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Detached house in Calle de Binifaldó, Son Vida, Palma de Mallorca
Detached house in Calle de Binifaldó, Son Vida, Palma de Mallorca — image 2Detached house in Calle de Binifaldó, Son Vida, Palma de Mallorca — image 3Detached house in Calle de Binifaldó, Son Vida, Palma de Mallorca — image 4Detached house in Calle de Binifaldó, Son Vida, Palma de Mallorca — image 5
Grade C+villaluxury

Detached house in Calle de Binifaldó, Son Vida, Palma de Mallorca

Palma · Palma · Illes Balears

€5.0M

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.

Limited comps — indicative only

Revenue projections are based on limited comparable data (0 comps, low confidence).

0.0%

Net Yield (after tax, all-in)

0.0%

Managed ROI (after tax)

0.1%

Gross Yield

1%

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: €3,947/yr
Average Daily Rate: €1134
+36.0% vs area baselineImage quality 9/10 (+6%), Modern/contemporary style (+12%), Has pool (0%), Has mountain (+10%), Luxury finish (+8%)
Net Yield (after tax): 0.0%
Payback Period: 99.0 years
5-yr Capital Value: €5.8M
10-yr Capital Value: €6.7M
Brixfox Score: 48.8 / 100

True Investment Cost

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

€5.6M

+12.9% over asking

Asking price€5.0M
itp€599,350
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: 4
Bathrooms: 7
Building: 500 m²
Land: 1009 m²
Style: modern
Condition: excellent
Year Built: 2024
Energy Certificate: A
Private Pool
mountain

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

infinity poolclean lines architecturelarge glass sliding doorsoutdoor lounge area

Score Breakdown

ROI
0
Visual Appeal
15.6
Ownership Security
13
Location
8.4
Land & Space
10.69
Rental Demand
0.1
Payback Speed
0
STR Suitability
1

Description

This newly completed villa in Son Vida combines architectural clarity with high-end functionality. Built in 2024, the property offers 500 square meters of living space across three floors on a 1,009 square meter plot. Its elevated position provides long views over the surrounding hills, with full-height glass panels th

Location

📍 39.5954°, 2.5764°

Palma, Illes Balears, Spain

Visit BARNES Madrid →Listed via Idealista.com
4-bedroom freehold villa in Palma — photo 1 of 5
BARNES Madrid
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4-bedroom freehold villa in Palma — photo 5 of 5

Detached house in Calle de Binifaldó, Son Vida, Palma de Mallorca

Palma · Balearic Islands · Ref BF-1947 Source verified · BARNES Madrid · listed 1 Jul 2026
Asking price · Freehold
$5,429,348
View original listing
Ownership
Freehold
Bedrooms
4
Bathrooms
7
Built area
500 m²
Land
1009 m²
5-yr total return (net + appreciation)
4.4% / yr avg
Payback in ~99 yrs from rent
Brixfox Score 49 · C+

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

Palma

Balearic Islands, Approximate area

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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)
$1,232/night
50% ($616)Brixfox estimate($1,232/night)200% ($2,465)
Occupancy
1%
10%Brixfox estimate(1%)100%

Short-Term Rental

Indicative
Yearly income
$2,403
Likely range $1,441 – $3,363
Airbnb data$1,232/night · 1% occupancy
Rental income
$1,232/night · 1% occ.
$4,290
Running costs (20%)
Utilities, cleaning, maintenance
-$858
Income tax (24%)
Non-EU IRNR on gross rent
-$1,030
Net income
0.0% ROI
$2,403

Growth & Exit Strategy

How your investment grows over time

Freehold — 4%/yr appreciation in Palma.

$20.1M$15.1M$10.1M$5.0M$0Yr 0Yr 5Yr 10Yr 15Yr 20Yr 25Yr 302x ReturnToday: $5.0M
Capital appreciation
Property value growing at +4%/yr based on Palma 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 18: total gains (capital + rental) have doubled your initial investment.
Year 5
Capital Value
$6.1M
+22%
Rental Income
+$12K
Total Position
$6.1M
+22%
4.0%/yr
Year 10
Capital Value
$7.4M
+48%
Rental Income
+$25K
Total Position
$7.4M
+49%
4.0%/yr
Year 20
Capital Value
$10.9M
+119%
Rental Income
+$59K
Total Position
$11.0M
+120%
4.0%/yr
Year 30
Capital Value
$16.2M
+224%
Rental Income
+$105K
Total Position
$16.3M
+226%
4.0%/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.

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Villa Scorecard

Location
Average
Emerging or secondary location
Rental Yield
Weak
0.0% annual return
Occupancy
Weak
1% average occupancy
Nightly Rate
Strong
$1134 per night
Visual Appeal
Strong
9/10 instagrammability
Size & Space
Strong
1009 m² land area
Zoning
Average
STR zoning not confirmed
Tenure
Strong
Freehold ownership

Top Highlights

Premium nightly rate of $1134 — positioned in the top tier
Stunning visuals with 9/10 instagrammability — commands premium nightly rates
Generous 1009 m² land — room for expansion or amenities

Watch Out

Secondary location — rental demand may be lower than premium areas
Yield of 0.0% 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

30% occ.
1.4%
$6,298/mo
40% occ.
1.9%
$8,397/mo
1% occ.
0.0%
$216/mo
current
11% occ.
0.5%
$2,316/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.