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Detached house in Calle Vaticano, 5, Tauro-Playa del Cura, Mogán
Detached house in Calle Vaticano, 5, Tauro-Playa del Cura, Mogán — image 2Detached house in Calle Vaticano, 5, Tauro-Playa del Cura, Mogán — image 3Detached house in Calle Vaticano, 5, Tauro-Playa del Cura, Mogán — image 4Detached house in Calle Vaticano, 5, Tauro-Playa del Cura, Mogán — image 5
Grade Bvillamid-range

Detached house in Calle Vaticano, 5, Tauro-Playa del Cura, Mogán

Mogán · Mogán · Las Palmas

€920,000

Asking Price (EUR)

STR Restriction Warning

Canaries vacacional (VV) rules tightened under Ley 2/2025: new licences face residential-zone limits, community-of-owners approval and municipal caps. Verify the property holds a valid, transferable VV registration with the agency.

2.9%

Net Yield (after tax, all-in)

2.9%

Managed ROI (after tax)

7.7%

Gross Yield

42%

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: €78,206/yr
Average Daily Rate: €554
+12.0% vs area baselineImage quality 6/10 (-3%), Mediterranean-traditional style (+5%), Has pool (0%), Has mountain (+10%)
Net Yield (after tax): 2.9%
Payback Period: 34.8 years
5-yr Capital Value: €1.1M
10-yr Capital Value: €1.2M
Brixfox Score: 58.6 / 100

True Investment Cost

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

€1.0M

+11.1% over asking

Asking price€920,000
itp€59,800
legal€9,844
furnishing€30,000
notary registry€2,500
All-in investment€1.0M

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: 5
Bathrooms: 5
Building: 656 m²
Land: 1560 m²
Style: mediterranean-traditional
Condition: good
Energy Certificate: In process
Private Pool
mountain

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

terraced architecturestone accentsenclosed patio/solarium

Score Breakdown

ROI
11.08
Visual Appeal
8.8
Ownership Security
13
Location
8.4
Land & Space
11.17
Rental Demand
4.18
Payback Speed
1
STR Suitability
1

Description

BUSINESS / DEVELOPMENT OPPORTUNITY – Large property for sale in the barranco in Playa Del Cura – overall plot size of 1,560m2 & built area of 656m2. This currently includes 4 apartments comprising of: - 1 refurbished one bedroom apartment, - 2 partly refurbished one bedroom apartments, and - 1 un-refurbished two b

Location

📍 27.8017°, -15.7319°

Mogán, Las Palmas, Spain

Visit Sibelle Properties →Listed via Idealista.com
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Sibelle Properties
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Detached house in Calle Vaticano, 5, Tauro-Playa del Cura, Mogán

Mogán · Canary Islands · Ref BF-9894 Source verified · Sibelle Properties · listed 20 Jun 2026
Asking price · Freehold
$1,000,000
View original listing
Ownership
Freehold
Bedrooms
5
Bathrooms
5
Built area
656 m²
Land
1560 m²
True net yield
2.9%
≈ $5,198/mo net after costs & tax
5-yr total return (net + appreciation)
9.1% / yr avg
Payback in ~35 yrs from rent
Brixfox Score 59 · B

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

Mogán

Canary Islands, Approximate area

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Airbnb Comp Analysis

Finding Airbnb comps...

STR Restriction Warning

Canaries vacacional (VV) rules tightened under Ley 2/2025: new licences face residential-zone limits, community-of-owners approval and municipal caps. Verify the property holds a valid, transferable VV registration 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.

Adjust Forecast

Customize your projections
Nightly Rate (ADR)
$602/night
50% ($301)Brixfox estimate($602/night)200% ($1,205)
Occupancy
42%
10%Brixfox estimate(42%)100%

Short-Term Rental

Indicative
Yearly income
$47,604
Likely range $28,562 – $66,646
Airbnb data$602/night · 42% occupancy
Rental income
$602/night · 42% occ.
$85,007
Running costs (20%)
Utilities, cleaning, maintenance
-$17,001
Income tax (24%)
Non-EU IRNR on gross rent
-$20,402
Net income
4.8% ROI
$47,604

Growth & Exit Strategy

How your investment grows over time

Freehold — 4%/yr appreciation in Mogán.

$5.8M$4.4M$2.9M$1.5M$0Yr 0Yr 5Yr 10Yr 15Yr 20Yr 25Yr 30Paid back2x ReturnToday: $920K
Capital appreciation
Property value growing at +4%/yr based on Mogán 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 17: rental income alone has repaid the full purchase price.
2x return
Year 10: total gains (capital + rental) have doubled your initial investment.
Year 5
Capital Value
$1.1M
+22%
Rental Income
+$233K
Total Position
$1.4M
+47%
8.0%/yr
Year 10
Capital Value
$1.4M
+48%
Rental Income
+$502K
Total Position
$1.9M
+103%
7.3%/yr
Year 20
Capital Value
$2.0M
+119%
Rental Income
+$1.2M
Total Position
$3.2M
+247%
6.4%/yr
Year 30
Capital Value
$3.0M
+224%
Rental Income
+$2.1M
Total Position
$5.1M
+451%
5.9%/yr
Turnkey Management

Your property, professionally managed

Buying from abroad? You won't lift a finger. A vetted local management partner is already connected to this listing — ready to run it as a short-stay rental from day one, so the Managed projections above are something you can actually rely on.

Vetted by Brixfox 6+ yrs operating 90+ properties managed ~2h guest response

Mediterráneo Stays

Vetted

Licensed VUT/VV management on the Costas & islands

21%
Management fee
of rental revenue — already in your Managed figures

Vivienda de uso turístico management for overseas owners. Regional licensing, national registry (Registro Único) and full guest operations.

What the fee covers

  • Listing setup & optimisation (Airbnb, Booking.com, VRBO)
  • Dynamic pricing & revenue management
  • 24/7 multilingual guest communication
  • Guided check-in / check-out & key handling
  • Professional cleaning, laundry & restocking
  • Maintenance & repairs coordination
  • Monthly owner statements & payouts
  • Guest screening & damage protection
  • Regional STR licence (VUT/VV/HUT) & national registry handling
  • Pool & garden upkeep
Visit Mediterráneo Stays

Ask Brixfox AI

Conversational analysis — questions about this listing, answered from real data.

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Villa Scorecard

Location
Average
Emerging or secondary location
Rental Yield
Average
4.8% annual return
Occupancy
Weak
42% average occupancy
Nightly Rate
Strong
$554 per night
Visual Appeal
Average
5/10 instagrammability
Size & Space
Strong
1560 m² land area
Zoning
Average
STR zoning not confirmed
Tenure
Strong
Freehold ownership

Top Highlights

Premium nightly rate of $554 — positioned in the top tier
Generous 1560 m² land — room for expansion or amenities
Freehold ownership — maximum long-term security

Watch Out

Secondary location — rental demand may be lower than premium areas
Yield of 4.8% is near the market average — model your cashflow carefully

Consider carefully. Returns are below market average for this price point.

Risks & What-If

What if occupancy changes?

Owner Managed scenario

30% occ.
3.7%
$3,078/mo
40% occ.
4.9%
$4,104/mo
42% occ.
5.1%
$4,284/mo
current
52% occ.
6.4%
$5,310/mo

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.