House in Ciutadella, Ciutadella de Menorca
House in Ciutadella, Ciutadella de Menorca — image 2House in Ciutadella, Ciutadella de Menorca — image 3House in Ciutadella, Ciutadella de Menorca — image 4House in Ciutadella, Ciutadella de Menorca — image 5
Grade Bvillamid-range

House in Ciutadella, Ciutadella de Menorca

Ciutadella · Ciutadella · Illes Balears

€4.3M

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.

Limited comps — indicative only

Revenue projections are based on limited comparable data (2 comps, 58% confidence).

1.9%

Net Yield (after tax, all-in)

indicative range 1.5–2.2%

1.9%

Managed ROI (after tax)

5.0%

Gross Yield

71%

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: €238,479/yr
Average Daily Rate: €990
+3.0% vs area baselineMediterranean-traditional style (+5%), No pool (-12%), Has countryside (+10%)
Net Yield (after tax): 1.9%
Payback Period: 53.3 years
5-yr Capital Value: €4.9M
10-yr Capital Value: €5.7M
Brixfox Score: 62.1 / 100
Comparable Properties: 2
Data Confidence: 58%
Search Radius: 6 km

True Investment Cost

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

€4.8M

+12.9% over asking

Asking price€4.3M
itp€503,540
legal€12,100
furnishing€30,000
notary registry€2,500
All-in investment€4.8M

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: 3
Building: 938 m²
Land: 454057 m²
Style: mediterranean-traditional
Condition: good
Energy Certificate: G
countryside

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

traditional white washed facadeexterior stone staircasearched entryway

AI Investment Summary

B investment in Ciutadella (Menorca). Score 62.1/100. Net yield 1.9% after tax | Occupancy 71% | ADR $990 | No STR licence on record

Score Breakdown

ROI
7.52
Visual Appeal
12.8
Ownership Security
13
Location
8.64
Land & Space
12
Rental Demand
7.12
Payback Speed
0
STR Suitability
1

Description

Beautiful property in rural surroundings, on the southern side of the old capital of the island. The ground floor of the main building was originally used by the military to store arms, towards the end of the Habsburgs dynasty in Spain. The keystone of the vaulted ceiling shows the coat of arms with its two-headed eagl

Location

📍 40.0019°, 3.8417°

Ciutadella, Illes Balears, Spain

Listed by Bonnin Sanso Menorca via Idealista.com
8-bedroom freehold villa in Ciutadella — photo 1 of 5
Idealista.com
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8-bedroom freehold villa in Ciutadella — photo 2 of 5
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8-bedroom freehold villa in Ciutadella — photo 3 of 5
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8-bedroom freehold villa in Ciutadella — photo 5 of 5
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House in Ciutadella, Ciutadella de Menorca

Ciutadella · Balearic Islands · Ref BF-6343Source · Idealista.com · listed 17 Jun 2026
Asking price
$4,845,244
Bedrooms
8
Bathrooms
3
Built area
938 m²
Land
454057 m²
Brixfox Score 62 · B
Modelled from Airbnb listings we track across Ciutadella — 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

Ciutadella

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)
$1,127/night
50% ($563)Brixfox estimate($1,127/night)200% ($2,254)
Occupancy
71%
10%Brixfox estimate(71%)100%

Short-Term Rental

Indicative
Yearly income
$151,967
Likely range $91,180 – $212,754
Airbnb data$1,127/night · 71% occupancy
Rental income
$1,127/night · 71% occ.
$271,369
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 Ciutadella.

$23.2M$17.4M$11.6M$5.8M$0Yr 0Yr 5Yr 10Yr 15Yr 20Yr 25Yr 30Paid back2x ReturnToday: $4.3M
Capital appreciation
Property value growing at +4%/yr based on Ciutadella 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
$5.2M
+22%
Rental Income
+$709K
Total Position
$5.9M
+38%
6.7%/yr
Year 10
Capital Value
$6.3M
+48%
Rental Income
+$1.5M
Total Position
$7.8M
+84%
6.3%/yr
Year 20
Capital Value
$9.3M
+119%
Rental Income
+$3.6M
Total Position
$12.9M
+203%
5.7%/yr
Year 30
Capital Value
$13.8M
+224%
Rental Income
+$6.4M
Total Position
$20.2M
+374%
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.