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

Terraced house in Chullera, Manilva

Manilva · Manilva · Málaga

€517,750

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.

2.1%

Net Yield (after tax, all-in)

2.1%

Managed ROI (after tax)

6.9%

Gross Yield

38%

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: €40,856/yr
Average Daily Rate: €320
+13.0% vs area baselineImage quality 8/10 (+3%), Modern/contemporary style (+12%), No pool (-12%), Has sea (+10%)
Net Yield (after tax): 2.1%
Payback Period: 48.6 years
5-yr Capital Value: €600,214
10-yr Capital Value: €695,813
Brixfox Score: 56.8 / 100
Comparable Properties: 10
Data Confidence: 83%
Search Radius: 2 km

True Investment Cost

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

€592,758

+14.5% over asking

Asking price€517,750
itp€36,243
legal€6,265
furnishing€30,000
notary registry€2,500
All-in investment€592,758

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: 3
Building: 310 m²
Style: contemporary
Condition: new-build
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

rooftop terrace with artificial grasslarge windows with sea viewsmodern interior decor

AI Investment Summary

B investment in Manilva. Score 56.8/100. Net yield 2.1% after tax | Occupancy 38% | ADR $320 | No STR licence on record

Score Breakdown

ROI
8.21
Visual Appeal
14.2
Ownership Security
13
Location
8.64
Land & Space
6
Rental Demand
3.77
Payback Speed
1
STR Suitability
2

Description

Brand new townhouse for sale near Sotogrande Brand new townhouse for sale in the La Chullera area, near Tubalitas beach, less than a 5-minute drive from the Port of Sotogrande. South-facing and therefore with a very bright interior, this townhouse is composed of three spacious floors, distributed as follows: basement

Location

📍 36.3167°, -5.2536°

Manilva, Málaga, Spain

Listed by naimar homes via Idealista.com
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Idealista.com
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Terraced house in Chullera, Manilva

Manilva · Costa del Sol · Ref BF-17766Source · Idealista.com · listed 24 Jun 2026
Asking price
$589,156
Bedrooms
3
Bathrooms
3
Built area
310 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)
$365/night
50% ($182)Brixfox estimate($365/night)200% ($729)
Occupancy
38%
10%Brixfox estimate(38%)100%

Short-Term Rental

Moderate confidence
Yearly income
$26,035
Likely range $18,745 – $33,325
Airbnb data$365/night · 38% occupancy
Rental income
$365/night · 38% occ.
$46,491
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.

$3.2M$2.4M$1.6M$796K$0Yr 0Yr 5Yr 10Yr 15Yr 20Yr 25Yr 30Paid back2x ReturnToday: $518K
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 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
$630K
+22%
Rental Income
+$121K
Total Position
$751K
+45%
7.7%/yr
Year 10
Capital Value
$766K
+48%
Rental Income
+$262K
Total Position
$1.0M
+99%
7.1%/yr
Year 20
Capital Value
$1.1M
+119%
Rental Income
+$615K
Total Position
$1.7M
+238%
6.3%/yr
Year 30
Capital Value
$1.7M
+224%
Rental Income
+$1.1M
Total Position
$2.8M
+435%
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.