Property News from Spain

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.

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.