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

House in Tanques del Carme-Fort de l'Eau, Maó/Mahón

Maó · Maó · Illes Balears

€790,000

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.

4.4%

Net Yield (after tax, all-in)

indicative range 3.4–5.3%

4.4%

Managed ROI (after tax)

10.7%

Gross Yield

50%

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: €96,236/yr
Average Daily Rate: €567
-7.0% vs area baselineMediterranean-traditional style (+5%), No pool (-12%)
Net Yield (after tax): 4.4%
Payback Period: 22.9 years
5-yr Capital Value: €915,827
10-yr Capital Value: €1.1M
Brixfox Score: 65 / 100
Comparable Properties: 5
Data Confidence: 52%
Search Radius: 4 km

True Investment Cost

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

€901,059

+14.1% over asking

Asking price€790,000
itp€69,000
legal€9,559
furnishing€30,000
notary registry€2,500
All-in investment€901,059

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: 3
Building: 273 m²
Land: 273 m²
Style: mediterranean-traditional
Condition: good
Energy Certificate: E

Design Features

large tiled courtyardexposed wooden beam ceilingstraditional tiled water feature

AI Investment Summary

B+ investment in Maó (Menorca). Score 65/100. Net yield 4.4% after tax | Occupancy 50% | ADR $567 | No STR licence on record

Score Breakdown

ROI
16.11
Visual Appeal
12.8
Ownership Security
13
Location
8.4
Land & Space
5.7
Rental Demand
5.02
Payback Speed
3
STR Suitability
1

Description

Discover the charm of this magnificent Menorcan house, where traditional character blends seamlessly with exquisite design and high-quality finishes. Completely refurbished in 2020, the property offers spacious, practical interiors ready to move into. The house comprises four bedrooms, three bathrooms, a cosy living ro

Location

📍 39.8865°, 4.2695°

Maó, Illes Balears, Spain

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

House in Tanques del Carme-Fort de l'Eau, Maó/Mahón

Maó · Balearic Islands · Ref BF-61323 Source verified · Idealista.com · listed 16 Jul 2026
Asking price · Freehold
$858,696
Ownership
Freehold
Bedrooms
4
Bathrooms
3
Built area
273 m²
Land
273 m²
True net yield
4.4%
≈ $6,745/mo net after costs & tax
5-yr total return (net + appreciation)
11.2% / yr avg
Payback in ~23 yrs from rent
Brixfox Score 65 · B+
Modelled from Airbnb listings we track across Maó — 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

Maó

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)
$616/night
50% ($308)Brixfox estimate($616/night)200% ($1,232)
Occupancy
50%
10%Brixfox estimate(50%)100%

Short-Term Rental

Indicative
Yearly income
$58,578
Likely range $35,147 – $82,010
Airbnb data$616/night · 50% occupancy
Rental income
$616/night · 50% occ.
$104,604
Running costs (20%)
Utilities, cleaning, maintenance
-$20,921
Income tax (24%)
Non-EU IRNR on gross rent
-$25,105
Net income
6.8% ROI
$58,578

Growth & Exit Strategy

How your investment grows over time

Freehold — 4%/yr appreciation in Maó.

$5.9M$4.4M$2.9M$1.5M$0Yr 0Yr 5Yr 10Yr 15Yr 20Yr 25Yr 30Paid back2x ReturnToday: $790K
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 13: rental income alone has repaid the full purchase price.
2x return
Year 9: total gains (capital + rental) have doubled your initial investment.
Year 5
Capital Value
$961K
+22%
Rental Income
+$286K
Total Position
$1.2M
+58%
9.6%/yr
Year 10
Capital Value
$1.2M
+48%
Rental Income
+$618K
Total Position
$1.8M
+126%
8.5%/yr
Year 20
Capital Value
$1.7M
+119%
Rental Income
+$1.4M
Total Position
$3.2M
+302%
7.2%/yr
Year 30
Capital Value
$2.6M
+224%
Rental Income
+$2.6M
Total Position
$5.1M
+549%
6.4%/yr

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Villa Scorecard

Location
Average
Emerging or secondary location
Rental Yield
Good
6.8% annual return
Occupancy
Average
50% average occupancy
Nightly Rate
Strong
$567 per night
Visual Appeal
Good
7/10 visual appeal
Size & Space
Average
273 m² land area
Zoning
Average
STR zoning not confirmed
Tenure
Strong
Freehold ownership

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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.