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House in Cancelada, 5 bedrooms, 200 m² €695.000

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5
Bedrooms
3
Bathrooms
200 m²
Surface area
€3475
Price per m²
House
Property type
House in Cancelada, 5 bedrooms, 200 m² - Hoofdafbeelding
House in Cancelada, 5 bedrooms, 200 m² - Afbeelding 1
House in Cancelada, 5 bedrooms, 200 m² - Afbeelding 2
House in Cancelada, 5 bedrooms, 200 m² - Afbeelding 3
+29 photos

Analysis

Price
€695.000
Own investment (30%)
€208.500
Buyer costs
€69.500
Estimated nightly rate
€318,47
Expected occupancy rate
46%
Gross rental p/m
€0000
Mortgage costs
-€1.297,33
Maintenance costs
-€166,67
Cleaning costs
-€375
Platform fees
-€668,39
Municipal taxes
-€160,19
Tax (19%)
-€339,79
Cashflow p.m.
Earned back in

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Nightly Rates

Estimated nightly rate
€318,47
High season
€464
Mid season
€296,92
Low season
€176

Price determining factors

  • Property condition: Well-kept, which maintains its value.
  • Local market trends in 2027: Rising property prices in Estepona and surrounding areas.
  • Property type: Family-oriented semi-detached house, desirable in the local market.
  • Economic outlook in 2027: Favorable, supporting higher property prices.
  • Demographic developments: Growing expatriate and local family populations.
  • Infrastructure plans in 2027: Enhancements in roads, public transport, and local services.
  • Historical WOZ value trends: Upward trend, reflecting market appreciation.

Comparable accommodations

Rate Hotel / apartment Distance
€448 Vacation Marbella I Biohacking, Golf-Front, Ibiza 4.5 km
€1.103,60 Vacation Marbella I TOP1, Hidden Gem, Luxury, View 0.8 km
€499,29 Luxury 5 bed Villa -Heated pool 9.8 km
€474,80 10-12 beds, pool, golf, party, group Location! 8.9 km
€440,60 Marbella Club Villa with Beautiful Heated Pool 11.9 km
€568 Luxury Villa• Sea View • 2 pools • Spa • Casa Iris 5.1 km
€272,80 VILLA WITH POOL AND SPECTACULAR VIEWS 15.7 km
€364 Casa Isa - Marbellamar 13.5 km
€494 Belgravia Club Townhouse Estepona Port 11.0 km
€695 Casa Innes Modern Villa Private Pool. Valle Romano 13.1 km

Return & Value appreciation

Annual return

6.25%

5 Year Return

31.25%

10 Year Return

62.50%

ROI Distribution

Value development

Factors for value appreciation

  • Property condition: Well-maintained with modern amenities, which supports steady appreciation.
  • Local market trends in 2027: Expected growth due to increasing demand for family homes in Estepona.
  • Property type: Semi-detached house, generally appreciating well in family-oriented neighborhoods.
  • Economic outlook in 2027: Positive, with tourism and real estate sectors likely to grow.
  • Demographic developments: Increasing families and expatriates seeking spacious homes.
  • Infrastructure plans in 2027: Planned improvements in transportation and local amenities, boosting property values.
  • Historical WOZ value trends: Consistent increase over recent years, indicating a stable market.

Possible improvements

  • Renovate kitchen and bathrooms for modern appeal.
  • Upgrade outdoor spaces and garden landscaping.
  • Add energy-efficient features like solar panels.
  • Improve interior decor to enhance aesthetic appeal.
  • Install smart home technology for convenience.

Description

Discover this stunning semi-detached corner house in the sought-after Residencial Diana, Cancelada, Spain. Perfectly suited for families seeking spacious, light-filled living in a peaceful yet well-connected area of Estepona. Spanning 156 m² across three floors, this property boasts a prime orientation and a large private garden, ideal for outdoor living year-round. The main floor welcomes you with a bright, spacious living room with direct access to the garden, perfect for relaxing or entertaining. The separate kitchen offers practicality and ample storage, complemented by a full bathroom for added convenience. Upstairs, you'll find four luminous bedrooms, two full bathrooms, and a generous terrace to soak up the sun or unwind. The top floor features a versatile loft-style room, ideal as a master suite, home office, or playroom, with a private terrace offering privacy and outdoor space. The Residencial Diana community provides excellent amenities, including a swimming pool, paddle tennis court, and football pitch, enhancing family leisure. Located in Cancelada, Spain, this property is close to shops, restaurants, and essential amenities, yet maintains tranquility. With annual property taxes around €1,000 and community fees between €500 and €600 per quarter, this home offers an exceptional opportunity for those seeking a spacious, comfortable residence in a prime Estepona location.

Location

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