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Apartment in Cancelada, 3 bedrooms, 118 m² €569.900

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3
Bedrooms
2
Bathrooms
118 m²
Surface area
€4830
Price per m²
Apartment
Property type
Apartment in Cancelada, 3 bedrooms, 118 m² - Hoofdafbeelding
Apartment in Cancelada, 3 bedrooms, 118 m² - Afbeelding 1
Apartment in Cancelada, 3 bedrooms, 118 m² - Afbeelding 2
Apartment in Cancelada, 3 bedrooms, 118 m² - Afbeelding 3
+47 photos

Analysis

Price
€569.900
Own investment (30%)
€170.970
Buyer costs
€56.990
Estimated nightly rate
€163,38
Expected occupancy rate
66%
Gross rental p/m
€0000
Mortgage costs
-€1.063,81
Maintenance costs
-€98,33
Cleaning costs
-€333,33
Platform fees
-€491,98
Municipal taxes
-€133,60
Tax (19%)
-€220,17
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

  • 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

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