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House in Centre Històric, Maó/Mahón
House in Centre Històric, Maó/Mahón — image 2House in Centre Històric, Maó/Mahón — image 3House in Centre Històric, Maó/Mahón — image 4House in Centre Històric, Maó/Mahón — image 5
Grade C+villabudget

House in 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).

3.2%

Net Yield (after tax, all-in)

indicative range 2.4–4.1%

3.2%

Managed ROI (after tax)

8.8%

Gross Yield

48%

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: €60,487/yr
Average Daily Rate: €371
-45.0% vs area baselineImage quality 5/10 (-6%), Dated style (-15%), No pool (-12%), Budget finish (-12%)
Net Yield (after tax): 3.2%
Payback Period: 31.2 years
5-yr Capital Value: €689,768
10-yr Capital Value: €799,630
Brixfox Score: 54.3 / 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: 8
Bathrooms: 3
Building: 398 m²
Land: 70 m²
Style: dated
Condition: needs-renovation
Energy Certificate: 97,2 kWh/m² year

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

grand staircasearched doorways

Score Breakdown

ROI
12.24
Visual Appeal
6.8
Ownership Security
13
Location
8.4
Land & Space
6
Rental Demand
4.83
Payback Speed
2
STR Suitability
1

Description

A rare opportunity in the very heart of Mahón. This elegant terraced townhouse enjoys an exceptional setting, just steps from the port, the Town Hall and the commercial and historic centre of Menorca's capital. A prime location, ideal both as a private residence and as an investment. The property offers remarkable vers

Location

📍 39.8885°, 4.2658°

Maó, Illes Balears, Spain

Visit Bonnin Sanso Menorca →Listed via Idealista.com
8-bedroom freehold villa in Maó — photo 1 of 5
Bonnin Sanso Menorca
8-bedroom freehold villa in Maó — photo 2 of 5
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8-bedroom freehold villa in Maó — photo 5 of 5

House in Centre Històric, Maó/Mahón

Maó · Balearic Islands · Ref BF-6264 Source verified · Bonnin Sanso Menorca · listed 17 Jun 2026
Asking price · Freehold
$646,739
View original listing
Ownership
Freehold
Bedrooms
8
Bathrooms
3
Built area
398 m²
Land
70 m²
True net yield
3.2%
≈ $3,957/mo net after costs & tax
5-yr total return (net + appreciation)
10.0% / yr avg
Payback in ~31 yrs from rent
Brixfox Score 54 · 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)
$403/night
50% ($202)Brixfox estimate($403/night)200% ($806)
Occupancy
48%
10%Brixfox estimate(48%)100%

Short-Term Rental

Indicative
Yearly income
$36,818
Likely range $22,091 – $51,546
Airbnb data$403/night · 48% occupancy
Rental income
$403/night · 48% occ.
$65,747
Running costs (20%)
Utilities, cleaning, maintenance
-$13,149
Income tax (24%)
Non-EU IRNR on gross rent
-$15,779
Net income
5.7% ROI
$36,818

Growth & Exit Strategy

How your investment grows over time

Freehold — 4%/yr appreciation in Maó.

$4.1M$3.1M$2.0M$1.0M$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 15: 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
$724K
+22%
Rental Income
+$180K
Total Position
$904K
+52%
8.7%/yr
Year 10
Capital Value
$881K
+48%
Rental Income
+$388K
Total Position
$1.3M
+113%
7.9%/yr
Year 20
Capital Value
$1.3M
+119%
Rental Income
+$910K
Total Position
$2.2M
+272%
6.8%/yr
Year 30
Capital Value
$1.9M
+224%
Rental Income
+$1.6M
Total Position
$3.5M
+495%
6.1%/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
Good
5.7% annual return
Occupancy
Average
48% average occupancy
Nightly Rate
Strong
$371 per night
Visual Appeal
Weak
3/10 instagrammability
Size & Space
Weak
70 m² land area
Zoning
Average
STR zoning not confirmed
Tenure
Strong
Freehold ownership

Top Highlights

Premium nightly rate of $371 — positioned in the top tier
Freehold ownership — maximum long-term security

Watch Out

Secondary location — rental demand may be lower than premium areas
Occupancy at 48% — 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.
3.8%
$2,060/mo
40% occ.
5.1%
$2,746/mo
48% occ.
6.1%
$3,314/mo
current
58% occ.
7.4%
$4,000/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.