Costa del Sol Price Tracker
Price per m² by Area

Property prices across the Costa del Sol have risen consistently since the post-pandemic recovery began in late 2020. Marbella’s prime market has seen the most dramatic appreciation, with average prices per square metre climbing from €2,800 to over €5,250 — an increase of approximately 87.5%. This trajectory reflects a combination of chronic supply shortages in prime locations, sustained international demand, and a structural shift in buyer profiles toward higher-net-worth individuals and family offices.

Estepona and Málaga City have emerged as the strongest growth corridors outside the traditional Golden Triangle. Both areas doubled in price per square metre over the five-year period, driven by significant infrastructure investment, new-build development, and a broadening buyer base that includes remote workers, digital nomads, and institutional investors seeking yield-oriented assets. Estepona’s town-centre regeneration programme and Málaga’s transformation into a tech and cultural hub have fundamentally repositioned both locations.

Across all five tracked areas, constrained land supply remains the dominant price driver. Planning restrictions, PGOU limitations, and protected environmental zones severely limit new development capacity in the most desirable coastal corridors. With demand continuing to outstrip supply — particularly in the €3M+ segment where off-market transactions dominate — the structural outlook for prices remains firmly upward through 2026 and beyond.