Detached house in Tanques del Carme-Fort de l'Eau, Maó/Mahón
Detached house in Tanques del Carme-Fort de l'Eau, Maó/Mahón — image 2Detached house in Tanques del Carme-Fort de l'Eau, Maó/Mahón — image 3Detached house in Tanques del Carme-Fort de l'Eau, Maó/Mahón — image 4Detached house in Tanques del Carme-Fort de l'Eau, Maó/Mahón — image 5
Grade B+villamid-range

Detached house in Tanques del Carme-Fort de l'Eau, Maó/Mahón

Maó · Maó · Illes Balears

€550,000

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.

5.3%

Net Yield (after tax, all-in)

indicative range 4.7–5.9%

5.3%

Managed ROI (after tax)

12.9%

Gross Yield

69%

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: €82,143/yr
Average Daily Rate: €352
+3.0% vs area baselineMediterranean-traditional style (+5%), No pool (-12%), Has city (+10%)
Net Yield (after tax): 5.3%
Payback Period: 18.9 years
5-yr Capital Value: €637,601
10-yr Capital Value: €739,154
Brixfox Score: 68.2 / 100
Comparable Properties: 6
Data Confidence: 77%
Search Radius: 2 km

True Investment Cost

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

€634,655

+15.4% over asking

Asking price€550,000
itp€45,500
legal€6,655
furnishing€30,000
notary registry€2,500
All-in investment€634,655

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: 138 m²
Style: mediterranean-traditional
Condition: good
Energy Certificate: E
city

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

exposed wooden beamsmezzanine levelstone accent wallopen-plan living

AI Investment Summary

B+ investment in Maó (Menorca). Score 68.2/100. Net yield 5.3% after tax | Occupancy 69% | ADR $352 | No STR licence on record

Score Breakdown

ROI
18.9
Visual Appeal
11.2
Ownership Security
13
Location
8.4
Land & Space
4.76
Rental Demand
6.9
Payback Speed
4
STR Suitability
1

Description

Would you like to live in an old factory in the centre of Mahon converted in a spectacular and exclusive design home? This is your time... ! A house of open spaces, first quality materials where traditional elements such as the local 'marès' stone have mixed with Jatoba wood, stairs designed made-to-order and crafted

Location

📍 39.8885°, 4.2658°

Maó, Illes Balears, Spain

Listed by Fincas Venalis via Idealista.com
2-bedroom freehold villa in Maó — photo 1 of 5
Idealista.com
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Detached house in Tanques del Carme-Fort de l'Eau, Maó/Mahón

Maó · Balearic Islands · Ref BF-6078Source · Idealista.com · listed 17 Jun 2026
Asking price
$625,853
Bedrooms
2
Bathrooms
2
Built area
138 m²
Brixfox Score 68 · B+
Modelled from Airbnb listings we track across Maó — 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

Maó

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)
$401/night
50% ($200)Brixfox estimate($401/night)200% ($802)
Occupancy
69%
10%Brixfox estimate(69%)100%

Short-Term Rental

Indicative
Yearly income
$52,344
Likely range $31,406 – $73,282
Airbnb data$401/night · 69% occupancy
Rental income
$401/night · 69% occ.
$93,472
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 Maó.

$4.6M$3.4M$2.3M$1.1M$0Yr 0Yr 5Yr 10Yr 15Yr 20Yr 25Yr 30Paid back2x ReturnToday: $550K
Capital appreciation
Property value growing at +4%/yr based on Maó 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
$669K
+22%
Rental Income
+$244K
Total Position
$913K
+66%
10.7%/yr
Year 10
Capital Value
$814K
+48%
Rental Income
+$527K
Total Position
$1.3M
+144%
9.3%/yr
Year 20
Capital Value
$1.2M
+119%
Rental Income
+$1.2M
Total Position
$2.4M
+344%
7.7%/yr
Year 30
Capital Value
$1.8M
+224%
Rental Income
+$2.2M
Total Position
$4.0M
+622%
6.8%/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.