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)
Price variation m2
- 1 Month: +0.49%
- 3 Meses: 0
- 12 Meses: +14.05%
Euribor
- Latest data: 2.79% (Jun 2026)
- Maximum: 5.39% (Jun 2008)
- Minimum: -0.51% (Dec 2020)
Prices have shown a growing trend, with an average increase of 1.81 euros per square meter per month.
The price per square meter went from 2176 to 2850 euros, representing a 31% variation during the period.
A bullish trend is detected in prices, which could be interpreted as an increase in general interest in flats for sale.
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 |