House in Urbanització Cala Morell, Cala Morell, Ciutadella de Menorca
House in Urbanització Cala Morell, Cala Morell, Ciutadella de Menorca — image 2House in Urbanització Cala Morell, Cala Morell, Ciutadella de Menorca — image 3House in Urbanització Cala Morell, Cala Morell, Ciutadella de Menorca — image 4House in Urbanització Cala Morell, Cala Morell, Ciutadella de Menorca — image 5
Grade Bvillaluxury

House in Urbanització Cala Morell, Cala Morell, Ciutadella de Menorca

Ciutadella · Ciutadella · Illes Balears

€2.1M

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.

2.2%

Net Yield (after tax, all-in)

indicative range 1.8–2.5%

2.2%

Managed ROI (after tax)

5.7%

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: €135,422/yr
Average Daily Rate: €562
+26.0% vs area baselineImage quality 8/10 (+3%), Mediterranean-traditional style (+5%), Has pool (0%), Has garden (+10%), Luxury finish (+8%)
Net Yield (after tax): 2.2%
Payback Period: 46.3 years
5-yr Capital Value: €2.4M
10-yr Capital Value: €2.8M
Brixfox Score: 59.5 / 100
Comparable Properties: 5
Data Confidence: 66%
Search Radius: 6 km

True Investment Cost

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

€2.4M

+12.7% over asking

Asking price€2.1M
itp€222,350
legal€12,100
furnishing€30,000
notary registry€2,500
All-in investment€2.4M

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: 336 m²
Style: mediterranean-traditional
Condition: excellent
Year Built: 2006
Private Pool
garden

Design Features

arched covered terracetraditional terracotta roof tileslandscaped garden with native plantscurved swimming pool with integrated steps

AI Investment Summary

B investment in Ciutadella (Menorca). Score 59.5/100. Net yield 2.2% after tax | Occupancy 71% | ADR $562 | No STR licence on record | Pool

Score Breakdown

ROI
8.56
Visual Appeal
14.2
Ownership Security
13
Location
8.64
Land & Space
6
Rental Demand
7.12
Payback Speed
1
STR Suitability
1

Description

Exclusive Villa located in one of the most exclusive and quiet residential areas of Cala Morell, this elegant detached villa stands out for its spaciousness, quality of construction, and an excellent combination of comfort, privacy, and functionality. The property is situated on a plot of over 1,170 m², fully legalize

Location

📍 40.0550°, 3.8879°

Ciutadella, Illes Balears, Spain

Listed by CENTRE CALCUL CIUTADELLA, SL via Idealista.com
4-bedroom freehold villa in Ciutadella — photo 1 of 5
Idealista.com
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House in Urbanització Cala Morell, Cala Morell, Ciutadella de Menorca

Ciutadella · Balearic Islands · Ref BF-92023Source · Idealista.com · listed 1 Aug 2026
Asking price
$2,383,933
Bedrooms
4
Bathrooms
4
Built area
336 m²
Brixfox Score 60 · B
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)
$640/night
50% ($320)Brixfox estimate($640/night)200% ($1,280)
Occupancy
71%
10%Brixfox estimate(71%)100%

Short-Term Rental

Indicative
Yearly income
$86,295
Likely range $51,777 – $120,814
Airbnb data$640/night · 71% occupancy
Rental income
$640/night · 71% occ.
$154,099
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.

$12.0M$9.0M$6.0M$3.0M$0Yr 0Yr 5Yr 10Yr 15Yr 20Yr 25Yr 30Paid back2x ReturnToday: $2.1M
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 21: rental income alone has repaid the full purchase price.
2x return
Year 11: total gains (capital + rental) have doubled your initial investment.
Year 5
Capital Value
$2.5M
+22%
Rental Income
+$403K
Total Position
$3.0M
+41%
7.1%/yr
Year 10
Capital Value
$3.1M
+48%
Rental Income
+$869K
Total Position
$4.0M
+90%
6.6%/yr
Year 20
Capital Value
$4.6M
+119%
Rental Income
+$2.0M
Total Position
$6.6M
+216%
5.9%/yr
Year 30
Capital Value
$6.8M
+224%
Rental Income
+$3.6M
Total Position
$10.4M
+397%
5.5%/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.