NEW BUILD VILLAS IN CONDADO DE ALHAMA GOLF COURSE

What this assumes

16 rental weeks a year (112 nights, 31% annual occupancy) at €60/night. Short-term letting rates and occupancy for Alhama De Murcia are sourced from Estimated; a 20% new-build premium is applied to the nightly rate. Summer alone is roughly 11 weeks, so this figure assumes the shoulder season lets as well.

Gross yield is before costs. Net yield deducts 10% vacancy, 15% management, community fees, insurance, IBI and 19% non-resident tax — the full breakdown is in Terminal. Every figure here is an estimate from market data, not a guaranteed return, and a tourist licence is required to let short-term in most municipalities.