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Mazarrón · report

Buy or rent in Mazarrón

Owning and renting a 90 m² home cost about the same each month. Owning counts interest, running costs and the return the deposit could earn, at the appraised value; rent is the mean of new leases. Repaying the loan is saving, so it is left out.

Rent per month
€486
Owning per month
€504

Try your own numbers

Starting from the average appraised value of €1,584/m², and the mean rent of leases signed in 2024, €5.4/m² a month, in Mazarrón, and a mortgage rate of 3.0%.

Assumptions
90
3
1
Property tax (IBI), insurance, maintenance and the community of owners.
3
What the deposit and purchase costs could earn if invested instead.
7
Transfer tax or VAT, stamp duty, notary and land registry, paid once.

Owning and renting cost about the same each month.

Rent a month
€486
Owning a month, not recovered
€500
Interest
€321
Running costs
€119
Return given up
€61
Cash out a month, if buying
€660

The comparison counts only the costs of owning you never get back: interest, running costs and what the deposit and purchase costs could earn elsewhere. Loan repayments build equity, so they are left out. So is any rise in the home's value, because nobody knows it in advance. Rents here are the mean rent of leases signed in the year, from landlords' income tax returns (AEAT); prices are appraised values, not sale prices.

Other reports for Mazarrón

At the average appraised value, a 90 m² home costs €142,524. With 10% down and a 30-year mortgage, the payment is €544 a month. Spain sets no cap on the payment; lenders must assess each borrower's solvency.

Payment, two incomes
22%
Payment, one income
43%

Figures for Murcia province: Mazarrón has no reliable figures of its own.

81.4% more homes were licensed for construction in the last 12 months than in an average year of the past decade.

Licensed, 12 months
4,490

Figures for Murcia province: Mazarrón has no reliable figures of its own.

Buyers living abroad bought 13.7% of the homes sold here in the four quarters to Q2 2026.

Bought by buyers abroad, 12 months
13.7%

Appraised values have fallen by 3% or more 3 times since 2005. The deepest began in Q2 2007.

Deepest fall
−55.4%
Recovery from the low
Not yet

15.3% of the 31,537 homes counted in the 2021 census stood empty, whether for sale, to let or for other reasons.

Empty, 2021 census
15.3%
Empty homes
4,824