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3
Bedrooms
3
Bathrooms
122 m²
Surface area
€
€3164
Price per m²
Apartment
Property type
+13 photos
Analysis
Price
€386.000
Own investment (30%)
€115.800
30% down payment of purchase price
Buyer costs
€38.600
Buyer costs: 10% of purchase price
Estimated nightly rate
€174,02
Expected occupancy rate
65%
Gross rental p/m
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€0000
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Mortgage costs
-€720,53
This is the monthly interest you pay for the mortgage(3.2%interest)
Maintenance costs
-€101,67
{% 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
-€333,33
Annual cleaning costs:€4000 (€333.33/month).Based on number of bedrooms.
Platform fees
-€516,08
{% trans '15% commission based on average fees from Booking.com
and Airbnb' %}
Municipal taxes
-€94,52
Municipal taxes for Cancelada
Tax
(19%)
-€318,13
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
€174,02
High season
€228
Mid season
€170,25
Low season
€139
Price determining factors
- Location along Costa del Sol, a popular tourist and expatriate destination.
- Proximity to amenities, beaches, and the Santa Vista Club.
- Modern finishes and sustainable features.
- High-quality communal facilities and amenities.
- Potential for rental income from tourism and long-term rentals.
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
14.05%
5 Year Return
70.25%
10 Year Return
140.50%
ROI Distribution
Value development
Factors for value appreciation
- Property condition: Modern and well-maintained, appealing to buyers and renters.
- Local market trends in 2027: Expected growth in Costa del Sol's real estate market due to tourism and expatriate influx.
- Property type: High-demand luxury apartments with amenities.
- Economic outlook in 2027: Positive, with growth in tourism and real estate sectors.
- Demographic developments: Increasing expatriate and retiree populations seeking luxury accommodations.
- Infrastructure plans in 2027: Improved transportation and amenities enhancing property value.
- Historical WOZ value trends: Steady increase in property taxes indicating rising property values.
Possible improvements
- Upgrade interior finishes and appliances to premium brands.
- Add smart home features for increased convenience.
- Enhance outdoor spaces with landscaping or additional features.
- Implement energy-efficient upgrades to reduce utility costs.
- Renovate bathrooms and kitchens for a more luxurious feel.
Description
Discover luxurious 2 and 3-bedroom homes in Cancelada, Spain, nestled along the prestigious Costa del Sol. These modern, southwest-facing properties on the Estepona Golden Mile boast spacious terraces, contemporary finishes, and a commitment to sustainability with the DOMUM seal. Priced from €386,000 to €444,000, each residence offers open-plan living with large terraces perfect for enjoying the Mediterranean sun. Residents enjoy exclusive access to the Santa Vista Club, featuring resort-style amenities such as an outdoor pool, gym, coworking spaces, sports facilities, petanque courts, and scenic cycling paths, making this an ideal investment in Cancelada, Spain.
Location
Nightly rates in the area
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