6.7% Gross rental yield6.7% Gross rental yieldAltos Terraces in Santa Ponsa, Illes Balears. 1-bed apartments, 61 m², 6.7% gross yield. New-build property by the sea in Spain — €489,000.
This new-build is in Santa Ponsa, Illes Balears (Mallorca). The nearest airport is PMI, convenient for lettings and personal visits. Strong local infrastructure, beaches and tourist demand support steady occupancy.
Buying in Santa Ponsa is about Mallorca’s south-west, the island’s most expensive and international corner next to Puerto Portals and Port Andratx. Marina, golf courses and villas set the tone. Among 6 new-builds you will find everything from apartments to premium villas.
A Blue-Flag sandy bay, golf courses (Santa Ponsa I, II, III), the upscale Port Adriano marina (Philippe Starck design) nearby, and proximity to Palma (~20–25 minutes) and its airport deliver premium service in a calm shell.
New-build in Santa Ponsa →Estimated gross rental yield is 6.7%. This is an off-plan unit: pay in stages during construction, completion 2026 Q4. Buy at today’s price and complete at market value.
Worked through on this property’s real numbers: price €489,000, estimated gross yield 6.7%.
Net estimate: ~30% deducted from gross rent for non-resident tax, vacancy and management. A guide, not a guarantee.
Pre-filled with a €489,000 price and a 35% deposit. Adjust the inputs to your situation.
Loan €317,850 with a €171,150 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 €489,000 that is roughly €48,900–€68,460.
Get an exact figure in the costs calculator →
Under construction · 2026 Q35% yieldOff-plan · 2027 Q24.5% yield
Under construction · 2026 Q26.4% yield
Under construction · 2026 Q24.8% yieldUnder construction · 2026 Q26.7% yieldOff-plan · 2027 Q26.7% yield
Off-plan · 2027 Q46.7% yieldKey-ready · Completed6.7% yield