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Detached house in Calle Portal del Mar, Centre Històric, Maó/Mahón
Detached house in Calle Portal del Mar, Centre Històric, Maó/Mahón — image 2Detached house in Calle Portal del Mar, Centre Històric, Maó/Mahón — image 3Detached house in Calle Portal del Mar, Centre Històric, Maó/Mahón — image 4Detached house in Calle Portal del Mar, Centre Històric, Maó/Mahón — image 5
Grade C+villabudget

Detached house in Calle Portal del Mar, Centre Històric, Maó/Mahón

Maó · Maó · Illes Balears

€595,000

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.

Limited comps — indicative only

Revenue projections are based on limited comparable data (0 comps, low confidence).

2.4%

Net Yield (after tax, all-in)

indicative range 1.8–3.1%

2.4%

Managed ROI (after tax)

7.4%

Gross Yield

64%

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: €50,492/yr
Average Daily Rate: €233
-45.0% vs area baselineImage quality 5/10 (-6%), Dated style (-15%), No pool (-12%), Budget finish (-12%)
Net Yield (after tax): 2.4%
Payback Period: 41.0 years
5-yr Capital Value: €689,768
10-yr Capital Value: €799,630
Brixfox Score: 53.2 / 100

True Investment Cost

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

€684,250

+15.0% over asking

Asking price€595,000
itp€49,550
legal€7,200
furnishing€30,000
notary registry€2,500
All-in investment€684,250

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: 398 m²
Style: dated
Condition: needs-renovation
Energy Certificate: D

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

arched-doorwaystone-staircase

Score Breakdown

ROI
9.54
Visual Appeal
7.8
Ownership Security
13
Location
8.4
Land & Space
6
Rental Demand
6.41
Payback Speed
1
STR Suitability
1

Description

Traditional house in an exceptional location, located in a very central street and currently distributed in three properties: ground floor with commercial premises and three additional floors. This complete building offers multiple possibilities, from its current configuration to the creation of several independent ho

Location

📍 39.8885°, 4.2658°

Maó, Illes Balears, Spain

Listed by Casas en Menorca.com 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

Detached house in Calle Portal del Mar, Centre Històric, Maó/Mahón

Maó · Balearic Islands · Ref BF-6168 Source verified · Idealista.com · listed 17 Jun 2026
Asking price · Freehold
$646,739
Ownership
Freehold
Bedrooms
4
Bathrooms
3
Built area
398 m²
True net yield
2.4%
≈ $3,133/mo net after costs & tax
5-yr total return (net + appreciation)
9.1% / yr avg
Payback in ~41 yrs from rent
Brixfox Score 53 · C+

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)
$253/night
50% ($127)Brixfox estimate($253/night)200% ($506)
Occupancy
64%
10%Brixfox estimate(64%)100%

Short-Term Rental

Indicative
Yearly income
$30,734
Likely range $18,440 – $43,028
Airbnb data$253/night · 64% occupancy
Rental income
$253/night · 64% occ.
$54,883
Running costs (20%)
Utilities, cleaning, maintenance
-$10,977
Income tax (24%)
Non-EU IRNR on gross rent
-$13,172
Net income
4.8% ROI
$30,734

Growth & Exit Strategy

How your investment grows over time

Freehold — 4%/yr appreciation in Maó.

$3.8M$2.8M$1.9M$942K$0Yr 0Yr 5Yr 10Yr 15Yr 20Yr 25Yr 30Paid back2x ReturnToday: $595K
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 17: rental income alone has repaid the full purchase price.
2x return
Year 10: total gains (capital + rental) have doubled your initial investment.
Year 5
Capital Value
$724K
+22%
Rental Income
+$150K
Total Position
$874K
+47%
8.0%/yr
Year 10
Capital Value
$881K
+48%
Rental Income
+$324K
Total Position
$1.2M
+103%
7.3%/yr
Year 20
Capital Value
$1.3M
+119%
Rental Income
+$760K
Total Position
$2.1M
+247%
6.4%/yr
Year 30
Capital Value
$1.9M
+224%
Rental Income
+$1.3M
Total Position
$3.3M
+450%
5.8%/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
Average
4.8% annual return
Occupancy
Good
64% average occupancy
Nightly Rate
Strong
$233 per night
Visual Appeal
Weak
3/10 instagrammability
Size & Space
Weak
0 m² land area
Zoning
Average
STR zoning not confirmed
Tenure
Strong
Freehold ownership

Top Highlights

Premium nightly rate of $233 — positioned in the top tier
Freehold ownership — maximum long-term security

Watch Out

Secondary location — rental demand may be lower than premium areas
Yield of 4.8% is near the market average — model your cashflow carefully

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

Risks & What-If

What if occupancy changes?

Owner Managed scenario

44% occ.
3.5%
$1,904/mo
54% occ.
4.3%
$2,335/mo
64% occ.
5.1%
$2,766/mo
current
74% occ.
5.9%
$3,198/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.