Detached house in Calle Luján Pérez, La Isleta, Las Palmas de Gran Canaria
Detached house in Calle Luján Pérez, La Isleta, Las Palmas de Gran Canaria — image 2Detached house in Calle Luján Pérez, La Isleta, Las Palmas de Gran Canaria — image 3Detached house in Calle Luján Pérez, La Isleta, Las Palmas de Gran Canaria — image 4Detached house in Calle Luján Pérez, La Isleta, Las Palmas de Gran Canaria — image 5
Grade C+villamid-range

Detached house in Calle Luján Pérez, La Isleta, Las Palmas de Gran Canaria

Las Palmas de Gran Canaria · Las Palmas de Gran Canaria · Las Palmas

€618,000

Asking Price (EUR)

STR Restriction Warning

Canaries vacacional (VV) rules tightened under Ley 2/2025: new licences face residential-zone limits, community-of-owners approval and municipal caps. Verify the property holds a valid, transferable VV registration with the agency.

1.4%

Net Yield (after tax, all-in)

indicative range 1.21.7%

1.4%

Managed ROI (after tax)

5.3%

Gross Yield

62%

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: €37,048/yr
Average Daily Rate: 177
Net Yield (after tax): 1.4%
Payback Period: 70.6 years
5-yr Capital Value: €716,431
10-yr Capital Value: €830,540
Brixfox Score: 51.5 / 100
Comparable Properties: 5
Data Confidence: 63%
Search Radius: 6 km

True Investment Cost

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

€697,283

+12.8% over asking

Asking price€618,000
itp€40,170
legal€6,613
furnishing€30,000
notary registry€2,500
All-in investment€697,283

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: 4
Building: 218
Style: contemporary
Condition: good
Year Built: 1999
Energy Certificate: G

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

split-level living spacefeature wall with city skyline muralbright accent walls (blue/teal)double-height ceiling in dining area

AI Investment Summary

C+ investment in Las Palmas de Gran Canaria (Gran Canaria). Score 51.5/100. Net yield 1.4% after tax | Occupancy 62% | ADR $177 | No STR licence on record

Score Breakdown

ROI
5.68
Visual Appeal
11.2
Ownership Security
13
Location
8.4
Land & Space
6
Rental Demand
6.18
Payback Speed
0
STR Suitability
1

Description

Cazapisos is selling this magnificent terraced house located in the La Isleta area, one of the most in-demand areas of Las Palmas de Gran Canaria, just a few minutes' walk from the emblematic Playa de Las Canteras. It is a spacious and versatile property, distributed over several floors, which stands out for its multi

Location

📍 28.1478°, -15.4308°

Las Palmas de Gran Canaria, Las Palmas, Spain

Visit Cazapisos.comListed via Idealista.com
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Detached house in Calle Luján Pérez, La Isleta, Las Palmas de Gran Canaria

Las Palmas de Gran Canaria · Canary Islands · Ref BF-34675Source · Cazapisos.com · listed 1 Jul 2026
Asking price
$703,232
View original listing
Bedrooms
3
Bathrooms
4
Built area
218 m²
Brixfox Score 52 · C+
Modelled from Airbnb listings we track across Las Palmas de Gran Canaria — 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

Las Palmas de Gran Canaria

Canary Islands, Approximate area

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STR Restriction Warning

Canaries vacacional (VV) rules tightened under Ley 2/2025: new licences face residential-zone limits, community-of-owners approval and municipal caps. Verify the property holds a valid, transferable VV registration 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)
$202/night
50% ($101)Brixfox estimate($202/night)200% ($404)
Occupancy
62%
10%Brixfox estimate(62%)100%

Short-Term Rental

Indicative
Yearly income
$23,608
Likely range $14,165$33,052
Airbnb data$202/night · 62% occupancy
Rental income
$202/night · 62% occ.
$42,157
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 Las Palmas de Gran Canaria.

$3.4M$2.6M$1.7M$860K$0Yr 0Yr 5Yr 10Yr 15Yr 20Yr 25Yr 30Paid back2x ReturnToday: $618K
Capital appreciation
Property value growing at +4%/yr based on Las Palmas de Gran Canaria 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 22: rental income alone has repaid the full purchase price.
2x return
Year 12: total gains (capital + rental) have doubled your initial investment.
Year 5
Capital Value
$752K
+22%
Rental Income
+$110K
Total Position
$862K
+39%
6.9%/yr
Year 10
Capital Value
$915K
+48%
Rental Income
+$238K
Total Position
$1.2M
+87%
6.4%/yr
Year 20
Capital Value
$1.4M
+119%
Rental Income
+$557K
Total Position
$1.9M
+209%
5.8%/yr
Year 30
Capital Value
$2.0M
+224%
Rental Income
+$987K
Total Position
$3.0M
+384%
5.4%/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.