apartments, 2 bed, in Marbella, Costa del Sol — Celeste Terraces7% Gross rental yield

Celeste Terraces

📍 Marbella, Málaga · Costa del Sol
€440,000
€6,201/m²

About this home

Celeste Terraces in Marbella, Málaga. 2-bed apartments, 71 m², 7% gross yield. New-build property by the sea in Spain — €440,000.

Specifications

Bedrooms
2
Bathrooms
2
Floor area
71 m²
Type
Apartment
Status
Off-plan
Completion
2027 Q4
Nearest airport
AGP
Price per m²
€6,201/m²

Features

Landscaped gardensWalking distance to beachSea viewsSpaConciergeGated community

About the location

This new-build is in Marbella, 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.

Buying in Marbella is about prestige: the Golden Mile, Puerto Banús and villas that set the luxury benchmark for all of Spain. New-builds cost more than their neighbours here, but liquidity is higher too — among 7 projects you will find apartments, penthouses and turnkey villas.

Puerto Banús with its yachts and boutiques, a dozen world-class golf courses, private clinics and international schools form infrastructure found nowhere else on the coast. Beach clubs like Nikki Beach set the summer tone.

New-build in Marbella

Investment yield

Gross rental yield
7%

Estimated gross rental yield is 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.

Investment analysis

Worked through on this property’s real numbers: price €440,000, estimated gross yield 7%.

35% deposit
€154,000
Mortgage (65%)
€286,000
Gross rental income per year
€30,800
Net per year (estimate)
€21,560

Net estimate: ~30% deducted from gross rent for non-resident tax, vacancy and management. A guide, not a guarantee.

Mortgage for this property

Pre-filled with a €440,000 price and a 35% deposit. Adjust the inputs to your situation.

Loan €286,000 with a €154,000 deposit.

Monthly payment
€1,432
Loan amount€286,000
Down payment€154,000
Total interest€143,535
Total (deposit + payments)€583,535

Indicative. Excludes bank arrangement fees, valuation and mandatory insurance. Confirm terms with the bank.

Purchase costs

On top of the price, budget 10–14% for taxes and fees: VAT or transfer tax, notary, registry, lawyer. For €440,000 that is roughly €44,000–€61,600.

Get an exact figure in the costs calculator

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