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The property market in Torremolinos, Málaga


Description of the town

The property market of Torremolinos, located in the province of Malaga in Spain, has been one of the most important on the Costa del Sol. The city has become a popular tourist destination, which has increased the demand for real estate in the zone. In recent years, the Torremolinos real estate market has experienced an increase in house prices due to increased demand. This increase has occurred both in the new housing market and in the second-hand housing market. Regarding the type of housing, apartments and flats are the most common in Torremolinos, and also the most in demand. Buyers often look for properties with sea views, with easy access to the beach and close to the main tourist attractions in the city. Regarding prices, the cost of housing in Torremolinos varies depending on the location and proximity to the beach. In general, prices are higher in the coastal area, especially in the more popular neighborhoods, such as La Carihuela and Playamar. According to the latest data available, the average price of a home in Torremolinos is approximately 2,200 euros per square meter. The Torremolinos property market is very active, with a large number of estate agents offering a wide variety of properties for sale. In addition, the city has several construction companies that are developing new housing projects in different areas of the city. As for buyers, foreigners are the main investors in the Torremolinos real estate market. Buyers from European countries, mainly the UK, Germany, France and the Netherlands, account for the majority of sales. However, national buyers are also important in the Torremolinos real estate market. In summary, the Torremolinos real estate market is active and dynamic, with high demand and a wide variety of properties for sale. Prices are high, but vary depending on location and proximity to the beach. Foreign buyers are the main investors in the city's real estate market, although there is also a significant presence of national buyers.

Historical prices per square metre in Torremolinos compared with Euribor

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

Price per m²
  • Latest data: 2.850 €/m2 (Jan 2024)
  • Maximum: 2.850 €/m2 (Jan 2024)
  • Minimum: 1.532 €/m2 (Aug 2015)
Euribor
  • Latest data: 2.57% (Mar 2026)
  • Maximum: 5.39% (Jun 2008)
  • Minimum: -0.51% (Dec 2020)

Historical property prices in relation to demand in Torremolinos

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

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

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

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 Torremolinos has been sourced from the Idealista property portal database.

Last month
District Price Maximum Minimum Price Demand

Location map