Los Alcazares, Murcia
vs Pinoso, Alicante.
Side-by-side comparison of 102 new-build properties across both towns.
| Metric | Los Alcazares, Murcia | Pinoso, Alicante |
|---|---|---|
| Listings | 77 | 25 |
| Avg Price | €451,415 | €480,880 |
| Avg Gross Yield | 3.4% | 8.1% |
| Avg Discount | 7.6% | 23% |
| Avg Score | 48/100 | 59/100 |
When comparing Los Alcazares, Murcia and Pinoso, Alicante as property investment destinations on Spain's coast, several key differences emerge. Los Alcazares, Murcia is the more affordable option, with average new-build prices approximately €29,465 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, Pinoso, Alicante edges ahead with an average gross yield of 8.1%, while Los Alcazares, Murcia sits at 3.4%. The yield gap reflects differences in purchase prices relative to achievable rental rates in each area.
Overall, Pinoso, Alicante takes the lead with an average investment score of 59/100, 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