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3
Bedrooms
2
Bathrooms
107 m²
Surface area
€
€5935
Price per m²
Apartment
Property type
+24 photos
Analysis
Price
€635.000
Own investment (30%)
€190.500
30% down payment of purchase price
Buyer costs
€63.500
Buyer costs: 10% of purchase price
Estimated nightly rate
€163,38
Expected occupancy rate
66%
Gross rental p/m
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€0000
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Mortgage costs
-€1.185,33
This is the monthly interest you pay for the mortgage(3.2%interest)
Maintenance costs
-€89,17
{% 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
-€491,98
{% trans '15% commission based on average fees from Booking.com
and Airbnb' %}
Municipal taxes
-€147,44
Municipal taxes for Cancelada
Tax
(19%)
-€196,19
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
€163,38
High season
€221
Mid season
€159,92
Low season
€129
Price determining factors
- Strong demand for luxury properties in Cancelada and the New Golden Mile area.
- Limited supply of high-end penthouses with sea views in this prime location.
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
3.95%
5 Year Return
19.75%
10 Year Return
39.50%
ROI Distribution
Value development
Factors for value appreciation
- Property condition: Well-maintained modern property built in 2021, likely to retain value and appeal.
Possible improvements
- Adding smart home technology for enhanced convenience and security.
- Upgrading interior finishes or adding a private pool or jacuzzi on the terrace.
- Enhancing outdoor landscaping and lighting to boost curb appeal.
Description
Experience luxury living in this stunning duplex penthouse for sale in Cancelada, Spain, offering breathtaking panoramic views of the Mediterranean Sea and the Gibraltar Strait. This contemporary 3-bedroom, 2-bathroom property, built in 2021, features a spacious 53m² private terrace and a 106m² interior that exudes elegance and comfort. The open-plan living area includes a modern black high-gloss kitchen with Siemens appliances, a generous dining space, and a cozy lounge that opens onto a sun-drenched terrace—perfect for outdoor entertaining and enjoying spectacular sunsets. Upstairs, the master suite boasts an ensuite bathroom, walk-in wardrobe, and direct access to a rooftop solarium ideal for sunrise yoga or stargazing. Located in the exclusive Cancelada area, this luxury penthouse offers south-west facing orientation, ensuring maximum sunlight and stunning sea, mountain, and Gibraltar views. The property is fully licensed for tourism, making it an excellent investment opportunity in Cancelada, Spain, whether for full-time living, holiday getaways, or rental income. Residents enjoy access to resort-style amenities such as outdoor and indoor pools, a gym, sauna, Turkish bath, and an on-site restaurant. Surrounded by top golf courses, tennis, and padel clubs, and within walking distance to Cancelada village’s shops and restaurants, this exceptional apartment is just 10 minutes from Marbella and the beaches of the New Golden Mile. Secure underground parking and a private storage room complete this prime Cancelada property, making it an ideal choice for discerning buyers seeking luxury, location, and lifestyle in Spain.
Location
Nightly rates in the area
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