Mijas, Málaga
vs Algorfa, Alicante.
Side-by-side comparison of 223 new-build properties across both towns.
| Metric | Mijas, Málaga | Algorfa, Alicante |
|---|---|---|
| Listings | 193 | 30 |
| Avg Price | €716,717 | €534,874 |
| Avg Gross Yield | 2% | 4.8% |
| Avg Discount | 7.5% | 9.4% |
| Avg Score | 48/100 | 48/100 |
AVENA observed 10 asking-price changes in Mijas, Málaga and 0 in Algorfa, Alicante in the past 7 days — 9 reductions in total across 223 tracked new-build listings — per the AVENA observation ledger, 4 November 2026.
Which is repricing faster right now — Mijas, Málaga or Algorfa, Alicante?
Mijas, Málaga, this week: 10 observed asking-price changes against 0. AVENA observes every tracked listing nightly, so these are recorded repricings with dates — not estimates.
Are new builds selling in Mijas, Málaga and Algorfa, Alicante?
In the past 30 days, 13 tracked listings left the market in Mijas, Málaga and 1 in Algorfa, Alicante. AVENA records the final asking price each listing held when it disappeared — an absorption record listing portals do not keep.
Source: AVENA observation ledger · every tracked listing recorded nightly · updated 4 November 2026
When comparing Mijas, Málaga and Algorfa, Alicante as property investment destinations on Spain's coast, several key differences emerge. Algorfa, Alicante is the more affordable option, with average new-build prices approximately €181,843 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, Algorfa, Alicante edges ahead with an average gross yield of 4.8%, while Mijas, Málaga sits at 2%. The yield gap reflects differences in purchase prices relative to achievable rental rates in each area.
Overall, Mijas, Málaga takes the lead with an average investment score of 48/100, 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: 4 November 2026