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House in Calle de Saridakis, La Bonanova - Porto Pi, Palma de Mallorca
House in Calle de Saridakis, La Bonanova - Porto Pi, Palma de Mallorca — image 2House in Calle de Saridakis, La Bonanova - Porto Pi, Palma de Mallorca — image 3House in Calle de Saridakis, La Bonanova - Porto Pi, Palma de Mallorca — image 4House in Calle de Saridakis, La Bonanova - Porto Pi, Palma de Mallorca — image 5
Grade C+villamid-range

House in Calle de Saridakis, La Bonanova - Porto Pi, Palma de Mallorca

Palma · Palma · Illes Balears

€3.4M

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 (4 comps, 55% confidence).

1.1%

Net Yield (after tax, all-in)

indicative range 0.9–1.3%

1.1%

Managed ROI (after tax)

3.5%

Gross Yield

33%

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: €134,026/yr
Average Daily Rate: €1205
-7.0% vs area baselineMediterranean-traditional style (+5%), No pool (-12%)
Net Yield (after tax): 1.1%
Payback Period: 90.7 years
5-yr Capital Value: €3.9M
10-yr Capital Value: €4.5M
Brixfox Score: 51.6 / 100
Comparable Properties: 4
Data Confidence: 55%
Search Radius: 6 km

True Investment Cost

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

€3.8M

+12.8% over asking

Asking price€3.4M
itp€385,500
legal€12,100
furnishing€30,000
notary registry€2,500
All-in investment€3.8M

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: 5
Bathrooms: 4
Building: 1361 m²
Land: 715 m²
Style: mediterranean-traditional
Condition: good
Energy Certificate: E

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

stone facade accentsblue louvered shutterscobblestone path and stepstraditional outdoor lanternpergola with retractable awning

Score Breakdown

ROI
4.4
Visual Appeal
12.8
Ownership Security
13
Location
8.4
Land & Space
8.7
Rental Demand
3.29
Payback Speed
0
STR Suitability
1

Description

STATELY VILLA FOR SALE IN THE HIGHLY DESIRABLE LA BONANOVA AREA This exceptional stately villa is located in the sought-after residential area of La Bonanova and has been carefully renovated, blending the charm of traditional elements such as exposed beams and wood finishes with the comfort of modern amenities. The m

Location

📍 39.5696°, 2.6502°

Palma, Illes Balears, Spain

Visit aProperties Real Estate Palma de Mallorca →Listed via Idealista.com
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House in Calle de Saridakis, La Bonanova - Porto Pi, Palma de Mallorca

Palma · Balearic Islands · Ref BF-2052 Source verified · aProperties Real Estate Palma de Mallorca · listed 17 Jun 2026
Asking price · Freehold
$3,641,304
View original listing
Ownership
Freehold
Bedrooms
5
Bathrooms
4
Built area
1361 m²
Land
715 m²
True net yield
1.1%
≈ $7,773/mo net after costs & tax
5-yr total return (net + appreciation)
6.6% / yr avg
Payback in ~91 yrs from rent
Brixfox Score 52 · C+
Modelled from Airbnb listings we track across Palma — 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

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)
$1,310/night
50% ($655)Brixfox estimate($1,310/night)200% ($2,620)
Occupancy
33%
10%Brixfox estimate(33%)100%

Short-Term Rental

Indicative
Yearly income
$81,581
Likely range $48,949 – $114,213
Airbnb data$1,310/night · 33% occupancy
Rental income
$1,310/night · 33% occ.
$145,680
Running costs (20%)
Utilities, cleaning, maintenance
-$29,136
Income tax (24%)
Non-EU IRNR on gross rent
-$34,963
Net income
2.2% ROI
$81,581

Growth & Exit Strategy

How your investment grows over time

Freehold — 4%/yr appreciation in Palma.

$16.6M$12.5M$8.3M$4.2M$0Yr 0Yr 5Yr 10Yr 15Yr 20Yr 25Yr 30Paid back2x ReturnToday: $3.4M
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.
Paid back
Year 29: rental income alone has repaid the full purchase price.
2x return
Year 13: total gains (capital + rental) have doubled your initial investment.
Year 5
Capital Value
$4.1M
+22%
Rental Income
+$398K
Total Position
$4.5M
+34%
6.0%/yr
Year 10
Capital Value
$5.0M
+48%
Rental Income
+$860K
Total Position
$5.8M
+74%
5.7%/yr
Year 20
Capital Value
$7.3M
+119%
Rental Income
+$2.0M
Total Position
$9.4M
+179%
5.3%/yr
Year 30
Capital Value
$10.9M
+224%
Rental Income
+$3.6M
Total Position
$14.4M
+331%
5.0%/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
2.2% annual return
Occupancy
Weak
33% average occupancy
Nightly Rate
Strong
$1205 per night
Visual Appeal
Good
7/10 instagrammability
Size & Space
Strong
715 m² land area
Zoning
Average
STR zoning not confirmed
Tenure
Strong
Freehold ownership

Top Highlights

Premium nightly rate of $1205 — positioned in the top tier
Generous 715 m² land — room for expansion or amenities
Freehold ownership — maximum long-term security

Watch Out

Secondary location — rental demand may be lower than premium areas
Yield of 2.2% 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.
2.2%
$6,693/mo
40% occ.
2.9%
$8,924/mo
33% occ.
2.4%
$7,342/mo
current
43% occ.
3.2%
$9,573/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.