5.9% Gross rental yield5.9% Gross rental yieldTerra Village in Finestrat, Alicante. 3-bed townhouses, 166 m², 5.9% gross yield. New-build property by the sea in Spain — €487,000.
This new-build is in Finestrat, 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 Finestrat is about views of the Puig Campana peak and proximity to Benidorm without its high-rise bustle. The Cala de Finestrat urbanisation runs right down to the sea, while the village itself sits higher in the hills. The selection holds 6 new-builds, mostly townhouses.
Cala de Finestrat beach, the nearby La Marina shopping centre, golf courses and all of neighbouring Benidorm’s entertainment a few minutes away. Alicante airport is about 50 minutes.
New-build in Finestrat →Estimated gross rental yield is 5.9%. 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 €487,000, estimated gross yield 5.9%.
Net estimate: ~30% deducted from gross rent for non-resident tax, vacancy and management. A guide, not a guarantee.
Pre-filled with a €487,000 price and a 35% deposit. Adjust the inputs to your situation.
Loan €316,550 with a €170,450 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 €487,000 that is roughly €48,700–€68,180.
Get an exact figure in the costs calculator →Off-plan · 2027 Q25.6% yieldUnder construction · 2026 Q34.1% yield
Key-ready · Completed6.8% yieldOff-plan · 2027 Q47% yield
Off-plan · 2027 Q25.9% yield
Off-plan · 2026 Q45.9% yield
Off-plan · 2027 Q46% yieldOff-plan · 2026 Q45.8% yield