Detached house in Camino de Sa Punta Rasa, Formentera
Detached house in Camino de Sa Punta Rasa, Formentera — image 2Detached house in Camino de Sa Punta Rasa, Formentera — image 3Detached house in Camino de Sa Punta Rasa, Formentera — image 4Detached house in Camino de Sa Punta Rasa, Formentera — image 5
Grade B+villamid-range

Detached house in Camino de Sa Punta Rasa, Formentera

Formentera · Formentera · Illes Balears

€1.6M

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.

4.1%

Net Yield (after tax, all-in)

indicative range 3.34.8%

4.1%

Managed ROI (after tax)

9.5%

Gross Yield

65%

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: €170,056/yr
Average Daily Rate: 772
+3.0% vs area baselineMediterranean-traditional style (+5%), No pool (-12%), Has countryside (+10%)
Net Yield (after tax): 4.1%
Payback Period: 24.6 years
5-yr Capital Value: €1.8M
10-yr Capital Value: €2.1M
Brixfox Score: 74.3 / 100
Comparable Properties: 6
Data Confidence: 60%
Search Radius: 4 km

True Investment Cost

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

€1.8M

+12.9% over asking

Asking price€1.6M
itp€159,600
legal€12,100
furnishing€30,000
notary registry€2,500
All-in investment€1.8M

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: 4
Building: 214
Land: 2889
Style: mediterranean-traditional
Condition: good
Energy Certificate: In process
countryside

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

blue shutterscovered outdoor dining areacovered outdoor lounge areatraditional tiled roof

AI Investment Summary

B+ investment in Formentera (Formentera). Score 74.3/100. Net yield 4.1% after tax | Occupancy 65% | ADR $772 | No STR licence on record

Score Breakdown

ROI
15.21
Visual Appeal
12.8
Ownership Security
13
Location
10.8
Land & Space
12
Rental Demand
6.52
Payback Speed
3
STR Suitability
1

Description

CALA SAONA – EXCLUSIVE PROPERTY FOR SALE Discover this fantastic property located just 5 minutes from Cala Saona, one of the island's most spectacular beaches. Situated in a tranquil and authentic environment, surrounded by nature, this home offers complete privacy to enjoy a serene and exclusive lifestyle. The proper

Location

📍 38.6902°, 1.3934°

Formentera, Illes Balears, Spain

Visit LaffittacaseListed via Idealista.com
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Detached house in Camino de Sa Punta Rasa, Formentera

Formentera · Balearic Islands · Ref BF-7857Source · Laffittacase · listed 18 Jun 2026
Asking price
$1,797,906
View original listing
Bedrooms
4
Bathrooms
4
Built area
214 m²
Land
2889 m²
Brixfox Score 74 · B+
Modelled from Airbnb listings we track across Formentera — 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

Formentera

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)
$878/night
50% ($439)Brixfox estimate($878/night)200% ($1,757)
Occupancy
65%
10%Brixfox estimate(65%)100%

Short-Term Rental

Indicative
Yearly income
$108,365
Likely range $65,019$151,711
Airbnb data$878/night · 65% occupancy
Rental income
$878/night · 65% occ.
$193,509
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 Formentera.

$11.1M$8.3M$5.6M$2.8M$0Yr 0Yr 5Yr 10Yr 15Yr 20Yr 25Yr 30Paid back2x ReturnToday: $1.6M
Capital appreciation
Property value growing at +4%/yr based on Formentera 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
$1.9M
+22%
Rental Income
+$506K
Total Position
$2.4M
+54%
9.0%/yr
Year 10
Capital Value
$2.3M
+48%
Rental Income
+$1.1M
Total Position
$3.4M
+117%
8.1%/yr
Year 20
Capital Value
$3.5M
+119%
Rental Income
+$2.6M
Total Position
$6.0M
+281%
6.9%/yr
Year 30
Capital Value
$5.1M
+224%
Rental Income
+$4.5M
Total Position
$9.7M
+511%
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.