6.8% Gross rental yield6.8% Gross rental yieldBotanic Park in Estepona (New Golden Mile), Málaga. 5-bed villas, 281 m², 6.8% gross yield. New-build property by the sea in Spain — €1,328,000.
This new-build is in Estepona (New Golden Mile), Málaga (Costa del Sol). The nearest airport is AGP, convenient for lettings and personal visits. Strong local infrastructure, beaches and tourist demand support steady occupancy.
The New Golden Mile is the strip between Estepona and Marbella where an almost brand-new premium district of golf, beach clubs and contemporary residences has risen in recent years. There are 7 new-builds here, mostly townhouses and villas.
Beach clubs, the El Paraíso and Atalaya golf courses, the Diana shopping centre and proximity to both Estepona and Puerto Banús deliver Marbella-grade service without Marbella prices. Málaga airport is about an hour away.
New-build in Estepona (New Golden Mile) →Estimated gross rental yield is 6.8%. The figure is based on real market parameters and refined per deal.
Worked through on this property’s real numbers: price €1,328,000, estimated gross yield 6.8%.
Net estimate: ~30% deducted from gross rent for non-resident tax, vacancy and management. A guide, not a guarantee.
Pre-filled with a €1,328,000 price and a 35% deposit. Adjust the inputs to your situation.
Loan €863,200 with a €464,800 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 €1,328,000 that is roughly €132,800–€185,920.
Get an exact figure in the costs calculator →
Off-plan · 2027 Q46.1% yield
Under construction · 2026 Q25.7% yield
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Under construction · 2026 Q36.8% yieldKey-ready · Completed6.8% yieldUnder construction · 2026 Q26.8% yieldOff-plan · 2027 Q26.8% yield