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Property prices in Málaga by town

What homes are worth in Málaga, town by town: the average value per m² from official mortgage appraisals in April – June 2026, published by the Spanish housing ministry.

TownPer m²New (up to 5 years)12 monthsAppraisals
Marbella€4,528€5,955+15.6%748
Benalmádena€3,783€3,907+12.8%402
Fuengirola€3,758€4,547+14.8%423
Torremolinos€3,758€4,248+7.9%326
Estepona€3,518€4,046+12.1%470
Rincón de la Victoria€3,506—+14.1%201
Mijas€3,365€3,761+11.6%675
Málaga€3,321€4,140+14.8%1,722
Vélez-Málaga€2,788€3,620+20.8%303
Alhaurín de la Torre€2,753—+12.5%167
Ronda€1,743—+21.3%133
Antequera€1,532—+14.6%137

Official mortgage appraisals for April – June 2026: Ministerio de Vivienda y Agenda Urbana — valor tasado de vivienda libre. An appraised value is what licensed valuers put on homes for mortgages; it is not a sale price and usually sits below asking prices. Towns with fewer than 50 appraisals in the quarter are not shown.

Questions and answers

Which town in Málaga is the most expensive, and which is the most affordable?
The most expensive is Marbella — €4,528. The most affordable is Antequera — €1,532.
Where do these figures come from?
From the official source — Ministerio de Vivienda y Agenda Urbana — valor tasado de vivienda libre — for April – June 2026. GREM refreshes the page from that source every week.

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