- Where do most expats live in Murcia?
- Best neighbourhoods to buy apartments in Murcia city
- Cheapest places to buy property in Murcia
- Where to buy property in Murcia for investment?
- Where are the best luxury properties in Murcia?
- Where are the best places to live in Murcia for golf?
- Best places to buy property in Murcia for nature lovers
9 min read
Why buy property in Murcia? In 2026, the Murcia region will have shed its reputation as a mere budget alternative to become a premier investment destination. While property prices in major Spanish hubs have skyrocketed, Murcia remains roughly 35% more affordable than the national average despite its own resilient economic growth. This unique value proposition has turned the "Costa Cálida" into a hotspot for those seeking high-quality Mediterranean living without the inflated price tags of neighbouring provinces.

The region’s ascent is fueled by a connectivity revolution and a highly favourable fiscal landscape. With the AVE high-speed rail linking Murcia to Madrid in under three hours and expanded international routes at Corvera Airport, the area is more accessible than ever. Furthermore, Murcia holds a distinct competitive edge through its tax incentives; with a Property Transfer Tax (ITP) of 7.75%, buyers can save thousands of euros compared to the 10% rates found in Alicante or Catalonia.
| Category | Best place to buy property in Murcia |
| Expats & Community | Los Alcázares |
| Cheapest Property | Camposol (Mazarrón) |
| Luxury & Lifestyle | Santa Rosalía & La Manga Club |
| Investment Yields | El Carmen (Murcia City) |
| Nature & Wellness | San Pedro del Pinatar |
| Golf lifestyle | Mar Menor |
Where do most expats live in Murcia?
The Mar Menor is the defining geographical feature of the region—a saltwater lagoon separated from the Mediterranean by the La Manga strip. For the modern buyer, the towns ringing this lagoon offer a variety of lifestyles, from the bustling tourist strip to the quiet Spanish fishing village.
Los Alcázares: The expat capital
If there is a beating heart of the international community in Murcia, it is Los Alcázares. This town perfectly encapsulates the appeal of the Costa Cálida: accessible, affordable, and alive year-round. While some coastal towns become ghost towns in winter, Los Alcázares retains a vibrant pulse, driven by a resident population that blends locals with Northern European expats.
Los Alcázares is bifurcated into two distinct zones, each appealing to a different demographic.
1. The Old Town: Stretching from the town hall down to the shore, it is characterised by low-rise housing, narrow streets, and traditional architecture.
- Property type: The stock is older, often requiring modernisation. However, these properties offer character and proximity to the beach that new builds cannot match. Prices here are competitive, but buyers must budget for renovation.
- Buyer fit: Appeals to retirees and those seeking cultural immersion.
- Lifestyle: This area suits buyers who want a more traditional setting and the ability to walk to the seafront and everyday services.
2. The New Town (The Strip): This is the commercial and entertainment hub.
- Property type: Modern apartment blocks and gated communities dominate. This area commands a premium for its "lock-and-leave" convenience and high rental potential.
- Buyer fit: Younger families, holiday home investors, and those who prefer English-speaking amenities.
- Lifestyle: The newer zone is convenient and more international, with plenty of cafés and restaurants nearby.

Best neighbourhoods to buy apartments in Murcia city
While the coast grabs the headlines, the urban centres of the region offer a different, perhaps more sustainable, lifestyle proposition. For the buyer who values culture, history, and gastronomy over direct beach access, the cities are compelling. Murcia is the seventh-largest city in Spain, a university town with a vibrant street life and a pedestrianised historic centre.
1. The North
This is the modern face of Murcia. Wide boulevards, the tram line (tranvía), and glass-fronted office blocks characterise this expansion zone. It offers investment stability. The proximity to the shopping malls (Thader, Nueva Condomina) and the highway network ensures constant demand.
- Property type: High-end apartments with communal pools, paddle courts, and underground parking. Prices here are the highest in the city, ranging from €2,000 to €3,300 per m².
- Buyer fit: Professionals.
2. La Flota
La Flota is the "Notting Hill" of Murcia—a planned neighbourhood of low-rise houses and pedestrian walkways designed to encourage community.
- Property type: Highly sought-after. Inventory is chronically low because once families move in, they rarely leave. It is a top choice for expats with children due to the safety and proximity to schools.
- Buyer fit: Families. It feels like a village within the city.
3. El Carmen
Located south of the river Segura, El Carmen is a historic neighbourhood undergoing rapid gentrification. The arrival of the AVE high-speed train at Murcia del Carmen station has transformed this district. It is now the gateway to Madrid.
- Property type: Historic buildings with high ceilings and intricate tile work. Prices are significantly lower than in the north, at €1,200-€1,500/m², offering excellent value-add potential for renovators.
- Buyer fit: Investors. This area offers some of the best yields in the city, up to 7.4%, driven by demand from train commuters and university students.

Cheapest places to buy property in Murcia
Heading south towards Andalusia, the landscape changes. Some of the lowest price points in Murcia are found in larger inland urbanisations and in coastal towns that are less focused on premium resort living.
Águilas
Águilas sits on the border with Almería. It is a town that has resisted mass tourism, retaining a fiercely Spanish identity.
- The Coast: This is the place for sea views and diving. The coastline is rugged and spectacular.
- The Market: Prices in Águilas have risen sharply—up to 46% in premium zones like Las Delicias —as buyers discover its charm. However, it remains excellent value compared to nearby Mojácar or Vera.
- Connectivity: The connection to the A-7 motorway and the Cercanías train line to Murcia makes it accessible despite its southern location.
Mazarrón
Puerto de Mazarrón and the inland urbanisation of Camposol are heavily influenced by the British expat market.
- Camposol: A massive residential development inland. It offers some of the lowest-priced villas in Spain. However, buyers must be diligent with legal checks due to historic infrastructure issues in certain sectors. The community spirit here is legendary, with clubs, charities, and support networks for English speakers.
- The Port: A classic summer resort town with a new marina that has elevated its status. It is a great middle-ground for those wanting a beach lifestyle without the high premiums of La Manga.
Where to buy property in Murcia for investment?
If you’re prioritising rental demand, look for areas with year-round services, good transport links, and clear seasonal peaks (where applicable). Always research local licensing rules and building/community restrictions.
Cartagena
Cartagena is distinct from Murcia in every way. It is a port city, surrounded by hills and sea, with a history stretching back to the Carthaginians and Romans. Cartagena has historically been undervalued compared to Murcia city, but that gap is closing. The city is experiencing a tourism renaissance driven by the cruise ship industry and the restoration of its Roman Theatre. It could now be considered the rising star of the Costa Cálida.
San Javier & Santiago de la Ribera: High rental demand
San Javier is often misunderstood by buyers who only see the airport signs (though the airport has moved to Corvera). In reality, it is a municipality of culture and sophistication. The San Javier International Jazz Festival is a designated event of National Tourist Interest, which turns the town into a cultural beacon for the month of July. For a property owner, this festival translates into a guaranteed spike in rental demand in early summer, attracting high-spending, culturally savvy tenants.
Santiago de la Ribera is the coastal district of San Javier. It boasts one of the most beautiful promenades on the Mar Menor. The ferry service from here to the La Manga strip makes it a connectivity hub.
The area is seeing a wave of modernisation. New property development projects are bringing contemporary, energy-efficient stock to the market. These offer the "new build" experience within an established town setting.

Where are the best luxury properties in Murcia?
Murcia’s luxury market is about privacy, resort-style amenities, and premium outdoor living. The top-end homes are typically found in managed communities and high-demand coastal zones, where buyers prioritise security, on-site facilities (golf, sports, wellness), and low-maintenance ownership.
La Manga Club
La Manga Club is in a league of its own. It is less a resort and more a small city dedicated to sport. With three championship golf courses, a massive tennis centre (hosting Fed Cup matches), and football pitches used by professional teams for winter training, it is a global brand.
Properties here range from one-bedroom apartments to multi-million euro mansions. Prices are the highest in the region, but they come with a level of prestige and facility access that is unmatched. It is a "safe haven" investment, insulated from local market fluctuations by its international reputation.
Santa Rosalía Lake and Life Resort
The Murcia region was a pioneer in "golf resort" living in Europe. Today, that concept has evolved into "lifestyle resorts," where the focus shifts from the fairway to holistic well-being and security.
No report on Murcia in 2026 is complete without analysing Santa Rosalía. Located in Torre Pacheco, this development has fundamentally altered the luxury market in the Costa Cálida.
- The USP: The resort is anchored not by a golf course, but by a 16,000m² Crystal Lagoon—the largest man-made lake in Europe. This technology creates a Caribbean-blue body of water with white sand beaches, right in the middle of the Spanish countryside.
- The market status: As of 2026, the resort is maturing. The lagoon is operational, and the initial phases are occupied. New phases of villas and apartments are being completed, driving a secondary market boom.
- Why buy: It offers a unique product that has no direct competition. For rental investors, the "lagoon factor" allows for premium pricing that standard golf apartments cannot command. It attracts families who want the safety of a gated community with the beach experience, without the crowds of the public coast.
Where are the best places to live in Murcia for golf?
While Santa Rosalía grabs the headlines, the traditional golf resorts remain pillars of the market.
- Mar Menor Golf Resort: A mature, established community with a 5-star hotel spine. It feels like a town, with supermarkets and bars inside the gates. Excellent for those who want immediate "plug-and-play" living.
- La Torre Golf Resort: Higher density, more affordable. It is a favourite for second homes and holiday rentals.
- Hacienda Riquelme: Known for its wide-open spaces and historic hacienda building. It feels less crowded and more integrated into the natural landscape.
Best places to buy property in Murcia for nature lovers
At the northern tip of the Mar Menor, where the lagoon meets the Alicante province, lies San Pedro del Pinatar. This town offers a unique proposition: it is a working Spanish town with a thriving fishing industry, coupled with a unique ecological park. The famous "mud baths" (Baños de Lodo) at Lo Pagán are a major draw, attracting health tourists from across Europe who come to bathe in the mineral-rich waters.
Best neighbourhoods in San Pedro del Pinatar:
- Lo Pagán: The tourist face of the town. The promenade here is lively, hosting fairs and markets. Properties are a mix of older holiday apartments and newer infill developments. For those looking for holiday home investments, Lo Pagán ensures high occupancy in summer, though quieter in winter.
- San Pedro Town Centre: Set back from the coast, the town centre offers fantastic value. Large family apartments and townhouses can be found here for significantly less than the frontline. It is where the locals live.
- Villa Nanitos / El Mojón: These areas border the Mediterranean side and offer wilder beaches. They are quieter and attract buyers looking for tranquillity near nature.
The Murcia region in 2026 is no longer a "budget alternative"—it is a destination of choice. It offers a quality of life that is increasingly rare in Europe: safe, affordable, sunny, and connected. The market fundamentals are strong, with rising demand from diverse international sources and a local economy that is growing. For the investor, the yields in Murcia neighbourhoods and coastal towns beat almost any other asset class. For the lifestyle buyer, the Costa Cálida offers a welcome that is warm in every sense of the word. Whether you choose the bustling streets of Los Alcázares, the exclusive tranquillity of Santa Rosalía, or the historic charm of Cartagena, you are buying into a region on the rise.
Ready to explore the market? Browse thousands of listings in Murcia here.
Was this article useful?
The information contained in this article is for general information and guidance only. Our articles aim to enrich your understanding of the Spanish property market, not to provide professional legal, tax or financial advice. For specialised guidance, it is wise to consult with professional advisers. While we strive for accuracy, thinkSPAIN cannot guarantee that the information we supply is either complete or fully up to date. Decisions based on our articles are made at your discretion. thinkSPAIN assumes no liability for any actions taken, errors or omissions.
Related Topics