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Apartment in Cancelada, 3 bedrooms, 107 m² €635.000

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3
Bedrooms
2
Bathrooms
107 m²
Surface area
€5935
Price per m²
Apartment
Property type
Apartment in Cancelada, 3 bedrooms, 107 m² - Hoofdafbeelding
Apartment in Cancelada, 3 bedrooms, 107 m² - Afbeelding 1
Apartment in Cancelada, 3 bedrooms, 107 m² - Afbeelding 2
Apartment in Cancelada, 3 bedrooms, 107 m² - Afbeelding 3
+24 photos

Analysis

Price
€635.000
Own investment (30%)
€190.500
Buyer costs
€63.500
Estimated nightly rate
€163,38
Expected occupancy rate
66%
Gross rental p/m
€0000
Mortgage costs
-€1.185,33
Maintenance costs
-€89,17
Cleaning costs
-€333,33
Platform fees
-€491,98
Municipal taxes
-€147,44
Tax (19%)
-€196,19
Cashflow p.m.
Earned back in

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Nightly 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

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