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

Detached house in Calle Drago Nn, Corralejo, La Oliva

La Oliva · La Oliva · Las Palmas

€219,000

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.

4.6%

Net Yield (after tax, all-in)

4.6%

Managed ROI (after tax)

13.6%

Gross Yield

64%

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: €36,576/yr
Average Daily Rate: 169
+11.0% vs area baselineImage quality 8/10 (+3%), Has pool (0%), Luxury finish (+8%)
Net Yield (after tax): 4.6%
Payback Period: 21.8 years
5-yr Capital Value: €253,881
10-yr Capital Value: €294,318
Brixfox Score: 72.8 / 100
Comparable Properties: 87
Data Confidence: 93%
Search Radius: 2 km

True Investment Cost

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

€268,945

+22.8% over asking

Asking price€219,000
itp€14,235
legal€3,210
furnishing€30,000
notary registry€2,500
All-in investment€268,945

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: 82
Land: 250
Style: minimalist
Condition: new-build
Energy Certificate: E
Private Pool

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 courtyard with poolslatted wood accent wallintegrated planter with lush greenery

AI Investment Summary

B+ investment in La Oliva (Fuerteventura). Score 72.8/100. Net yield 4.6% after tax | Occupancy 64% | ADR $169 | No STR licence on record | Pool

Score Breakdown

ROI
16.8
Visual Appeal
14.8
Ownership Security
13
Location
9.84
Land & Space
8
Rental Demand
6.4
Payback Speed
3
STR Suitability
1

Description

THE PRICE IS FOR THE HOUSE IN ITS CURRENT CONDITION Looking for a great real estate investment in Corralejo? This is a unique opportunity for those looking to buy a house in Fuerteventura and customize it to their dreams. Located in the exclusive area of Tamaragua (La Capellanía), this property is the perfect foundat

Location

📍 28.7300°, -13.8670°

La Oliva, Las Palmas, Spain

Visit GOLDEN HOUSE FUERTEVENTURAListed via Idealista.com
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Detached house in Calle Drago Nn, Corralejo, La Oliva

La Oliva · Canary Islands · Ref BF-12693Source · GOLDEN HOUSE FUERTEVENTURA · listed 20 Jun 2026
Asking price
$249,203
View original listing
Bedrooms
2
Bathrooms
2
Built area
82 m²
Land
250 m²
Brixfox Score 73 · 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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Customize your projections
Nightly Rate (ADR)
$192/night
50% ($96)Brixfox estimate($192/night)200% ($385)
Occupancy
64%
10%Brixfox estimate(64%)100%

Short-Term Rental

High confidence
Yearly income
$23,307
Likely range $18,646$27,969
Airbnb data$192/night · 64% occupancy
Rental income
$192/night · 64% occ.
$41,620
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.

$1.9M$1.5M$969K$484K$0Yr 0Yr 5Yr 10Yr 15Yr 20Yr 25Yr 30Paid back2x ReturnToday: $219K
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 10: rental income alone has repaid the full purchase price.
2x return
Year 7: total gains (capital + rental) have doubled your initial investment.
Year 5
Capital Value
$266K
+22%
Rental Income
+$109K
Total Position
$375K
+71%
11.4%/yr
Year 10
Capital Value
$324K
+48%
Rental Income
+$235K
Total Position
$559K
+155%
9.8%/yr
Year 20
Capital Value
$480K
+119%
Rental Income
+$550K
Total Position
$1.0M
+370%
8.0%/yr
Year 30
Capital Value
$710K
+224%
Rental Income
+$974K
Total Position
$1.7M
+669%
7.0%/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.