The headline yields
A 2-bed Nueva Andalucía apartment with good furnishing earns €30,000–€55,000 gross/year on Airbnb in 2026. Net after fees, cleaning, management and taxes: typically 4.5–6.5% on €600k purchase.
Regulation
You need a Vivienda de Uso Turístico (VUT) registration with the Junta de Andalucía. Marbella town has occasional pauses on new VUT registrations in dense buildings — check before buying.
The community trap
Many Marbella urbanisations have voted to ban short-term rentals via community statute. Always confirm in writing before you buy if rental yield is part of the case.
Personal help
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Start matchingCosts to budget
- Management: 18–22% of gross
- Cleaning: €70–€140 per turnover
- Utilities: ~10–14% of gross
- VUT-required insurance, fire equipment, info QR
- 21% IVA only if you provide hotel-like services (most don't)
- Income tax: 19% (EU/EEA owners) / 24% (non-EU) of net
Best zones for yield
- Nueva Andalucía (high demand, padel/golf draw)
- Marbella town centre (walkable)
- Puerto Banús (premium nightly rates)
- Estepona old town (rising fast)
Long-let alternative
Long-let yields 3.5–4.5% with far less management. The right answer depends on whether you'll use the property yourself.
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Areas in this article
- Marbella guide6,800 €/sqm · +9.2% YoY
- Estepona guide4,900 €/sqm · +11.7% YoY
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