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Terraced house in Calle Alcojora, 6, La Caleta, Adeje
Terraced house in Calle Alcojora, 6, La Caleta, Adeje — image 2Terraced house in Calle Alcojora, 6, La Caleta, Adeje — image 3Terraced house in Calle Alcojora, 6, La Caleta, Adeje — image 4Terraced house in Calle Alcojora, 6, La Caleta, Adeje — image 5
Grade C+villaluxury

Terraced house in Calle Alcojora, 6, La Caleta, Adeje

Adeje · Adeje · Santa Cruz de Tenerife

€1.9M

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.

0.0%

Net Yield (after tax, all-in)

0.0%

Managed ROI (after tax)

1.2%

Gross Yield

24%

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: €24,359/yr
Average Daily Rate: €305
+36.0% vs area baselineImage quality 9/10 (+6%), Modern/contemporary style (+12%), Has pool (0%), Has sea (+10%), Luxury finish (+8%)
Net Yield (after tax): 0.0%
Payback Period: 99.0 years
5-yr Capital Value: €2.2M
10-yr Capital Value: €2.6M
Brixfox Score: 46.8 / 100

True Investment Cost

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

€2.1M

+8.7% over asking

Asking price€1.9M
itp€125,125
legal€10,700
furnishing€30,000
notary registry€2,500
All-in investment€2.1M

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: 2
Bathrooms: 2
Building: 316 m²
Land: 316 m²
Style: modern
Condition: excellent
Year Built: 2025
Energy Certificate: B
Private Pool
sea

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

infinity poolstone accent wallslarge outdoor living spacesmodern outdoor furniture

Score Breakdown

ROI
0
Visual Appeal
15.6
Ownership Security
13
Location
8.4
Land & Space
6.39
Rental Demand
2.36
Payback Speed
0
STR Suitability
1

Description

Elegant two-bedroom corner villa in the Hotel Royal Hideaway Corales Villas 5*GL. Located within one of the most exclusive hotel environments in La Caleta, this refined two-bedroom corner villa offers the perfect balance between private ownership, luxury hotel services and professional rental management. The property

Location

📍 28.1147°, -16.7473°

Adeje, Santa Cruz de Tenerife, Spain

Visit Reyes Property →Listed via Idealista.com
2-bedroom freehold villa in Adeje — photo 1 of 5
Reyes Property
2-bedroom freehold villa in Adeje — photo 2 of 5
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2-bedroom freehold villa in Adeje — photo 5 of 5

Terraced house in Calle Alcojora, 6, La Caleta, Adeje

Adeje · Canary Islands · Ref BF-10818 Source verified · Reyes Property · listed 20 Jun 2026
Asking price · Freehold
$2,092,391
View original listing
Ownership
Freehold
Bedrooms
2
Bathrooms
2
Built area
316 m²
Land
316 m²
5-yr total return (net + appreciation)
5.0% / yr avg
Payback in ~99 yrs from rent
Brixfox Score 47 · 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

Adeje

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)
$331/night
50% ($166)Brixfox estimate($331/night)200% ($663)
Occupancy
24%
10%Brixfox estimate(24%)100%

Short-Term Rental

Indicative
Yearly income
$14,827
Likely range $8,897 – $20,758
Airbnb data$331/night · 24% occupancy
Rental income
$331/night · 24% occ.
$26,477
Running costs (20%)
Utilities, cleaning, maintenance
-$5,295
Income tax (24%)
Non-EU IRNR on gross rent
-$6,355
Net income
0.7% ROI
$14,827

Growth & Exit Strategy

How your investment grows over time

Freehold — 4%/yr appreciation in Adeje.

$7.9M$5.9M$4.0M$2.0M$0Yr 0Yr 5Yr 10Yr 15Yr 20Yr 25Yr 302x ReturnToday: $1.9M
Capital appreciation
Property value growing at +4%/yr based on Adeje 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.
2x return
Year 16: total gains (capital + rental) have doubled your initial investment.
Year 5
Capital Value
$2.3M
+22%
Rental Income
+$72K
Total Position
$2.4M
+25%
4.6%/yr
Year 10
Capital Value
$2.8M
+48%
Rental Income
+$156K
Total Position
$3.0M
+56%
4.6%/yr
Year 20
Capital Value
$4.2M
+119%
Rental Income
+$367K
Total Position
$4.6M
+138%
4.4%/yr
Year 30
Capital Value
$6.2M
+224%
Rental Income
+$649K
Total Position
$6.9M
+258%
4.3%/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
Weak
0.7% annual return
Occupancy
Weak
24% average occupancy
Nightly Rate
Strong
$305 per night
Visual Appeal
Strong
9/10 instagrammability
Size & Space
Good
316 m² land area
Zoning
Average
STR zoning not confirmed
Tenure
Strong
Freehold ownership

Top Highlights

Premium nightly rate of $305 — positioned in the top tier
Stunning visuals with 9/10 instagrammability — commands premium nightly rates
Freehold ownership — maximum long-term security

Watch Out

Secondary location — rental demand may be lower than premium areas
Yield of 0.7% is below 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.
1.0%
$1,693/mo
40% occ.
1.3%
$2,257/mo
24% occ.
0.8%
$1,335/mo
current
34% occ.
1.1%
$1,899/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.