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3
Bedrooms
2
Bathrooms
118 m²
Surface area
€
€4830
Price per m²
Apartment
Property type
+47 photos
Analysis
Price
€569.900
Own investment (30%)
€170.970
30% down payment of purchase price
Buyer costs
€56.990
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
-€1.063,81
This is the monthly interest you pay for the mortgage(3.2%interest)
Maintenance costs
-€98,33
{% 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
-€133,60
Municipal taxes for Cancelada
Tax
(19%)
-€220,17
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
- Proximity to the beach and amenities: High desirability increases property value.
- Luxury features and furnishings: Premium upgrades support higher pricing.
- Community security and amenities: Gated community with private parking adds value.
- Market demand for holiday rentals: Strong rental potential can drive property prices.
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
4.94%
5 Year Return
24.70%
10 Year Return
49.40%
ROI Distribution
Value development
Factors for value appreciation
- Property condition: Well-maintained and upgraded, which enhances value retention and appreciation.
- Local market trends in 2027: Expected to be positive due to tourism growth and regional development.
- Property type: High-demand holiday and permanent residence in a sought-after area.
- Economic outlook in 2027: Favorable, with steady growth in Spain's economy and tourism sector.
- Demographic developments: Increasing expatriate and retiree population seeking properties in Costa del Sol.
- Infrastructure plans in 2027: Ongoing improvements in transportation, healthcare, and amenities boosting property appeal.
- Historical WOZ value trends: Consistent increase reflecting regional appreciation and infrastructure investments.
Possible improvements
- Adding a private pool or hot tub to enhance outdoor appeal.
- Upgrading smart home features for modern convenience.
- Enhancing outdoor landscaping and garden design.
- Installing solar panels to improve energy efficiency.
- Renovating bathrooms and kitchen for even higher luxury appeal.
Description
Discover this stunning three-bedroom garden apartment for sale in Cancelada, Spain, offering a perfect blend of luxury, comfort, and convenience. This turnkey residence is situated in a highly sought-after area, just a short stroll from the beach and local amenities, making it an ideal choice for both holidaymakers and those seeking a permanent home in Spain. Meticulously upgraded by the current owner, the property features contemporary design with premium materials throughout. The open-plan kitchen stands out with a bespoke central island, quartz countertops, and top-of-the-line integrated appliances—perfect for entertaining or daily living.
Designed for year-round comfort, the apartment boasts advanced air conditioning, heating, and air purification systems, complemented by ceiling fans in every room. The private garden and expansive terrace create a tranquil outdoor space, ideal for relaxing or dining al fresco. These outdoor areas are furnished with elegant outdoor furniture, and a terrace heater ensures comfort during cooler months.
The property comes fully furnished with high-quality indoor and outdoor furniture, ready for immediate occupancy. Located within a secure gated community in Cancelada, Spain, residents benefit from underground private parking and a storage room. With its prime location, luxurious features, and excellent amenities, this Cancelada apartment is a rare opportunity to acquire a premium property in Spain’s Costa del Sol region.
Location
Nightly rates in the area
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