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The property market in Málaga Capital, Málaga


Description of the town

Malaga is a city located on the Costa del Sol in southern Spain. It is a city with a high quality of life and a great tourist offer, making it an attractive city for investing in the real estate market. The real estate market in Malaga has experienced a great boom in recent years, especially in the tourist rental market. The increase in tourism has generated a high demand for accommodation in the city, which has led to an increase in rental prices for apartments and flats in the most tourist areas. The most popular areas for real estate investment in Malaga are the historic center of the city and the marina area. These areas have a large supply of tourist apartments and flats, as well as a wide variety of restaurants, bars, and shops. There is also a great supply of luxury properties in areas such as La Malagueta or Pedregalejo. The housing market in Malaga also offers opportunities for investment in residential properties. There is a wide variety of neighborhoods and residential areas in the city, from the oldest neighborhoods such as La Victoria or El Perchel, to luxury developments on the outskirts of the city. Overall, the real estate market in Malaga offers good opportunities for investment in both tourist rentals and residential properties. The growing tourism and high quality of life in the city are factors that make Malaga an attractive city for real estate investment.

Historical prices per square metre in Málaga Capital compared with Euribor

Home sale price data for Málaga Capital has been sourced from the Idealista property portal database.

Price per m²
  • Latest data: 2.678 €/m2 (Jan 2024)
  • Maximum: 2.678 €/m2 (Jan 2024)
  • Minimum: 1.511 €/m2 (Aug 2014)
Euribor
  • Latest data: 2.21% (Nov 2025)
  • Maximum: 5.39% (Jun 2008)
  • Minimum: -0.51% (Dec 2020)

Historical property prices in relation to demand in Málaga Capital

This graph shows the comparison between property prices and market demand in Málaga Capital. Demand is based on the volume of property-for-sale searches made in Google within Spain for Málaga Capital.

Demand is measured by adding up the Google searches made in Spain for the following search terms:

  • "Buy house in Málaga Capital"
  • "Homes for sale Málaga Capital"
  • "Flats for sale in Málaga Capital"
  • "Apartments for sale in Málaga Capital"
  • "Houses for sale in Málaga Capital"
  • "Properties for sale in Málaga Capital"
  • "Buy flats in Málaga Capital"
  • "Buy apartments in Málaga Capital"

There are not enough data points to analyze the trend.

Prices by district

The price per square metre of homes for sale by district in Málaga Capital has been sourced from the Idealista property portal database.

Last month
District Price Maximum Minimum Price Demand
Bailén - Miraflores 2.095 €/m2 (Feb 2024) 2.126 €/m2 (Nov 2023) 2.071 €/m2 (Sep 2023) -0.95%
Churriana 2.147 €/m2 (Feb 2024) 2.147 €/m2 (Feb 2024) 2.116 €/m2 (Jan 2024) + 1.47%
Ciudad Jardín 1.819 €/m2 (Feb 2024) 1.819 €/m2 (Feb 2024) 1.745 €/m2 (Nov 2023) + 1.28%
Cruz de Humilladero 2.226 €/m2 (Feb 2024) 2.226 €/m2 (Feb 2024) 2.187 €/m2 (Nov 2023) + 0.95%
Málaga Centro 3.607 €/m2 (Feb 2024) 3.634 €/m2 (Jan 2024) 3.517 €/m2 (Nov 2023) -0.74%
Málaga Este 3.774 €/m2 (Feb 2024) 3.774 €/m2 (Feb 2024) 3.631 €/m2 (Sep 2023) + 0.8%
Puerto de La Torre 2.166 €/m2 (Feb 2024) 2.246 €/m2 (Dec 2023) 2.141 €/m2 (Sep 2023) -2.39%
Teatinos 2.795 €/m2 (Feb 2024) 2.853 €/m2 (Nov 2023) 2.795 €/m2 (Feb 2024) -1.13%

Location map