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Detached house in Calle Noruega, Montaña Roja, Yaiza
Detached house in Calle Noruega, Montaña Roja, Yaiza — image 2Detached house in Calle Noruega, Montaña Roja, Yaiza — image 3Detached house in Calle Noruega, Montaña Roja, Yaiza — image 4Detached house in Calle Noruega, Montaña Roja, Yaiza — image 5
Grade B+villamid-range

Detached house in Calle Noruega, Montaña Roja, Yaiza

Yaiza · Yaiza · Las Palmas

€720,000

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.

Limited comps — indicative only

Revenue projections are based on limited comparable data (0 comps, low confidence).

6.8%

Net Yield (after tax, all-in)

indicative range 5.0–8.6%

6.8%

Managed ROI (after tax)

15.4%

Gross Yield

45%

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: €123,986/yr
Average Daily Rate: €810
+15.0% vs area baselineMediterranean-traditional style (+5%), Has pool (0%), Has mountain (+10%)
Net Yield (after tax): 6.8%
Payback Period: 14.7 years
5-yr Capital Value: €834,677
10-yr Capital Value: €967,620
Brixfox Score: 73.3 / 100

True Investment Cost

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

€807,004

+12.1% over asking

Asking price€720,000
itp€46,800
legal€7,704
furnishing€30,000
notary registry€2,500
All-in investment€807,004

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: 5
Bathrooms: 3
Building: 225 m²
Land: 1100 m²
Style: mediterranean-traditional
Condition: good
Year Built: 1988
Energy Certificate: F
Private Pool
mountain

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

curved swimming poolwhite washed architecturepalm trees

Score Breakdown

ROI
22.58
Visual Appeal
12.8
Ownership Security
13
Location
8.4
Land & Space
6
Rental Demand
4.53
Payback Speed
5
STR Suitability
1

Description

Canham Real Estate introduce to the market this impressive detached villa, offering 5 spacious bedrooms and 3 bathrooms, perfectly positioned on a generous private plot within a peaceful residential area of Playa Blanca. Combining privacy, comfort, and stunning mountain views, this exceptional property presents an idea

Location

📍 28.8686°, -13.8463°

Yaiza, Las Palmas, Spain

Visit Canham Real Estate →Listed via Idealista.com
5-bedroom freehold villa in Yaiza — photo 1 of 5
Canham Real Estate
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5-bedroom freehold villa in Yaiza — photo 5 of 5

Detached house in Calle Noruega, Montaña Roja, Yaiza

Yaiza · Canary Islands · Ref BF-12169 Source verified · Canham Real Estate · listed 1 Jul 2026
Asking price · Freehold
$782,609
View original listing
Ownership
Freehold
Bedrooms
5
Bathrooms
3
Built area
225 m²
Land
1100 m²
True net yield
6.8%
≈ $9,135/mo net after costs & tax
5-yr total return (net + appreciation)
14.0% / yr avg
Payback in ~15 yrs from rent
Brixfox Score 73 · B+

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

Yaiza

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)
$880/night
50% ($440)Brixfox estimate($880/night)200% ($1,761)
Occupancy
45%
10%Brixfox estimate(45%)100%

Short-Term Rental

Indicative
Yearly income
$75,470
Likely range $45,282 – $105,658
Airbnb data$880/night · 45% occupancy
Rental income
$880/night · 45% occ.
$134,767
Running costs (20%)
Utilities, cleaning, maintenance
-$26,953
Income tax (24%)
Non-EU IRNR on gross rent
-$32,344
Net income
9.6% ROI
$75,470

Growth & Exit Strategy

How your investment grows over time

Freehold — 4%/yr appreciation in Yaiza.

$6.5M$4.9M$3.2M$1.6M$0Yr 0Yr 5Yr 10Yr 15Yr 20Yr 25Yr 30Paid back2x ReturnToday: $720K
Capital appreciation
Property value growing at +4%/yr based on Yaiza 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 10: rental income alone has repaid the full purchase price.
2x return
Year 7: total gains (capital + rental) have doubled your initial investment.
Year 5
Capital Value
$876K
+22%
Rental Income
+$369K
Total Position
$1.2M
+73%
11.6%/yr
Year 10
Capital Value
$1.1M
+48%
Rental Income
+$796K
Total Position
$1.9M
+159%
10.0%/yr
Year 20
Capital Value
$1.6M
+119%
Rental Income
+$1.9M
Total Position
$3.4M
+378%
8.1%/yr
Year 30
Capital Value
$2.3M
+224%
Rental Income
+$3.3M
Total Position
$5.6M
+683%
7.1%/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.

Try one of these

Villa Scorecard

Location
Average
Emerging or secondary location
Rental Yield
Strong
9.6% annual return
Occupancy
Average
45% average occupancy
Nightly Rate
Strong
$810 per night
Visual Appeal
Good
7/10 instagrammability
Size & Space
Strong
1100 m² land area
Zoning
Average
STR zoning not confirmed
Tenure
Strong
Freehold ownership

Top Highlights

High rental yield at 9.6% — outperforms most villas in this market
Premium nightly rate of $810 — positioned in the top tier
Generous 1100 m² land — room for expansion or amenities

Watch Out

Secondary location — rental demand may be lower than premium areas
Occupancy at 45% — factor in seasonal gaps

This villa is a strong investment. High rental demand and good returns make it suitable for both active and passive investors.

Risks & What-If

What if occupancy changes?

Owner Managed scenario

30% occ.
6.9%
$4,498/mo
40% occ.
9.2%
$5,998/mo
45% occ.
10.4%
$6,792/mo
current
55% occ.
12.7%
$8,292/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.