Detached house in Calle San José, 8, Maro - Cuevas de Nerja, Nerja
Detached house in Calle San José, 8, Maro - Cuevas de Nerja, Nerja — image 2Detached house in Calle San José, 8, Maro - Cuevas de Nerja, Nerja — image 3Detached house in Calle San José, 8, Maro - Cuevas de Nerja, Nerja — image 4Detached house in Calle San José, 8, Maro - Cuevas de Nerja, Nerja — image 5
Grade Bvillamid-range

Detached house in Calle San José, 8, Maro - Cuevas de Nerja, Nerja

Nerja · Nerja · Málaga

€299,000

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.

4.0%

Net Yield (after tax, all-in)

4.0%

Managed ROI (after tax)

11.8%

Gross Yield

64%

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: €42,148/yr
Average Daily Rate: €194
+2.0% vs area baselineImage quality 6/10 (-3%), Mediterranean-traditional style (+5%), Has pool (0%)
Net Yield (after tax): 4.0%
Payback Period: 24.8 years
5-yr Capital Value: €346,623
10-yr Capital Value: €401,831
Brixfox Score: 63.4 / 100
Comparable Properties: 142
Data Confidence: 96%
Search Radius: 2 km

True Investment Cost

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

€356,060

+19.1% over asking

Asking price€299,000
itp€20,930
legal€3,630
furnishing€30,000
notary registry€2,500
All-in investment€356,060

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: 120 m²
Land: 178 m²
Style: mediterranean-traditional
Condition: good
Year Built: 1940
Energy Certificate: G
Private Pool

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

private pooltraditional Spanish architectureexposed wooden beams

AI Investment Summary

B investment in Nerja. Score 63.4/100. Net yield 4.0% after tax | Occupancy 64% | ADR $194 | No STR licence on record | Pool

Score Breakdown

ROI
15.09
Visual Appeal
9.4
Ownership Security
13
Location
9.6
Land & Space
4.83
Rental Demand
6.43
Payback Speed
3
STR Suitability
2

Description

Beautiful renovated house with sea views from the terrace, very bright and in good condition; two bedrooms, one with an en-suite bathroom, spacious living room with high ceilings and a cast-iron stove, attic with a bed, a terrace with a viewpoint and incredible views. Swimming pool, large basement, storage room, patio,

Location

📍 36.7477°, -3.8758°

Nerja, Málaga, Spain

Listed by Living In Málaga via Idealista.com

Price
$340,237
2-bedroom freehold villa in Nerja — photo 1 of 5
Idealista.com
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Detached house in Calle San José, 8, Maro - Cuevas de Nerja, Nerja

Nerja · Costa del Sol · Ref BF-178285Source · Idealista.com · listed 18 Sept 2026
Asking price
$340,237
Bedrooms
2
Bathrooms
2
Built area
120 m²
Land
178 m²
Brixfox Score 63 · B
Modelled from Airbnb listings we track across Nerja — 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

Nerja

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.

Adjust Forecast

Customize your projections
Nightly Rate (ADR)
$221/night
50% ($110)Brixfox estimate($221/night)200% ($441)
Occupancy
64%
10%Brixfox estimate(64%)100%

Short-Term Rental

High confidence
Yearly income
$26,858
Likely range $21,486 – $32,229
Airbnb data$221/night · 64% occupancy
Rental income
$221/night · 64% occ.
$47,961
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 Nerja.

$2.4M$1.8M$1.2M$602K$0Yr 0Yr 5Yr 10Yr 15Yr 20Yr 25Yr 30Paid back2x ReturnToday: $299K
Capital appreciation
Property value growing at +4%/yr based on Nerja 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 11: rental income alone has repaid the full purchase price.
2x return
Year 8: total gains (capital + rental) have doubled your initial investment.
Year 5
Capital Value
$364K
+22%
Rental Income
+$125K
Total Position
$489K
+64%
10.3%/yr
Year 10
Capital Value
$443K
+48%
Rental Income
+$271K
Total Position
$713K
+139%
9.1%/yr
Year 20
Capital Value
$655K
+119%
Rental Income
+$634K
Total Position
$1.3M
+331%
7.6%/yr
Year 30
Capital Value
$970K
+224%
Rental Income
+$1.1M
Total Position
$2.1M
+600%
6.7%/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.