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Terraced house in Ciutadella, Ciutadella de Menorca
Terraced house in Ciutadella, Ciutadella de Menorca — image 2Terraced house in Ciutadella, Ciutadella de Menorca — image 3Terraced house in Ciutadella, Ciutadella de Menorca — image 4Terraced house in Ciutadella, Ciutadella de Menorca — image 5
Grade Bvillamid-range

Terraced house in Ciutadella, Ciutadella de Menorca

Ciutadella · Ciutadella · Illes Balears

€460,000

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.

3.1%

Net Yield (after tax, all-in)

3.1%

Managed ROI (after tax)

9.0%

Gross Yield

34%

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: €48,124/yr
Average Daily Rate: €419
Net Yield (after tax): 3.1%
Payback Period: 32.7 years
5-yr Capital Value: €533,266
10-yr Capital Value: €618,202
Brixfox Score: 56.1 / 100

True Investment Cost

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

€535,466

+16.4% over asking

Asking price€460,000
itp€37,400
legal€5,566
furnishing€30,000
notary registry€2,500
All-in investment€535,466

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: 3
Bathrooms: 2
Building: 167 m²
Style: contemporary
Condition: excellent
Energy Certificate: In process

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

large wall mirrormodern fireplacerocking chair

Score Breakdown

ROI
11.71
Visual Appeal
11.2
Ownership Security
13
Location
8.4
Land & Space
5.34
Rental Demand
3.4
Payback Speed
2
STR Suitability
1

Description

Impeccable house in EXCLUSIVE, "Consolación" area, close to educational centers, health centers and even leisure centers. Unbeatable area due to its proximity to the center of town, all just a ten-minute walk away, a privilege for those who decide to establish their residence and enjoy one of the most familiar and qui

Location

📍 40.0019°, 3.8417°

Ciutadella, Illes Balears, Spain

Listed by Inmobiliaria Zenhouse Credit Zenhouse via Idealista.com
3-bedroom freehold villa in Ciutadella — photo 1 of 5
Idealista.com
3-bedroom freehold villa in Ciutadella — photo 2 of 5
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3-bedroom freehold villa in Ciutadella — photo 5 of 5

Terraced house in Ciutadella, Ciutadella de Menorca

Ciutadella · Balearic Islands · Ref BF-6725 Source verified · Idealista.com · listed 17 Jun 2026
Asking price · Freehold
$500,000
Ownership
Freehold
Bedrooms
3
Bathrooms
2
Built area
167 m²
True net yield
3.1%
≈ $3,048/mo net after costs & tax
5-yr total return (net + appreciation)
10.2% / yr avg
Payback in ~33 yrs from rent
Brixfox Score 56 · B

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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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)
$455/night
50% ($227)Brixfox estimate($455/night)200% ($910)
Occupancy
34%
10%Brixfox estimate(34%)100%

Short-Term Rental

Indicative
Yearly income
$29,293
Likely range $17,576 – $41,010
Airbnb data$455/night · 34% occupancy
Rental income
$455/night · 34% occ.
$52,309
Running costs (20%)
Utilities, cleaning, maintenance
-$10,462
Income tax (24%)
Non-EU IRNR on gross rent
-$12,554
Net income
5.9% ROI
$29,293

Growth & Exit Strategy

How your investment grows over time

Freehold — 4%/yr appreciation in Ciutadella.

$3.2M$2.4M$1.6M$798K$0Yr 0Yr 5Yr 10Yr 15Yr 20Yr 25Yr 30Paid back2x ReturnToday: $460K
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 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
$560K
+22%
Rental Income
+$143K
Total Position
$703K
+53%
8.8%/yr
Year 10
Capital Value
$681K
+48%
Rental Income
+$309K
Total Position
$990K
+115%
8.0%/yr
Year 20
Capital Value
$1.0M
+119%
Rental Income
+$724K
Total Position
$1.7M
+277%
6.9%/yr
Year 30
Capital Value
$1.5M
+224%
Rental Income
+$1.3M
Total Position
$2.8M
+503%
6.2%/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
5.9% annual return
Occupancy
Weak
34% average occupancy
Nightly Rate
Strong
$419 per night
Visual Appeal
Good
6/10 instagrammability
Size & Space
Weak
0 m² land area
Zoning
Average
STR zoning not confirmed
Tenure
Strong
Freehold ownership

Top Highlights

Premium nightly rate of $419 — 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 34% — 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.
5.6%
$2,325/mo
40% occ.
7.4%
$3,100/mo
34% occ.
6.3%
$2,636/mo
current
44% occ.
8.2%
$3,411/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.