Investment comparison

Baños y Mendigo, Murcia
vs Calpe, Alicante.

Side-by-side comparison of 38 new-build properties across both towns.

Overall Winner
Calpe, Alicante
Average investment score 52/100 vs 36/100
MetricBaños y Mendigo, MurciaCalpe, Alicante
Listings1919
Avg Price€491,500€1,090,788
Avg Gross Yield2.8%5.9%
Avg Discount-3.7%6.4%
Avg Score36/10052/100
Analysis

When comparing Baños y Mendigo, Murcia and Calpe, Alicante as property investment destinations on Spain's coast, several key differences emerge. Baños y Mendigo, Murcia is the more affordable option, with average new-build prices approximately €599,288 lower. This price advantage can make a significant difference for investors working within a fixed budget or seeking higher leverage.

In terms of rental income, Calpe, Alicante edges ahead with an average gross yield of 5.9%, while Baños y Mendigo, Murcia sits at 2.8%. The yield gap reflects differences in purchase prices relative to achievable rental rates in each area.

Overall, Calpe, Alicante takes the lead with an average investment score of 52/100, factoring in value, yield potential, location quality, developer track record, and market positioning. That said, both towns have compelling listings — the best strategy is to shortlist properties in each location and compare them on a deal-by-deal basis. Market conditions shift, and today’s underdog can become tomorrow’s hotspot.

Explore Each Town

Data last updated: 6 August 2026