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2
Bedrooms
1
Bathrooms
73 m²
Surface area
€
€4384
Price per m²
Apartment
Property type
+8 photos
Analysis
Price
€320.000
Own investment (30%)
€96.000
30% down payment of purchase price
Buyer costs
€32.000
Buyer costs: 10% of purchase price
Estimated nightly rate
€109,33
Expected occupancy rate
70%
Gross rental p/m
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€0000
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Mortgage costs
-€597,33
This is the monthly interest you pay for the mortgage(3.2%interest)
Maintenance costs
-€60,83
{% 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
-€291,67
Annual cleaning costs:€3500 (€291.67/month).Based on number of bedrooms.
Platform fees
-€349,17
{% trans '15% commission based on average fees from Booking.com
and Airbnb' %}
Municipal taxes
-€80,50
Municipal taxes for Cancelada
Tax
(19%)
-€180,18
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
€109,33
High season
€140
Mid season
€107,42
Low season
€90
Price determining factors
- Proximity to beaches and amenities: High demand for properties near the coast.
- Property condition: Modern, fully furnished apartment attracts buyers and renters.
- Local market trends: Rising property prices on Costa del Sol.
- Economic factors: Stable economy and tourism growth.
- Local developments: Planned infrastructure and community enhancements.
- Amenities: Access to beaches, restaurants, and leisure facilities.
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
7.20%
5 Year Return
36.00%
10 Year Return
72.00%
ROI Distribution
Value development
Factors for value appreciation
- Property condition: Well-maintained modern apartment increases desirability and value.
- Local market trends in 2027: Growing demand for coastal properties on Costa del Sol.
- Property type: Apartments in popular tourist and residential areas tend to appreciate.
- Economic outlook in 2027: Positive economic growth in Spain supports property appreciation.
- Demographic developments: Increasing expatriate and retiree populations boost demand.
- Infrastructure plans in 2027: Ongoing improvements in transportation and amenities enhance property value.
- Historical WOZ value trends: Consistent increase in property values in the region over recent years.
Possible improvements
- Adding a balcony or terrace for outdoor space.
- Upgrading kitchen appliances and fixtures.
- Installing smart home technology.
- Enhancing interior decor to modern standards.
- Adding storage solutions or built-in wardrobes.
Description
Discover this stunning modern 2-bedroom apartment in Cancelada, Spain, perfectly situated just 700 meters from the beautiful Mediterranean beaches. Located within the contemporary El Amanecer complex, built in 2021, this property offers a perfect blend of comfort, style, and convenience for both residents and investors. The spacious open-plan living area features a fully equipped kitchen, ideal for relaxed coastal living. The apartment includes two bedrooms, one bathroom, and comes fully furnished, meticulously maintained by its original owner, ready for immediate move-in. Situated on the first floor with elevator access, it also includes a private parking space, enhancing ease of living in Cancelada. Its prime location provides walking access to supermarkets like Mercadona and Lidl, local schools, town hall, and public transportation, making daily life effortless. Enjoy proximity to Villa Padierna’s beach club, paddle tennis courts, and the charming town center with cafes and restaurants—everything you need within a short stroll. Whether seeking a primary residence, holiday retreat, or investment property, this Cancelada apartment offers excellent value in Spain’s Costa del Sol region. Key features include 73 m² of living space, air conditioning, and low-maintenance modern design. Experience the best of coastal Spain living with this exceptional Cancelada property—an ideal opportunity for those wanting a modern, convenient home near the beach in Spain.
Location
Nightly rates in the area
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