Terraced house in Calle Goya, 2, Pajara
Terraced house in Calle Goya, 2, Pajara — image 2Terraced house in Calle Goya, 2, Pajara — image 3Terraced house in Calle Goya, 2, Pajara — image 4Terraced house in Calle Goya, 2, Pajara — image 5
Grade C+villamid-range

Terraced house in Calle Goya, 2, Pajara

Pájara · Pájara · Las Palmas

€329,000

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.

1.3%

Net Yield (after tax, all-in)

indicative range 1.11.4%

1.3%

Managed ROI (after tax)

6.2%

Gross Yield

47%

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: €23,875/yr
Average Daily Rate: 149
Net Yield (after tax): 1.3%
Payback Period: 78.1 years
5-yr Capital Value: €381,401
10-yr Capital Value: €442,148
Brixfox Score: 47.6 / 100
Comparable Properties: 5
Data Confidence: 79%
Search Radius: 2 km

True Investment Cost

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

€386,405

+17.4% over asking

Asking price€329,000
itp€21,385
legal€3,520
furnishing€30,000
notary registry€2,500
All-in investment€386,405

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: 112
Style: mediterranean-traditional
Condition: good
Year Built: 2003
sea

Design Features

covered entrance with wooden slatspotted plants and trees in courtyard

AI Investment Summary

C+ investment in Pájara (Fuerteventura). Score 47.6/100. Net yield 1.3% after tax | Occupancy 47% | ADR $149 | No STR licence on record

Score Breakdown

ROI
5.12
Visual Appeal
10.4
Ownership Security
13
Location
9.6
Land & Space
3.78
Rental Demand
4.73
Payback Speed
0
STR Suitability
1

Description

House in La Lajita – Fuerteventura | Quality of life, tranquility, and an exceptional location This welcoming two-story semi-detached house, built in 2003, is for sale in La Lajita, a charming coastal village known for its tranquility, local atmosphere, and excellent location. La Lajita perfectly combines everyday life

Location

📍 28.1812°, -14.1572°

Pájara, Las Palmas, Spain

Listed by RE/MAX INSIGNIA via Idealista.com
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Idealista.com
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Terraced house in Calle Goya, 2, Pajara

Pájara · Canary Islands · Ref BF-123880Source · Idealista.com · listed 24 Aug 2026
Asking price
$374,374
Bedrooms
2
Bathrooms
2
Built area
112 m²
Brixfox Score 48 · C+
Modelled from Airbnb listings we track across Pájara — 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

Pájara

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)
$170/night
50% ($85)Brixfox estimate($170/night)200% ($340)
Occupancy
47%
10%Brixfox estimate(47%)100%

Short-Term Rental

Indicative
Yearly income
$15,214
Likely range $9,128$21,299
Airbnb data$170/night · 47% occupancy
Rental income
$170/night · 47% occ.
$27,168
Running costs (20%)
Utilities, cleaning, maintenance
••••
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 Pájara.

$2.0M$1.5M$979K$490K$0Yr 0Yr 5Yr 10Yr 15Yr 20Yr 25Yr 30Paid back2x ReturnToday: $329K
Capital appreciation
Property value growing at +4%/yr based on Pájara 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 19: 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
$400K
+22%
Rental Income
+$71K
Total Position
$471K
+43%
7.5%/yr
Year 10
Capital Value
$487K
+48%
Rental Income
+$153K
Total Position
$640K
+95%
6.9%/yr
Year 20
Capital Value
$721K
+119%
Rental Income
+$359K
Total Position
$1.1M
+228%
6.1%/yr
Year 30
Capital Value
$1.1M
+224%
Rental Income
+$636K
Total Position
$1.7M
+418%
5.6%/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.