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4
Bedrooms
3
Bathrooms
219 m²
Surface area
€
€2740
Price per m²
House
Property type
+42 photos
Analysis
Price
€600.000
Own investment (30%)
€180.000
30% down payment of purchase price
Buyer costs
€60.000
Buyer costs: 10% of purchase price
Estimated nightly rate
€238,71
Expected occupancy rate
59%
Gross rental p/m
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€0000
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Mortgage costs
-€1.120
This is the monthly interest you pay for the mortgage(3.2%interest)
Maintenance costs
-€182,50
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
-€375
Annual cleaning costs:€4500 (€375.00/month).Based on number of bedrooms.
Platform fees
-€642,58
15% commission based on average fees from Booking.com and Airbnb
Municipal taxes
-€140
Municipal taxes for Cancelada
Tax
(19%)
-€346,52
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
€238,71
High season
€324
Mid season
€229,08
Low season
€162
Price determining factors
- Proximity to beaches, amenities, and urban centers.
- Views of mountains and urban surroundings.
- Lack of a pool may slightly limit appeal for some buyers.
- Potential for value addition through renovations.
Comparable accommodations
All comparable accommodations and their nightly rates are retrieved from booking platforms.
| Rate | Hotel / apartment | Distance |
|---|---|---|
| €319 | 4 bed Villa in Nueva Andalucia - Heated Pool | 9.8 km |
| €707,60 | Luxury villa on beach. Puerto Banus walk 15 min | 7.4 km |
| €567,60 | Villa Tortuga Benamara | 2.0 km |
| €598,80 | Modern Golf Villa | Sea Views | Infinity Pool | 1.7 km |
| €462,20 | Family Beach Villa -Modern- Private pool -Estepona | 11.4 km |
| €692,80 | Golf & Seaview Villa with Heated Private Pool | 13.3 km |
| €381,20 | Beautiful villa with private pool | 20.5 km |
| €322 | Villa Sunlight near beach and Puerto Banus | 5.9 km |
| €691,60 | Nice villa with exceptional view to the sea! | 24.1 km |
| €356,60 | Villa with heated pool / Sea and Gibraltar view | 24.4 km |
Return & Value appreciation
Annual return
7.39%
5 Year Return
36.95%
10 Year Return
73.90%
ROI Distribution
Value development
Factors for value appreciation
- Property condition: Well-maintained, modern fixtures and fittings enhance value.
- Local market trends in 2027: Expected growth due to increasing demand for properties in Costa del Sol.
- Property type: Semi-detached houses are popular among families and investors.
- Economic outlook in 2027: Positive, with tourism and real estate sectors likely to grow.
- Demographic developments: Increasing expatriate and retiree population boosting demand.
- Infrastructure plans in 2027: Ongoing improvements in transport and amenities will support property values.
- Historical WOZ value trends: Consistent increase indicating rising property values.
Possible improvements
- Adding a pool to increase appeal and value.
- Upgrading kitchen and bathrooms for modern aesthetics.
- Enhancing outdoor spaces or landscaping.
- Installing energy-efficient systems to reduce utility costs.
Description
Discover this spacious semi-detached house for sale in Cancelada, Spain, a prime location just 10 minutes from Puerto Banús and Marbella. Perfectly situated in the charming town of Cancelada, this elegant property offers four bedrooms and a versatile layout across four levels, making it ideal for families or investors seeking comfort and convenience. The basement spans 70 m2 and features a bathroom, perfect for use as a guest suite, home office, or entertainment room. The street-level hosts a bright, open-plan living room, a modern kitchen, and a guest toilet, creating a welcoming space for daily living. Upstairs, you'll find three spacious bedrooms and two bathrooms, with the highlight being the sun-drenched solarium with a Jacuzzi, ideal for relaxing, hosting barbecues, or enjoying panoramic mountain and urban views. Located walking distance to all essential amenities—including shops, pharmacies, schools, and restaurants—this Cancelada property offers exceptional convenience. Just a 10-minute stroll to Costalita Beach, and only 10 minutes by car to Puerto Banús and Estepona, it combines tranquility with accessibility. While it’s a street parking property without a pool, its panoramic views and urban surroundings make it a desirable investment in Spain’s Costa del Sol. Whether you're seeking a permanent residence or a holiday home, this Cancelada residence provides a perfect blend of comfort, location, and lifestyle in Spain.
Location
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Nightly rates in the area
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