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1
Bedrooms
1
Bathrooms
63 m²
Surface area
€
€3510
Price per m²
Apartment
Property type
Analysis
Price
€221.145
Own investment (30%)
€66.343,50
30% down
payment of purchase price
Buyer costs (10%)
€22.114,50
10% of purchase price
Estimated nightly rate
€90,42
Expected occupancy rate
69%
Gross rental p/m
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€0000
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Mortgage interest rate (%)
Monthly mortgage = interest on the loan + linear repayment per year. Changing the term updates the annual repayment automatically.
Mortgage term (years)
Repayment (per year)
€
Total mortgage costs
-€412,80
Maintenance costs
-€52,50
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
-€284,65
15% commission based on average fees from Booking.com and Airbnb
Municipal taxes
-€59,71
Municipal taxes for Cancelada
Tax
(19%)
-€151,31
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.
* Indicative calculation based on a linear mortgage.
Nightly Rates
Estimated nightly rate
€90,42
High season
€111
Mid season
€88,75
Low season
€75
Price determining factors
- Property condition: New and modern, appealing to buyers and renters.
- Local market trends in 2027: Increasing demand for coastal properties.
- Property type: Apartments in a sought-after location command higher prices.
Comparable accommodations
All comparable accommodations and their nightly rates are retrieved from booking platforms.
| Rate | Hotel / apartment | Distance |
|---|---|---|
| €80 | "The Bridge" Los Monteros | 21.0 km |
| €120,20 | Charming retreat with sunny terrace | 15.9 km |
| €122,20 | Bonita Casa Cuca | 15.9 km |
| €62,80 | "La Parra", rural tourism. Your home in paradise. | 23.8 km |
| €55 | Casa El Olivo Benalauría by CasaTuristica. | 23.8 km |
| €62,80 | Hamamas, a home in the heart of the Genal. | 25.1 km |
| €108,80 | An ideal country house for couples to get away. | 25.2 km |
| €157,60 | Beautiful Wooden Cabin with exclusive use of pool | 27.5 km |
| €141,60 | Cottage in beautiful area with use of pool | 7.8 km |
| €102,80 | Cabins among chestnut trees: Mirlo Blanco | 19.3 km |
Return & Value appreciation
Annual return
8.75%
5 Year Return
43.75%
10 Year Return
87.50%
ROI Distribution
Value development
Factors for value appreciation
- Property condition: Well-maintained new construction with modern features enhances value.
- Local market trends in 2027: Expected growth due to tourism and expatriate influx.
- Property type: Apartments in a desirable coastal village attract long-term and holiday renters.
Possible improvements
- Adding a balcony or terrace to increase outdoor space.
- Upgrading kitchen and bathroom fixtures for modern appeal.
- Enhancing energy efficiency with solar panels or better insulation.
Description
Discover stunning new 1-bedroom apartments for sale in Cancelada, Spain, offering the perfect blend of modern living and coastal charm. These stylish homes in Cancelada feature spacious interiors ranging from 63m² to 80m², designed for comfort and contemporary lifestyles. Located in the heart of this peaceful village, the properties provide easy access to beautiful beaches, top golf courses, vibrant restaurants, and local shops, making them an ideal choice for both year-round residents and holiday homeowners. Each apartment boasts bright, airy living spaces, built-in wardrobes, sleek ensuite bathrooms, and practical storage solutions. The modern kitchens are perfect for entertaining, while the urban views enhance the appeal of this exclusive development. Situated just minutes from the sea and the bustling town center, these new homes in Cancelada are built to high standards, ensuring quality and durability. Whether you're seeking a relaxed seaside retreat or a smart investment in Spain’s Costa del Sol, these properties in Cancelada offer exceptional value. Experience the tranquil lifestyle of Cancelada while enjoying excellent transport links to Málaga and beyond. Don't miss this opportunity to own a stylish new home in one of Spain’s most sought-after coastal villages.
Location
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Nightly rates in the area
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