Semi-detached house in CL Pejin, 15, Corralejo, La Oliva
Semi-detached house in CL Pejin, 15, Corralejo, La Oliva — image 2Semi-detached house in CL Pejin, 15, Corralejo, La Oliva — image 3Semi-detached house in CL Pejin, 15, Corralejo, La Oliva — image 4Semi-detached house in CL Pejin, 15, Corralejo, La Oliva — image 5
Grade B+villamid-range

Semi-detached house in CL Pejin, 15, Corralejo, La Oliva

La Oliva · La Oliva · Las Palmas

€265,000

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.

7.3%

Net Yield (after tax, all-in)

7.3%

Managed ROI (after tax)

18.1%

Gross Yield

62%

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: €57,709/yr
Average Daily Rate: 277
-3.0% vs area baselineImage quality 6/10 (-3%), Modern/contemporary style (+12%), No pool (-12%)
Net Yield (after tax): 7.3%
Payback Period: 13.8 years
5-yr Capital Value: €307,208
10-yr Capital Value: €356,138
Brixfox Score: 72.7 / 100
Comparable Properties: 27
Data Confidence: 90%
Search Radius: 2 km

True Investment Cost

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

€317,935

+20.0% over asking

Asking price€265,000
itp€17,225
legal€3,210
furnishing€30,000
notary registry€2,500
All-in investment€317,935

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: 88
Style: contemporary
Condition: good
Year Built: 2000

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

surfboard-shaped coffee tablesurfboard-fin wall shelf supportwall decal with 'Don't worry be happy' and beach theme

AI Investment Summary

B+ investment in La Oliva (Fuerteventura). Score 72.7/100. Net yield 7.3% after tax | Occupancy 62% | ADR $277 | No STR licence on record

Score Breakdown

ROI
23.56
Visual Appeal
10.4
Ownership Security
13
Location
9.84
Land & Space
3.76
Rental Demand
6.17
Payback Speed
5
STR Suitability
1

Description

Bright duplex in the heart of Corralejo, with terraces and prime location Located in the very center of Corralejo, on the quiet Calle Pejin, this well-maintained duplex is offered for sale just 5 minutes’ walk from the harbour and 2 minutes from Dino supermarket. A highly sought-after area, close to all services yet p

Location

📍 28.7422°, -13.8698°

La Oliva, Las Palmas, Spain

Listed by Karmada Inmobiliaria via Idealista.com
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Semi-detached house in CL Pejin, 15, Corralejo, La Oliva

La Oliva · Canary Islands · Ref BF-12886Source · Idealista.com · listed 20 Jun 2026
Asking price
$301,548
Bedrooms
3
Bathrooms
2
Built area
88 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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Nightly Rate (ADR)
$315/night
50% ($158)Brixfox estimate($315/night)200% ($630)
Occupancy
62%
10%Brixfox estimate(62%)100%

Short-Term Rental

High confidence
Yearly income
$36,774
Likely range $29,420$44,128
Airbnb data$315/night · 62% occupancy
Rental income
$315/night · 62% occ.
$65,668
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.

$2.8M$2.1M$1.4M$689K$0Yr 0Yr 5Yr 10Yr 15Yr 20Yr 25Yr 30Paid back2x ReturnToday: $265K
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 8: rental income alone has repaid the full purchase price.
2x return
Year 6: total gains (capital + rental) have doubled your initial investment.
Year 5
Capital Value
$322K
+22%
Rental Income
+$172K
Total Position
$494K
+86%
13.3%/yr
Year 10
Capital Value
$392K
+48%
Rental Income
+$370K
Total Position
$763K
+188%
11.2%/yr
Year 20
Capital Value
$581K
+119%
Rental Income
+$868K
Total Position
$1.4M
+447%
8.9%/yr
Year 30
Capital Value
$860K
+224%
Rental Income
+$1.5M
Total Position
$2.4M
+805%
7.6%/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.