Semi-detached house in Calle Picasso, 1, Pajara
Semi-detached house in Calle Picasso, 1, Pajara — image 2Semi-detached house in Calle Picasso, 1, Pajara — image 3Semi-detached house in Calle Picasso, 1, Pajara — image 4Semi-detached house in Calle Picasso, 1, Pajara — image 5
Grade Bvillamid-range

Semi-detached house in Calle Picasso, 1, Pajara

Pájara · Pájara · Las Palmas

€219,000

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.

3.5%

Net Yield (after tax, all-in)

indicative range 3.0–4.0%

3.5%

Managed ROI (after tax)

11.6%

Gross Yield

61%

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: €31,182/yr
Average Daily Rate: €151
+3.0% vs area baselineMediterranean-traditional style (+5%), No pool (-12%), Has ocean (+10%)
Net Yield (after tax): 3.5%
Payback Period: 28.2 years
5-yr Capital Value: €253,881
10-yr Capital Value: €294,318
Brixfox Score: 59 / 100
Comparable Properties: 6
Data Confidence: 70%
Search Radius: 6 km

True Investment Cost

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

€268,945

+22.8% over asking

Asking price€219,000
itp€14,235
legal€3,210
furnishing€30,000
notary registry€2,500
All-in investment€268,945

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: 84 m²
Style: mediterranean-traditional
Condition: good
Year Built: 2003
ocean

Design Features

ocean-view-balconybuilt-in-wardrobes

AI Investment Summary

B investment in Pájara (Fuerteventura). Score 59/100. Net yield 3.5% after tax | Occupancy 61% | ADR $151 | No STR licence on record

Score Breakdown

ROI
13.39
Visual Appeal
10.2
Ownership Security
13
Location
9.6
Land & Space
3.68
Rental Demand
6.11
Payback Speed
2
STR Suitability
1

Description

Sea Views.

Location

📍 28.1862°, -14.1553°

Pájara, Las Palmas, Spain

Listed by Private owner via Idealista.com
2-bedroom freehold villa in Pájara — photo 1 of 5
Idealista.com
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Semi-detached house in Calle Picasso, 1, Pajara

Pájara · Canary Islands · Ref BF-38471Source · Idealista.com · listed 2 Jul 2026
Asking price
$249,203
Bedrooms
2
Bathrooms
2
Built area
84 m²
Brixfox Score 59 · B
Modelled from Airbnb listings we track across Pájara — 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

Pájara

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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Nightly Rate (ADR)
$172/night
50% ($86)Brixfox estimate($172/night)200% ($344)
Occupancy
61%
10%Brixfox estimate(61%)100%

Short-Term Rental

Indicative
Yearly income
$19,870
Likely range $11,922 – $27,819
Airbnb data$172/night · 61% occupancy
Rental income
$172/night · 61% occ.
$35,482
Running costs (20%)
Utilities, cleaning, maintenance
••••
Income tax (24%)
Non-EU IRNR on gross rent
••••
Net income
••% ROI
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Growth & Exit Strategy

How your investment grows over time

Freehold — 4%/yr appreciation in Pájara.

$1.8M$1.3M$886K$443K$0Yr 0Yr 5Yr 10Yr 15Yr 20Yr 25Yr 30Paid back2x ReturnToday: $219K
Capital appreciation
Property value growing at +4%/yr based on Pájara 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 11: rental income alone has repaid the full purchase price.
2x return
Year 8: total gains (capital + rental) have doubled your initial investment.
Year 5
Capital Value
$266K
+22%
Rental Income
+$93K
Total Position
$359K
+64%
10.4%/yr
Year 10
Capital Value
$324K
+48%
Rental Income
+$200K
Total Position
$524K
+139%
9.1%/yr
Year 20
Capital Value
$480K
+119%
Rental Income
+$469K
Total Position
$949K
+333%
7.6%/yr
Year 30
Capital Value
$710K
+224%
Rental Income
+$831K
Total Position
$1.5M
+604%
6.7%/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.