Detached house in La Bonanova - Porto Pi, Palma de Mallorca
Grade C+villamid-range

Detached house in La Bonanova - Porto Pi, Palma de Mallorca

Palma · Palma · Illes Balears

€5M

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.

1.3%

Net Yield (after tax, all-in)

indicative range 1.0–1.5%

1.3%

Managed ROI (after tax)

3.8%

Gross Yield

57%

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: €214,172/yr
Average Daily Rate: €1120
+3.0% vs area baselineMediterranean-traditional style (+5%), No pool (-12%), Has sea (+10%)
Net Yield (after tax): 1.3%
Payback Period: 78.0 years
5-yr Capital Value: €5.8M
10-yr Capital Value: €6.7M
Brixfox Score: 54.4 / 100
Comparable Properties: 7
Data Confidence: 60%
Search Radius: 6 km

True Investment Cost

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

€5.6M

+12.9% over asking

Asking price€5M
itp€600,000
legal€12,100
furnishing€30,000
notary registry€2,500
All-in investment€5.6M

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: 6
Bathrooms: 7
Building: 720 m²
Style: mediterranean-traditional
Condition: good
Year Built: 1973
sea

Design Features

marina viewscityscape backdropmountain range in distance

AI Investment Summary

C+ investment in Palma (Mallorca). Score 54.4/100. Net yield 1.3% after tax | Occupancy 57% | ADR $1120 | No STR licence on record

Score Breakdown

ROI
5.12
Visual Appeal
13.4
Ownership Security
13
Location
10.2
Land & Space
6
Rental Demand
5.66
Payback Speed
0
STR Suitability
1

Description

In Porto Pi, one of the most central and well-established areas of Palma, stands this listed manor house dating back to 1880, set on a private plot of more than 1,000 m2. It is a property with historical character and heritage value, located in a well-connected urban setting. One of the main features of the property i

Location

📍 39.5516°, 2.6232°

Palma, Illes Balears, Spain

Listed by RED Premium Real Estate via Idealista.com
6-bedroom freehold villa in Palma — photo 1 of 1
Idealista.com

Detached house in La Bonanova - Porto Pi, Palma de Mallorca

Palma · Balearic Islands · Ref BF-88429Source · Idealista.com · listed 1 Aug 2026
Asking price
$5,689,577
Bedrooms
6
Bathrooms
7
Built area
720 m²
Brixfox Score 54 · C+
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)
$1,275/night
50% ($637)Brixfox estimate($1,275/night)200% ($2,549)
Occupancy
57%
10%Brixfox estimate(57%)100%

Short-Term Rental

Indicative
Yearly income
$136,477
Likely range $81,887 – $191,069
Airbnb data$1,275/night · 57% occupancy
Rental income
$1,275/night · 57% occ.
$243,710
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.

$25.2M$18.9M$12.6M$6.3M$0Yr 0Yr 5Yr 10Yr 15Yr 20Yr 25Yr 30Paid back2x ReturnToday: $5.0M
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 28: rental income alone has repaid the full purchase price.
2x return
Year 13: total gains (capital + rental) have doubled your initial investment.
Year 5
Capital Value
$6.1M
+22%
Rental Income
+$637K
Total Position
$6.7M
+34%
6.1%/yr
Year 10
Capital Value
$7.4M
+48%
Rental Income
+$1.4M
Total Position
$8.8M
+76%
5.8%/yr
Year 20
Capital Value
$11.0M
+119%
Rental Income
+$3.2M
Total Position
$14.2M
+184%
5.3%/yr
Year 30
Capital Value
$16.2M
+224%
Rental Income
+$5.7M
Total Position
$21.9M
+338%
5.1%/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.