Detached house in Calle Cernícalo, 1, Corralejo, La Oliva
Detached house in Calle Cernícalo, 1, Corralejo, La Oliva — image 2Detached house in Calle Cernícalo, 1, Corralejo, La Oliva — image 3Detached house in Calle Cernícalo, 1, Corralejo, La Oliva — image 4Detached house in Calle Cernícalo, 1, Corralejo, La Oliva — image 5
Grade B+villaluxury

Detached house in Calle Cernícalo, 1, Corralejo, La Oliva

La Oliva · La Oliva · Las Palmas

€545,000

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.

4.5%

Net Yield (after tax, all-in)

4.5%

Managed ROI (after tax)

11.4%

Gross Yield

67%

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: €70,634/yr
Average Daily Rate: 313
+11.0% vs area baselineImage quality 8/10 (+3%), Modern/contemporary style (+12%), No pool (-12%), Luxury finish (+8%)
Net Yield (after tax): 4.5%
Payback Period: 22.1 years
5-yr Capital Value: €631,804
10-yr Capital Value: €732,434
Brixfox Score: 68.4 / 100
Comparable Properties: 46
Data Confidence: 93%
Search Radius: 2 km

True Investment Cost

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

€618,757

+13.5% over asking

Asking price€545,000
itp€35,425
legal€5,832
furnishing€30,000
notary registry€2,500
All-in investment€618,757

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
Bathrooms: 2
Building: 138
Style: contemporary
Condition: excellent
Energy Certificate: In process

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

marble coffee tablesmodern bar area with stoolslarge wall artdesigner floor lamp

AI Investment Summary

B+ investment in La Oliva (Fuerteventura). Score 68.4/100. Net yield 4.5% after tax | Occupancy 67% | ADR $313 | No STR licence on record

Score Breakdown

ROI
16.56
Visual Appeal
13.6
Ownership Security
13
Location
9.84
Land & Space
4.76
Rental Demand
6.69
Payback Speed
3
STR Suitability
1

Description

MODEL 3 This villa, built on two floors with a private pool, is designed to achieve a harmonious combination of modern comfort and traditional materials. The ground floor is conceived as an open space with large windows that, depending on the orientation, offer views of the volcanic landscape or the ocean. The vill

Location

📍 28.7169°, -13.8700°

La Oliva, Las Palmas, Spain

Visit Carpe Mundi InmobiliariaListed via Idealista.com
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Detached house in Calle Cernícalo, 1, Corralejo, La Oliva

La Oliva · Canary Islands · Ref BF-12678Source · Carpe Mundi Inmobiliaria · listed 20 Jun 2026
Asking price
$620,164
View original listing
Bedrooms
3
Bathrooms
2
Built area
138 m²
Brixfox Score 68 · B+
Modelled from Airbnb listings we track across La Oliva — 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

La Oliva

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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Nightly Rate (ADR)
$356/night
50% ($178)Brixfox estimate($356/night)200% ($711)
Occupancy
67%
10%Brixfox estimate(67%)100%

Short-Term Rental

High confidence
Yearly income
$45,010
Likely range $36,008$54,012
Airbnb data$356/night · 67% occupancy
Rental income
$356/night · 67% occ.
$80,376
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 La Oliva.

$4.2M$3.1M$2.1M$1.0M$0Yr 0Yr 5Yr 10Yr 15Yr 20Yr 25Yr 30Paid back2x ReturnToday: $545K
Capital appreciation
Property value growing at +4%/yr based on La Oliva 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 12: rental income alone has repaid the full purchase price.
2x return
Year 8: total gains (capital + rental) have doubled your initial investment.
Year 5
Capital Value
$663K
+22%
Rental Income
+$210K
Total Position
$873K
+60%
9.9%/yr
Year 10
Capital Value
$807K
+48%
Rental Income
+$453K
Total Position
$1.3M
+131%
8.7%/yr
Year 20
Capital Value
$1.2M
+119%
Rental Income
+$1.1M
Total Position
$2.3M
+314%
7.4%/yr
Year 30
Capital Value
$1.8M
+224%
Rental Income
+$1.9M
Total Position
$3.6M
+570%
6.5%/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.