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

Terraced house in Avenida del Capità Negrete, Ciutadella, Ciutadella de Menorca

Ciutadella · Ciutadella · Illes Balears

€480,000

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.

4.5%

Net Yield (after tax, all-in)

indicative range 4.0–5.0%

4.5%

Managed ROI (after tax)

11.7%

Gross Yield

64%

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: €64,996/yr
Average Daily Rate: €303
-10.0% vs area baselineImage quality 6/10 (-3%), Mediterranean-traditional style (+5%), No pool (-12%)
Net Yield (after tax): 4.5%
Payback Period: 22.2 years
5-yr Capital Value: €556,452
10-yr Capital Value: €645,080
Brixfox Score: 61.1 / 100
Comparable Properties: 6
Data Confidence: 79%
Search Radius: 2 km

True Investment Cost

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

€557,508

+16.1% over asking

Asking price€480,000
itp€39,200
legal€5,808
furnishing€30,000
notary registry€2,500
All-in investment€557,508

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: 89 m²
Style: mediterranean-traditional
Condition: good

Design Features

wood_burning_stoveexposed_stone_wall_detailterracotta_floor_tiles

AI Investment Summary

B investment in Ciutadella (Menorca). Score 61.1/100. Net yield 4.5% after tax | Occupancy 64% | ADR $303 | No STR licence on record

Score Breakdown

ROI
16.5
Visual Appeal
8.8
Ownership Security
13
Location
8.64
Land & Space
3.78
Rental Demand
6.35
Payback Speed
3
STR Suitability
1

Description

We exclusively present this exceptional, fully renovated house, from the roof to the front door, on one of Ciutadella's main streets. The property is sold semi-furnished, with careful details and custom-made furniture, while maintaining the essence of the old, traditional houses of this area. Fantastic natural light in

Location

📍 39.9985°, 3.8393°

Ciutadella, Illes Balears, Spain

Listed by Atrium Menorca 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 Avenida del Capità Negrete, Ciutadella, Ciutadella de Menorca

Ciutadella · Balearic Islands · Ref BF-92228Source · Idealista.com · listed 1 Aug 2026
Asking price
$546,199
Bedrooms
3
Bathrooms
2
Built area
89 m²
Brixfox Score 61 · 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)
$344/night
50% ($172)Brixfox estimate($344/night)200% ($689)
Occupancy
64%
10%Brixfox estimate(64%)100%

Short-Term Rental

Indicative
Yearly income
$41,418
Likely range $24,851 – $57,985
Airbnb data$344/night · 64% occupancy
Rental income
$344/night · 64% occ.
$73,960
Running costs (20%)
Utilities, cleaning, maintenance
••••
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.

$3.8M$2.8M$1.9M$945K$0Yr 0Yr 5Yr 10Yr 15Yr 20Yr 25Yr 30Paid back2x ReturnToday: $480K
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 12: rental income alone has repaid the full purchase price.
2x return
Year 8: total gains (capital + rental) have doubled your initial investment.
Year 5
Capital Value
$584K
+22%
Rental Income
+$193K
Total Position
$777K
+62%
10.1%/yr
Year 10
Capital Value
$711K
+48%
Rental Income
+$417K
Total Position
$1.1M
+135%
8.9%/yr
Year 20
Capital Value
$1.1M
+119%
Rental Income
+$978K
Total Position
$2.0M
+323%
7.5%/yr
Year 30
Capital Value
$1.6M
+224%
Rental Income
+$1.7M
Total Position
$3.3M
+585%
6.6%/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.