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Terraced house in Calle Luis montull, Tamaraceite, Las Palmas de Gran Canaria
Terraced house in Calle Luis montull, Tamaraceite, Las Palmas de Gran Canaria — image 2Terraced house in Calle Luis montull, Tamaraceite, Las Palmas de Gran Canaria — image 3Terraced house in Calle Luis montull, Tamaraceite, Las Palmas de Gran Canaria — image 4Terraced house in Calle Luis montull, Tamaraceite, Las Palmas de Gran Canaria — image 5
Grade Cvillamid-range

Terraced house in Calle Luis montull, Tamaraceite, Las Palmas de Gran Canaria

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

€290,000

Asking Price (EUR)

STR Restriction Warning

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.

0.3%

Net Yield (after tax, all-in)

0.3%

Managed ROI (after tax)

4.7%

Gross Yield

28%

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: €16,038/yr
Average Daily Rate: €172
-10.0% vs area baselineImage quality 6/10 (-3%), Mediterranean-traditional style (+5%), No pool (-12%)
Net Yield (after tax): 0.3%
Payback Period: 311.3 years
5-yr Capital Value: €336,189
10-yr Capital Value: €389,736
Brixfox Score: 37.9 / 100

True Investment Cost

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

€344,560

+18.8% over asking

Asking price€290,000
itp€18,850
legal€3,210
furnishing€30,000
notary registry€2,500
All-in investment€344,560

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: 2
Building: 88 m²
Land: 87 m²
Style: mediterranean-traditional
Condition: good
Energy Certificate: Not indicated

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

large covered patio with dining areastone accent wall in living roomdecorative mirror in living room

Score Breakdown

ROI
1.28
Visual Appeal
8.8
Ownership Security
13
Location
8.4
Land & Space
2.71
Rental Demand
2.75
Payback Speed
0
STR Suitability
1

Description

The perfect home in Tamaraceite center – layout, brightness and quality of life For sale chalet in Tamaraceite center, a home that stands out from the very beginning for its excellent layout and great natural light, located in one of the fastest-growing areas with all services nearby. The property offers 88 m² built

Location

📍 28.0997°, -15.4735°

Las Palmas de Gran Canaria, Las Palmas, Spain

Listed by Strategic Lab sl via Idealista.com
3-bedroom freehold villa in Las Palmas de Gran Canaria — photo 1 of 5
Idealista.com
3-bedroom freehold villa in Las Palmas de Gran Canaria — photo 2 of 5
3-bedroom freehold villa in Las Palmas de Gran Canaria — photo 3 of 5
3-bedroom freehold villa in Las Palmas de Gran Canaria — photo 4 of 5
3-bedroom freehold villa in Las Palmas de Gran Canaria — photo 5 of 5

Terraced house in Calle Luis montull, Tamaraceite, Las Palmas de Gran Canaria

Las Palmas de Gran Canaria · Canary Islands · Ref BF-10393 Source verified · Idealista.com · listed 20 Jun 2026
Asking price · Freehold
$315,217
Ownership
Freehold
Bedrooms
3
Bathrooms
2
Built area
88 m²
Land
87 m²
True net yield
0.3%
≈ $587/mo net after costs & tax
5-yr total return (net + appreciation)
7.4% / yr avg
Payback in ~311 yrs from rent
Brixfox Score 38 · C

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

Las Palmas de Gran Canaria

Canary Islands, Approximate area

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Airbnb Comp Analysis

Finding Airbnb comps...

STR Restriction Warning

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.

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)
$187/night
50% ($94)Brixfox estimate($187/night)200% ($375)
Occupancy
28%
10%Brixfox estimate(28%)100%

Short-Term Rental

Indicative
Yearly income
$9,762
Likely range $5,858 – $13,667
Airbnb data$187/night · 28% occupancy
Rental income
$187/night · 28% occ.
$17,433
Running costs (20%)
Utilities, cleaning, maintenance
-$3,487
Income tax (24%)
Non-EU IRNR on gross rent
-$4,184
Net income
3.1% ROI
$9,762

Growth & Exit Strategy

How your investment grows over time

Freehold — 4%/yr appreciation in Las Palmas de Gran Canaria.

$1.6M$1.2M$787K$393K$0Yr 0Yr 5Yr 10Yr 15Yr 20Yr 25Yr 30Paid back2x ReturnToday: $290K
Capital appreciation
Property value growing at +4%/yr based on Las Palmas de Gran Canaria 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
$353K
+22%
Rental Income
+$48K
Total Position
$401K
+38%
6.7%/yr
Year 10
Capital Value
$429K
+48%
Rental Income
+$103K
Total Position
$532K
+84%
6.3%/yr
Year 20
Capital Value
$635K
+119%
Rental Income
+$241K
Total Position
$877K
+202%
5.7%/yr
Year 30
Capital Value
$941K
+224%
Rental Income
+$427K
Total Position
$1.4M
+372%
5.3%/yr
Turnkey Management

Your property, professionally managed

Buying from abroad? You won't lift a finger. A vetted local management partner is already connected to this listing — ready to run it as a short-stay rental from day one, so the Managed projections above are something you can actually rely on.

Vetted by Brixfox 6+ yrs operating 90+ properties managed ~2h guest response

Mediterráneo Stays

Vetted

Licensed VUT/VV management on the Costas & islands

21%
Management fee
of rental revenue — already in your Managed figures

Vivienda de uso turístico management for overseas owners. Regional licensing, national registry (Registro Único) and full guest operations.

What the fee covers

  • Listing setup & optimisation (Airbnb, Booking.com, VRBO)
  • Dynamic pricing & revenue management
  • 24/7 multilingual guest communication
  • Guided check-in / check-out & key handling
  • Professional cleaning, laundry & restocking
  • Maintenance & repairs coordination
  • Monthly owner statements & payouts
  • Guest screening & damage protection
  • Regional STR licence (VUT/VV/HUT) & national registry handling
  • Pool & garden upkeep
Visit Mediterráneo Stays

Ask Brixfox AI

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

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Villa Scorecard

Location
Average
Emerging or secondary location
Rental Yield
Average
3.1% annual return
Occupancy
Weak
28% average occupancy
Nightly Rate
Good
$172 per night
Visual Appeal
Average
5/10 instagrammability
Size & Space
Weak
87 m² land area
Zoning
Average
STR zoning not confirmed
Tenure
Strong
Freehold ownership

Top Highlights

Freehold ownership — maximum long-term security

Watch Out

Secondary location — rental demand may be lower than premium areas
Yield of 3.1% is near the market average — model your cashflow carefully

Consider carefully. Returns are below market average for this price point.

Risks & What-If

What if occupancy changes?

Owner Managed scenario

30% occ.
3.6%
$957/mo
40% occ.
4.9%
$1,276/mo
28% occ.
3.3%
$879/mo
current
38% occ.
4.6%
$1,198/mo

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.