The answer depends on how the property is rented, when it is available and the type of apartment involved. And with NUBAY not due for completion until 2028, any figures at this stage must be treated as projections rather than demonstrated rental performance.<\/p>\n
Understanding the Manilva rental market<\/strong><\/h3>\nManilva has developed a substantial holiday rental market, supported by its beaches, golf, marinas and accessibility from both M\u00e1laga and Gibraltar airports.<\/p>\n
AirDNA data for Manilva in June 2026 showed approximately 1,451 active short-term rental properties, with an average daily rate of \u20ac155, occupancy of 61%, and average annual revenue of \u20ac10,200.<\/p>\n
These figures provide useful context, but they should not be interpreted as a direct forecast for NUBAY.<\/p>\n
Market averages include everything from older inland apartments to villas and townhouses, with considerable differences in condition, facilities and proximity to the sea. A newly built frontline apartment with high-quality communal amenities occupies a different part of the market.<\/p>\n
Why beachfront property can command a premium<\/strong><\/h3>\nLocation is one of the most important factors in holiday rental performance, and genuine beachfront property has an obvious advantage.<\/p>\n
For visitors spending a week or two on the Costa del Sol, being able to walk directly to the beach can influence both the properties they choose and the amount they are prepared to pay.<\/p>\n
NUBAY combines its beachfront location with contemporary architecture, generous terraces, sea views and communal amenities, creating a complete holiday environment that appeals to international visitors.<\/p>\n
New-build quality matters too. Modern kitchens and bathrooms, efficient climate control, attractive outdoor spaces and well-maintained communal areas all contribute to how a property presents online, where photography and guest reviews can have a considerable impact on bookings.<\/p>\n
What could a NUBAY apartment earn?<\/strong><\/h3>\n![\"\"](\"https:\/\/nubay.es\/wp-content\/uploads\/2024\/07\/301_CAM_EXT_PISCINA_INFINITY_V6-copia_OPTIMIZADA-1.jpg\")
<\/p>\n
Rental projections for NUBAY suggest a gross annual income of approximately \u20ac37,100 for long-term letting and up to \u20ac59,625 for short-term holiday rentals.<\/p>\n
The important word is projected.<\/p>\n
NUBAY is expected to be completed in 2028, so there is currently no rental history from completed apartments within the development. These figures should therefore be viewed as indications of potential rather than guaranteed income.<\/p>\n
Actual performance will depend on factors including apartment size, number of bedrooms, orientation, views, terrace space, furnishings, pricing strategy and how many weeks the property is made available.<\/p>\n
A particularly desirable apartment professionally marketed throughout the year could perform very differently from one available only occasionally.<\/p>\n
Seasonality makes a difference<\/strong><\/h3>\nCosta del Sol holiday rentals are seasonal. July and August can command substantially higher nightly rates, while spring, early summer and autumn can also attract visitors drawn by golf, outdoor activities and the region’s climate.<\/p>\n
Owners planning to use their apartment during July and August should therefore remember that they may also be occupying it during some of its most valuable rental weeks.<\/p>\n
Buyers with greater flexibility could instead use their home during quieter periods while making peak weeks available to guests. This is one reason two owners of similar properties can achieve very different annual results.<\/p>\n
Gross income is not the same as profit<\/strong><\/h3>\nA headline rental figure should never be confused with the amount an owner ultimately receives.<\/p>\n
Holiday letting involves operating costs. Depending on how the property is managed, these can include management and booking fees, cleaning, laundry, utilities, maintenance, insurance, community charges and replacement of furnishings or equipment.<\/p>\n
There are also Spanish tax implications that vary depending on the owner’s individual circumstances and tax residency.<\/p>\n
Professional management represents an additional cost but can make holiday letting considerably easier for an international owner. A local management company can deal with guests, cleaning, arrivals and departures and maintenance while the owner is abroad.<\/p>\n
When assessing potential returns, expected net income after realistic costs is therefore more useful than the highest possible gross figure.<\/p>\n
Holiday rental or long-term tenant?<\/strong><\/h3>\nShort-term letting is not the only option. A long-term rental can provide greater predictability, with fewer changeovers and less active management. The trade-off is reduced flexibility for personal use and the potential to miss higher rates available during peak holiday periods.<\/p>\n
Short-term letting provides more flexibility and potentially higher gross income but requires greater management and is more exposed to seasonality.<\/p>\n
The right approach depends on why you are buying. An investment-focused owner may make a different choice from someone planning to spend several months each year at NUBAY and rent the apartment while elsewhere.<\/p>\n
What about holiday rental licences?<\/strong><\/h3>\nRegulation is an increasingly important consideration for anyone intending to offer short-term tourist accommodation in Spain.<\/p>\n
Changes introduced in 2025 strengthened the role of owner communities in approving new tourist rentals, while regional and local requirements must also be considered. Buyers should not assume that purchasing a property automatically gives them the right to operate it as a holiday rental.<\/p>\n
Before basing a purchase on projected short-term income, buyers should obtain current independent legal advice on the rules applying to their particular property and development. This is especially important when purchasing off-plan, as regulations may change before completion.<\/p>\n
Looking at the bigger picture<\/strong><\/h3>\nRental income is only one element of a property investment. NUBAY’s frontline position is significant because beachfront land available for new residential development on the Costa del Sol is limited. For owners intending to use their apartment personally, rental income could help offset annual ownership costs. For investment-focused buyers, potential rental demand may form part of a broader long-term strategy.<\/p>\n
The key is to work with realistic assumptions. NUBAY’s location and specifications give it attractive characteristics in the rental market, but no reliable projection can guarantee what an individual apartment will earn.<\/p>\n
Location is one of the most important factors in holiday rental performance, and genuine beachfront property has an obvious advantage.<\/p>\n
For visitors spending a week or two on the Costa del Sol, being able to walk directly to the beach can influence both the properties they choose and the amount they are prepared to pay.<\/p>\n
NUBAY combines its beachfront location with contemporary architecture, generous terraces, sea views and communal amenities, creating a complete holiday environment that appeals to international visitors.<\/p>\n
New-build quality matters too. Modern kitchens and bathrooms, efficient climate control, attractive outdoor spaces and well-maintained communal areas all contribute to how a property presents online, where photography and guest reviews can have a considerable impact on bookings.<\/p>\n
What could a NUBAY apartment earn?<\/strong><\/h3>\n<\/p>\n
Rental projections for NUBAY suggest a gross annual income of approximately \u20ac37,100 for long-term letting and up to \u20ac59,625 for short-term holiday rentals.<\/p>\n
The important word is projected.<\/p>\n
NUBAY is expected to be completed in 2028, so there is currently no rental history from completed apartments within the development. These figures should therefore be viewed as indications of potential rather than guaranteed income.<\/p>\n
Actual performance will depend on factors including apartment size, number of bedrooms, orientation, views, terrace space, furnishings, pricing strategy and how many weeks the property is made available.<\/p>\n
A particularly desirable apartment professionally marketed throughout the year could perform very differently from one available only occasionally.<\/p>\n
Seasonality makes a difference<\/strong><\/h3>\nCosta del Sol holiday rentals are seasonal. July and August can command substantially higher nightly rates, while spring, early summer and autumn can also attract visitors drawn by golf, outdoor activities and the region’s climate.<\/p>\n
Owners planning to use their apartment during July and August should therefore remember that they may also be occupying it during some of its most valuable rental weeks.<\/p>\n
Buyers with greater flexibility could instead use their home during quieter periods while making peak weeks available to guests. This is one reason two owners of similar properties can achieve very different annual results.<\/p>\n
Gross income is not the same as profit<\/strong><\/h3>\nA headline rental figure should never be confused with the amount an owner ultimately receives.<\/p>\n
Holiday letting involves operating costs. Depending on how the property is managed, these can include management and booking fees, cleaning, laundry, utilities, maintenance, insurance, community charges and replacement of furnishings or equipment.<\/p>\n
There are also Spanish tax implications that vary depending on the owner’s individual circumstances and tax residency.<\/p>\n
Professional management represents an additional cost but can make holiday letting considerably easier for an international owner. A local management company can deal with guests, cleaning, arrivals and departures and maintenance while the owner is abroad.<\/p>\n
When assessing potential returns, expected net income after realistic costs is therefore more useful than the highest possible gross figure.<\/p>\n
Holiday rental or long-term tenant?<\/strong><\/h3>\nShort-term letting is not the only option. A long-term rental can provide greater predictability, with fewer changeovers and less active management. The trade-off is reduced flexibility for personal use and the potential to miss higher rates available during peak holiday periods.<\/p>\n
Short-term letting provides more flexibility and potentially higher gross income but requires greater management and is more exposed to seasonality.<\/p>\n
The right approach depends on why you are buying. An investment-focused owner may make a different choice from someone planning to spend several months each year at NUBAY and rent the apartment while elsewhere.<\/p>\n
What about holiday rental licences?<\/strong><\/h3>\nRegulation is an increasingly important consideration for anyone intending to offer short-term tourist accommodation in Spain.<\/p>\n
Changes introduced in 2025 strengthened the role of owner communities in approving new tourist rentals, while regional and local requirements must also be considered. Buyers should not assume that purchasing a property automatically gives them the right to operate it as a holiday rental.<\/p>\n
Before basing a purchase on projected short-term income, buyers should obtain current independent legal advice on the rules applying to their particular property and development. This is especially important when purchasing off-plan, as regulations may change before completion.<\/p>\n
Looking at the bigger picture<\/strong><\/h3>\nRental income is only one element of a property investment. NUBAY’s frontline position is significant because beachfront land available for new residential development on the Costa del Sol is limited. For owners intending to use their apartment personally, rental income could help offset annual ownership costs. For investment-focused buyers, potential rental demand may form part of a broader long-term strategy.<\/p>\n
The key is to work with realistic assumptions. NUBAY’s location and specifications give it attractive characteristics in the rental market, but no reliable projection can guarantee what an individual apartment will earn.<\/p>\n
<\/p>\nCosta del Sol holiday rentals are seasonal. July and August can command substantially higher nightly rates, while spring, early summer and autumn can also attract visitors drawn by golf, outdoor activities and the region’s climate.<\/p>\n
Owners planning to use their apartment during July and August should therefore remember that they may also be occupying it during some of its most valuable rental weeks.<\/p>\n
Buyers with greater flexibility could instead use their home during quieter periods while making peak weeks available to guests. This is one reason two owners of similar properties can achieve very different annual results.<\/p>\n
Gross income is not the same as profit<\/strong><\/h3>\nA headline rental figure should never be confused with the amount an owner ultimately receives.<\/p>\n
Holiday letting involves operating costs. Depending on how the property is managed, these can include management and booking fees, cleaning, laundry, utilities, maintenance, insurance, community charges and replacement of furnishings or equipment.<\/p>\n
There are also Spanish tax implications that vary depending on the owner’s individual circumstances and tax residency.<\/p>\n
Professional management represents an additional cost but can make holiday letting considerably easier for an international owner. A local management company can deal with guests, cleaning, arrivals and departures and maintenance while the owner is abroad.<\/p>\n
When assessing potential returns, expected net income after realistic costs is therefore more useful than the highest possible gross figure.<\/p>\n
Holiday rental or long-term tenant?<\/strong><\/h3>\nShort-term letting is not the only option. A long-term rental can provide greater predictability, with fewer changeovers and less active management. The trade-off is reduced flexibility for personal use and the potential to miss higher rates available during peak holiday periods.<\/p>\n
Short-term letting provides more flexibility and potentially higher gross income but requires greater management and is more exposed to seasonality.<\/p>\n
The right approach depends on why you are buying. An investment-focused owner may make a different choice from someone planning to spend several months each year at NUBAY and rent the apartment while elsewhere.<\/p>\n
What about holiday rental licences?<\/strong><\/h3>\nRegulation is an increasingly important consideration for anyone intending to offer short-term tourist accommodation in Spain.<\/p>\n
Changes introduced in 2025 strengthened the role of owner communities in approving new tourist rentals, while regional and local requirements must also be considered. Buyers should not assume that purchasing a property automatically gives them the right to operate it as a holiday rental.<\/p>\n
Before basing a purchase on projected short-term income, buyers should obtain current independent legal advice on the rules applying to their particular property and development. This is especially important when purchasing off-plan, as regulations may change before completion.<\/p>\n
Looking at the bigger picture<\/strong><\/h3>\nRental income is only one element of a property investment. NUBAY’s frontline position is significant because beachfront land available for new residential development on the Costa del Sol is limited. For owners intending to use their apartment personally, rental income could help offset annual ownership costs. For investment-focused buyers, potential rental demand may form part of a broader long-term strategy.<\/p>\n
The key is to work with realistic assumptions. NUBAY’s location and specifications give it attractive characteristics in the rental market, but no reliable projection can guarantee what an individual apartment will earn.<\/p>\n
Short-term letting is not the only option. A long-term rental can provide greater predictability, with fewer changeovers and less active management. The trade-off is reduced flexibility for personal use and the potential to miss higher rates available during peak holiday periods.<\/p>\n
Short-term letting provides more flexibility and potentially higher gross income but requires greater management and is more exposed to seasonality.<\/p>\n
The right approach depends on why you are buying. An investment-focused owner may make a different choice from someone planning to spend several months each year at NUBAY and rent the apartment while elsewhere.<\/p>\n
What about holiday rental licences?<\/strong><\/h3>\nRegulation is an increasingly important consideration for anyone intending to offer short-term tourist accommodation in Spain.<\/p>\n
Changes introduced in 2025 strengthened the role of owner communities in approving new tourist rentals, while regional and local requirements must also be considered. Buyers should not assume that purchasing a property automatically gives them the right to operate it as a holiday rental.<\/p>\n
Before basing a purchase on projected short-term income, buyers should obtain current independent legal advice on the rules applying to their particular property and development. This is especially important when purchasing off-plan, as regulations may change before completion.<\/p>\n
Looking at the bigger picture<\/strong><\/h3>\nRental income is only one element of a property investment. NUBAY’s frontline position is significant because beachfront land available for new residential development on the Costa del Sol is limited. For owners intending to use their apartment personally, rental income could help offset annual ownership costs. For investment-focused buyers, potential rental demand may form part of a broader long-term strategy.<\/p>\n
The key is to work with realistic assumptions. NUBAY’s location and specifications give it attractive characteristics in the rental market, but no reliable projection can guarantee what an individual apartment will earn.<\/p>\n
Rental income is only one element of a property investment. NUBAY’s frontline position is significant because beachfront land available for new residential development on the Costa del Sol is limited. For owners intending to use their apartment personally, rental income could help offset annual ownership costs. For investment-focused buyers, potential rental demand may form part of a broader long-term strategy.<\/p>\n
The key is to work with realistic assumptions. NUBAY’s location and specifications give it attractive characteristics in the rental market, but no reliable projection can guarantee what an individual apartment will earn.<\/p>\n