Estate in Me-24, Cala Blanca, Ciutadella de Menorca
Estate in Me-24, Cala Blanca, Ciutadella de Menorca — image 2Estate in Me-24, Cala Blanca, Ciutadella de Menorca — image 3Estate in Me-24, Cala Blanca, Ciutadella de Menorca — image 4Estate in Me-24, Cala Blanca, Ciutadella de Menorca — image 5
Grade B+villabudget

Estate in Me-24, Cala Blanca, Ciutadella de Menorca

Ciutadella · Ciutadella · Illes Balears

€1.4M

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.

4.6%

Net Yield (after tax, all-in)

indicative range 3.8–5.5%

4.6%

Managed ROI (after tax)

10.7%

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: €164,704/yr
Average Daily Rate: €684
-12.0% vs area baselineImage quality 6/10 (-3%), Mediterranean-traditional style (+5%), No pool (-12%), Has countryside (+10%), Budget finish (-12%)
Net Yield (after tax): 4.6%
Payback Period: 21.6 years
5-yr Capital Value: €1.6M
10-yr Capital Value: €1.8M
Brixfox Score: 72.4 / 100
Comparable Properties: 5
Data Confidence: 59%
Search Radius: 6 km

True Investment Cost

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

€1.5M

+13.1% over asking

Asking price€1.4M
itp€133,800
legal€12,100
furnishing€30,000
notary registry€2,500
All-in investment€1.5M

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: 5
Bathrooms: 4
Building: 634 m²
Land: 72634 m²
Style: mediterranean-traditional
Condition: fair
Year Built: 1899
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 tiled roofarched entrancebalcony with tiled roofvine-covered facade

AI Investment Summary

B+ investment in Ciutadella (Menorca). Score 72.4/100. Net yield 4.6% after tax | Occupancy 71% | ADR $684 | No STR licence on record

Score Breakdown

ROI
16.86
Visual Appeal
10.8
Ownership Security
13
Location
8.64
Land & Space
12
Rental Demand
7.12
Payback Speed
3
STR Suitability
1

Description

Discover this historic dream estate in Menorca, with 7 hectares of land and the authentic charm of an 18th century country house. Upon arrival, an idyllic pine-lined path leads you to the impressive main house, built with robust walls of local sandstone extracted from the estate itself. The house has been carefully re

Location

📍 39.9596°, 3.8422°

Ciutadella, Illes Balears, Spain

Visit Property Partners Menorca →Listed via Idealista.com
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Estate in Me-24, Cala Blanca, Ciutadella de Menorca

Ciutadella · Balearic Islands · Ref BF-6507Source · Property Partners Menorca · listed 17 Jun 2026
Asking price
$1,553,254
View original listing
Bedrooms
5
Bathrooms
4
Built area
634 m²
Land
72634 m²
Brixfox Score 72 · 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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Nightly Rate (ADR)
$778/night
50% ($389)Brixfox estimate($778/night)200% ($1,557)
Occupancy
71%
10%Brixfox estimate(71%)100%

Short-Term Rental

Indicative
Yearly income
$104,955
Likely range $62,973 – $146,937
Airbnb data$778/night · 71% occupancy
Rental income
$778/night · 71% occ.
$187,419
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 Ciutadella.

$10.1M$7.6M$5.1M$2.5M$0Yr 0Yr 5Yr 10Yr 15Yr 20Yr 25Yr 30Paid back2x ReturnToday: $1.4M
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 13: rental income alone has repaid the full purchase price.
2x return
Year 9: total gains (capital + rental) have doubled your initial investment.
Year 5
Capital Value
$1.7M
+22%
Rental Income
+$490K
Total Position
$2.2M
+58%
9.5%/yr
Year 10
Capital Value
$2.0M
+48%
Rental Income
+$1.1M
Total Position
$3.1M
+125%
8.5%/yr
Year 20
Capital Value
$3.0M
+119%
Rental Income
+$2.5M
Total Position
$5.5M
+301%
7.2%/yr
Year 30
Capital Value
$4.4M
+224%
Rental Income
+$4.4M
Total Position
$8.8M
+546%
6.4%/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.