Terraced house in Plaza de la Llibertat, Ciutadella, Ciutadella de Menorca
Terraced house in Plaza de la Llibertat, Ciutadella, Ciutadella de Menorca — image 2Terraced house in Plaza de la Llibertat, Ciutadella, Ciutadella de Menorca — image 3Terraced house in Plaza de la Llibertat, Ciutadella, Ciutadella de Menorca — image 4Terraced house in Plaza de la Llibertat, Ciutadella, Ciutadella de Menorca — image 5
Grade Avillamid-range

Terraced house in Plaza de la Llibertat, Ciutadella, Ciutadella de Menorca

Ciutadella · Ciutadella · Illes Balears

€690,000

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.

7.7%

Net Yield (after tax, all-in)

indicative range 6.6–8.9%

7.7%

Managed ROI (after tax)

17.3%

Gross Yield

71%

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: €136,375/yr
Average Daily Rate: €566
+3.0% vs area baselineImage quality 8/10 (+3%), Modern/contemporary style (+12%), No pool (-12%)
Net Yield (after tax): 7.7%
Payback Period: 12.9 years
5-yr Capital Value: €799,899
10-yr Capital Value: €927,302
Brixfox Score: 77.7 / 100
Comparable Properties: 7
Data Confidence: 69%
Search Radius: 3 km

True Investment Cost

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

€789,849

+14.5% over asking

Asking price€690,000
itp€59,000
legal€8,349
furnishing€30,000
notary registry€2,500
All-in investment€789,849

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: 145 m²
Style: modern
Condition: excellent
Energy Certificate: C

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

vertical garden wallintegrated bench seatingmodern wall sconces

AI Investment Summary

A investment in Ciutadella (Menorca). Score 77.7/100. Net yield 7.7% after tax | Occupancy 71% | ADR $566 | No STR licence on record

Score Breakdown

ROI
24.48
Visual Appeal
13.6
Ownership Security
13
Location
8.64
Land & Space
4.9
Rental Demand
7.12
Payback Speed
5
STR Suitability
1

Description

(The property is being renovated; the renders shown in the images do not represent the current state of the property but rather its condition once the renovation is completed. ) With a total of 144m² built plus a basement, this three-story property offers a functional design and great potential. On the ground floor,

Location

📍 40.0019°, 3.8417°

Ciutadella, Illes Balears, Spain

Visit Fincas Seminari →Listed via Idealista.com
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Terraced house in Plaza de la Llibertat, Ciutadella, Ciutadella de Menorca

Ciutadella · Balearic Islands · Ref BF-6399Source · Fincas Seminari · listed 17 Jun 2026
Asking price
$785,162
View original listing
Bedrooms
4
Bathrooms
3
Built area
145 m²
Brixfox Score 78 · A
Modelled from Airbnb listings we track across Ciutadella — 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

Ciutadella

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)
$644/night
50% ($322)Brixfox estimate($644/night)200% ($1,289)
Occupancy
71%
10%Brixfox estimate(71%)100%

Short-Term Rental

Indicative
Yearly income
$86,903
Likely range $52,142 – $121,664
Airbnb data$644/night · 71% occupancy
Rental income
$644/night · 71% occ.
$155,183
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 Ciutadella.

$6.8M$5.1M$3.4M$1.7M$0Yr 0Yr 5Yr 10Yr 15Yr 20Yr 25Yr 30Paid back2x ReturnToday: $690K
Capital appreciation
Property value growing at +4%/yr based on Ciutadella 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 9: rental income alone has repaid the full purchase price.
2x return
Year 7: total gains (capital + rental) have doubled your initial investment.
Year 5
Capital Value
$839K
+22%
Rental Income
+$405K
Total Position
$1.2M
+80%
12.5%/yr
Year 10
Capital Value
$1.0M
+48%
Rental Income
+$875K
Total Position
$1.9M
+175%
10.6%/yr
Year 20
Capital Value
$1.5M
+119%
Rental Income
+$2.1M
Total Position
$3.6M
+417%
8.6%/yr
Year 30
Capital Value
$2.2M
+224%
Rental Income
+$3.6M
Total Position
$5.9M
+751%
7.4%/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.