Detached house in Calle Buenos Aires, 51, Triana, Las Palmas de Gran Canaria
Detached house in Calle Buenos Aires, 51, Triana, Las Palmas de Gran Canaria — image 2Detached house in Calle Buenos Aires, 51, Triana, Las Palmas de Gran Canaria — image 3Detached house in Calle Buenos Aires, 51, Triana, Las Palmas de Gran Canaria — image 4Detached house in Calle Buenos Aires, 51, Triana, Las Palmas de Gran Canaria — image 5
Grade C+villamid-rangeLicence on register · VV-35-1-0021304

Detached house in Calle Buenos Aires, 51, Triana, Las Palmas de Gran Canaria

Las Palmas de Gran Canaria · Las Palmas de Gran Canaria · Las Palmas

€690,000

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.

0.5%

Net Yield (after tax, all-in)

indicative range 0.4–0.6%

0.5%

Managed ROI (after tax)

3.5%

Gross Yield

14%

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: €26,817/yr
Average Daily Rate: €556
Net Yield (after tax): 0.5%
Payback Period: 192.6 years
5-yr Capital Value: €799,899
10-yr Capital Value: €927,302
Brixfox Score: 45.3 / 100
Comparable Properties: 6
Data Confidence: 70%
Search Radius: 4 km

True Investment Cost

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

€774,733

+12.3% over asking

Asking price€690,000
itp€44,850
legal€7,383
furnishing€30,000
notary registry€2,500
All-in investment€774,733

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: 6
Bathrooms: 3
Building: 246 m²
Style: contemporary
Condition: excellent
Year Built: 1941
Energy Certificate: In process

Licence found on register at this location

A VV licence (VV-35-1-0021304) is on the Registro General Turístico de Canarias (viviendas vacacionales) within 50 m of this villa’s exact pin, with a registered capacity consistent with its bedrooms.

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

large windows with traditional shuttershigh ceilingsmodern minimalist kitchen optionsmid-century modern living room staging

AI Investment Summary

C+ investment in Las Palmas de Gran Canaria (Gran Canaria). Score 45.3/100. Net yield 0.5% after tax | Occupancy 14% | ADR $556 | No STR licence on record

Score Breakdown

ROI
2.08
Visual Appeal
13.4
Ownership Security
13
Location
8.4
Land & Space
6
Rental Demand
1.43
Payback Speed
0
STR Suitability
1

Description

Typical Canarian house for sale in Triana area. Engel & Völkers presents this typical Canarian house, built in 1941, with renovations underway and great potential to become the home of your dreams. A property with history, charm, and spacious areas distributed over two floors. On the ground floor, you will find two r

Location

📍 28.1069°, -15.4204°

Las Palmas de Gran Canaria, Las Palmas, Spain

Listed by Engel & Völkers Gran Canaria via Idealista.com

Price
$785,162
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6-bedroom freehold villa in Las Palmas de Gran Canaria — photo 1 of 5
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6-bedroom freehold villa in Las Palmas de Gran Canaria — photo 2 of 5
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6-bedroom freehold villa in Las Palmas de Gran Canaria — photo 4 of 5
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6-bedroom freehold villa in Las Palmas de Gran Canaria — photo 5 of 5
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Detached house in Calle Buenos Aires, 51, Triana, Las Palmas de Gran Canaria

Las Palmas de Gran Canaria · Canary Islands · Ref BF-10330Source · Idealista.com · listed 20 Jun 2026
Asking price
$785,162
Bedrooms
6
Bathrooms
3
Built area
246 m²
Brixfox Score 45 · C+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

A VV licence (VV-35-1-0021304) is on the Registro General Turístico de Canarias (viviendas vacacionales) within 50 m of this villa’s exact pin, with a registered capacity consistent with its bedrooms.

Source: Registro General Turístico de Canarias (viviendas vacacionales) · register read 28 Sept 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 Las Palmas de Gran Canaria — 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
$585
Expected booked rate (market-calibrated)
Expected occupancy
14%
Full-year estimate, market-calibrated
Projected annual revenue
$30,515
ADR × occupancy × 365
Comp data observed in USD · converted at €0.88/$
Seasonal occupancy pattern
Peak Aug +35% · Low Dec -25%
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· 7.9% of price, auto-calculated
$62,282
ITP (impuesto de transmisiones patrimoniales)$51,036
Notary, Registro & gestoría$2,845
Legal & due diligence$8,401
Renovation budget· no measured Spain basis — enter your own quote
€
Furniture & STR launch
€
All-in investment
$881,581
+12.3% 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.

Total return, if prices move

Net yield plus an appreciation assumption you choose. Appreciation is a forward-looking assumption, not data — which is why it defaults to 0% and is kept out of the yield figures above.
Annual appreciation assumption0%
0%4% · Las Palmas de Gran Canaria 5-yr avg — historical, not a forecast8%
Indicative total return
••/yr
••% net yield + 0% appreciation
Appreciation assumptions 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.
Evidence

Where it sits, and who confirms it

Comp table: Market evidence ↑ in Financials

Location

Approximate area

Las Palmas de Gran Canaria · Canary Islands

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Verdict

Score, and what could go wrong

Same net-yield basis as the financial analysis

Brixfox Score

45C
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Upgrade to Pro to see the full scorecard analysis.

Risk & what-if

ScenarioOccupancyNet income /yrNet yield
Expected14%••••••%
+10 pts occupancy24%••••••%
+16 pts occupancy30%••••••%
+26 pts occupancy40%••••••%

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
Payback45.9 yearsfrom net rent at the expected case
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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.