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Terraced house in Playa de Fañabé Alto, Adeje
Terraced house in Playa de Fañabé Alto, Adeje — image 2Terraced house in Playa de Fañabé Alto, Adeje — image 3Terraced house in Playa de Fañabé Alto, Adeje — image 4Terraced house in Playa de Fañabé Alto, Adeje — image 5
Grade B+villamid-range

Terraced house in Playa de Fañabé Alto, Adeje

Adeje · Adeje · Santa Cruz de Tenerife

€428,000

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.

5.3%

Net Yield (after tax, all-in)

5.3%

Managed ROI (after tax)

13.3%

Gross Yield

48%

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: €65,603/yr
Average Daily Rate: €402
+3.0% vs area baselineMediterranean-traditional style (+5%), No pool (-12%), Has sea (+10%)
Net Yield (after tax): 5.3%
Payback Period: 18.9 years
5-yr Capital Value: €496,169
10-yr Capital Value: €575,196
Brixfox Score: 68.4 / 100
Comparable Properties: 24
Data Confidence: 93%
Search Radius: 2 km

True Investment Cost

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

€492,900

+15.2% over asking

Asking price€428,000
itp€27,820
legal€4,580
furnishing€30,000
notary registry€2,500
All-in investment€492,900

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: 102 m²
Land: 188 m²
Style: mediterranean-traditional
Condition: good
Year Built: 2008
Energy Certificate: Not indicated
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

large terrace with seatingmountain and sea viewstraditional tapestry in living room

Score Breakdown

ROI
18.93
Visual Appeal
12.8
Ownership Security
13
Location
8.4
Land & Space
5.47
Rental Demand
4.83
Payback Speed
4
STR Suitability
1

Description

**Charming Townhouse in El Madroñal: A Coastal Retreat** Nestled in the serene El Madroñal area, this delightful townhouse offers a perfect blend of comfort and style. Situated on a very quiet street, this home boasts two floors of thoughtfully designed living space. Enter through a welcoming 12 m² terrace, leading yo

Location

📍 28.1227°, -16.7260°

Adeje, Santa Cruz de Tenerife, Spain

Visit Belfin Property →Listed via Idealista.com
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Belfin Property
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Terraced house in Playa de Fañabé Alto, Adeje

Adeje · Canary Islands · Ref BF-11270 Source verified · Belfin Property · listed 20 Jun 2026
Asking price · Freehold
$465,217
View original listing
Ownership
Freehold
Bedrooms
3
Bathrooms
3
Built area
102 m²
Land
188 m²
True net yield
5.3%
≈ $4,560/mo net after costs & tax
5-yr total return (net + appreciation)
12.9% / yr avg
Payback in ~19 yrs from rent
Brixfox Score 68 · B+
Modelled from Airbnb listings we track across Adeje — live calendar data. Projections are estimates, not financial advice.

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)
$437/night
50% ($219)Brixfox estimate($437/night)200% ($874)
Occupancy
48%
10%Brixfox estimate(48%)100%

Short-Term Rental

Moderate confidence
Yearly income
$39,932
Likely range $28,751 – $51,113
Airbnb data$437/night · 48% occupancy
Rental income
$437/night · 48% occ.
$71,308
Running costs (20%)
Utilities, cleaning, maintenance
-$14,262
Income tax (24%)
Non-EU IRNR on gross rent
-$17,114
Net income
8.6% ROI
$39,932

Growth & Exit Strategy

How your investment grows over time

Freehold — 4%/yr appreciation in Adeje.

$3.6M$2.7M$1.8M$902K$0Yr 0Yr 5Yr 10Yr 15Yr 20Yr 25Yr 30Paid back2x ReturnToday: $428K
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.
Paid back
Year 11: rental income alone has repaid the full purchase price.
2x return
Year 8: total gains (capital + rental) have doubled your initial investment.
Year 5
Capital Value
$521K
+22%
Rental Income
+$195K
Total Position
$716K
+67%
10.8%/yr
Year 10
Capital Value
$634K
+48%
Rental Income
+$421K
Total Position
$1.1M
+146%
9.4%/yr
Year 20
Capital Value
$938K
+119%
Rental Income
+$987K
Total Position
$1.9M
+350%
7.8%/yr
Year 30
Capital Value
$1.4M
+224%
Rental Income
+$1.7M
Total Position
$3.1M
+633%
6.9%/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
Strong
8.6% annual return
Occupancy
Average
48% average occupancy
Nightly Rate
Strong
$402 per night
Visual Appeal
Good
7/10 instagrammability
Size & Space
Average
188 m² land area
Zoning
Average
STR zoning not confirmed
Tenure
Strong
Freehold ownership

Top Highlights

High rental yield at 8.6% — outperforms most villas in this market
Premium nightly rate of $402 — positioned in the top tier
Freehold ownership — maximum long-term security

Watch Out

Secondary location — rental demand may be lower than premium areas
Occupancy at 48% — factor in seasonal gaps

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

Risks & What-If

What if occupancy changes?

Owner Managed scenario

30% occ.
5.8%
$2,234/mo
40% occ.
7.7%
$2,979/mo
48% occ.
9.3%
$3,594/mo
current
58% occ.
11.2%
$4,339/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.