Terraced house in Av. de Papagayo, 50, Marina Rubicón, Yaiza
Terraced house in Av. de Papagayo, 50, Marina Rubicón, Yaiza — image 2Terraced house in Av. de Papagayo, 50, Marina Rubicón, Yaiza — image 3Terraced house in Av. de Papagayo, 50, Marina Rubicón, Yaiza — image 4Terraced house in Av. de Papagayo, 50, Marina Rubicón, Yaiza — image 5
Grade B+villamid-rangeLicence on register

Terraced house in Av. de Papagayo, 50, Marina Rubicón, Yaiza

Yaiza · Yaiza · Las Palmas

€425,000

Asking Price (EUR)

Licence regime in this region

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.

4.5%

Net Yield (after tax, all-in)

4.5%

Managed ROI (after tax)

11.8%

Gross Yield

59%

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: €57,861/yr
Average Daily Rate: €290
Net Yield (after tax): 4.5%
Payback Period: 22.1 years
5-yr Capital Value: €492,691
10-yr Capital Value: €571,164
Brixfox Score: 67.3 / 100
Comparable Properties: 135
Data Confidence: 97%
Search Radius: 2 km

True Investment Cost

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

€489,673

+15.2% over asking

Asking price€425,000
itp€27,625
legal€4,548
furnishing€30,000
notary registry€2,500
All-in investment€489,673

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: 3
Bathrooms: 3
Building: 88 m²
Land: 155 m²
Style: contemporary
Condition: good
Year Built: 2005
Energy Certificate: E
Private Pool

Licence found on register at this location

12 VV licences are on the Registro General Turístico de Canarias (viviendas vacacionales) within 50 m of this villa’s exact pin — a licensed building or complex. Which unit holds which licence cannot be told from a pin.

A register hit means a licence exists at this location, not that it transfers with the sale: have a Spanish lawyer verify the transfer clause in the deed, the licence’s current status and the municipality’s renewal position before you commit.

Design Features

private poolmodern kitchen with breakfast baroutdoor lounge area

AI Investment Summary

B+ investment in Yaiza (Lanzarote). Score 67.3/100. Net yield 4.5% after tax | Occupancy 59% | ADR $290 | No STR licence on record | Pool

Score Breakdown

ROI
16.56
Visual Appeal
12.8
Ownership Security
13
Location
10.2
Land & Space
4.83
Rental Demand
5.9
Payback Speed
3
STR Suitability
1

Description

Stylish 3 Bedroom Terraced Villa In Playa Blanca With Great Views Of The Sea And The Mountains Lanzarote Agents is delighted to exclusively present this beautifully maintained terraced villa, ideally located in one of the most desirable areas of Playa Blanca, at just a 5-minute walk from the beach and the picturesque

Location

📍 28.8611°, -13.8065°

Yaiza, Las Palmas, Spain

Listed by Lanzarote Agents via Idealista.com

Price
$483,614
ReportInquire
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Terraced house in Av. de Papagayo, 50, Marina Rubicón, Yaiza

Yaiza · Canary Islands · Ref BF-100304Source · Lanzarote Agents · listed 8 Aug 2026
Asking price
$483,614
Want this analysis as an underwriting report (PDF)?

The page’s own figures, line by line · Every purchase cost and the all-in total · Occupancy and offer-price what-ifs · Spain ownership, tax and letting rules

Bedrooms
3
Bathrooms
3
Built area
88 m²
Land
155 m²
Brixfox Score 67 · B+Financial analysis ↓

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Licence regime in this region

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.

Licence found on register at this location

medium confidence

12 VV licences are on the Registro General Turístico de Canarias (viviendas vacacionales) within 50 m of this villa’s exact pin — a licensed building or complex. Which unit holds which licence cannot be told from a pin.

Source: Registro General Turístico de Canarias (viviendas vacacionales) · register read 15 Oct 2026 · check the register →

A register hit means a licence exists at this location, not that it transfers with the sale: have a Spanish lawyer verify the transfer clause in the deed, the licence’s current status and the municipality’s renewal position before you commit.

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.

Financials

What it earns, what it costs to own, and the net yield

Financial analysis
· Brixfox Standard · Non-resident · Fully managed
Fully managed is the Brixfox Standard shown on every card: a full-service manager's commission, charged on top of the Airbnb/Booking channel fees (not the cleaning cost — changeovers are funded by guest cleaning fees; you bear the residual). Self-managed drops the commission; the channel fees stay, because the platform is paid whoever manages, and you pay staff/local operations, a higher cleaning residual and your own time directly. Both scenarios divide the SAME gross revenue — the toggle changes the cost stack, not the revenue. That revenue is observed from actively-operated comps, so self-managed assumes you match their performance.Both scenarios share the same projected revenue — the toggle changes who runs the property and what that costs, not what it earns.
Net yieldNet operating income ÷ all-in investment. After local operating taxes; before home-country personal tax and financing costs. Modelled from observed market performance of comparable Airbnb listings.
Gross yield · all-in basis
Before tax in your home country and financing costs. Estimates, not financial advice.
Modelled from Airbnb listings we track across Yaiza — live calendar data.

No Airbnb match on file

We have not confirmed this exact property on Airbnb, so it carries no operating history here. The figures above rest on the comparable set — a launch scenario, not a track record.

Revenue assumptions

Derived from the comparable Airbnb listings below. The headline ADR is the expected BOOKED rate — nearby asking prices corrected by our measured, market-calibrated asking-to-booked factor. Occupancy is calibrated against tracked reference homes nearby. Comp cards below show raw asking prices.
Expected ADR
$306
Expected booked rate (market-calibrated)
Expected occupancy
59%
Full-year estimate, market-calibrated
Projected annual revenue
$65,841
ADR × occupancy × 365
Comp data observed in USD · converted at €0.88/$
Seasonal occupancy pattern
Peak Feb +18% · Low May -19%
J
F
M
A
M
J
J
A
S
O
N
D
Modelled monthly index (relative to the annual average) — replaced by measured per-market indices as calendar history matures.

Investment basis

The true all-in acquisition cost — asking price plus purchase costs, renovation and furnishing. Every yield on this page is computed against this total, not the asking price.
Adjust the figures to your deal — yields recalculate live.
Purchase price· asking
€
Acquisition costs· 8.2% of price, auto-calculated
$39,455
ITP (impuesto de transmisiones patrimoniales)$31,435
Notary, Registro & gestoría$2,845
Legal & due diligence$5,175
Renovation budget· no measured Spain basis — enter your own quote
€
Furniture & STR launch
€
All-in investment
$557,206
+15.2% over asking
Fully managed scenarioSwitch the scenario with the toggle at the top of the financial analysis — it drives every figure in this section. Gross revenue is identical in both scenarios (the comps' observed performance); the Villa Scorecard and risk panels elsewhere on the page always quote the fully-managed Brixfox Standard.
Gross annual revenue
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Rental management
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Booking channel fees
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Cleaning & consumables
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Utilities (electricity, water, pool, garden)
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Property tax (IBI)
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Maintenance reserve
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Insurance
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Accounting & Modelo 210 filing
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IRNR (non-resident income tax)
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Net operating income
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Net yield on all-in investment
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IRNR is charged here at the non-EU/EEA non-resident rate on the net letting profit (Modelo 210). An EU or EEA resident owner pays 19% on the same base. Financing is not modelled.

Rental yield + value growth

Your net rental yield plus a yearly rise in the property's market value (land and building) that you choose. Value growth is an assumption, not data — which is why it starts at 0% and is kept out of the yield figures above.
Property value growth per year · your assumption0%
0%4% · Yaiza 5-yr avg — historical, not a forecast8%
Yield + value growth
••/yr
••% net yield + 0% value growth
Value growth figures are illustrative only. Past regional price growth does not predict future performance; local supply, regulation and currency moves can materially change outcomes. Not financial advice.
Want this analysis as an underwriting report (PDF)?

The page’s own figures, line by line · Every purchase cost and the all-in total · Occupancy and offer-price what-ifs · Spain ownership, tax and letting rules

Evidence

Where it sits, and who confirms it

Comp table: Market evidence ↑ in Financials

Location

Approximate area

Yaiza · Canary Islands

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Verdict

Score, and what could go wrong

Same net-yield basis as the financial analysis

Brixfox Score

67B
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Upgrade to Pro to see the full scorecard analysis.

Risk & what-if

ScenarioOccupancyNet income /yrNet yield
-20 pts occupancy39%••••••%
-10 pts occupancy49%••••••%
Expected59%••••••%
+10 pts occupancy69%••••••%

Brixfox Standard · Non-resident · Fully managed · net yield on all-in cost · upgrade to Pro to stress-test this yield

TenureFreeholdno lease decay · no amortisation
Payback13.1 yearsfrom net rent at the expected case
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Property Underwriting Report

PDF report · one-time purchase · this property

  • The page’s own figures, line by line
  • Every purchase cost and the all-in total
  • Occupancy and offer-price what-ifs
  • Spain ownership, tax and letting rules
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Modelled from live Airbnb calendar data around this property · operating costs per line, editable in the P&L · estimates, not financial advice.Data sources & methodology ›

ROI calculations use verified Brixfox Intelligence rental data. Operating costs are modelled per line — Airbnb/Booking channel fees whoever manages, then either a full-service management commission or the staff/local operations a self-managing owner buys back, cleaning residual, utilities & insurance, local taxes — with every rate editable in the Financial analysis P&L above. Gross revenue is identical in both management scenarios. Market factors in Spain may impact actual yields.