Detached house in Avda Pescia - Ctra de Frigiliana, Nerja
Detached house in Avda Pescia - Ctra de Frigiliana, Nerja — image 2Detached house in Avda Pescia - Ctra de Frigiliana, Nerja — image 3Detached house in Avda Pescia - Ctra de Frigiliana, Nerja — image 4Detached house in Avda Pescia - Ctra de Frigiliana, Nerja — image 5
Grade Bvillamid-range

Detached house in Avda Pescia - Ctra de Frigiliana, Nerja

Nerja · Nerja · Málaga

€995,000

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.

1.9%

Net Yield (after tax, all-in)

1.9%

Managed ROI (after tax)

5.8%

Gross Yield

63%

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: €64,425/yr
Average Daily Rate: €302
Net Yield (after tax): 1.9%
Payback Period: 52.1 years
5-yr Capital Value: €1.2M
10-yr Capital Value: €1.3M
Brixfox Score: 58.8 / 100
Comparable Properties: 31
Data Confidence: 90%
Search Radius: 2 km

True Investment Cost

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

€1.1M

+11.5% over asking

Asking price€995,000
itp€69,650
legal€12,040
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: 3
Building: 700 m²
Land: 1800 m²
Style: mediterranean-traditional
Condition: fair
Year Built: 2018
Energy Certificate: In process
countryside

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

arched entrywaybalcony with white balustradeterraced gardens

AI Investment Summary

B investment in Nerja. Score 58.8/100. Net yield 1.9% after tax | Occupancy 63% | ADR $302 | No STR licence on record

Score Breakdown

ROI
7.68
Visual Appeal
8.8
Ownership Security
13
Location
9.6
Land & Space
11.43
Rental Demand
6.32
Payback Speed
0
STR Suitability
2

Description

The property is set on a generous 1,800 m² plot near the Río Chíllar and enjoys a peaceful setting surrounded by nature, while still being within easy reach of the town centre and beaches. This unique property was originally an old flour mill and has been renovated over the years while keeping many of its traditional A

Location

📍 36.7571°, -3.8793°

Nerja, Málaga, Spain

Visit Propertissimo →Listed via Idealista.com
3-bedroom freehold villa in Nerja — photo 1 of 5
Propertissimo
1 / 5
3-bedroom freehold villa in Nerja — photo 2 of 5
2 / 5
3-bedroom freehold villa in Nerja — photo 3 of 5
3 / 5
3-bedroom freehold villa in Nerja — photo 4 of 5
4 / 5
3-bedroom freehold villa in Nerja — photo 5 of 5
5 / 5

Detached house in Avda Pescia - Ctra de Frigiliana, Nerja

Nerja · Costa del Sol · Ref BF-14399Source · Propertissimo · listed 21 Jun 2026
Asking price
$1,132,226
View original listing
Bedrooms
3
Bathrooms
3
Built area
700 m²
Land
1800 m²
Brixfox Score 59 · B
Modelled from Airbnb listings we track across Nerja — live calendar data. Projections are estimates, not financial advice.

Unlock full financial data

Get revenue, ROI calculations, AI audits, and investment scores for every property.

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

Loading Map...

Explore the full market map

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.

Adjust Forecast

Customize your projections
Nightly Rate (ADR)
$343/night
50% ($172)Brixfox estimate($343/night)200% ($687)
Occupancy
63%
10%Brixfox estimate(63%)100%

Short-Term Rental

High confidence
Yearly income
$41,054
Likely range $32,843 – $49,265
Airbnb data$343/night · 63% occupancy
Rental income
$343/night · 63% occ.
$73,310
Running costs (20%)
Utilities, cleaning, maintenance
••••
Income tax (24%)
Non-EU IRNR on gross rent
••••
Net income
••% ROI
••••

Growth & Exit Strategy

How your investment grows over time

Freehold — 4%/yr appreciation in Nerja.

$5.7M$4.3M$2.8M$1.4M$0Yr 0Yr 5Yr 10Yr 15Yr 20Yr 25Yr 30Paid back2x ReturnToday: $995K
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 21: 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
+$192K
Total Position
$1.4M
+41%
7.1%/yr
Year 10
Capital Value
$1.5M
+48%
Rental Income
+$414K
Total Position
$1.9M
+90%
6.6%/yr
Year 20
Capital Value
$2.2M
+119%
Rental Income
+$969K
Total Position
$3.1M
+217%
5.9%/yr
Year 30
Capital Value
$3.2M
+224%
Rental Income
+$1.7M
Total Position
$4.9M
+397%
5.5%/yr

Ask Brixfox AI

Conversational analysis — questions about this listing, answered from real data.

Try one of these

Create a free account to ask 2 free AI questions — Pro is unlimited.

Villa Scorecard

Location
••••
•••• •••• ••••
Rental Yield
••••
•••• •••• ••••
Occupancy
••••
•••• •••• ••••
Nightly Rate
••••
•••• •••• ••••
Visual Appeal
••••
•••• •••• ••••
Size & Space
••••
•••• •••• ••••
Zoning
••••
•••• •••• ••••
Tenure
••••
•••• •••• ••••

Upgrade to Pro to see full scorecard analysis

Risks & What-If

What if occupancy changes?

Owner Managed scenario

Upgrade to Pro to stress-test this yield across occupancy scenarios

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.