Málaga property prices: the Alcazaba, the cathedral and the city centre

Imagine Marbella · Guide

House prices in Málaga: price per m² by area

Imagine Marbella Editorial Team ·

Short answer: On 7 November 2026 there are 463 homes for sale in Málaga. The median asking price is €5,100 per m²; the middle half of the listings asks between €3,750 and €6,850 per m². A home in the middle of the market costs €683,000. Apartments and penthouses ask €5,540 per m², villas and townhouses €4,000 per m².

These figures are a snapshot of the asking prices of all homes for sale today in this municipality and its areas, recalculated every night. They are not sale prices. A home can differ greatly from the median because of its location, style and architecture, interior design, views, garden and finish. That is why personal advice from an agent who knows the area and the property inside out makes all the difference.

Asking prices of properties for sale on 7 November 2026. Not sale prices: what buyers actually paid is only recorded later by notaries and the Land Registry (Registro de la Propiedad). Source: Imagine Marbella, own calculation on all listings. How we calculate this

Málaga is the capital of the Costa del Sol and one of the most popular cities in Spain to live in. Museums, a historic centre, the port, city beaches, an international airport and the high-speed train to Madrid make it an appealing choice for anyone who wants to combine city life with the sea. Below you'll find what a home in Málaga costs today, by property type and by area, calculated from every listing on the market and updated each night.

Price per m² by area in Málaga

For every area with its own page, the table shows how many homes are for sale, the median asking price per m², the middle half of the listings and the share of new builds. Click on an area to see the homes and information about the neighbourhood. Among Málaga’s most sought-after addresses are the neighbourhoods in the east of the city, such as El Limonar, Cerrado de Calderón and El Candado, with villas on the hillsides and sea views, close to the centre.

AreaFor saleMedian per m²Middle half per m²Median asking priceNew build
Whole municipality463€5,100€3,750 – €6,850€683,00016%

We know every area, including homes that are not listed online.

Asking prices of properties for sale on 7 November 2026. Not sale prices: what buyers actually paid is only recorded later by notaries and the Land Registry (Registro de la Propiedad). Source: Imagine Marbella, own calculation on all listings. How we calculate this



Price per m² by property type in Málaga

TypeNumberMedian per m²Middle half per m²Median asking price
Apartments and penthouses335€5,540€4,080 – €7,310€558,000
Villas and townhouses128€4,000€2,800 – €5,650€1,173,000
Apartments294€5,400€3,970 – €6,760€497,000
Penthouses41€7,500€5,750 – €9,770€899,000
Villas68€3,880€2,450 – €5,970€1,445,000
Townhouses60€4,500€3,210 – €5,330€853,000

Asking prices of properties for sale on 7 November 2026. Not sale prices: what buyers actually paid is only recorded later by notaries and the Land Registry (Registro de la Propiedad). Source: Imagine Marbella, own calculation on all listings. How we calculate this


New build or resale in Málaga?

16% of the listings in Málaga are new build (73 homes). New build asks a median of €8,210 per m², with modern finishes, energy-efficient systems and building guarantees. Resale homes ask a median of €4,790 per m², often in established neighbourhoods with mature gardens and everything close at hand.

Asking prices of properties for sale on 7 November 2026. Not sale prices: what buyers actually paid is only recorded later by notaries and the Land Registry (Registro de la Propiedad). Source: Imagine Marbella, own calculation on all listings. How we calculate this



Are asking prices rising in Málaga?

Our own monthly series for Málaga started in November 2026. From February 2027 this section automatically shows how the asking price per m² changed over 3 months, and after a year over 12 months as well. For actual sale prices in recent years, see the official figures in this article.

Asking prices of properties for sale on 7 November 2026. Not sale prices: what buyers actually paid is only recorded later by notaries and the Land Registry (Registro de la Propiedad). Source: Imagine Marbella, own calculation on all listings. How we calculate this


Every home in Málaga is unique

The figures on this page show the price level of the market: a snapshot of the asking prices of all homes for sale today, by municipality and by area. They do not tell you what one particular home is worth. Two homes in the same street can be far apart because of their location and orientation, their style and architecture, the interior design, the sea or mountain views, the garden and the finish. That is exactly where expert advice makes the difference: we know the areas, the homes and their story, and help you make the right choice, whether you are buying or selling.

What does this mean for you as a buyer?

  • Start by choosing the place that suits you. Every area of Málaga has its own character and its own price level; the figures give you an instant overview.
  • Let your heart have a say. Location, views, light and finish are what turn a property into your home. Figures are a starting point, but what you see and feel on a viewing makes the difference.
  • Factor in all the costs. Taxes and notary costs come on top of the price. Read how much of your own money you need.
  • Let us guide you. We track prices in every area daily and also know the properties that aren't listed online.

Selling your home in Málaga?

The asking price per m² in your area is a good starting point, but the value of your home depends on its location, views, condition and finish. We'll value it for you, free of charge and with no obligation. Also take a look at all the costs of selling.

Would you like to know what your home in Málaga is worth, or what you can buy with your budget? We're happy to help, with no obligation.

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Frequently asked questions about property prices in Málaga

What does a home cost per m² in Málaga?

The median asking price in Málaga is €5,100 per m² (463 homes for sale, as of 7 November 2026). The middle half of the listings asks between €3,750 and €6,850 per m².

What do an apartment and a villa cost per m² in Málaga?

Apartments and penthouses ask €5,540 per m², villas and townhouses €4,000 per m².

New build or resale in Málaga: what is the price difference?

16% of the listings in Málaga are new build (73 homes). New build asks a median of €8,210 per m², with modern finishes, energy-efficient systems and building guarantees. Resale homes ask a median of €4,790 per m², often in established neighbourhoods with mature gardens and everything close at hand.

Read also: all homes for sale in Málaga, Marbella or Málaga, the Costa del Sol and buying a home in Spain as a Dutch or Belgian national. Prices in the surrounding area: house prices in Torremolinos and house prices in Benalmádena.

Sources and method

Written by the Imagine Marbella editorial team. The figures in the boxes are updated automatically every night, and the date is shown with each figure. Asking prices are not a valuation: always have the value of a specific property assessed separately.

Geert Eeckeleers and Martine Aertgeerts of Imagine Marbella

Personal advice

Geert & Martine

Boutique estate agents in Marbella, Benahavís and Estepona. We speak Dutch, French, English and Spanish.

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