Mijas, Málaga
vs Finestrat, Alicante.
Side-by-side comparison of 243 new-build properties across both towns.
| Metric | Mijas, Málaga | Finestrat, Alicante |
|---|---|---|
| Listings | 176 | 67 |
| Avg Price | €742,065 | €636,541 |
| Avg Gross Yield | 2.1% | 5.6% |
| Avg Discount | 7.9% | 12.4% |
| Avg Score | 48/100 | 51/100 |
When comparing Mijas, Málaga and Finestrat, Alicante as property investment destinations on Spain's coast, several key differences emerge. Finestrat, Alicante is the more affordable option, with average new-build prices approximately €105,524 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 Mijas, Málaga sits at 2.1%. 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