Housing Prices: Malaga and the Costa del Sol Continue as Prominent Leaders in Andalusia

Málaga/New report on housing and a new confirmation of the reality of Málaga and its province in recent years: the Costa del Sol continues to lead the region in housing prices, both in terms of purchase and rent. The ‘Barometer of the Residential Market of Andalusia’ confirms Málaga as the Andalusian capital with the highest housing prices, reaching 3,013 euros per square meter, with up to five coastal municipalities recording even higher figures: Marbella (4,260), Fuengirola (3,540), Estepona (3,348), Benalmádena (3,304), and Torremolinos with (3,293). These are figures from the first quarter of 2025 and, regarding the price of rental housing in provincial capitals, also place Málaga at the top of the community, with an average price of 15.28 euros per square meter per month, followed by Sevilla with 12.36 and Cádiz with 11.52. Granada (9.77), Almería (8.79), Huelva (8.72), Córdoba (8.58), and Jaén (7.38) complete the list.

All municipalities see increases

In the Costa del Sol, all destinations analyzed in the report show price increases compared to the previous year. Notably, Fuengirola with an 18.5%, Vélez-Málaga with an 18.3%, Torremolinos 18%, Benalmádena with 16.8%, Mijas with 16.6%, Estepona with 16.3%, Rincón de la Victoria with 15.1%, Marbella with 13.9%, Manilva 12.5% and Alhaurín de la Torre with 12.2%.

Regarding the evolution of this year (data corresponds to the first quarter of 2025), there is a general upward trend throughout the province. Vélez-Málaga leads the growth with a 6% increase, followed by Estepona with 5.3%, Marbella with 5.2%, Fuengirola with 5%, Mijas with 3.7%, Rincón de la Victoria with 3.5%, and Benalmádena with 3.2%. Also noteworthy is the increase in Manilva, with 2.9%, Alhaurín de la Torre, which rises by 2.4%, and Torremolinos, with 2.1%.

All these figures, according to the authors of the report, once again position Málaga as "the most dynamic market in Andalusia, both in the capital and its coast." "The sustained evolution of prices, both in purchase and rental, confirms the attractiveness of the province as a hub for residential investment and a key destination for national and international buyers," states Roberto Rey, president and CEO of Gloval group, the firm offering comprehensive valuation, engineering, and real estate consulting services, and which authors this quarterly publication analyzing the evolution of the prices of the residential markets of the Andalusian provincial capitals, as well as the metropolitan area of Sevilla, the municipalities that make up the Costa del Sol, and those that are part of the outskirts of Cádiz.