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House in Calle Drago, Corralejo, La Oliva
House in Calle Drago, Corralejo, La Oliva — image 2House in Calle Drago, Corralejo, La Oliva — image 3House in Calle Drago, Corralejo, La Oliva — image 4House in Calle Drago, Corralejo, La Oliva — image 5
Grade Bvillamid-range

House in Calle Drago, Corralejo, La Oliva

La Oliva · La Oliva · Las Palmas

€249,000

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.

3.2%

Net Yield (after tax, all-in)

3.2%

Managed ROI (after tax)

10.6%

Gross Yield

51%

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: €31,739/yr
Average Daily Rate: €186
+7.0% vs area baselineImage quality 6/10 (-3%), Modern/contemporary style (+12%), No pool (-12%), Has countryside (+10%)
Net Yield (after tax): 3.2%
Payback Period: 31.3 years
5-yr Capital Value: €288,659
10-yr Capital Value: €334,635
Brixfox Score: 59.4 / 100
Comparable Properties: 13
Data Confidence: 89%
Search Radius: 2 km

True Investment Cost

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

€300,895

+20.8% over asking

Asking price€249,000
itp€16,185
legal€3,210
furnishing€30,000
notary registry€2,500
All-in investment€300,895

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: 1
Building: 85 m²
Land: 250 m²
Style: contemporary
Condition: good
Year Built: 2005
Energy Certificate: Not indicated
countryside

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

rooftop-terraceoutdoor-barbecueartificial-turf-landscaping

Score Breakdown

ROI
12.2
Visual Appeal
9.8
Ownership Security
13
Location
8.4
Land & Space
7.92
Rental Demand
5.06
Payback Speed
2
STR Suitability
1

Description

Detached 2 bedroom Villa in La Capellania! Spacious corner positioned villa with large private garden. **Real Estate Agency:** **GoldAcre Estates.** The Location: Within the Village of La Capellania and a short stroll from the Commercial area that includes Restaurants, Large Supermarket Hiper Dino, Laundrette, Gy

Location

📍 28.7300°, -13.8670°

La Oliva, Las Palmas, Spain

Visit GoldAcre Estates →Listed via Idealista.com
2-bedroom freehold villa in La Oliva — photo 1 of 5
GoldAcre Estates
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2-bedroom freehold villa in La Oliva — photo 5 of 5

House in Calle Drago, Corralejo, La Oliva

La Oliva · Canary Islands · Ref BF-12781 Source verified · GoldAcre Estates · listed 20 Jun 2026
Asking price · Freehold
$270,652
View original listing
Ownership
Freehold
Bedrooms
2
Bathrooms
1
Built area
85 m²
Land
250 m²
True net yield
3.2%
≈ $1,915/mo net after costs & tax
5-yr total return (net + appreciation)
11.5% / yr avg
Payback in ~31 yrs from rent
Brixfox Score 59 · B
Modelled from Airbnb listings we track across La Oliva — 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

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)
$202/night
50% ($101)Brixfox estimate($202/night)200% ($403)
Occupancy
51%
10%Brixfox estimate(51%)100%

Short-Term Rental

Moderate confidence
Yearly income
$19,319
Likely range $13,910 – $24,729
Airbnb data$202/night · 51% occupancy
Rental income
$202/night · 51% occ.
$34,499
Running costs (20%)
Utilities, cleaning, maintenance
-$6,900
Income tax (24%)
Non-EU IRNR on gross rent
-$8,280
Net income
7.1% ROI
$19,319

Growth & Exit Strategy

How your investment grows over time

Freehold — 4%/yr appreciation in La Oliva.

$1.9M$1.4M$951K$475K$0Yr 0Yr 5Yr 10Yr 15Yr 20Yr 25Yr 30Paid back2x ReturnToday: $249K
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 12: 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
$303K
+22%
Rental Income
+$94K
Total Position
$397K
+60%
9.8%/yr
Year 10
Capital Value
$369K
+48%
Rental Income
+$204K
Total Position
$572K
+130%
8.7%/yr
Year 20
Capital Value
$546K
+119%
Rental Income
+$478K
Total Position
$1.0M
+311%
7.3%/yr
Year 30
Capital Value
$808K
+224%
Rental Income
+$846K
Total Position
$1.7M
+564%
6.5%/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
7.1% annual return
Occupancy
Average
51% average occupancy
Nightly Rate
Good
$186 per night
Visual Appeal
Average
5/10 instagrammability
Size & Space
Average
250 m² land area
Zoning
Average
STR zoning not confirmed
Tenure
Strong
Freehold ownership

Top Highlights

Freehold ownership — maximum long-term security

Watch Out

Secondary location — rental demand may be lower than premium areas
Occupancy at 51% — 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

31% occ.
4.7%
$1,052/mo
41% occ.
6.2%
$1,395/mo
51% occ.
7.7%
$1,739/mo
current
61% occ.
9.2%
$2,082/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.