Estate in Carretera de Ciutadella a Maó, Ciutadella, Ciutadella de Menorca
Estate in Carretera de Ciutadella a Maó, Ciutadella, Ciutadella de Menorca — image 2Estate in Carretera de Ciutadella a Maó, Ciutadella, Ciutadella de Menorca — image 3Estate in Carretera de Ciutadella a Maó, Ciutadella, Ciutadella de Menorca — image 4Estate in Carretera de Ciutadella a Maó, Ciutadella, Ciutadella de Menorca — image 5
Grade Avillamid-range

Estate in Carretera de Ciutadella a Maó, Ciutadella, Ciutadella de Menorca

Ciutadella · Maó · Illes Balears

€900,000

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.

7.7%

Net Yield (after tax, all-in)

indicative range 6.2–9.2%

7.7%

Managed ROI (after tax)

16.9%

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: €172,586/yr
Average Daily Rate: €717
-7.0% vs area baselineMediterranean-traditional style (+5%), No pool (-12%)
Net Yield (after tax): 7.7%
Payback Period: 13.0 years
5-yr Capital Value: €1.0M
10-yr Capital Value: €1.2M
Brixfox Score: 82.3 / 100
Comparable Properties: 5
Data Confidence: 58%
Search Radius: 6 km

True Investment Cost

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

€1.0M

+13.7% over asking

Asking price€900,000
itp€80,000
legal€10,890
furnishing€30,000
notary registry€2,500
All-in investment€1.0M

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: 4
Bathrooms: 2
Building: 890 m²
Land: 108000 m²
Style: mediterranean-traditional
Condition: new-build
Year Built: 1800
Energy Certificate: B

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

symmetrical facadeelevated main entrance with grand staircasearched windows

AI Investment Summary

A investment in Ciutadella (Menorca). Score 82.3/100. Net yield 7.7% after tax | Occupancy 71% | ADR $717 | No STR licence on record

Score Breakdown

ROI
24.38
Visual Appeal
11.2
Ownership Security
13
Location
8.64
Land & Space
12
Rental Demand
7.12
Payback Speed
5
STR Suitability
1

Description

Beautiful stately country house to be renovated, close to Ciutadella de Menorca. The property has a total construction of 898m2, of which is distributed in a large manor house as a home, and annexed buildings such as oxen and stables. It has an area of land of 108,000m2 of land, for agricultural or branch use. It is

Location

📍 39.8885°, 4.2658°

Ciutadella, Illes Balears, Spain

Visit Fincas Seminari →Listed via Idealista.com
4-bedroom freehold villa in Ciutadella — photo 1 of 5
Fincas Seminari
1 / 5
4-bedroom freehold villa in Ciutadella — photo 2 of 5
2 / 5
4-bedroom freehold villa in Ciutadella — photo 3 of 5
3 / 5
4-bedroom freehold villa in Ciutadella — photo 4 of 5
4 / 5
4-bedroom freehold villa in Ciutadella — photo 5 of 5
5 / 5

Estate in Carretera de Ciutadella a Maó, Ciutadella, Ciutadella de Menorca

Ciutadella · Balearic Islands · Ref BF-6402Source · Fincas Seminari · listed 17 Jun 2026
Asking price
$1,024,124
View original listing
Bedrooms
4
Bathrooms
2
Built area
890 m²
Land
108000 m²
Brixfox Score 82 · A
Modelled from Airbnb listings we track across Ciutadella — live calendar data. Projections are estimates, not financial advice.

Unlock full financial data

Get revenue, ROI calculations, AI audits, and investment scores for every property.

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

Loading Map...

Explore the full market map

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.

Adjust Forecast

Customize your projections
Nightly Rate (ADR)
$816/night
50% ($408)Brixfox estimate($816/night)200% ($1,631)
Occupancy
71%
10%Brixfox estimate(71%)100%

Short-Term Rental

Indicative
Yearly income
$109,977
Likely range $65,987 – $153,968
Airbnb data$816/night · 71% occupancy
Rental income
$816/night · 71% occ.
$196,388
Running costs (20%)
Utilities, cleaning, maintenance
••••
Income tax (24%)
Non-EU IRNR on gross rent
••••
Net income
••% ROI
••••

Growth & Exit Strategy

How your investment grows over time

Freehold — 4%/yr appreciation in Ciutadella.

$8.6M$6.5M$4.3M$2.2M$0Yr 0Yr 5Yr 10Yr 15Yr 20Yr 25Yr 30Paid back2x ReturnToday: $900K
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 9: rental income alone has repaid the full purchase price.
2x return
Year 7: total gains (capital + rental) have doubled your initial investment.
Year 5
Capital Value
$1.1M
+22%
Rental Income
+$513K
Total Position
$1.6M
+79%
12.3%/yr
Year 10
Capital Value
$1.3M
+48%
Rental Income
+$1.1M
Total Position
$2.4M
+171%
10.5%/yr
Year 20
Capital Value
$2.0M
+119%
Rental Income
+$2.6M
Total Position
$4.6M
+408%
8.5%/yr
Year 30
Capital Value
$2.9M
+224%
Rental Income
+$4.6M
Total Position
$7.5M
+735%
7.3%/yr

Ask Brixfox AI

Conversational analysis — questions about this listing, answered from real data.

Try one of these

Create a free account to ask 2 free AI questions — Pro is unlimited.

Villa Scorecard

Location
••••
•••• •••• ••••
Rental Yield
••••
•••• •••• ••••
Occupancy
••••
•••• •••• ••••
Nightly Rate
••••
•••• •••• ••••
Visual Appeal
••••
•••• •••• ••••
Size & Space
••••
•••• •••• ••••
Zoning
••••
•••• •••• ••••
Tenure
••••
•••• •••• ••••

Upgrade to Pro to see full scorecard analysis

Risks & What-If

What if occupancy changes?

Owner Managed scenario

Upgrade to Pro to stress-test this yield across occupancy scenarios

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.