Benalmádena, Málaga
vs Calpe, Alicante.
Side-by-side comparison of 40 new-build properties across both towns.
| Metric | Benalmádena, Málaga | Calpe, Alicante |
|---|---|---|
| Listings | 21 | 19 |
| Avg Price | €957,100 | €1,090,788 |
| Avg Gross Yield | 2.1% | 5.9% |
| Avg Discount | 14.9% | 6.4% |
| Avg Score | 53/100 | 52/100 |
When comparing Benalmádena, Málaga and Calpe, Alicante as property investment destinations on Spain's coast, several key differences emerge. Benalmádena, Málaga is the more affordable option, with average new-build prices approximately €133,688 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 Benalmádena, Málaga sits at 2.1%. The yield gap reflects differences in purchase prices relative to achievable rental rates in each area.
Overall, Benalmádena, Málaga takes the lead with an average investment score of 53/100, 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.
Data last updated: 6 August 2026