
€167
Mid season
€123,92
Low season
€104

Price determining factors

  • Property condition: Upgrades can increase appeal.
  • Local market trends in 2027: Market appreciation driven by tourism and expatriate influx.
  • Property type: Apartments tend to appreciate steadily in desirable locations.
  • Economic outlook in 2027: Economic stability supports property appreciation.
  • Demographic developments: Growth in population and tourism boosts demand.
  • Infrastructure plans in 2027: Enhanced connectivity and amenities increase property value.
  • Historical WOZ value trends: Consistent increase in property valuation over recent years.

Comparable accommodations

Rate Hotel / apartment Distance
€275,20 Casa Tetuan in old town Marbella, a manicured home 16.0 km
€186,80 Unique place with roof terrace in Old town 16.0 km
€118 Villacana Villa-holiday by the beach 0.9 km
€139,40 Townhouse – 3 floors Close to the beach! 2.0 km
€125,60 Modern Townhouse, roof terrace in Estepona OldTown 8.9 km
€139 Casa Relajante - big summer garden 10.7 km
€286,80 Beachfront BohoChic II Pool+DirectBeach+Parking 12.5 km
€131,40 House 5 minutes from the beach, Puerto Banús and 5 golf courses 8.4 km
€108,40 Marbella Townhouse near Top Golf Courses 9.8 km
€161,60 Luxury Oasis at Alcazaba Lagoon 16.2 km

Return & Value appreciation

Annual return

5.41%

5 Year Return

27.05%

10 Year Return

54.10%

ROI Distribution

Value development

Factors for value appreciation

  • Property condition: Well-maintained modern interiors enhance value.
  • Local market trends in 2027: Growing demand for holiday and second homes in Costa del Sol.
  • Property type: Apartments in high-demand tourist and residential area.
  • Economic outlook in 2027: Positive economic growth in Spain and Europe.
  • Demographic developments: Increasing expatriate and retiree populations.
  • Infrastructure plans in 2027: Continued improvements in transportation and amenities.

Possible improvements

  • Renovate kitchen and bathrooms for modern appeal.
  • Upgrade flooring and fixtures to premium materials.
  • Enhance outdoor space with landscaping or a terrace upgrade.
  • Add smart home features for convenience and security.
  • Improve energy efficiency with new windows or insulation.

Description

Discover this luxurious and spacious apartment in the desirable area of Cancelada, Spain, offering an exceptional opportunity to experience the best of Costa del Sol living. Perfectly situated between Estepona and Marbella, this elegant residence is just a 5-minute drive from the renowned Hotel Anantara Villa Padierna and the prestigious Flamingos Golf Course, making it ideal for golf enthusiasts and travelers alike. This modern Cancelada apartment features an open-concept layout with two generously sized bedrooms, including a master suite, and two stylish bathrooms. The seamless connection between the contemporary kitchen and the living area leads to a large terrace, perfect for entertaining or relaxing while enjoying picturesque views of the lush gardens and communal areas. Residents benefit from access to a beautiful communal pool and an exclusive rooftop swimming pool with panoramic vistas of the sea and mountains, creating a tranquil setting for leisure and social gatherings. The property also includes a dedicated parking space and an ample storage room, enhancing convenience. This exceptional Cancelada property combines comfort, elegance, and prime location, making it an ideal investment or family home in Costa del Sol. Whether you’re seeking a permanent residence or a holiday retreat, this apartment offers the perfect blend of modern living and natural beauty in one of Spain’s most sought-after regions.

Location

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