Terraced house in Urbanizacion Golden View I, Chullera, Manilva
Terraced house in Urbanizacion Golden View I, Chullera, Manilva — image 2Terraced house in Urbanizacion Golden View I, Chullera, Manilva — image 3Terraced house in Urbanizacion Golden View I, Chullera, Manilva — image 4Terraced house in Urbanizacion Golden View I, Chullera, Manilva — image 5
Grade Bvillamid-range

Terraced house in Urbanizacion Golden View I, Chullera, Manilva

Manilva · Manilva · Málaga

€679,000

Asking Price (EUR)

STR Restriction Warning

Andalucía VFT: registration is via the Registro de Turismo de Andalucía. New STR can be blocked by the community of owners (2024 reform) and saturated Costa del Sol zones are tightening — verify the VFT registration and any municipal limits with the agency.

2.7%

Net Yield (after tax, all-in)

2.7%

Managed ROI (after tax)

7.7%

Gross Yield

52%

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: €59,416/yr
Average Daily Rate: 337
+25.0% vs area baselineImage quality 8/10 (+3%), Modern/contemporary style (+12%), Has pool (0%), Has countryside (+10%)
Net Yield (after tax): 2.7%
Payback Period: 36.9 years
5-yr Capital Value: €787,147
10-yr Capital Value: €912,519
Brixfox Score: 56.5 / 100
Comparable Properties: 11
Data Confidence: 85%
Search Radius: 2 km

True Investment Cost

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

€767,246

+13.0% over asking

Asking price€679,000
itp€47,530
legal€8,216
furnishing€30,000
notary registry€2,500
All-in investment€767,246

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: 3
Bathrooms: 2
Building: 267
Land: 171
Style: contemporary
Condition: excellent
Year Built: 2022
Energy Certificate: B
Private Pool
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

terraced architectureprivate garden accessopen-plan living

AI Investment Summary

B investment in Manilva. Score 56.5/100. Net yield 2.7% after tax | Occupancy 52% | ADR $337 | No STR licence on record | Pool

Score Breakdown

ROI
10.49
Visual Appeal
12.6
Ownership Security
13
Location
8.64
Land & Space
3.59
Rental Demand
5.22
Payback Speed
1
STR Suitability
2

Description

This stylish three bedroom townhouse is set within the popular Golden View I development, an elevated residential community known for its open sea views that stretch all the way to Gibraltar and the coast of Morocco. Thanks to its southwest facing orientation, the property enjoys plenty of natural light and beautiful s

Location

📍 36.3225°, -5.2536°

Manilva, Málaga, Spain

Listed by Hamilton Homes via Idealista.com
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Idealista.com
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Terraced house in Urbanizacion Golden View I, Chullera, Manilva

Manilva · Costa del Sol · Ref BF-14410Source · Idealista.com · listed 21 Jun 2026
Asking price
$772,645
Bedrooms
3
Bathrooms
2
Built area
267 m²
Land
171 m²
Brixfox Score 57 · B
Modelled from Airbnb listings we track across Manilva — 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

Manilva

Costa del Sol, Approximate area

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STR Restriction Warning

Andalucía VFT: registration is via the Registro de Turismo de Andalucía. New STR can be blocked by the community of owners (2024 reform) and saturated Costa del Sol zones are tightening — verify the VFT registration and any municipal limits 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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Customize your projections
Nightly Rate (ADR)
$383/night
50% ($192)Brixfox estimate($383/night)200% ($767)
Occupancy
52%
10%Brixfox estimate(52%)100%

Short-Term Rental

Moderate confidence
Yearly income
$37,862
Likely range $27,261$48,463
Airbnb data$383/night · 52% occupancy
Rental income
$383/night · 52% occ.
$67,610
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 Manilva.

$4.4M$3.3M$2.2M$1.1M$0Yr 0Yr 5Yr 10Yr 15Yr 20Yr 25Yr 30Paid back2x ReturnToday: $679K
Capital appreciation
Property value growing at +4%/yr based on Manilva 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 17: 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
$826K
+22%
Rental Income
+$177K
Total Position
$1.0M
+48%
8.1%/yr
Year 10
Capital Value
$1.0M
+48%
Rental Income
+$381K
Total Position
$1.4M
+104%
7.4%/yr
Year 20
Capital Value
$1.5M
+119%
Rental Income
+$894K
Total Position
$2.4M
+251%
6.5%/yr
Year 30
Capital Value
$2.2M
+224%
Rental Income
+$1.6M
Total Position
$3.8M
+457%
5.9%/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.