Finestrat, Alicante
vs Baños y Mendigo, Murcia.
Side-by-side comparison of 86 new-build properties across both towns.
| Metric | Finestrat, Alicante | Baños y Mendigo, Murcia |
|---|---|---|
| Listings | 67 | 19 |
| Avg Price | €636,541 | €491,500 |
| Avg Gross Yield | 5.6% | 2.8% |
| Avg Discount | 12.4% | -3.7% |
| Avg Score | 51/100 | 36/100 |
When comparing Finestrat, Alicante and Baños y Mendigo, Murcia 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 €145,041 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, Finestrat, Alicante edges ahead with an average gross yield of 5.6%, 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, Finestrat, Alicante takes the lead with an average investment score of 51/100, 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