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 Bvillamid-range

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

Maó · Maó · Illes Balears

€680,000

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.

3.5%

Net Yield (after tax, all-in)

indicative range 3.1–3.8%

3.5%

Managed ROI (after tax)

9.2%

Gross Yield

69%

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: €71,433/yr
Average Daily Rate: €306
+3.0% vs area baselineMediterranean-traditional style (+5%), No pool (-12%), Has garden (+10%)
Net Yield (after tax): 3.5%
Payback Period: 28.7 years
5-yr Capital Value: €788,306
10-yr Capital Value: €913,863
Brixfox Score: 63.3 / 100
Comparable Properties: 9
Data Confidence: 81%
Search Radius: 2 km

True Investment Cost

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

€778,728

+14.5% over asking

Asking price€680,000
itp€58,000
legal€8,228
furnishing€30,000
notary registry€2,500
All-in investment€778,728

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: 2
Bathrooms: 3
Building: 212 m²
Style: mediterranean-traditional
Condition: good
Energy Certificate: E
garden

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

exposed ceiling beamsarched doorwaysliding barn doorwood-burning stovelarge glass doors to garden

AI Investment Summary

B investment in Maó (Menorca). Score 63.3/100. Net yield 3.5% after tax | Occupancy 69% | ADR $306 | No STR licence on record

Score Breakdown

ROI
13.18
Visual Appeal
12.8
Ownership Security
13
Location
8.4
Land & Space
6
Rental Demand
6.9
Payback Speed
2
STR Suitability
1

Description

Opportunities like this are rare in the port of Mahón. A former fisherman’s house, beautifully restored to preserve its authentic essence while embracing modern comfort. With three sunlit floors, open loft-style spaces, and a distinctive blend of seafaring heritage and carefully curated retro decor, this home is truly

Location

📍 39.8890°, 4.2702°

Maó, Illes Balears, Spain

Listed by Inmobiliaria ses moreres via Idealista.com
2-bedroom freehold villa in Maó — photo 1 of 5
Idealista.com
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House in Tanques del Carme-Fort de l'Eau, Maó/Mahón

Maó · Balearic Islands · Ref BF-6273Source · Idealista.com · listed 17 Jun 2026
Asking price
$773,782
Bedrooms
2
Bathrooms
3
Built area
212 m²
Brixfox Score 63 · 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.

Adjust Forecast

Customize your projections
Nightly Rate (ADR)
$349/night
50% ($174)Brixfox estimate($349/night)200% ($697)
Occupancy
69%
10%Brixfox estimate(69%)100%

Short-Term Rental

Indicative
Yearly income
$45,519
Likely range $27,311 – $63,727
Airbnb data$349/night · 69% occupancy
Rental income
$349/night · 69% occ.
$81,285
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 Maó.

$4.7M$3.5M$2.4M$1.2M$0Yr 0Yr 5Yr 10Yr 15Yr 20Yr 25Yr 30Paid back2x ReturnToday: $680K
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 14: 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
$827K
+22%
Rental Income
+$212K
Total Position
$1.0M
+53%
8.9%/yr
Year 10
Capital Value
$1.0M
+48%
Rental Income
+$459K
Total Position
$1.5M
+115%
8.0%/yr
Year 20
Capital Value
$1.5M
+119%
Rental Income
+$1.1M
Total Position
$2.6M
+277%
6.9%/yr
Year 30
Capital Value
$2.2M
+224%
Rental Income
+$1.9M
Total Position
$4.1M
+504%
6.2%/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.