Village house in Centro, Nerja
Village house in Centro, Nerja — image 2Village house in Centro, Nerja — image 3Village house in Centro, Nerja — image 4Village house in Centro, Nerja — image 5
Grade Cvillabudget

Village house in Centro, Nerja

Nerja · Nerja · Málaga

€629,000

Asking Price (EUR)

STR Restriction Warning

Andalucía VFT: registration is via the Registro de Turismo de Andalucía. New STR can be blocked by the community of owners (2024 reform) and saturated Costa del Sol zones are tightening — verify the VFT registration and any municipal limits with the agency.

0.4%

Net Yield (after tax, all-in)

0.4%

Managed ROI (after tax)

3.5%

Gross Yield

60%

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: €24,887/yr
Average Daily Rate: €124
-38.0% vs area baselineImage quality 4/10 (-9%), Dated style (-15%), No pool (-12%), Has sea (+10%), Budget finish (-12%)
Net Yield (after tax): 0.4%
Payback Period: 234.0 years
5-yr Capital Value: €729,183
10-yr Capital Value: €845,323
Brixfox Score: 42.2 / 100
Comparable Properties: 95
Data Confidence: 94%
Search Radius: 2 km

True Investment Cost

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

€713,141

+13.4% over asking

Asking price€629,000
itp€44,030
legal€7,611
furnishing€30,000
notary registry€2,500
All-in investment€713,141

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: 376 m²
Land: 150 m²
Style: dated
Condition: needs-renovation
Year Built: 1970
Energy Certificate: In process
sea

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.

AI Investment Summary

C investment in Nerja. Score 42.2/100. Net yield 0.4% after tax | Occupancy 60% | ADR $124 | No STR licence on record

Score Breakdown

ROI
1.72
Visual Appeal
7
Ownership Security
13
Location
9.6
Land & Space
2.93
Rental Demand
5.96
Payback Speed
0
STR Suitability
2

Description

Incredible town house to renovate and expand, in Nerja, on a 150m² plot, just 100 meters from the Balcón de Europa and a 3-minute walk to the beach. It is located in the heart of the town, close to the most popular places and a short walk from the most beautiful beaches in Nerja. It is a unique opportunity since there

Location

📍 36.7475°, -3.8784°

Nerja, Málaga, Spain

Listed by CG Real Estate via Idealista.com
2-bedroom freehold villa in Nerja — photo 1 of 5
Idealista.com
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Village house in Centro, Nerja

Nerja · Costa del Sol · Ref BF-14392Source · Idealista.com · listed 21 Jun 2026
Asking price
$715,749
Bedrooms
2
Bathrooms
2
Built area
376 m²
Land
150 m²
Brixfox Score 42 · C
Modelled from Airbnb listings we track across Nerja — 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

Nerja

Costa del Sol, Approximate area

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STR Restriction Warning

Andalucía VFT: registration is via the Registro de Turismo de Andalucía. New STR can be blocked by the community of owners (2024 reform) and saturated Costa del Sol zones are tightening — verify the VFT registration and any municipal limits 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)
$141/night
50% ($70)Brixfox estimate($141/night)200% ($281)
Occupancy
60%
10%Brixfox estimate(60%)100%

Short-Term Rental

High confidence
Yearly income
$15,859
Likely range $12,687 – $19,030
Airbnb data$141/night · 60% occupancy
Rental income
$141/night · 60% occ.
$28,319
Running costs (20%)
Utilities, cleaning, maintenance
••••
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 Nerja.

$3.1M$2.3M$1.6M$777K$0Yr 0Yr 5Yr 10Yr 15Yr 20Yr 25Yr 30Paid back2x ReturnToday: $629K
Capital appreciation
Property value growing at +4%/yr based on Nerja 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 29: rental income alone has repaid the full purchase price.
2x return
Year 13: total gains (capital + rental) have doubled your initial investment.
Year 5
Capital Value
$765K
+22%
Rental Income
+$74K
Total Position
$839K
+33%
5.9%/yr
Year 10
Capital Value
$931K
+48%
Rental Income
+$160K
Total Position
$1.1M
+73%
5.7%/yr
Year 20
Capital Value
$1.4M
+119%
Rental Income
+$374K
Total Position
$1.8M
+179%
5.3%/yr
Year 30
Capital Value
$2.0M
+224%
Rental Income
+$663K
Total Position
$2.7M
+330%
5.0%/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.