Launch offer — 3 months free free, no card

Detached house in Calle de Sant Joan, Tanques del Carme-Fort de l'Eau, Maó/Mahón
Detached house in Calle de Sant Joan, Tanques del Carme-Fort de l'Eau, Maó/Mahón — image 2Detached house in Calle de Sant Joan, Tanques del Carme-Fort de l'Eau, Maó/Mahón — image 3Detached house in Calle de Sant Joan, Tanques del Carme-Fort de l'Eau, Maó/Mahón — image 4Detached house in Calle de Sant Joan, Tanques del Carme-Fort de l'Eau, Maó/Mahón — image 5
Grade B+villamid-range

Detached house in Calle de Sant Joan, Tanques del Carme-Fort de l'Eau, Maó/Mahón

Maó · Sant Joan · Illes Balears

€425,000

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.

8.2%

Net Yield (after tax, all-in)

8.2%

Managed ROI (after tax)

18.9%

Gross Yield

41%

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: €94,010/yr
Average Daily Rate: €685
-4.0% vs area baselineImage quality 8/10 (+3%), Mediterranean-traditional style (+5%), No pool (-12%)
Net Yield (after tax): 8.2%
Payback Period: 12.2 years
5-yr Capital Value: €492,691
10-yr Capital Value: €571,164
Brixfox Score: 74.7 / 100

True Investment Cost

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

€496,893

+16.9% over asking

Asking price€425,000
itp€34,250
legal€5,143
furnishing€30,000
notary registry€2,500
All-in investment€496,893

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: 151 m²
Style: mediterranean-traditional
Condition: excellent
Energy Certificate: F

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

outdoor dining arearattan outdoor furniturepotted olive trees and herbslarge folding glass doors

Score Breakdown

ROI
25
Visual Appeal
13.2
Ownership Security
13
Location
8.4
Land & Space
5.02
Rental Demand
4.06
Payback Speed
5
STR Suitability
1

Description

Charming, fully renovated ground floor flat, located in the heart of Mahón, which combines comfort, style and outdoor spaces that are unusual in the area. The property comprises a cosy entrance hall/living room, two bedrooms, a full bathroom and a kitchen/dining room with direct access to a private 17 m² patio, ideal

Location

📍 39.0780°, 1.5130°

Maó, Illes Balears, Spain

Listed by Fincas Mantolan via Idealista.com
3-bedroom freehold villa in Maó — photo 1 of 5
Idealista.com
3-bedroom freehold villa in Maó — photo 2 of 5
3-bedroom freehold villa in Maó — photo 3 of 5
3-bedroom freehold villa in Maó — photo 4 of 5
3-bedroom freehold villa in Maó — photo 5 of 5

Detached house in Calle de Sant Joan, Tanques del Carme-Fort de l'Eau, Maó/Mahón

Maó · Balearic Islands · Ref BF-6058 Source verified · Idealista.com · listed 17 Jun 2026
Asking price · Freehold
$461,957
Ownership
Freehold
Bedrooms
3
Bathrooms
2
Built area
151 m²
True net yield
8.2%
≈ $6,859/mo net after costs & tax
5-yr total return (net + appreciation)
16.7% / yr avg
Payback in ~12 yrs from rent
Brixfox Score 75 · B+

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

Maó

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)
$744/night
50% ($372)Brixfox estimate($744/night)200% ($1,489)
Occupancy
41%
10%Brixfox estimate(41%)100%

Short-Term Rental

Indicative
Yearly income
$57,223
Likely range $34,334 – $80,113
Airbnb data$744/night · 41% occupancy
Rental income
$744/night · 41% occ.
$102,185
Running costs (20%)
Utilities, cleaning, maintenance
-$20,437
Income tax (24%)
Non-EU IRNR on gross rent
-$24,524
Net income
12.4% ROI
$57,223

Growth & Exit Strategy

How your investment grows over time

Freehold — 4%/yr appreciation in Maó.

$4.5M$3.3M$2.2M$1.1M$0Yr 0Yr 5Yr 10Yr 15Yr 20Yr 25Yr 30Paid back2x ReturnToday: $425K
Capital appreciation
Property value growing at +4%/yr based on Maó 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 8: rental income alone has repaid the full purchase price.
2x return
Year 6: total gains (capital + rental) have doubled your initial investment.
Year 5
Capital Value
$517K
+22%
Rental Income
+$280K
Total Position
$797K
+87%
13.4%/yr
Year 10
Capital Value
$629K
+48%
Rental Income
+$604K
Total Position
$1.2M
+190%
11.2%/yr
Year 20
Capital Value
$931K
+119%
Rental Income
+$1.4M
Total Position
$2.3M
+452%
8.9%/yr
Year 30
Capital Value
$1.4M
+224%
Rental Income
+$2.5M
Total Position
$3.9M
+814%
7.7%/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
Strong
12.4% annual return
Occupancy
Weak
41% average occupancy
Nightly Rate
Strong
$685 per night
Visual Appeal
Strong
8/10 instagrammability
Size & Space
Weak
0 m² land area
Zoning
Average
STR zoning not confirmed
Tenure
Strong
Freehold ownership

Top Highlights

High rental yield at 12.4% — outperforms most villas in this market
Premium nightly rate of $685 — positioned in the top tier
Stunning visuals with 8/10 instagrammability — commands premium nightly rates

Watch Out

Secondary location — rental demand may be lower than premium areas
Occupancy at 41% — factor in seasonal gaps

Consider carefully. Returns are below market average for this price point.

Risks & What-If

What if occupancy changes?

Owner Managed scenario

30% occ.
9.9%
$3,804/mo
40% occ.
13.2%
$5,071/mo
current
41% occ.
13.4%
$5,150/mo
current
51% occ.
16.7%
$6,418/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.