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Detached house in Calle Avutarda, Corralejo, La Oliva
Detached house in Calle Avutarda, Corralejo, La Oliva — image 2Detached house in Calle Avutarda, Corralejo, La Oliva — image 3Detached house in Calle Avutarda, Corralejo, La Oliva — image 4Detached house in Calle Avutarda, Corralejo, La Oliva — image 5
Grade Bvillamid-range

Detached house in Calle Avutarda, Corralejo, La Oliva

La Oliva · La Oliva · Las Palmas

€590,000

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.

2.9%

Net Yield (after tax, all-in)

2.9%

Managed ROI (after tax)

8.3%

Gross Yield

56%

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: €55,253/yr
Average Daily Rate: €293
+5.0% vs area baselineMediterranean-traditional style (+5%), Has pool (0%)
Net Yield (after tax): 2.9%
Payback Period: 34.0 years
5-yr Capital Value: €683,972
10-yr Capital Value: €792,911
Brixfox Score: 61.7 / 100

True Investment Cost

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

€667,163

+13.1% over asking

Asking price€590,000
itp€38,350
legal€6,313
furnishing€30,000
notary registry€2,500
All-in investment€667,163

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: 4
Bathrooms: 3
Building: 312 m²
Land: 523 m²
Style: mediterranean-traditional
Condition: good
Energy Certificate: G
Private Pool

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

private pooloutdoor dining areapergola

Score Breakdown

ROI
11.29
Visual Appeal
11.2
Ownership Security
13
Location
8.4
Land & Space
10.24
Rental Demand
5.59
Payback Speed
1
STR Suitability
1

Description

Destiny Home, the leading real estate agency in the Canary Islands, is proud to present this stunning villa in Corralejo. Corralejo, located in the north of Fuerteventura, is well-known for its white sandy beaches, relaxed atmosphere, and excellent fresh seafood restaurants. This unique property offers: 4 bedrooms,

Location

📍 28.7116°, -13.8660°

La Oliva, Las Palmas, Spain

Visit Destiny Home →Listed via Idealista.com
4-bedroom freehold villa in La Oliva — photo 1 of 5
Destiny Home
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4-bedroom freehold villa in La Oliva — photo 5 of 5

Detached house in Calle Avutarda, Corralejo, La Oliva

La Oliva · Canary Islands · Ref BF-12718 Source verified · Destiny Home · listed 1 Jul 2026
Asking price · Freehold
$641,304
View original listing
Ownership
Freehold
Bedrooms
4
Bathrooms
3
Built area
312 m²
Land
523 m²
True net yield
2.9%
≈ $3,575/mo net after costs & tax
5-yr total return (net + appreciation)
9.6% / yr avg
Payback in ~34 yrs from rent
Brixfox Score 62 · 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

La Oliva

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)
$318/night
50% ($159)Brixfox estimate($318/night)200% ($636)
Occupancy
56%
10%Brixfox estimate(56%)100%

Short-Term Rental

Indicative
Yearly income
$33,632
Likely range $20,179 – $47,085
Airbnb data$318/night · 56% occupancy
Rental income
$318/night · 56% occ.
$60,058
Running costs (20%)
Utilities, cleaning, maintenance
-$12,012
Income tax (24%)
Non-EU IRNR on gross rent
-$14,414
Net income
5.2% ROI
$33,632

Growth & Exit Strategy

How your investment grows over time

Freehold — 4%/yr appreciation in La Oliva.

$3.9M$2.9M$1.9M$973K$0Yr 0Yr 5Yr 10Yr 15Yr 20Yr 25Yr 30Paid back2x ReturnToday: $590K
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 16: rental income alone has repaid the full purchase price.
2x return
Year 10: total gains (capital + rental) have doubled your initial investment.
Year 5
Capital Value
$718K
+22%
Rental Income
+$164K
Total Position
$882K
+50%
8.4%/yr
Year 10
Capital Value
$873K
+48%
Rental Income
+$355K
Total Position
$1.2M
+108%
7.6%/yr
Year 20
Capital Value
$1.3M
+119%
Rental Income
+$831K
Total Position
$2.1M
+260%
6.6%/yr
Year 30
Capital Value
$1.9M
+224%
Rental Income
+$1.5M
Total Position
$3.4M
+474%
6.0%/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
Good
5.2% annual return
Occupancy
Average
56% average occupancy
Nightly Rate
Strong
$293 per night
Visual Appeal
Good
6/10 instagrammability
Size & Space
Strong
523 m² land area
Zoning
Average
STR zoning not confirmed
Tenure
Strong
Freehold ownership

Top Highlights

Premium nightly rate of $293 — positioned in the top tier
Generous 523 m² land — room for expansion or amenities
Freehold ownership — maximum long-term security

Watch Out

Secondary location — rental demand may be lower than premium areas
Occupancy at 56% — 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

36% occ.
3.6%
$1,944/mo
46% occ.
4.7%
$2,485/mo
56% occ.
5.7%
$3,027/mo
current
66% occ.
6.7%
$3,569/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.