Terraced house in Calle Majanicho, Lajares, La Oliva
Terraced house in Calle Majanicho, Lajares, La Oliva — image 2Terraced house in Calle Majanicho, Lajares, La Oliva — image 3Terraced house in Calle Majanicho, Lajares, La Oliva — image 4Terraced house in Calle Majanicho, Lajares, La Oliva — image 5
Grade Avillamid-range

Terraced house in Calle Majanicho, Lajares, La Oliva

La Oliva · La Oliva · Las Palmas

€369,000

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.

5.4%

Net Yield (after tax, all-in)

5.4%

Managed ROI (after tax)

13.9%

Gross Yield

70%

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: €59,511/yr
Average Daily Rate: 252
+3.0% vs area baselineMediterranean-traditional style (+5%), No pool (-12%), Has ocean (+10%)
Net Yield (after tax): 5.4%
Payback Period: 18.4 years
5-yr Capital Value: €427,772
10-yr Capital Value: €495,905
Brixfox Score: 75.7 / 100
Comparable Properties: 13
Data Confidence: 85%
Search Radius: 2 km

True Investment Cost

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

€429,433

+16.4% over asking

Asking price€369,000
itp€23,985
legal€3,948
furnishing€30,000
notary registry€2,500
All-in investment€429,433

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: 3
Building: 90
Land: 300
Style: mediterranean-traditional
Condition: good
Energy Certificate: E
ocean

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

red-tiled-roofsocean-proximityelephant-statue-in-distance

AI Investment Summary

A investment in La Oliva (Fuerteventura). Score 75.7/100. Net yield 5.4% after tax | Occupancy 70% | ADR $252 | No STR licence on record

Score Breakdown

ROI
19.32
Visual Appeal
12.8
Ownership Security
13
Location
9.84
Land & Space
8.8
Rental Demand
6.98
Payback Speed
4
STR Suitability
1

Description

Exclusive opportunity in OrigoMare, Majanicho: Two connected homes in an environment of absolute tranquility with sea and mountain views. We present a unique, fully furnished property with high-quality furniture, full of character, located in the prestigious OrigoMare complex in Majanicho—an area renowned for its peac

Location

📍 28.6820°, -13.9318°

La Oliva, Las Palmas, Spain

Visit Destiny HomeListed via Idealista.com
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Terraced house in Calle Majanicho, Lajares, La Oliva

La Oliva · Canary Islands · Ref BF-12715Source · Destiny Home · listed 20 Jun 2026
Asking price
$419,891
View original listing
Bedrooms
2
Bathrooms
3
Built area
90 m²
Land
300 m²
Brixfox Score 76 · A
Modelled from Airbnb listings we track across La Oliva — live calendar data. Projections are estimates, not financial advice.

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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

La Oliva

Canary Islands, Approximate area

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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.

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Nightly Rate (ADR)
$287/night
50% ($144)Brixfox estimate($287/night)200% ($574)
Occupancy
70%
10%Brixfox estimate(70%)100%

Short-Term Rental

Moderate confidence
Yearly income
$37,922
Likely range $27,304$48,540
Airbnb data$287/night · 70% occupancy
Rental income
$287/night · 70% occ.
$67,718
Running costs (20%)
Utilities, cleaning, maintenance
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Income tax (24%)
Non-EU IRNR on gross rent
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Net income
••% ROI
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Growth & Exit Strategy

How your investment grows over time

Freehold — 4%/yr appreciation in La Oliva.

$3.2M$2.4M$1.6M$800K$0Yr 0Yr 5Yr 10Yr 15Yr 20Yr 25Yr 30Paid back2x ReturnToday: $369K
Capital appreciation
Property value growing at +4%/yr based on La Oliva 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
$449K
+22%
Rental Income
+$177K
Total Position
$626K
+70%
11.1%/yr
Year 10
Capital Value
$546K
+48%
Rental Income
+$382K
Total Position
$928K
+152%
9.7%/yr
Year 20
Capital Value
$809K
+119%
Rental Income
+$895K
Total Position
$1.7M
+362%
7.9%/yr
Year 30
Capital Value
$1.2M
+224%
Rental Income
+$1.6M
Total Position
$2.8M
+654%
7.0%/yr

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Villa Scorecard

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Risks & What-If

What if occupancy changes?

Owner Managed scenario

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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.