Renting out: making your investment work
A new build apartment in Spain can generate excellent rental income. But the choice between short-term (tourist) and long-term (annual contract) significantly affects your return.
Short-term rental (holiday lets)
Advantages: higher gross yield (6-8%), flexibility to use yourself, higher daily rates (€50-€150/night).
Disadvantages: tourist licence required, management costs 15-25%, seasonal (60-80% occupancy), more wear and tear.
Long-term rental (12+ months)
Advantages: stable income, less management, no tourist licence needed.
Disadvantages: lower yield (4-6%), less flexibility, strong tenant protection in Spain.
Yield comparison (€200,000 apartment)
| Short-term | Long-term | |
|---|---|---|
| Gross rental | €14,000/yr | €9,600/yr |
| Management | -€3,500 | €0 |
| Cleaning/laundry | -€2,000 | €0 |
| Platform fees | -€2,100 | €0 |
| Extra maintenance | -€1,000 | -€500 |
| Net rental | €5,400 | €9,100 |
| Net yield | 2.7% | 4.6% |
Our advice
- Holiday home you also use? → short-term
- Pure investment? → long-term (less hassle, predictable return)
- Combination: some owners rent long-term Oct-May, short-term in summer
Frequently asked questions
Why buy new build in Spain?
New builds in Spain offer modern finishes, energy-efficient construction, developer guarantees and often communal amenities such as swimming pools and gardens.
What is included in new build properties in Spain?
New build properties in Spain are typically delivered with kitchen, bathroom, flooring, air conditioning and often access to communal facilities.
How can Alistora help me buy property?
Alistora is an independent portal that aggregates new build projects in Spain. We connect you with local trusted partners who guide you through the entire purchase process.