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Properties in the capital of Málaga are cheaper than in towns of Costa del Sol

The Costa del Sol has a great attraction for the real estate demand, especially the towns that surround the coast from the capital to province of Cádiz due to its beaches are the best of Europe. This is because there is a higher percentage of demand in areas such as Marbella, Fuengirola and Estepona, which makes the price rise concerning other towns in the province of Malaga.

According to the statistics made by Spainhouses.net based on its database of homes for sale, the cheapest regions are the Axarquía and the Guadalhorce Valley, which include towns such as Torrox, Vélez-Málaga, Alhaurín de la Torre, Álora and Cártama. On the other hand, the areas with a moderate price are Serranía de Ronda, the Metropolitan Area of Málaga and Antequera. In the following map, we can appreciate the contrast between the regions of Málaga.

The average price of housing by districts is:

Costa del Sol

The towns of Costa del Sol are more expensive due to the area has one of the most exclusive towns in Spain, Marbella. This town has the most expensive properties of the province and, therefore, the best quality and design. The real estate market in Marbella is dominated by foreign customers with high purchasing power and the construction of luxury homes is an attraction for the main demand.

If we analyze thoroughly the map of the Costa del Sol region we can find cheap areas such as Mijas, Benalmádena, Casares, Fuengirola, Torremolinos, Chullera and Estepona, locating the Marbellí area of Istán, Benahavís and San Pedro de Alcántara as the more expensive. The price of the square meter of the region is € 2.612, based on 13.543 properties. The average price if all locations on the Costa del Sol is as follows:

  • Sabinillas: € 189.771
  • La Duquesa: € 22.709
  • Manilva: € 271.439
  • Torremolinos: € 273.153
  • Arroyo de la Miel: € 294.874
  • Fuengirola: € 294.874
  • Cancelada: € 330.267
  • Casares: € 361.215
  • Benalmádena Costa: € 368515
  • Calahonda: € 371.072
  • Mijas Costa: € 377.683
  • Chullera: € 430.000
  • Benalmádena: € 442.051
  • Mijas: € 485.954
  • Estepona: € 555.332
  • Ojén: € 560.100
  • Marbella: € 861.412
  • Istán: € 907.286
  • Nueva Andalucía: € 958.342

Metropolitan Area of Málaga

When we analyze the metropolitan area of Malaga, we can see the difference between prices and isn't so large. The cheapest areas are Alahurín de la Torre and Casabermeja, the central area of the city is the more expensive with an average price of € 513,522. For the area of Almogía, there is an average price of € 445,800, for Alahurín de la Torre a price of € 355,516 and Casabermeja with € 385,622.

Overall, the average price of properties in the province of Malaga is € 513.352, which means that if you are looking for housing in Malaga the price of the property is located around this value, as we have previously said, it is changing depending on the region. The Malaga square meter price is € 2,421, based on the total number of properties found on the site, which are 18,774.

Regarding the general analysis of the trend of the real estate market in Málaga, we can say, with the data obtained, that there is a decrease in prices in the region of Ronda, Costa del Sol and the Guadalhorce Valley.

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