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Detached house in Calle Cernícalo, 1, Corralejo, La Oliva
Detached house in Calle Cernícalo, 1, Corralejo, La Oliva — image 2Detached house in Calle Cernícalo, 1, Corralejo, La Oliva — image 3Detached house in Calle Cernícalo, 1, Corralejo, La Oliva — image 4Detached house in Calle Cernícalo, 1, Corralejo, La Oliva — image 5
Grade C+villaluxury

Detached house in Calle Cernícalo, 1, Corralejo, La Oliva

La Oliva · La Oliva · Las Palmas

€455,000

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.

1.3%

Net Yield (after tax, all-in)

1.3%

Managed ROI (after tax)

5.6%

Gross Yield

43%

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: €29,014/yr
Average Daily Rate: €199
+26.0% vs area baselineImage quality 9/10 (+6%), Modern/contemporary style (+12%), Has pool (0%), Luxury finish (+8%)
Net Yield (after tax): 1.3%
Payback Period: 77.0 years
5-yr Capital Value: €527,470
10-yr Capital Value: €611,482
Brixfox Score: 51.7 / 100

True Investment Cost

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

€521,944

+14.7% over asking

Asking price€455,000
itp€29,575
legal€4,869
furnishing€30,000
notary registry€2,500
All-in investment€521,944

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: 2
Building: 111 m²
Style: modern
Condition: new-build
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

stone accent wallintegrated outdoor lightinglarge format sliding glass doorsprivate pool

Score Breakdown

ROI
5.2
Visual Appeal
15.6
Ownership Security
13
Location
8.4
Land & Space
4.22
Rental Demand
4.31
Payback Speed
0
STR Suitability
1

Description

VILLAS MODELO 4 This villa, built over two floors with a private pool, is designed to achieve a modern balance between comfort and traditional materials. The ground floor is conceived as an open-plan space with large windows that, depending on the orientation, offer views of the volcanic landscape or the ocean. The v

Location

📍 28.7300°, -13.8670°

La Oliva, Las Palmas, Spain

Listed by Carpe Mundi Inmobiliaria via Idealista.com
2-bedroom freehold villa in La Oliva — photo 1 of 5
Idealista.com
2-bedroom freehold villa in La Oliva — photo 2 of 5
2-bedroom freehold villa in La Oliva — photo 3 of 5
2-bedroom freehold villa in La Oliva — photo 4 of 5
2-bedroom freehold villa in La Oliva — photo 5 of 5

Detached house in Calle Cernícalo, 1, Corralejo, La Oliva

La Oliva · Canary Islands · Ref BF-12919 Source verified · Idealista.com · listed 20 Jun 2026
Asking price · Freehold
$494,565
Ownership
Freehold
Bedrooms
2
Bathrooms
2
Built area
111 m²
True net yield
1.3%
≈ $1,522/mo net after costs & tax
5-yr total return (net + appreciation)
7.9% / yr avg
Payback in ~77 yrs from rent
Brixfox Score 52 · C+

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)
$216/night
50% ($108)Brixfox estimate($216/night)200% ($433)
Occupancy
43%
10%Brixfox estimate(43%)100%

Short-Term Rental

Indicative
Yearly income
$17,661
Likely range $10,597 – $24,725
Airbnb data$216/night · 43% occupancy
Rental income
$216/night · 43% occ.
$31,537
Running costs (20%)
Utilities, cleaning, maintenance
-$6,307
Income tax (24%)
Non-EU IRNR on gross rent
-$7,569
Net income
3.6% ROI
$17,661

Growth & Exit Strategy

How your investment grows over time

Freehold — 4%/yr appreciation in La Oliva.

$2.6M$1.9M$1.3M$647K$0Yr 0Yr 5Yr 10Yr 15Yr 20Yr 25Yr 30Paid back2x ReturnToday: $455K
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 21: rental income alone has repaid the full purchase price.
2x return
Year 12: total gains (capital + rental) have doubled your initial investment.
Year 5
Capital Value
$554K
+22%
Rental Income
+$86K
Total Position
$640K
+41%
7.1%/yr
Year 10
Capital Value
$674K
+48%
Rental Income
+$186K
Total Position
$860K
+89%
6.6%/yr
Year 20
Capital Value
$997K
+119%
Rental Income
+$437K
Total Position
$1.4M
+215%
5.9%/yr
Year 30
Capital Value
$1.5M
+224%
Rental Income
+$773K
Total Position
$2.2M
+394%
5.5%/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
Average
3.6% annual return
Occupancy
Weak
43% average occupancy
Nightly Rate
Good
$199 per night
Visual Appeal
Strong
9/10 instagrammability
Size & Space
Weak
0 m² land area
Zoning
Average
STR zoning not confirmed
Tenure
Strong
Freehold ownership

Top Highlights

Stunning visuals with 9/10 instagrammability — commands premium nightly rates
Freehold ownership — maximum long-term security

Watch Out

Secondary location — rental demand may be lower than premium areas
Yield of 3.6% is near the market average — model your cashflow carefully

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

Risks & What-If

What if occupancy changes?

Owner Managed scenario

30% occ.
2.7%
$1,106/mo
40% occ.
3.6%
$1,474/mo
43% occ.
3.9%
$1,590/mo
current
53% occ.
4.8%
$1,958/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.