Terraced house in Chullera, Manilva
Terraced house in Chullera, Manilva — image 2Terraced house in Chullera, Manilva — image 3Terraced house in Chullera, Manilva — image 4Terraced house in Chullera, Manilva — image 5
Grade Cvillamid-rangeLicence stated by agency

Terraced house in Chullera, Manilva

Manilva · Manilva · Málaga

€669,000

Asking Price (EUR)

Licence regime in this region

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.

1.3%

Net Yield (after tax, all-in)

1.3%

Managed ROI (after tax)

5.0%

Gross Yield

47%

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: €38,069/yr
Average Daily Rate: €237
Net Yield (after tax): 1.3%
Payback Period: 79.8 years
5-yr Capital Value: €787,147
10-yr Capital Value: €912,519
Brixfox Score: 52.1 / 100
Comparable Properties: 23
Data Confidence: 95%
Search Radius: 2 km

True Investment Cost

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

€767,246

+14.7% over asking

Asking price€669,000
itp€47,530
legal€8,216
furnishing€30,000
notary registry€2,500
All-in investment€767,246

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: 267 m²
Land: 171 m²
Style: contemporary
Condition: excellent
Year Built: 2022
Energy Certificate: B
Private Pool
sea

Agency states a licence, no number given

The listing text says the villa holds a tourist licence but prints no number (“Price drop! HOUSE WITH TOURIST LICENSE! Located in an exclusive, recently built development in the Bahía de las Rocas area, this elegant three-bedroom townhou”) — the agency’s claim, unverified.

A register hit means a licence exists at this location, not that it transfers with the sale: have a Spanish lawyer verify the transfer clause in the deed, the licence’s current status and the municipality’s renewal position before you commit.

Design Features

paddle-tennis-courtcommunal-poolslarge-terraces

AI Investment Summary

C investment in Manilva. Score 52.1/100. Net yield 1.3% after tax | Occupancy 47% | ADR $237 | No STR licence on record | Pool

Score Breakdown

ROI
5
Visual Appeal
13.6
Ownership Security
13
Location
8.64
Land & Space
3.59
Rental Demand
4.75
Payback Speed
0
STR Suitability
2

Description

Price drop! HOUSE WITH TOURIST LICENSE! Located in an exclusive, recently built development in the Bahía de las Rocas area, this elegant three-bedroom townhouse combines contemporary design, plenty of natural light and superb outdoor spaces from which to enjoy breathtaking views of the Mediterranean, Gibraltar and, on

Location

📍 36.3239°, -5.2511°

Manilva, Málaga, Spain

Listed by ONDOMUS Inmobiliaria via Idealista.com

Price
$761,265
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ONDOMUS Inmobiliaria
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Terraced house in Chullera, Manilva

Manilva · Costa del Sol · Ref BF-246853Source · ONDOMUS Inmobiliaria · listed 15 Oct 2026
Asking price
$761,265
Bedrooms
3
Bathrooms
3
Built area
267 m²
Land
171 m²
Condition
Move-in
(from the photos)
Brixfox Score 52 · C
Modelled from Airbnb listings we track across Manilva — 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

Manilva

Costa del Sol, Approximate area

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Licence regime in this region

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.

Agency states a licence, no number given

low confidence

The listing text says the villa holds a tourist licence but prints no number (“Price drop! HOUSE WITH TOURIST LICENSE! Located in an exclusive, recently built development in the Bahía de las Rocas area, this elegant three-bedroom townhou”) — the agency’s claim, unverified.

A register hit means a licence exists at this location, not that it transfers with the sale: have a Spanish lawyer verify the transfer clause in the deed, the licence’s current status and the municipality’s renewal position before you commit.

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.

Property Underwriting Report not available here

This listing's itemised cost stack isn't available right now, so the page shows an approximate model. The report only underwrites the stored, itemised figures; it returns when the listing is re-scored.

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)
$270/night
50% ($135)Brixfox estimate($270/night)200% ($540)
Occupancy
47%
10%Brixfox estimate(47%)100%

Short-Term Rental

Moderate confidence
Yearly income
$24,259
Likely range $17,466 – $31,051
Airbnb data$270/night · 47% occupancy
Rental income
$270/night · 47% occ.
$43,319
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 Manilva.

$3.7M$2.7M$1.8M$915K$0Yr 0Yr 5Yr 10Yr 15Yr 20Yr 25Yr 30Paid back2x ReturnToday: $669K
Capital appreciation
Property value growing at +4%/yr based on Manilva 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 23: rental income alone has repaid the full purchase price.
2x return
Year 12: total gains (capital + rental) have doubled your initial investment.
Year 5
Capital Value
$814K
+22%
Rental Income
+$113K
Total Position
$927K
+39%
6.7%/yr
Year 10
Capital Value
$990K
+48%
Rental Income
+$244K
Total Position
$1.2M
+85%
6.3%/yr
Year 20
Capital Value
$1.5M
+119%
Rental Income
+$573K
Total Position
$2.0M
+205%
5.7%/yr
Year 30
Capital Value
$2.2M
+224%
Rental Income
+$1.0M
Total Position
$3.2M
+376%
5.3%/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.