New Build Villa in Las Colinas Golf & Country Club, Orihuela

What this assumes

21 rental weeks a year (147 nights, 40% annual occupancy) at €450/night. Short-term letting rates and occupancy for Orihuela are sourced from AirDNA; 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.