Terraced house in Calle Drago, 5, Corralejo, La Oliva
Terraced house in Calle Drago, 5, Corralejo, La Oliva — image 2Terraced house in Calle Drago, 5, Corralejo, La Oliva — image 3Terraced house in Calle Drago, 5, Corralejo, La Oliva — image 4Terraced house in Calle Drago, 5, Corralejo, La Oliva — image 5
Grade B+villamid-range

Terraced house in Calle Drago, 5, Corralejo, La Oliva

La Oliva · La Oliva · Las Palmas

€280,000

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.

6.8%

Net Yield (after tax, all-in)

indicative range 6.17.5%

6.8%

Managed ROI (after tax)

17.1%

Gross Yield

68%

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: €57,251/yr
Average Daily Rate: 248
+22.0% vs area baselineModern/contemporary style (+12%), Has pool (0%), Has pool (+10%)
Net Yield (after tax): 6.8%
Payback Period: 14.7 years
5-yr Capital Value: €324,597
10-yr Capital Value: €376,297
Brixfox Score: 73.8 / 100
Comparable Properties: 8
Data Confidence: 81%
Search Radius: 2 km

True Investment Cost

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

€333,910

+19.3% over asking

Asking price€280,000
itp€18,200
legal€3,210
furnishing€30,000
notary registry€2,500
All-in investment€333,910

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: 82
Style: contemporary
Condition: excellent
Year Built: 2021
Energy Certificate: A
Private Pool
pool

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

communal pool areaprivate terrace with pergolaopen-plan living and kitchen

AI Investment Summary

B+ investment in La Oliva (Fuerteventura). Score 73.8/100. Net yield 6.8% after tax | Occupancy 68% | ADR $248 | No STR licence on record | Pool

Score Breakdown

ROI
22.64
Visual Appeal
11.8
Ownership Security
13
Location
9.84
Land & Space
3.64
Rental Demand
6.84
Payback Speed
5
STR Suitability
1

Description

Your Dream Home is pleased to present this attractive 2-bedroom, 2-bathroom duplex, situated in the quiet residential area of Tamaragua. An excellent opportunity to enjoy a relaxed lifestyle, just a one-minute drive from Corralejo and the beautiful beaches of northern Fuerteventura. Designed for comfort and functional

Location

📍 28.6990°, -13.8914°

La Oliva, Las Palmas, Spain

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Terraced house in Calle Drago, 5, Corralejo, La Oliva

La Oliva · Canary Islands · Ref BF-37084Source · Your Dream Home · listed 1 Jul 2026
Asking price
$318,616
View original listing
Bedrooms
2
Bathrooms
2
Built area
82 m²
Brixfox Score 74 · 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)
$282/night
50% ($141)Brixfox estimate($282/night)200% ($564)
Occupancy
68%
10%Brixfox estimate(68%)100%

Short-Term Rental

Indicative
Yearly income
$36,482
Likely range $21,889$51,075
Airbnb data$282/night · 68% occupancy
Rental income
$282/night · 68% occ.
$65,147
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 La Oliva.

$2.8M$2.1M$1.4M$700K$0Yr 0Yr 5Yr 10Yr 15Yr 20Yr 25Yr 30Paid back2x ReturnToday: $280K
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 8: rental income alone has repaid the full purchase price.
2x return
Year 6: total gains (capital + rental) have doubled your initial investment.
Year 5
Capital Value
$341K
+22%
Rental Income
+$170K
Total Position
$511K
+82%
12.8%/yr
Year 10
Capital Value
$414K
+48%
Rental Income
+$368K
Total Position
$782K
+179%
10.8%/yr
Year 20
Capital Value
$614K
+119%
Rental Income
+$861K
Total Position
$1.5M
+427%
8.7%/yr
Year 30
Capital Value
$908K
+224%
Rental Income
+$1.5M
Total Position
$2.4M
+769%
7.5%/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.