Terraced house in Calle Pardelas, 7, Corralejo, La Oliva
Terraced house in Calle Pardelas, 7, Corralejo, La Oliva — image 2Terraced house in Calle Pardelas, 7, Corralejo, La Oliva — image 3Terraced house in Calle Pardelas, 7, Corralejo, La Oliva — image 4Terraced house in Calle Pardelas, 7, Corralejo, La Oliva — image 5
Grade Bvillamid-range

Terraced house in Calle Pardelas, 7, Corralejo, La Oliva

La Oliva · La Oliva · Las Palmas

€650,000

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.

2.7%

Net Yield (after tax, all-in)

2.7%

Managed ROI (after tax)

7.7%

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: €56,520/yr
Average Daily Rate: 251
-7.0% vs area baselineMediterranean-traditional style (+5%), No pool (-12%)
Net Yield (after tax): 2.7%
Payback Period: 36.8 years
5-yr Capital Value: €753,528
10-yr Capital Value: €873,546
Brixfox Score: 58.1 / 100
Comparable Properties: 33
Data Confidence: 94%
Search Radius: 2 km

True Investment Cost

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

€731,705

+12.6% over asking

Asking price€650,000
itp€42,250
legal€6,955
furnishing€30,000
notary registry€2,500
All-in investment€731,705

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: 4
Building: 114
Style: mediterranean-traditional
Condition: good

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

blue and white color schemearched windowspergolablue dome

AI Investment Summary

B investment in La Oliva (Fuerteventura). Score 58.1/100. Net yield 2.7% after tax | Occupancy 67% | ADR $251 | No STR licence on record

Score Breakdown

ROI
10.52
Visual Appeal
11.8
Ownership Security
13
Location
9.84
Land & Space
4.28
Rental Demand
6.67
Payback Speed
1
STR Suitability
1

Description

Fantastic luxury villa for sale in Bahiazul, the most exclusive complex in Corralejo. Fully equipped and furnished, it has three bedrooms, each with its own bathroom, a toilet, a large living room and a fully equipped kitchen. Musical thread and air conditioning throughout the villa. Downstairs there is an impressive t

Location

📍 28.7090°, -13.8720°

La Oliva, Las Palmas, Spain

Listed by Private owner via Idealista.com
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Terraced house in Calle Pardelas, 7, Corralejo, La Oliva

La Oliva · Canary Islands · Ref BF-12900Source · Idealista.com · listed 20 Jun 2026
Asking price
$739,645
Bedrooms
3
Bathrooms
4
Built area
114 m²
Brixfox Score 58 · 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)
$285/night
50% ($143)Brixfox estimate($285/night)200% ($571)
Occupancy
67%
10%Brixfox estimate(67%)100%

Short-Term Rental

High confidence
Yearly income
$36,016
Likely range $28,813$43,219
Airbnb data$285/night · 67% occupancy
Rental income
$285/night · 67% occ.
$64,315
Running costs (20%)
Utilities, cleaning, maintenance
••••
Income tax (24%)
Non-EU IRNR on gross rent
••••
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: $650K
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 17: rental income alone has repaid the full purchase price.
2x return
Year 10: total gains (capital + rental) have doubled your initial investment.
Year 5
Capital Value
$791K
+22%
Rental Income
+$168K
Total Position
$959K
+48%
8.1%/yr
Year 10
Capital Value
$962K
+48%
Rental Income
+$363K
Total Position
$1.3M
+104%
7.4%/yr
Year 20
Capital Value
$1.4M
+119%
Rental Income
+$850K
Total Position
$2.3M
+250%
6.5%/yr
Year 30
Capital Value
$2.1M
+224%
Rental Income
+$1.5M
Total Position
$3.6M
+456%
5.9%/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.