Detached house in Calle Horizonte, 50, Tamaraceite, Las Palmas de Gran Canaria
Detached house in Calle Horizonte, 50, Tamaraceite, Las Palmas de Gran Canaria — image 2Detached house in Calle Horizonte, 50, Tamaraceite, Las Palmas de Gran Canaria — image 3Detached house in Calle Horizonte, 50, Tamaraceite, Las Palmas de Gran Canaria — image 4Detached house in Calle Horizonte, 50, Tamaraceite, Las Palmas de Gran Canaria — image 5
Grade C+villabudget

Detached house in Calle Horizonte, 50, Tamaraceite, Las Palmas de Gran Canaria

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

€450,000

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.

1.0%

Net Yield (after tax, all-in)

indicative range 0.8–1.2%

1.0%

Managed ROI (after tax)

4.9%

Gross Yield

73%

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: €25,449/yr
Average Daily Rate: €103
-35.0% vs area baselineImage quality 5/10 (-6%), Dated style (-15%), No pool (-12%), Has countryside (+10%), Budget finish (-12%)
Net Yield (after tax): 1.0%
Payback Period: 104.4 years
5-yr Capital Value: €521,673
10-yr Capital Value: €604,762
Brixfox Score: 52.4 / 100
Comparable Properties: 5
Data Confidence: 52%
Search Radius: 6 km

True Investment Cost

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

€516,565

+14.8% over asking

Asking price€450,000
itp€29,250
legal€4,815
furnishing€30,000
notary registry€2,500
All-in investment€516,565

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: 2
Building: 219 m²
Land: 722 m²
Style: dated
Condition: fair
Year Built: 1990
Energy Certificate: E
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 spanish roof tiles over windows

AI Investment Summary

C+ investment in Las Palmas de Gran Canaria (Gran Canaria). Score 52.4/100. Net yield 1.0% after tax | Occupancy 73% | ADR $103 | No STR licence on record

Score Breakdown

ROI
3.84
Visual Appeal
6.8
Ownership Security
13
Location
8.4
Land & Space
12
Rental Demand
7.32
Payback Speed
0
STR Suitability
1

Description

Independent House in Las Majadillas - Las Palmas de Gran Canaria Discover your ideal home in Las Majadillas! We present this magnificent independent house of 219 m² built on a plot of 722 m², perfect for families seeking space, light, and tranquility. Distributed over two floors, this home offers everything you need t

Location

📍 28.1043°, -15.4618°

Las Palmas de Gran Canaria, Las Palmas, Spain

Listed by ERA ARCOIRIS CENTRAL via Idealista.com
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Detached house in Calle Horizonte, 50, Tamaraceite, Las Palmas de Gran Canaria

Las Palmas de Gran Canaria · Canary Islands · Ref BF-34684Source · Idealista.com · listed 1 Jul 2026
Asking price
$512,062
Bedrooms
3
Bathrooms
2
Built area
219 m²
Land
722 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)
$117/night
50% ($59)Brixfox estimate($117/night)200% ($234)
Occupancy
73%
10%Brixfox estimate(73%)100%

Short-Term Rental

Indicative
Yearly income
$16,217
Likely range $9,730 – $22,704
Airbnb data$117/night · 73% occupancy
Rental income
$117/night · 73% occ.
$28,959
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.

$2.5M$1.8M$1.2M$615K$0Yr 0Yr 5Yr 10Yr 15Yr 20Yr 25Yr 30Paid back2x ReturnToday: $450K
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 23: 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
$547K
+22%
Rental Income
+$76K
Total Position
$623K
+38%
6.7%/yr
Year 10
Capital Value
$666K
+48%
Rental Income
+$163K
Total Position
$829K
+84%
6.3%/yr
Year 20
Capital Value
$986K
+119%
Rental Income
+$383K
Total Position
$1.4M
+204%
5.7%/yr
Year 30
Capital Value
$1.5M
+224%
Rental Income
+$678K
Total Position
$2.1M
+375%
5.3%/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.