Skriven av Nicki Price, CEO
Published by Mediter Real Estate | Property Investment | Updated 2026
While the Costa Blanca and Costa del Sol dominate the headlines, quietly and consistently, the Murcia region and its stunning Costa Cálida coastline have been building a case as Spain's most compelling property investment story. The numbers are hard to argue with: the highest rental yields in the country, the lowest purchase prices on the Mediterranean, booming international tourism and a tax regime that actively favours buyers.
In 2024, approximately 25% of all property transactions in the Murcia region involved foreign buyers. What is driving this trend?
| Property Type | Price Range | Typical Locations |
|---|---|---|
| 2-bed apartment (resale) | €80,000 – €150,000 | Águilas, Mazarrón, San Pedro del Pinatar |
| 2-bed apartment (new build) | €130,000 – €220,000 | Coastal developments, Mar Menor |
| 3-bed townhouse | €150,000 – €280,000 | Mazarrón, Águilas, Cartagena |
| Detached villa with pool | €200,000 – €500,000 | Águilas hills, Mazarrón, La Manga |
| Premium / frontline | €300,000 – €800,000+ | La Manga strip, premium new builds |
Murcia's 7.49% average gross rental yield is the highest of any Spanish region:
The Murcia region recorded a 20.7% increase in international tourist arrivals. Key drivers:
A traditional Spanish fishing town with 35 km of coastline, including 33 beaches and coves. Águilas has retained its authentic character while welcoming a growing international community.
The largest municipality on the Costa Cálida, with a long established expat community and a wide range of property types.
A major city with Roman ruins, naval heritage, excellent restaurants and a rejuvenated waterfront.
Gateway to the Mar Menor lagoon, known for therapeutic mud baths and calm, warm waters.
One of the most distinctive locations in the Mediterranean — a 22 km sand bar separating the Mediterranean from the Mar Menor lagoon.
The Murcia region has over 200 new development projects. New builds offer:
| Region | ITP Rate |
|---|---|
| Murcia | 8% |
| Valencia (Costa Blanca) | 10% |
| Andalusia (Costa del Sol) | 7% to 11% (progressive) |
| Catalonia | 10% |
On a €200,000 property, the 2% saving vs Valencia means €4,000 less in purchase taxes.
Europe's largest saltwater lagoon with calm, shallow waters up to 5°C warmer than the Mediterranean. The Spanish government has committed significant investment to the Mar Menor's environmental recovery programme.
| Factor | Murcia / Costa Cálida |
|---|---|
| Average rental yield | 7.49% (highest in Spain) |
| Average coastal price | €1,472/m² |
| ITP (transfer tax) | 8% |
| Foreign buyer share | ~25% |
| Tourism growth | +20.7% |
| New developments | 200+ projects |
| Climate | 320+ sunny days, avg 18°C |
Mediter Real Estate is your specialist partner for property investment on the Costa Cálida. We offer a curated selection of resale properties, new developments and off-plan opportunities across Águilas, Mazarrón, Cartagena, San Pedro del Pinatar and La Manga — with full rental yield analysis and management support.
Discover why savvy investors are choosing Murcia — before the rest of the market catches on.
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