Launch offer — 3 months free free, no card

Detached house in Camino de Can Parra, Formentera
Detached house in Camino de Can Parra, Formentera — image 2Detached house in Camino de Can Parra, Formentera — image 3Detached house in Camino de Can Parra, Formentera — image 4Detached house in Camino de Can Parra, Formentera — image 5
Grade Bvillamid-range

Detached house in Camino de Can Parra, Formentera

Formentera · Formentera · Illes Balears

€5M

Asking Price (EUR)

STR Restriction Warning

Balearics ETV moratorium: new short-term-rental licences are frozen. An existing, transferable ETV is required to operate legally — verify the licence and its transferability with the agency.

0.6%

Net Yield (after tax, all-in)

indicative range 0.5–0.7%

0.6%

Managed ROI (after tax)

2.5%

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: €141,812/yr
Average Daily Rate: €744
+3.0% vs area baselineMediterranean-traditional style (+5%), No pool (-12%), Has sea (+10%)
Net Yield (after tax): 0.6%
Payback Period: 163.8 years
5-yr Capital Value: €5.8M
10-yr Capital Value: €6.7M
Brixfox Score: 55.9 / 100
Comparable Properties: 6
Data Confidence: 58%
Search Radius: 6 km

True Investment Cost

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

€5.6M

+12.9% over asking

Asking price€5M
itp€600,000
legal€12,100
furnishing€30,000
notary registry€2,500
All-in investment€5.6M

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: 157 m²
Land: 20000 m²
Style: mediterranean-traditional
Condition: good
Year Built: 1986
Energy Certificate: E
sea

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

turquoise shutters and accentscliffside locationcovered outdoor dining with sea view

Score Breakdown

ROI
2.44
Visual Appeal
13.4
Ownership Security
13
Location
8.4
Land & Space
12
Rental Demand
5.64
Payback Speed
0
STR Suitability
1

Description

We present this exclusive property located on the seafront of the Mediterranean, offering unparalleled views and a privileged location just a few meters from the shoreline. A haven of peace and natural beauty where the sound of the sea becomes the absolute protagonist. LAYOUT — Main house with 157.53 m2 built — Plot o

Location

📍 38.7045°, 1.4310°

Formentera, Illes Balears, Spain

Visit Utopía de la Isla S. L. →Listed via Idealista.com
3-bedroom freehold villa in Formentera — photo 1 of 5
Utopía de la Isla S. L.
3-bedroom freehold villa in Formentera — photo 2 of 5
3-bedroom freehold villa in Formentera — photo 3 of 5
3-bedroom freehold villa in Formentera — photo 4 of 5
3-bedroom freehold villa in Formentera — photo 5 of 5

Detached house in Camino de Can Parra, Formentera

Formentera · Balearic Islands · Ref BF-1633 Source verified · Utopía de la Isla S. L. · listed 17 Jun 2026
Asking price · Freehold
$5,434,783
View original listing
Ownership
Freehold
Bedrooms
3
Bathrooms
2
Built area
157 m²
Land
20000 m²
True net yield
0.6%
≈ $7,070/mo net after costs & tax
5-yr total return (net + appreciation)
5.9% / yr avg
Payback in ~164 yrs from rent
Brixfox Score 56 · B
Modelled from Airbnb listings we track across Formentera — 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

Formentera

Balearic Islands, Approximate area

Loading Map...

Airbnb Comp Analysis

Finding Airbnb comps...

STR Restriction Warning

Balearics ETV moratorium: new short-term-rental licences are frozen. An existing, transferable ETV is required to operate legally — verify the licence and its transferability 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)
$809/night
50% ($405)Brixfox estimate($809/night)200% ($1,618)
Occupancy
56%
10%Brixfox estimate(56%)100%

Short-Term Rental

Indicative
Yearly income
$86,320
Likely range $51,792 – $120,849
Airbnb data$809/night · 56% occupancy
Rental income
$809/night · 56% occ.
$154,143
Running costs (20%)
Utilities, cleaning, maintenance
-$30,829
Income tax (24%)
Non-EU IRNR on gross rent
-$36,994
Net income
1.6% ROI
$86,320

Growth & Exit Strategy

How your investment grows over time

Freehold — 4%/yr appreciation in Formentera.

$23.0M$17.2M$11.5M$5.7M$0Yr 0Yr 5Yr 10Yr 15Yr 20Yr 25Yr 302x ReturnToday: $5.0M
Capital appreciation
Property value growing at +4%/yr based on Formentera 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.
2x return
Year 14: total gains (capital + rental) have doubled your initial investment.
Year 5
Capital Value
$6.1M
+22%
Rental Income
+$422K
Total Position
$6.5M
+30%
5.4%/yr
Year 10
Capital Value
$7.4M
+48%
Rental Income
+$910K
Total Position
$8.3M
+66%
5.2%/yr
Year 20
Capital Value
$11.0M
+119%
Rental Income
+$2.1M
Total Position
$13.1M
+162%
4.9%/yr
Year 30
Capital Value
$16.2M
+224%
Rental Income
+$3.8M
Total Position
$20.0M
+300%
4.7%/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.

Try one of these

Villa Scorecard

Location
Average
Emerging or secondary location
Rental Yield
Weak
1.6% annual return
Occupancy
Average
56% average occupancy
Nightly Rate
Strong
$744 per night
Visual Appeal
Strong
8/10 instagrammability
Size & Space
Strong
20000 m² land area
Zoning
Average
STR zoning not confirmed
Tenure
Strong
Freehold ownership

Top Highlights

Premium nightly rate of $744 — positioned in the top tier
Stunning visuals with 8/10 instagrammability — commands premium nightly rates
Generous 20000 m² land — room for expansion or amenities

Watch Out

Secondary location — rental demand may be lower than premium areas
Yield of 1.6% is below 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

36% occ.
1.1%
$5,012/mo
46% occ.
1.4%
$6,391/mo
56% occ.
1.7%
$7,769/mo
current
66% occ.
2.0%
$9,147/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.