4.7% Gross rental yield4.7% Gross rental yieldGreen Gardens in Fuengirola, Málaga. 3-bed townhouses, 173 m², 4.7% gross yield. New-build property by the sea in Spain — €709,000.
This new-build is in Fuengirola, Málaga (Costa del Sol). The nearest airport is AGP, convenient for lettings and personal visits. Strong local infrastructure, beaches and tourist demand support steady occupancy.
Buying by the sea in Fuengirola is the sweet spot between price and convenience: an eight-kilometre beach, a Cercanías commuter train straight to the airport, and a lively town that works all year rather than just in summer. The catalogue holds 6 new-builds, mostly apartments.
An eight-kilometre promenade, a Cercanías station with a direct train to Málaga airport in ~30 minutes, the Bioparc zoo, a water park and a dense network of shops and clinics make Fuengirola self-sufficient.
New-build in Fuengirola →Estimated gross rental yield is 4.7%. This is an off-plan unit: pay in stages during construction, completion 2027 Q2. Buy at today’s price and complete at market value.
Worked through on this property’s real numbers: price €709,000, estimated gross yield 4.7%.
Net estimate: ~30% deducted from gross rent for non-resident tax, vacancy and management. A guide, not a guarantee.
Pre-filled with a €709,000 price and a 35% deposit. Adjust the inputs to your situation.
Loan €460,850 with a €248,150 deposit.
Indicative. Excludes bank arrangement fees, valuation and mandatory insurance. Confirm terms with the bank.
On top of the price, budget 10–14% for taxes and fees: VAT or transfer tax, notary, registry, lawyer. For €709,000 that is roughly €70,900–€99,260.
Get an exact figure in the costs calculator →
Under construction · 2026 Q36.8% yield
Off-plan · 2026 Q44.1% yield
Off-plan · 2027 Q47% yieldUnder construction · 2026 Q24.2% yieldOff-plan · 2027 Q44.7% yield
Off-plan · 2027 Q44.7% yieldOff-plan · 2027 Q24.7% yield
Off-plan · 2027 Q24.8% yield