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2
Bedrooms
2
Bathrooms
116 m²
Surface area
€
€4267
Price per m²
Apartment
Property type
+8 photos
Analysis
Price
€495.000
Own investment (30%)
€148.500
30% down payment of purchase price
Buyer costs
€49.500
Buyer costs: 10% of purchase price
Estimated nightly rate
€126,46
Expected occupancy rate
69%
Gross rental p/m
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€0000
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Mortgage costs
-€924
This is the monthly interest you pay for the mortgage(3.2%interest)
Maintenance costs
-€96,67
{% 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
-€291,67
Annual cleaning costs:€3500 (€291.67/month).Based on number of bedrooms.
Platform fees
-€398,11
{% trans '15% commission based on average fees from Booking.com
and Airbnb' %}
Municipal taxes
-€117,69
Municipal taxes for Cancelada
Tax
(19%)
-€156,93
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
€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
Nightly rates in the area
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