Terraced house in Paseo La Cornisa, Escaleritas - La Feria, Las Palmas de Gran Canaria
Terraced house in Paseo La Cornisa, Escaleritas - La Feria, Las Palmas de Gran Canaria — image 2Terraced house in Paseo La Cornisa, Escaleritas - La Feria, Las Palmas de Gran Canaria — image 3Terraced house in Paseo La Cornisa, Escaleritas - La Feria, Las Palmas de Gran Canaria — image 4Terraced house in Paseo La Cornisa, Escaleritas - La Feria, Las Palmas de Gran Canaria — image 5
Grade C+villamid-range

Terraced house in Paseo La Cornisa, Escaleritas - La Feria, Las Palmas de Gran Canaria

Las Palmas de Gran Canaria · Las Palmas de Gran Canaria · Las Palmas

€650,000

Asking Price (EUR)

STR Restriction Warning

Canaries vacacional (VV) rules tightened under Ley 2/2025: new licences face residential-zone limits, community-of-owners approval and municipal caps. Verify the property holds a valid, transferable VV registration with the agency.

Limited comps — indicative only

Revenue projections are based on limited comparable data (2 comps, 63% confidence).

1.8%

Net Yield (after tax, all-in)

indicative range 1.5–2.1%

1.8%

Managed ROI (after tax)

6.0%

Gross Yield

72%

Occupancy

Net yield is after Spain's non-resident rental income tax (modelled at the non-EU 24% rate on net profit; EU/EEA residents pay 19%) and assumes deductible STR expenses — standard for EU/EEA owners and, per recent rulings, available to non-EU owners; confirm with a Spanish tax adviser. Holiday lets don't qualify for the 60% long-term-rental reduction.

Projected Gross Revenue: €44,079/yr
Average Daily Rate: €181
+15.0% vs area baselineMediterranean-traditional style (+5%), Has pool (0%), Has sea (+10%)
Net Yield (after tax): 1.8%
Payback Period: 54.8 years
5-yr Capital Value: €753,528
10-yr Capital Value: €873,546
Brixfox Score: 53.7 / 100
Comparable Properties: 2
Data Confidence: 63%
Search Radius: 6 km

True Investment Cost

Spanish transfer tax + notary + registry + legal + furnishing & STR launch setup.

€731,705

+12.6% over asking

Asking price€650,000
itp€42,250
legal€6,955
furnishing€30,000
notary registry€2,500
All-in investment€731,705

Estimates use Spain's resale transfer-tax (ITP) schedule by region plus notary, registry and legal fees; furnishing & STR launch covers furniture, appliances, the tourist-licence setup and launch photography. Actual notary & legal vary — budget extra for surveyor, due-diligence and bank-mortgage fees if financing. Working capital (2–3 months operating buffer) not included.

Bedrooms: 2
Bathrooms: 2
Building: 150 m²
Land: 200 m²
Style: mediterranean-traditional
Condition: good
Year Built: 1975
Energy Certificate: C
Private Pool
sea

STR Licence Status Unconfirmed

Short-term-rental licence unconfirmed — verify before purchase. In moratorium regions (Balearics ETV, Canaries VV) only an existing, transferable licence reliably permits Airbnb-style letting.

Design Features

private poolpanoramic sea view

AI Investment Summary

C+ investment in Las Palmas de Gran Canaria (Gran Canaria). Score 53.7/100. Net yield 1.8% after tax | Occupancy 72% | ADR $181 | No STR licence on record | Pool

Score Breakdown

ROI
7.28
Visual Appeal
11.8
Ownership Security
13
Location
8.4
Land & Space
4.98
Rental Demand
7.21
Payback Speed
0
STR Suitability
1

Description

DIRECT FROM THE OWNER. "Exclusive home with a private garden and pool, and panoramic views of the port of Las Palmas" To arrange a visit, please call or send a WhatsApp: +34 6 2 0 4 4 9 3 4 6 (Carmen) Located in one of the most unique residential areas of Las Palmas de Gran Canaria, on Paseo de La Cornisa, with impr

Location

📍 28.1212°, -15.4332°

Las Palmas de Gran Canaria, Las Palmas, Spain

Listed by INVERSIONES CHIL via Idealista.com
2-bedroom freehold villa in Las Palmas de Gran Canaria — photo 1 of 5
Idealista.com
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Terraced house in Paseo La Cornisa, Escaleritas - La Feria, Las Palmas de Gran Canaria

Las Palmas de Gran Canaria · Canary Islands · Ref BF-10438Source · Idealista.com · listed 20 Jun 2026
Asking price
$739,645
Bedrooms
2
Bathrooms
2
Built area
150 m²
Land
200 m²
Brixfox Score 54 · C+
Modelled from Airbnb listings we track across Las Palmas de Gran Canaria — live calendar data. Projections are estimates, not financial advice.

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What nearby Airbnbs actually earn

Brixfox tracks the live availability calendars of Airbnb listings around this property. The rates and occupancy below are observed from real bookings — this is the data behind every yield figure on this page.

Location

Las Palmas de Gran Canaria

Canary Islands, Approximate area

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STR Restriction Warning

Canaries vacacional (VV) rules tightened under Ley 2/2025: new licences face residential-zone limits, community-of-owners approval and municipal caps. Verify the property holds a valid, transferable VV registration with the agency.

After-tax basis: net yield is after Spain's non-resident rental income tax, modelled at the non-EU 24% rate on net profit (EU/EEA residents pay 19%). Assumes deductible STR expenses — standard for EU/EEA owners and, per recent rulings, available to non-EU owners; confirm with a Spanish tax adviser. Holiday lets don't qualify for the 60% long-term-rental reduction.

Income Breakdown

Figures are modelled estimates derived from comparable short-term-rental data — not guaranteed returns or financial advice. Do your own due diligence before investing.

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Customize your projections
Nightly Rate (ADR)
$206/night
50% ($103)Brixfox estimate($206/night)200% ($412)
Occupancy
72%
10%Brixfox estimate(72%)100%

Short-Term Rental

Indicative
Yearly income
$28,089
Likely range $16,854 – $39,324
Airbnb data$206/night · 72% occupancy
Rental income
$206/night · 72% occ.
$50,158
Running costs (20%)
Utilities, cleaning, maintenance
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Income tax (24%)
Non-EU IRNR on gross rent
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Net income
••% ROI
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Growth & Exit Strategy

How your investment grows over time

Freehold — 4%/yr appreciation in Las Palmas de Gran Canaria.

$3.8M$2.8M$1.9M$944K$0Yr 0Yr 5Yr 10Yr 15Yr 20Yr 25Yr 30Paid back2x ReturnToday: $650K
Capital appreciation
Property value growing at +4%/yr based on Las Palmas de Gran Canaria market trends.
Rental income
Cumulative net rental earnings collected over time, growing with annual revenue increases.
Total return
Capital value + rental income. Your actual total position if you sold and kept all rent.
Paid back
Year 20: rental income alone has repaid the full purchase price.
2x return
Year 11: total gains (capital + rental) have doubled your initial investment.
Year 5
Capital Value
$791K
+22%
Rental Income
+$131K
Total Position
$922K
+42%
7.2%/yr
Year 10
Capital Value
$962K
+48%
Rental Income
+$283K
Total Position
$1.2M
+92%
6.7%/yr
Year 20
Capital Value
$1.4M
+119%
Rental Income
+$663K
Total Position
$2.1M
+221%
6.0%/yr
Year 30
Capital Value
$2.1M
+224%
Rental Income
+$1.2M
Total Position
$3.3M
+405%
5.5%/yr

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Villa Scorecard

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Risks & What-If

What if occupancy changes?

Owner Managed scenario

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Data Sources & Methodology

ROI calculations use verified Brixfox Intelligence rental data from a 12-month trailing window. Opex: 20% owner-managed, 45% fully-managed. Market factors in Spain may impact actual yields.