apartments, 3 bed, in Benidorm, Costa Blanca — Terra Suites4.1% Gross rental yield

Terra Suites

📍 Benidorm, Alicante · Costa Blanca
€452,000
€3,674/m²

About this home

Terra Suites in Benidorm, Alicante. 3-bed apartments, 123 m², 4.1% gross yield. New-build property by the sea in Spain — €452,000.

Specifications

Bedrooms
3
Bathrooms
2
Floor area
123 m²
Type
Apartment
Status
Key-ready
Completion
Completed
Nearest airport
ALC
Price per m²
€3,674/m²

Features

Walking distance to beachUnderground parkingEnergy rating ACommunal poolStorage room

About the location

This new-build is in Benidorm, Alicante (Costa Blanca). The nearest airport is ALC, convenient for lettings and personal visits. Strong local infrastructure, beaches and tourist demand support steady occupancy.

Buying in Benidorm is a bet on Spain’s only mini-Manhattan: high-rises beside two beaches, year-round tourism and the highest holidaymaker density on the coast. Among 5 new-builds you will find apartments, penthouses and villas on the outskirts.

Two long beaches, theme parks (Terra Mítica, Aqualandia), a dense network of year-round restaurants and hotels, and the TRAM tram to Alicante. Alicante airport is about 50 minutes.

New-build in Benidorm

Investment yield

Gross rental yield
4.1%

Estimated gross rental yield is 4.1%. The figure is based on real market parameters and refined per deal.

Investment analysis

Worked through on this property’s real numbers: price €452,000, estimated gross yield 4.1%.

35% deposit
€158,200
Mortgage (65%)
€293,800
Gross rental income per year
€18,532
Net per year (estimate)
€12,972

Net estimate: ~30% deducted from gross rent for non-resident tax, vacancy and management. A guide, not a guarantee.

Mortgage for this property

Pre-filled with a €452,000 price and a 35% deposit. Adjust the inputs to your situation.

Loan €293,800 with a €158,200 deposit.

Monthly payment
€1,471
Loan amount€293,800
Down payment€158,200
Total interest€147,450
Total (deposit + payments)€599,450

Indicative. Excludes bank arrangement fees, valuation and mandatory insurance. Confirm terms with the bank.

Purchase costs

On top of the price, budget 10–14% for taxes and fees: VAT or transfer tax, notary, registry, lawyer. For €452,000 that is roughly €45,200–€63,280.

Get an exact figure in the costs calculator

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