Terraced house in Calle Maestro Flecan, 15, El Cuartón - Heliomar, Málaga
Terraced house in Calle Maestro Flecan, 15, El Cuartón - Heliomar, Málaga — image 2Terraced house in Calle Maestro Flecan, 15, El Cuartón - Heliomar, Málaga — image 3Terraced house in Calle Maestro Flecan, 15, El Cuartón - Heliomar, Málaga — image 4Terraced house in Calle Maestro Flecan, 15, El Cuartón - Heliomar, Málaga — image 5
Grade C+villamid-range

Terraced house in Calle Maestro Flecan, 15, El Cuartón - Heliomar, Málaga

Málaga · Málaga · Málaga

€420,000

Asking Price (EUR)

Licence regime in this region

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.

1.7%

Net Yield (after tax, all-in)

indicative range 1.5–2.0%

1.7%

Managed ROI (after tax)

6.6%

Gross Yield

24%

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: €32,985/yr
Average Daily Rate: €404
-10.0% vs area baselineImage quality 6/10 (-3%), Mediterranean-traditional style (+5%), No pool (-12%)
Net Yield (after tax): 1.7%
Payback Period: 57.5 years
5-yr Capital Value: €498,488
10-yr Capital Value: €577,884
Brixfox Score: 48.2 / 100
Comparable Properties: 8
Data Confidence: 65%
Search Radius: 4 km

True Investment Cost

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

€497,803

+18.5% over asking

Asking price€420,000
itp€30,100
legal€5,203
furnishing€30,000
notary registry€2,500
All-in investment€497,803

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: 135 m²
Style: mediterranean-traditional
Condition: good
Year Built: 2002
Energy Certificate: E

No licence found on register at this location

The listing states no licence, and no licence on the regional register sits within 50 m of its exact pin. Under Andalusia’s VUT registration (open in most municipalities), obtaining one is the buyer’s task.

A register hit means a licence exists at this location, not that it transfers with the sale: have a Spanish lawyer verify the transfer clause in the deed, the licence’s current status and the municipality’s renewal position before you commit.

Design Features

front patio with awningbay windows

AI Investment Summary

C+ investment in Málaga. Score 48.2/100. Net yield 1.7% after tax | Occupancy 24% | ADR $404 | No STR licence on record

Score Breakdown

ROI
6.96
Visual Appeal
9.8
Ownership Security
13
Location
9.36
Land & Space
4.7
Rental Demand
2.42
Payback Speed
0
STR Suitability
2

Description

Fantastic townhouse with 4 bedrooms and 3 bathrooms (1 of them en-suite) in the center of Churriana. The townhouse has 135 m2 built plus 60 m2 across 3 terraces. On the entrance level, there is a front patio or porch. Living-dining room. Large kitchen. Toilet. Laundry room and backyard. On the first floor, there are 3

Location

📍 36.6639°, -4.5000°

Málaga, Málaga, Spain

Listed by Orangestate via Idealista.com

Price
$477,924
4-bedroom freehold villa in Málaga — photo 1 of 5
Idealista.com
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Terraced house in Calle Maestro Flecan, 15, El Cuartón - Heliomar, Málaga

Málaga · Costa del Sol · Ref BF-158758Source · Idealista.com · listed 4 Sept 2026
Asking price
$477,924
Bedrooms
4
Bathrooms
3
Built area
135 m²
Brixfox Score 48 · C+
Modelled from Airbnb listings we track across Málaga — 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

Málaga

Costa del Sol, Approximate area

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Licence regime in this region

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.

No licence found on register at this location

The listing states no licence, and no licence on the regional register sits within 50 m of its exact pin. Under Andalusia’s VUT registration (open in most municipalities), obtaining one is the buyer’s task.

A register hit means a licence exists at this location, not that it transfers with the sale: have a Spanish lawyer verify the transfer clause in the deed, the licence’s current status and the municipality’s renewal position before you commit.

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)
$459/night
50% ($230)Brixfox estimate($459/night)200% ($919)
Occupancy
24%
10%Brixfox estimate(24%)100%

Short-Term Rental

Indicative
Yearly income
$21,019
Likely range $12,612 – $29,426
Airbnb data$459/night · 24% occupancy
Rental income
$459/night · 24% occ.
$37,534
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 Málaga.

$2.6M$1.9M$1.3M$644K$0Yr 0Yr 5Yr 10Yr 15Yr 20Yr 25Yr 30Paid back2x ReturnToday: $420K
Capital appreciation
Property value growing at +4%/yr based on Málaga 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 18: rental income alone has repaid the full purchase price.
2x return
Year 11: total gains (capital + rental) have doubled your initial investment.
Year 5
Capital Value
$511K
+22%
Rental Income
+$98K
Total Position
$609K
+45%
7.7%/yr
Year 10
Capital Value
$622K
+48%
Rental Income
+$212K
Total Position
$833K
+98%
7.1%/yr
Year 20
Capital Value
$920K
+119%
Rental Income
+$496K
Total Position
$1.4M
+237%
6.3%/yr
Year 30
Capital Value
$1.4M
+224%
Rental Income
+$879K
Total Position
$2.2M
+434%
5.7%/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.