4.7% Gross rental yield4.7% Gross rental yieldTerra Suites in Torrevieja, Alicante. 3-bed penthouses, 142 m², 4.7% gross yield. New-build property by the sea in Spain — €398,000.
This new-build is in Torrevieja, 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 Torrevieja is the classic affordable-coast play: pink salt lakes, a microclimate the WHO rates among Europe’s healthiest, and the Costa Blanca’s largest Eastern-European and expat community. The selection holds 4 new-builds at some of the lowest prices on the coast.
Two salt lakes (the Lagunas de la Mata natural park), a long promenade, a port with a marina, a water park and a dense Eastern-European network of shops, doctors and services. Alicante airport is roughly 40 minutes away.
New-build in Torrevieja →Estimated gross rental yield is 4.7%. This is an off-plan unit: pay in stages during construction, completion 2027 Q4. Buy at today’s price and complete at market value.
Worked through on this property’s real numbers: price €398,000, 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 €398,000 price and a 35% deposit. Adjust the inputs to your situation.
Loan €258,700 with a €139,300 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 €398,000 that is roughly €39,800–€55,720.
Get an exact figure in the costs calculator →
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