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House in Cancelada, 3 bedrooms, 109 m² €494.900

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3
Bedrooms
109 m²
Surface area
€
€4540
Price per m²
House
Property type
House in Cancelada, 3 bedrooms, 109 m² - Hoofdafbeelding
House in Cancelada, 3 bedrooms, 109 m² - Afbeelding 1
House in Cancelada, 3 bedrooms, 109 m² - Afbeelding 2
House in Cancelada, 3 bedrooms, 109 m² - Afbeelding 3
+7 photos

Analysis

Price
€494.900
Own investment (30%)
€148.470
Buyer costs
€49.490
Estimated nightly rate
€169,31
Expected occupancy rate
65%
Gross rental p/m
€0000
Mortgage costs
-€923,81
Maintenance costs
-€90,83
Cleaning costs
-€333,33
Platform fees
-€502,11
Municipal taxes
-€117,67
Tax (19%)
-€262,13
Cashflow p.m.
Earned back in

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Nightly Rates

Estimated nightly rate
€169,31
High season
€221
Mid season
€165,67
Low season
€135

Price determining factors

  • Proximity to beaches, golf courses, and amenities increases desirability.
  • Views of the Mediterranean Sea enhance property value.
  • Modern design and private gardens add premium value.

Comparable accommodations

Rate Hotel / apartment Distance
€175 Chic 3BR Townhouse on the Beach + Pool + Parking 1.3 km
€281,20 Ocean Front Villa w/Private Pool 1.3 km
€294,40 Villa with pool near the beach for families 5.5 km
€382,40 Three bed house with pool 50 metres from the beach 7.3 km
€185 Entire House with Terrace in Marbella 12.1 km
€140,40 TOWNHOUSE Old Town Marbella Large Rooftop Terr! A 15.8 km
€182,40 House in Marbella's Old Town, 100m from the Beach☆ 16.2 km
€421 Calm Villa · Private Infinity Pool 17.1 km
€378,33 Casa Calma ǀ Private Pool ǀ Close to Beach + Golf 19.0 km
€159,80 Lucia's home, beach and mountains. 19.7 km

Return & Value appreciation

Annual return

9.03%

5 Year Return

45.15%

10 Year Return

90.30%

ROI Distribution

Value development

Factors for value appreciation

  • Property condition: Well-maintained modern interiors and amenities suggest a positive impact on value appreciation.
  • Local market trends in 2027: Expected growth in Costa del Sol's real estate due to tourism and expatriate demand.
  • Property type: Luxury apartments and penthouses tend to appreciate faster in high-demand areas.
  • Economic outlook in 2027: Spain's economic recovery and growth prospects support property value increase.
  • Demographic developments: Increasing expatriate and retiree populations boost demand for such properties.
  • Infrastructure plans in 2027: Planned improvements in transport and amenities will likely enhance property values.
  • Historical WOZ value trends: Consistent increase in property taxes indicates rising property values.

Possible improvements

  • Adding a swimming pool or upgrading the kitchen and bathrooms.
  • Enhancing outdoor living spaces with better landscaping.
  • Installing smart home technology for added convenience.

Description

Discover luxurious new homes in Cancelada, Spain, a highly sought-after area on the Costa del Sol. This exclusive development offers spacious 3-bedroom properties with stunning terraces, private gardens, and panoramic Mediterranean Sea views. Perfectly situated in Cancelada, these modern residences blend elegance and comfort, making them ideal for enjoying the vibrant Costa del Sol lifestyle. The complex features 82 meticulously designed homes, including charming duplexes with 2 and 3 bedrooms, and exclusive penthouses with private solariums. Each property comes with a secure garage and storage room for added convenience. Residents can indulge in premium amenities such as a sparkling swimming pool, a fully equipped indoor gym, outdoor sports facilities, petanque courts, and access to the elegant Cancelada Club House. With living spaces ranging from 109m² to 131m², these homes provide ample room to relax and entertain while soaking in breathtaking sea vistas. Cancelada, Spain, is renowned for its peaceful residential ambiance, proximity to pristine beaches, golf courses, and vibrant local amenities. Its excellent infrastructure and transport links make it easy to explore Spain’s rich culture and enjoy the Mediterranean climate year-round. Investing in property in Cancelada means embracing a sophisticated, sun-soaked lifestyle on the Costa del Sol, perfect for both permanent living and holiday retreats.

Location

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