Rental Yield in Benalmádena: What U.S. Buyers Need to Know

By Vivi Real Estate | 3 de June de 2025 |

If you're a U.S. investor exploring opportunities in Spain, collaborating with a Dutch real estate agent in Benalmádena can provide invaluable insights into the real estate Costa del Sol market. A Dutch real estate agent in Benalmádena offers expertise that bridges cultural and market nuances, ensuring a smooth property acquisition process.

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Ready to take the next step in your Spanish property journey? Connect with Vivi Real Estate—your trusted Dutch real estate partner in Benalmádena—for expert guidance tailored to U.S. investors.

Why Benalmádena Is a Top Investment Spot in 2025

Benalmádena, nestled on the Costa del Sol, is rapidly gaining attention among international investors. Its strategic location, vibrant lifestyle, and robust infrastructure make it a prime choice for property investment. The town boasts a blend of traditional charm and modern amenities, attracting both tourists and long-term residents.

Understanding Rental Yield

Rental yield is a critical metric for investors, representing the annual rental income as a percentage of the property's purchase price. It provides insight into the potential return on investment, helping buyers assess the profitability of rental properties.

Benalmádena's Rental Yield Landscape

As of May 2025, Benalmádena offers an average rental yield of approximately 5.07%. Depending on the neighborhood, yields can range from around 4.05% to 6.85%. This variation underscores the importance of location in investment decisions.

Short-term rentals, particularly in tourist-heavy areas, can command higher daily rates, while long-term rentals offer stability. For instance, properties near the marina or with sea views tend to attract premium rents.

Neighborhood Insights

Arroyo de la Miel: A bustling area with excellent transport links and amenities, appealing to both locals and tourists.
Benalmádena Pueblo: Offers traditional Andalusian charm, attracting those seeking a serene environment.
Torrequebrada: Known for its upscale residences and proximity to golf courses, ideal for luxury rentals.

Key Factors That Influence Rental Yield in Benalmádena

While average rental yields are an important benchmark, a property's performance often depends on more nuanced variables. U.S. investors should consider the following factors when working with a Dutch real estate agent in Benalmádena:

1. Seasonality and Tourism Trends

Benalmádena thrives during peak tourist seasons, typically from April through October. During these months, short-term rentals can generate significantly higher income—especially if the property is located near key attractions like Puerto Marina, Selwo Marina, or Tivoli World.

However, the off-season can bring vacancies, especially in properties geared entirely toward vacationers. Investors who want stable income year-round might focus on long-term rentals or properties near hospitals, schools, or business districts.

2. Proximity to Transportation

Properties within walking distance to public transit hubs—especially the train stations in Arroyo de la Miel or near Avenida Antonio Machado—consistently outperform similar units located in more remote areas. Easy access to Málaga Airport (just 20 minutes away) makes these properties attractive for both tourists and long-term tenants.

3. Property Amenities

Amenities such as private pools, large terraces, underground parking, air conditioning, and sea views directly impact rental pricing. Properties with modern finishes and energy-efficient systems tend to perform better in the short-term rental market, where travelers often compare listings visually and on amenities alone.

For example, a two-bedroom apartment with ocean views and a pool might command €150 per night in high season, while a similar unit without those features may only earn €100.

Investment Considerations for U.S. Buyers

Currency Exchange: Fluctuations between the U.S. dollar and the euro can impact purchasing power and returns.
Financing: While Spanish banks offer mortgages to non-residents, terms may differ. It's essential to compare options.
Taxes: Understand the implications of Spanish property taxes and potential U.S. tax obligations.
Legal Requirements: Obtaining a Foreigner Identification Number (NIE) is mandatory for property transactions.

Short-Term vs. Long-Term Rentals

Short-Term: Higher income potential during peak tourist seasons but requires active management and compliance with local regulations.
Long-Term: Provides consistent income with less turnover, appealing to families and professionals seeking stability.

Maximizing Rental Yield

Property Selection: Choose properties in high-demand areas with desirable features like sea views or proximity to attractions.
Professional Management: Engage local property managers to handle day-to-day operations, ensuring tenant satisfaction and property upkeep.
Marketing: Utilize online platforms and professional photography to attract quality tenants.

Case Study: Comparing Two Rental Investments

Let’s compare two real-world investment scenarios in Benalmádena:

Property A: Vacation Rental in Puerto Marina

Purchase Price: €320,000
Peak Season Rate: €180/night
Occupancy Rate (May–Sept): 80%
Off-Season Occupancy: 30%
Annual Revenue: ~€28,000
Annual Costs (management, cleaning, taxes): €9,000
Net Yield: ~5.9%

Property B: Long-Term Rental in Arroyo de la Miel

Purchase Price: €275,000
Monthly Rent: €1,100
Annual Revenue: €13,200
Annual Costs (maintenance, property tax): €2,000
Net Yield: ~4.1%

While Property A has a higher yield, it also requires more active management. Many U.S. investors prefer long-term rentals like Property B for their stability, even if the yield is slightly lower.

Navigating the Market with Vivi Real Estate

Vivi Real Estate specializes in assisting U.S. investors in the Costa del Sol region. Their expertise ensures a seamless property acquisition process, from identifying lucrative opportunities to managing rentals.

Ready to invest in Benalmádena? Contact Vivi Real Estate today to explore properties that align with your investment goals and begin your journey in the Spanish real estate market.