Costa del Sol property prices · Málaga

Málaga property prices 2026

The average property price in Málaga is €3,320 per m² (Q2 2026). Prices have risen 14.8% over the last year and 80.5% over five years.

3,320 €/m²Average price

+14.8%1 year

+80.5%5 years

+36.9%vs 2007 peak

Price per m² in Málaga, 2005–2026

Source: Spanish Ministry of Housing and Urban Agenda, “Average appraised value of private housing”, towns over 25,000 inhabitants. Appraisal value, not transaction price. Updated: Q2 2026.

New-build (up to 5 years old): €4,140/m². Resale (over 5 years): €3,283/m².

An 80 m² apartment in Málaga is worth around €266,000 on average; a 120 m² home, around €398,000.

Málaga ranks 8 of 12 among Costa del Sol towns by price per m².

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Compare with other towns

Marbella · 4,528 €/m² Benalmádena · 3,783 €/m² Torremolinos · 3,758 €/m² Fuengirola · 3,758 €/m² Estepona · 3,518 €/m² Rincón de la Victoria · 3,506 €/m² Mijas · 3,365 €/m² Vélez-Málaga · 2,788 €/m² Alhaurín de la Torre · 2,753 €/m² Ronda · 1,743 €/m² Antequera · 1,532 €/m²

FAQ

How much does a square metre cost in Málaga?

According to the latest official figure (Q2 2026), the average appraised value is €3,320 per m².

Are property prices in Málaga still rising?

Over the last year prices have risen 14.8%. Compared with the 2007 peak the change is +36.9%.

Where does this data come from?

Spain's Ministry of Housing and Urban Agenda: average appraised value of private housing from mortgage valuations. Official statistics, not asking prices.