4% Gross rental yield4% Gross rental yieldTerra Gardens in Estepona, Málaga. 3-bed apartments, 102 m², 4% gross yield. New-build property by the sea in Spain — €596,000.
This new-build is in Estepona, 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 a new-build in Estepona means stepping into the fastest-growing town on the Costa del Sol, where a geranium-lined Andalusian old town meets a freshly rebuilt seafront promenade. Developers currently offer 5 projects here, from compact apartments to villas facing Gibraltar.
The rebuilt promenade and La Rada beach run through the whole centre, next to a port with restaurants and a fish market. Valle Romano and Azata golf, a modern hospital and schools make the town liveable year-round, not just for holidays.
New-build in Estepona →Estimated gross rental yield is 4%. This is an off-plan unit: pay in stages during construction, completion 2026 Q2. Buy at today’s price and complete at market value.
Worked through on this property’s real numbers: price €596,000, estimated gross yield 4%.
Net estimate: ~30% deducted from gross rent for non-resident tax, vacancy and management. A guide, not a guarantee.
Pre-filled with a €596,000 price and a 35% deposit. Adjust the inputs to your situation.
Loan €387,400 with a €208,600 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 €596,000 that is roughly €59,600–€83,440.
Get an exact figure in the costs calculator →
Off-plan · 2026 Q46.1% yieldOff-plan · 2027 Q24.6% yield
Under construction · 2026 Q34.1% yieldUnder construction · 2026 Q34.5% yield
Under construction · 2026 Q24% yieldOff-plan · 2026 Q44.1% yieldUnder construction · 2026 Q34.1% yieldKey-ready · Completed4.1% yield