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3
Bedrooms
2
Bathrooms
109 m²
Surface area
€
€4540
Price per m²
Apartment
Property type
+7 photos
Analysis
Price
€494.900
Own investment (30%)
€148.470
30% down payment of purchase price
Buyer costs
€49.490
Buyer costs: 10% of purchase price
Estimated nightly rate
€164,03
Expected occupancy rate
66%
Gross rental p/m
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€0000
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Mortgage costs
-€923,81
This is the monthly interest you pay for the mortgage(3.2%interest)
Maintenance costs
-€90,83
{% 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
-€333,33
Annual cleaning costs:€4000 (€333.33/month).Based on number of bedrooms.
Platform fees
-€493,94
{% trans '15% commission based on average fees from Booking.com
and Airbnb' %}
Municipal taxes
-€117,67
Municipal taxes for Cancelada
Tax
(19%)
-€253,33
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
€164,03
High season
€220
Mid season
€160,58
Low season
€130
Price determining factors
- Proximity to beaches, golf courses, and amenities increases desirability.
- Sea views and private terraces add premium value.
- Development amenities like pools, gyms, and clubhouses enhance attractiveness.
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
8.73%
5 Year Return
43.65%
10 Year Return
87.30%
ROI Distribution
Value development
Factors for value appreciation
- Property condition: Well-maintained modern apartments with high-quality finishes are likely to appreciate steadily.
- Local market trends in 2027: Continued demand for luxury properties in Costa del Sol, driven by tourism and expatriate interest.
- Property type: Apartments in a high-end development tend to have stable appreciation due to amenities and location.
- Economic outlook in 2027: Positive economic growth in Spain and Europe, supporting real estate investments.
- Demographic developments: Increasing expatriate population and retirees seeking luxury living in Spain.
- Infrastructure plans in 2027: Ongoing improvements in transportation, roads, and local amenities enhance property appeal.
- Historical WOZ value trends: Consistent increase in property values and local taxes in the area, indicating rising demand.
Possible improvements
- Adding smart home features for modern convenience.
- Upgrading interior finishes or appliances.
- Enhancing outdoor spaces with landscaping or additional features.
- Implementing energy-efficient systems to reduce utility costs.
Description
Discover luxurious new apartments in Cancelada, Spain, with prices ranging from €494,900 to €569,900. These premium 3-bedroom homes, featuring 2 to 4 bathrooms and spacious interiors from 109m2 to 131m2, are part of an exclusive development in one of Estepona's most sought-after areas on the New Golden Mile. Situated in Cancelada, these modern residences offer stunning sea views from most units, complemented by private terraces and gardens. Each property includes a dedicated garage and storage room, ensuring convenience and comfort.
This prestigious residential complex boasts a range of amenities designed for a vibrant and relaxed lifestyle. Residents can enjoy a refreshing swimming pool perfect for basking in the Costa del Sol’s over 320 days of sunshine, an indoor gym, outdoor sports facilities, petanque courts, and access to the exclusive Cancelada Club House. Whether you’re seeking a permanent residence or a holiday retreat, these properties in Cancelada, Spain, offer the ideal combination of luxury, location, and lifestyle.
Located in the desirable Cancelada area of Spain, these new development apartments provide excellent investment opportunities and a high quality of life. Experience the best of Costa del Sol living with proximity to beautiful beaches, golf courses, and vibrant local amenities. Don’t miss your chance to own a piece of this exclusive community in Cancelada, Spain.
Location
Nightly rates in the area
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