Mijas, Málaga
vs Los Alcazares, Murcia.
Side-by-side comparison of 253 new-build properties across both towns.
| Metric | Mijas, Málaga | Los Alcazares, Murcia |
|---|---|---|
| Listings | 176 | 77 |
| Avg Price | €742,065 | €451,415 |
| Avg Gross Yield | 2.1% | 3.4% |
| Avg Discount | 7.9% | 7.6% |
| Avg Score | 48/100 | 48/100 |
When comparing Mijas, Málaga and Los Alcazares, Murcia 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 €290,650 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, Los Alcazares, Murcia edges ahead with an average gross yield of 3.4%, while Mijas, Málaga sits at 2.1%. 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: 6 August 2026