Detached house in Ses Cadenes-Arenal, Palma de Mallorca
Detached house in Ses Cadenes-Arenal, Palma de Mallorca — image 2Detached house in Ses Cadenes-Arenal, Palma de Mallorca — image 3Detached house in Ses Cadenes-Arenal, Palma de Mallorca — image 4Detached house in Ses Cadenes-Arenal, Palma de Mallorca — image 5
Grade Avillamid-range

Detached house in Ses Cadenes-Arenal, Palma de Mallorca

Palma · Palma · Illes Balears

€2.9M

Asking Price (EUR)

STR Restriction Warning

Balearics ETV moratorium: new short-term-rental licences are frozen. An existing, transferable ETV is required to operate legally — verify the licence and its transferability with the agency.

7.8%

Net Yield (after tax, all-in)

indicative range 6.3–9.4%

7.8%

Managed ROI (after tax)

16.5%

Gross Yield

75%

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: €529,361/yr
Average Daily Rate: €2088
+10.0% vs area baselineModern/contemporary style (+12%), No pool (-12%), Has sea (+10%)
Net Yield (after tax): 7.8%
Payback Period: 12.7 years
5-yr Capital Value: €3.3M
10-yr Capital Value: €3.8M
Brixfox Score: 76 / 100
Comparable Properties: 5
Data Confidence: 57%
Search Radius: 6 km

True Investment Cost

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

€3.2M

+12.8% over asking

Asking price€2.9M
itp€320,500
legal€12,100
furnishing€30,000
notary registry€2,500
All-in investment€3.2M

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: 8
Bathrooms: 9
Building: 891 m²
Land: 159 m²
Style: modern
Condition: excellent
Year Built: 1967
Energy Certificate: 182,7 kWh/m² year
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.

Design Features

rooftop terracesea view

AI Investment Summary

A investment in Palma (Mallorca). Score 76/100. Net yield 7.8% after tax | Occupancy 75% | ADR $2088 | No STR licence on record

Score Breakdown

ROI
24.7
Visual Appeal
11.8
Ownership Security
13
Location
10.2
Land & Space
2.78
Rental Demand
7.5
Payback Speed
5
STR Suitability
1

Description

Unique investment opportunity in Playa de Palma. This completely - and high-quality refurbished building is located at the Playa de Palma just a few meters away from the beautiful promenade and the sea. The building offers 8 apartments, each with approx. 40 square meters of living space, spread over 4 floors plus a sho

Location

📍 39.5696°, 2.6502°

Palma, Illes Balears, Spain

Listed by KENSINGTON Central SW via Idealista.com
8-bedroom freehold villa in Palma — photo 1 of 5
Idealista.com
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Detached house in Ses Cadenes-Arenal, Palma de Mallorca

Palma · Balearic Islands · Ref BF-1818Source · Idealista.com · listed 17 Jun 2026
Asking price
$3,243,059
Bedrooms
8
Bathrooms
9
Built area
891 m²
Land
159 m²
Brixfox Score 76 · A
Modelled from Airbnb listings we track across Palma — 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

Palma

Balearic Islands, Approximate area

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STR Restriction Warning

Balearics ETV moratorium: new short-term-rental licences are frozen. An existing, transferable ETV is required to operate legally — verify the licence and its transferability 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)
$2,376/night
50% ($1,188)Brixfox estimate($2,376/night)200% ($4,753)
Occupancy
75%
10%Brixfox estimate(75%)100%

Short-Term Rental

Indicative
Yearly income
$337,326
Likely range $202,395 – $472,256
Airbnb data$2,376/night · 75% occupancy
Rental income
$2,376/night · 75% occ.
$602,368
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
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Growth & Exit Strategy

How your investment grows over time

Freehold — 4%/yr appreciation in Palma.

$26.8M$20.1M$13.4M$6.7M$0Yr 0Yr 5Yr 10Yr 15Yr 20Yr 25Yr 30Paid back2x ReturnToday: $2.9M
Capital appreciation
Property value growing at +4%/yr based on Palma 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 9: rental income alone has repaid the full purchase price.
2x return
Year 7: total gains (capital + rental) have doubled your initial investment.
Year 5
Capital Value
$3.5M
+22%
Rental Income
+$1.6M
Total Position
$5.0M
+77%
12.1%/yr
Year 10
Capital Value
$4.2M
+48%
Rental Income
+$3.4M
Total Position
$7.6M
+167%
10.3%/yr
Year 20
Capital Value
$6.2M
+119%
Rental Income
+$8.0M
Total Position
$14.2M
+399%
8.4%/yr
Year 30
Capital Value
$9.2M
+224%
Rental Income
+$14.1M
Total Position
$23.3M
+719%
7.3%/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.