Rental Yield in Marbella – Realistic Figures

Marbella is one of the most stable and sought-after real estate markets in Europe. For buyers from the DACH region and international investors, one key question remains:
➡️ What rental yield can realistically be achieved with property in Marbella?
This exposé provides clear, factual answers based on market data and practical experience – without exaggerated promises.
Why Marbella is attractive for property investors
➡️ Marbella is an internationally established location with year-round demand.
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Year-round destination
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Strong international buyer demand
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Limited new-build supply in prime areas
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Excellent infrastructure and lifestyle
Types of returns in Marbella
➡️ Two main types of returns apply:
1️⃣ Rental yield
➡️ Generated through:
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Holiday rentals
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Medium- to long-term rentals
2️⃣ Capital appreciation
➡️ Driven by:
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Limited supply
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International demand
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Prime coastal locations
➡️ In Marbella, a combination of both is common.
Realistic rental yields in Marbella
➡️ Returns depend on location, property type and rental strategy.
➡️ Holiday rentals:
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approx. 4–6% gross yield
➡️ Long-term rentals:
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approx. 2.5–4% gross yield
➡️ Net yields are lower after costs and taxes.
Example calculation
➡️ Purchase price: €500,000
➡️ Purchase costs (~11%): €55,000
➡️ Total investment: €555,000
➡️ Gross annual rental income: approx. €30,000
➡️ Gross yield: approx. 5.4%
➡️ Net yield after costs: approx. 3–4%
Conclusion
➡️ Marbella offers solid, long-term investment potential rather than speculation.
Mike Naumann Immobilien – Your German Real Estate Agent in Marbella
➡️ Professional support for international investors from analysis to completion.