Terraced house in Calle de la Venda de Cala Mastella, San Carlos, Santa Eulalia del Río
Terraced house in Calle de la Venda de Cala Mastella, San Carlos, Santa Eulalia del Río — image 2Terraced house in Calle de la Venda de Cala Mastella, San Carlos, Santa Eulalia del Río — image 3Terraced house in Calle de la Venda de Cala Mastella, San Carlos, Santa Eulalia del Río — image 4Terraced house in Calle de la Venda de Cala Mastella, San Carlos, Santa Eulalia del Río — image 5
Grade Bvillamid-range

Terraced house in Calle de la Venda de Cala Mastella, San Carlos, Santa Eulalia del Río

Ibiza · Santa Eulalia · Illes Balears

€3.8M

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.

1.3%

Net Yield (after tax, all-in)

indicative range 1.2–1.5%

1.3%

Managed ROI (after tax)

3.9%

Gross Yield

65%

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: €168,892/yr
Average Daily Rate: €768
Net Yield (after tax): 1.3%
Payback Period: 75.4 years
5-yr Capital Value: €4.4M
10-yr Capital Value: €5.1M
Brixfox Score: 58.3 / 100
Comparable Properties: 5
Data Confidence: 74%
Search Radius: 2 km

True Investment Cost

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

€4.3M

+12.9% over asking

Asking price€3.8M
itp€444,000
legal€12,100
furnishing€30,000
notary registry€2,500
All-in investment€4.3M

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: 1
Building: 275 m²
Land: 28000 m²
Style: mediterranean-traditional
Condition: good
Energy Certificate: Not indicated
countryside

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

traditional white washed facadebougainvillea and lush plantingsmall balcony with wrought iron railing

AI Investment Summary

B investment in Ibiza (Ibiza). Score 58.3/100. Net yield 1.3% after tax | Occupancy 65% | ADR $768 | No STR licence on record

Score Breakdown

ROI
5.32
Visual Appeal
9.4
Ownership Security
13
Location
11.04
Land & Space
12
Rental Demand
6.51
Payback Speed
0
STR Suitability
1

Description

Authentic Ibizan Finca on 28,000 m² of Land in Es Canar – San Carlos Located in the sought-after area of Es Canar – San Carlos, this original Ibizan finca stands on a generous 28,000 m² plot surrounded by nature and open countryside. The property offers complete privacy and a genuine connection to Ibiza's rural herita

Location

📍 39.0279°, 1.5935°

Ibiza, Illes Balears, Spain

Visit Kensington Ibiza →Listed via Idealista.com
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Terraced house in Calle de la Venda de Cala Mastella, San Carlos, Santa Eulalia del Río

Ibiza · Balearic Islands · Ref BF-28615Source · Kensington Ibiza · listed 1 Jul 2026
Asking price
$4,324,078
View original listing
Bedrooms
4
Bathrooms
1
Built area
275 m²
Land
28000 m²
Brixfox Score 58 · B
Modelled from Airbnb listings we track across Ibiza — 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

Ibiza

Balearic Islands, Approximate area

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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.

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Customize your projections
Nightly Rate (ADR)
$873/night
50% ($437)Brixfox estimate($873/night)200% ($1,747)
Occupancy
65%
10%Brixfox estimate(65%)100%

Short-Term Rental

Indicative
Yearly income
$107,623
Likely range $64,574 – $150,673
Airbnb data$873/night · 65% occupancy
Rental income
$873/night · 65% occ.
$192,185
Running costs (20%)
Utilities, cleaning, maintenance
••••
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 Ibiza.

$19.3M$14.5M$9.7M$4.8M$0Yr 0Yr 5Yr 10Yr 15Yr 20Yr 25Yr 30Paid back2x ReturnToday: $3.8M
Capital appreciation
Property value growing at +4%/yr based on Ibiza 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 27: 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
$4.6M
+22%
Rental Income
+$502K
Total Position
$5.1M
+35%
6.2%/yr
Year 10
Capital Value
$5.6M
+48%
Rental Income
+$1.1M
Total Position
$6.7M
+77%
5.8%/yr
Year 20
Capital Value
$8.3M
+119%
Rental Income
+$2.5M
Total Position
$10.9M
+186%
5.4%/yr
Year 30
Capital Value
$12.3M
+224%
Rental Income
+$4.5M
Total Position
$16.8M
+343%
5.1%/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.