Detached house in Calle la Viña, Marzagán-Los Hoyos-La Montañeta, Las Palmas de Gran Canaria
Detached house in Calle la Viña, Marzagán-Los Hoyos-La Montañeta, Las Palmas de Gran Canaria — image 2Detached house in Calle la Viña, Marzagán-Los Hoyos-La Montañeta, Las Palmas de Gran Canaria — image 3Detached house in Calle la Viña, Marzagán-Los Hoyos-La Montañeta, Las Palmas de Gran Canaria — image 4Detached house in Calle la Viña, Marzagán-Los Hoyos-La Montañeta, Las Palmas de Gran Canaria — image 5
Grade C+villabudget

Detached house in Calle la Viña, Marzagán-Los Hoyos-La Montañeta, Las Palmas de Gran Canaria

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

€210,000

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 (3 comps, 55% confidence).

2.0%

Net Yield (after tax, all-in)

indicative range 1.62.4%

2.0%

Managed ROI (after tax)

8.7%

Gross Yield

76%

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: €22,669/yr
Average Daily Rate: 88
-41.0% vs area baselineImage quality 3/10 (-12%), Dated style (-15%), No pool (-12%), Has countryside (+10%), Budget finish (-12%)
Net Yield (after tax): 2.0%
Payback Period: 50.5 years
5-yr Capital Value: €243,448
10-yr Capital Value: €282,222
Brixfox Score: 48.1 / 100
Comparable Properties: 3
Data Confidence: 55%
Search Radius: 6 km

True Investment Cost

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

€259,360

+23.5% over asking

Asking price€210,000
itp€13,650
legal€3,210
furnishing€30,000
notary registry€2,500
All-in investment€259,360

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: 3
Building: 160
Land: 230
Style: dated
Condition: needs-renovation
Energy Certificate: G
countryside

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.

AI Investment Summary

C+ investment in Las Palmas de Gran Canaria (Gran Canaria). Score 48.1/100. Net yield 2.0% after tax | Occupancy 76% | ADR $88 | No STR licence on record

Score Breakdown

ROI
7.92
Visual Appeal
4.6
Ownership Security
13
Location
8.4
Land & Space
5.6
Rental Demand
7.6
Payback Speed
0
STR Suitability
1

Description

Ground floor house to be renovated located in Los Hoyos. Built on a plot of 230 m2 with 160 m2 of construction, the house requires a complete renovation. It has a garage and access by road to the door. The price includes 1,800 m2 of rustic land located a few steps away in the rear area of the house. Ideal for those w

Location

📍 28.0439°, -15.4451°

Las Palmas de Gran Canaria, Las Palmas, Spain

Listed by BEST HOUSE CORNER / BEST HOUSE IN THE SUN via Idealista.com
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Idealista.com
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Detached house in Calle la Viña, Marzagán-Los Hoyos-La Montañeta, Las Palmas de Gran Canaria

Las Palmas de Gran Canaria · Canary Islands · Ref BF-10486Source · Idealista.com · listed 20 Jun 2026
Asking price
$238,962
Bedrooms
3
Built area
160 m²
Land
230 m²
Brixfox Score 48 · 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.

Adjust Forecast

Customize your projections
Nightly Rate (ADR)
$100/night
50% ($50)Brixfox estimate($100/night)200% ($201)
Occupancy
76%
10%Brixfox estimate(76%)100%

Short-Term Rental

Indicative
Yearly income
$14,445
Likely range $8,668$20,223
Airbnb data$100/night · 76% occupancy
Rental income
$100/night · 76% occ.
$25,795
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.

$1.5M$1.1M$739K$369K$0Yr 0Yr 5Yr 10Yr 15Yr 20Yr 25Yr 30Paid back2x ReturnToday: $210K
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 14: rental income alone has repaid the full purchase price.
2x return
Year 9: total gains (capital + rental) have doubled your initial investment.
Year 5
Capital Value
$255K
+22%
Rental Income
+$67K
Total Position
$323K
+54%
9.0%/yr
Year 10
Capital Value
$311K
+48%
Rental Income
+$146K
Total Position
$456K
+117%
8.1%/yr
Year 20
Capital Value
$460K
+119%
Rental Income
+$341K
Total Position
$801K
+282%
6.9%/yr
Year 30
Capital Value
$681K
+224%
Rental Income
+$604K
Total Position
$1.3M
+512%
6.2%/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.