Terraced house in Calle de Mazagan, Son Espanyolet, Palma de Mallorca
Terraced house in Calle de Mazagan, Son Espanyolet, Palma de Mallorca — image 2Terraced house in Calle de Mazagan, Son Espanyolet, Palma de Mallorca — image 3Terraced house in Calle de Mazagan, Son Espanyolet, Palma de Mallorca — image 4Terraced house in Calle de Mazagan, Son Espanyolet, Palma de Mallorca — image 5
Grade Bvillaluxury

Terraced house in Calle de Mazagan, Son Espanyolet, Palma de Mallorca

Palma · Palma · Illes Balears

€2.2M

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.

1.7%

Net Yield (after tax, all-in)

indicative range 1.4–2.0%

1.7%

Managed ROI (after tax)

4.9%

Gross Yield

35%

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: €120,570/yr
Average Daily Rate: €1010
+36.0% vs area baselineImage quality 9/10 (+6%), Modern/contemporary style (+12%), Has pool (0%), Has garden (+10%), Luxury finish (+8%)
Net Yield (after tax): 1.7%
Payback Period: 58.4 years
5-yr Capital Value: €2.6M
10-yr Capital Value: €3.0M
Brixfox Score: 56.2 / 100
Comparable Properties: 8
Data Confidence: 64%
Search Radius: 6 km

True Investment Cost

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

€2.5M

+12.8% over asking

Asking price€2.2M
itp€236,000
legal€12,100
furnishing€30,000
notary registry€2,500
All-in investment€2.5M

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: 205 m²
Style: contemporary
Condition: new-build
Year Built: 1960
Private Pool
garden

Design Features

outdoor lounge with integrated hot tublush vertical gardens/bougainvillea wallsexposed wooden beam ceilingsminimalist fireplace designintegrated outdoor lighting

AI Investment Summary

B investment in Palma (Mallorca). Score 56.2/100. Net yield 1.7% after tax | Occupancy 35% | ADR $1010 | No STR licence on record | Pool

Score Breakdown

ROI
6.84
Visual Appeal
15.6
Ownership Security
13
Location
10.2
Land & Space
6
Rental Demand
3.53
Payback Speed
0
STR Suitability
1

Description

Completely renovated house with private pool, garden and parking, located in the sought-after peaceful upper part of Son Espanyolet. This is one of Palma's most desirable residential neighbourhoods. This completely renovated townhouse with 200 m2 of living area offers a rare combination of tranquillity, privacy and proximity to the city centre. Designed and constructed to a high standard, combining timeless Mediterranean architecture with contemporary design and premium materials throughout. Set

Location

📍 39.5779°, 2.6325°

Palma, Illes Balears, Spain

Listed by W Mallorca Invest via Idealista.com
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Idealista.com
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Terraced house in Calle de Mazagan, Son Espanyolet, Palma de Mallorca

Palma · Balearic Islands · Ref BF-88336Source · Idealista.com · listed 1 Aug 2026
Asking price
$2,503,414
Bedrooms
4
Bathrooms
3
Built area
205 m²
Brixfox Score 56 · B
Modelled from Airbnb listings we track across Palma — 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

Palma

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)
$1,149/night
50% ($575)Brixfox estimate($1,149/night)200% ($2,299)
Occupancy
35%
10%Brixfox estimate(35%)100%

Short-Term Rental

Indicative
Yearly income
$76,831
Likely range $46,099 – $107,564
Airbnb data$1,149/night · 35% occupancy
Rental income
$1,149/night · 35% occ.
$137,198
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 Palma.

$11.9M$8.9M$5.9M$3.0M$0Yr 0Yr 5Yr 10Yr 15Yr 20Yr 25Yr 30Paid back2x ReturnToday: $2.2M
Capital appreciation
Property value growing at +4%/yr based on Palma 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 24: rental income alone has repaid the full purchase price.
2x return
Year 12: total gains (capital + rental) have doubled your initial investment.
Year 5
Capital Value
$2.7M
+22%
Rental Income
+$358K
Total Position
$3.0M
+38%
6.6%/yr
Year 10
Capital Value
$3.3M
+48%
Rental Income
+$774K
Total Position
$4.0M
+83%
6.2%/yr
Year 20
Capital Value
$4.8M
+119%
Rental Income
+$1.8M
Total Position
$6.6M
+202%
5.7%/yr
Year 30
Capital Value
$7.1M
+224%
Rental Income
+$3.2M
Total Position
$10.3M
+370%
5.3%/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.