Investment comparison

Casares, Málaga
vs Calpe, Alicante.

Side-by-side comparison of 68 new-build properties across both towns.

Overall Winner
Casares, Málaga
Average investment score 53/100 vs 52/100
MetricCasares, MálagaCalpe, Alicante
Listings4919
Avg Price€777,032€1,090,788
Avg Gross Yield2.1%5.9%
Avg Discount16.1%6.4%
Avg Score53/10052/100
Analysis

When comparing Casares, Málaga and Calpe, Alicante as property investment destinations on Spain's coast, several key differences emerge. Casares, Málaga is the more affordable option, with average new-build prices approximately €313,756 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 Casares, Málaga sits at 2.1%. The yield gap reflects differences in purchase prices relative to achievable rental rates in each area.

Overall, Casares, 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.

Explore Each Town

Data last updated: 6 August 2026