Terraced house in Avenida Grandes Playa, Corralejo, La Oliva
Terraced house in Avenida Grandes Playa, Corralejo, La Oliva — image 2Terraced house in Avenida Grandes Playa, Corralejo, La Oliva — image 3Terraced house in Avenida Grandes Playa, Corralejo, La Oliva — image 4Terraced house in Avenida Grandes Playa, Corralejo, La Oliva — image 5
Grade Bvillamid-range

Terraced house in Avenida Grandes Playa, Corralejo, La Oliva

La Oliva · La Oliva · Las Palmas

€950,000

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.

2.5%

Net Yield (after tax, all-in)

2.5%

Managed ROI (after tax)

6.9%

Gross Yield

66%

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: €72,576/yr
Average Daily Rate: 328
+18.0% vs area baselineImage quality 8/10 (+3%), Mediterranean-traditional style (+5%), Has pool (0%), Has ocean (+10%)
Net Yield (after tax): 2.5%
Payback Period: 40.2 years
5-yr Capital Value: €1.1M
10-yr Capital Value: €1.3M
Brixfox Score: 63.5 / 100
Comparable Properties: 50
Data Confidence: 94%
Search Radius: 2 km

True Investment Cost

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

€1.1M

+11.0% over asking

Asking price€950,000
itp€61,750
legal€10,165
furnishing€30,000
notary registry€2,500
All-in investment€1.1M

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: 120
Land: 304
Style: mediterranean-traditional
Condition: excellent
Year Built: 1990
Energy Certificate: G
Private Pool
ocean

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 plunge poolrooftop terraceoceanfront balcony

AI Investment Summary

B investment in La Oliva (Fuerteventura). Score 63.5/100. Net yield 2.5% after tax | Occupancy 66% | ADR $328 | No STR licence on record | Pool

Score Breakdown

ROI
9.72
Visual Appeal
14.2
Ownership Security
13
Location
9.84
Land & Space
8.24
Rental Demand
6.55
Payback Speed
1
STR Suitability
1

Description

A beautiful villa with a pool right on the seafront in Corralejo If you're looking for a property directly on the seafront, you've found the perfect one. This beautiful villa offers unique views to the sea and the islands of Los Lobos and Lanzarote. There are very few properties left in Corralejo with a location dir

Location

📍 28.7300°, -13.8670°

La Oliva, Las Palmas, Spain

Listed by Jacomo Waldherr via Idealista.com
3-bedroom freehold villa in La Oliva — photo 1 of 5
Idealista.com
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Terraced house in Avenida Grandes Playa, Corralejo, La Oliva

La Oliva · Canary Islands · Ref BF-12824Source · Idealista.com · listed 20 Jun 2026
Asking price
$1,081,020
Bedrooms
3
Bathrooms
2
Built area
120 m²
Land
304 m²
Brixfox Score 64 · 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)
$373/night
50% ($186)Brixfox estimate($373/night)200% ($746)
Occupancy
66%
10%Brixfox estimate(66%)100%

Short-Term Rental

High confidence
Yearly income
$46,248
Likely range $36,998$55,497
Airbnb data$373/night · 66% occupancy
Rental income
$373/night · 66% occ.
$82,585
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.

$5.8M$4.3M$2.9M$1.4M$0Yr 0Yr 5Yr 10Yr 15Yr 20Yr 25Yr 30Paid back2x ReturnToday: $950K
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 18: 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
$1.2M
+22%
Rental Income
+$216K
Total Position
$1.4M
+44%
7.6%/yr
Year 10
Capital Value
$1.4M
+48%
Rental Income
+$466K
Total Position
$1.9M
+97%
7.0%/yr
Year 20
Capital Value
$2.1M
+119%
Rental Income
+$1.1M
Total Position
$3.2M
+234%
6.2%/yr
Year 30
Capital Value
$3.1M
+224%
Rental Income
+$1.9M
Total Position
$5.0M
+428%
5.7%/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.