Detached house in Calle Avutarda, Corralejo, La Oliva
Detached house in Calle Avutarda, Corralejo, La Oliva — image 2Detached house in Calle Avutarda, Corralejo, La Oliva — image 3Detached house in Calle Avutarda, Corralejo, La Oliva — image 4Detached house in Calle Avutarda, Corralejo, La Oliva — image 5
Grade Avillamid-range

Detached house in Calle Avutarda, Corralejo, La Oliva

La Oliva · La Oliva · Las Palmas

€590,000

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.

5.5%

Net Yield (after tax, all-in)

indicative range 4.86.1%

5.5%

Managed ROI (after tax)

13.1%

Gross Yield

68%

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: €87,192/yr
Average Daily Rate: 379
+5.0% vs area baselineMediterranean-traditional style (+5%), Has pool (0%)
Net Yield (after tax): 5.5%
Payback Period: 18.3 years
5-yr Capital Value: €683,972
10-yr Capital Value: €792,911
Brixfox Score: 75.4 / 100
Comparable Properties: 8
Data Confidence: 74%
Search Radius: 3 km

True Investment Cost

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

€667,163

+13.1% over asking

Asking price€590,000
itp€38,350
legal€6,313
furnishing€30,000
notary registry€2,500
All-in investment€667,163

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: 4
Bathrooms: 3
Building: 312
Land: 523
Style: mediterranean-traditional
Condition: good
Energy Certificate: G
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 pooloutdoor dining areapergola

AI Investment Summary

A investment in La Oliva (Fuerteventura). Score 75.4/100. Net yield 5.5% after tax | Occupancy 68% | ADR $379 | No STR licence on record | Pool

Score Breakdown

ROI
19.35
Visual Appeal
11.2
Ownership Security
13
Location
9.84
Land & Space
10.24
Rental Demand
6.8
Payback Speed
4
STR Suitability
1

Description

Destiny Home, the leading real estate agency in the Canary Islands, is proud to present this stunning villa in Corralejo. Corralejo, located in the north of Fuerteventura, is well-known for its white sandy beaches, relaxed atmosphere, and excellent fresh seafood restaurants. This unique property offers: 4 bedrooms,

Location

📍 28.7116°, -13.8660°

La Oliva, Las Palmas, Spain

Visit Destiny HomeListed via Idealista.com
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Detached house in Calle Avutarda, Corralejo, La Oliva

La Oliva · Canary Islands · Ref BF-12718Source · Destiny Home · listed 20 Jun 2026
Asking price
$671,370
View original listing
Bedrooms
4
Bathrooms
3
Built area
312 m²
Land
523 m²
Brixfox Score 75 · A
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)
$432/night
50% ($216)Brixfox estimate($432/night)200% ($863)
Occupancy
68%
10%Brixfox estimate(68%)100%

Short-Term Rental

Indicative
Yearly income
$55,562
Likely range $33,338$77,787
Airbnb data$432/night · 68% occupancy
Rental income
$432/night · 68% occ.
$99,217
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.

$4.9M$3.7M$2.4M$1.2M$0Yr 0Yr 5Yr 10Yr 15Yr 20Yr 25Yr 30Paid back2x ReturnToday: $590K
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 11: 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
$718K
+22%
Rental Income
+$259K
Total Position
$977K
+66%
10.6%/yr
Year 10
Capital Value
$873K
+48%
Rental Income
+$560K
Total Position
$1.4M
+143%
9.3%/yr
Year 20
Capital Value
$1.3M
+119%
Rental Income
+$1.3M
Total Position
$2.6M
+341%
7.7%/yr
Year 30
Capital Value
$1.9M
+224%
Rental Income
+$2.3M
Total Position
$4.2M
+618%
6.8%/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.