7% Gross rental yield7% Gross rental yieldAzahar Boulevard in Calpe, Alicante. 3-bed penthouses, 145 m², 7% gross yield. New-build property by the sea in Spain — €511,000.
This new-build is in Calpe, 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 by the sea in Calpe means settling at the foot of the Peñón de Ifach rock, the emblem of the whole Costa Blanca. The town blends a fishing port, long beaches and hillside urbanisations. The selection holds 6 new-builds: apartments, townhouses and view penthouses.
Two sandy coves either side of the Ifach rock (a natural park), a fishing port with a daily auction, a marina and salt lakes with flamingos. Alicante airport is about an hour, Valencia roughly 1h20.
New-build in Calpe →Estimated gross rental yield is 7%. 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 €511,000, estimated gross yield 7%.
Net estimate: ~30% deducted from gross rent for non-resident tax, vacancy and management. A guide, not a guarantee.
Pre-filled with a €511,000 price and a 35% deposit. Adjust the inputs to your situation.
Loan €332,150 with a €178,850 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 €511,000 that is roughly €51,100–€71,540.
Get an exact figure in the costs calculator →
Off-plan · 2027 Q24.8% yield
Off-plan · 2027 Q47% yield
Off-plan · 2027 Q25.8% yieldUnder construction · 2026 Q25.4% yieldOff-plan · 2027 Q47% yield
Off-plan · 2027 Q47% yieldOff-plan · 2026 Q47% yieldUnder construction · 2026 Q27% yield