Market report · Updated September 2026
Málaga property market 2026
The provincial capital: a port city with museums, a university, the airport and a busy new-build pipeline. Over five years the official average value of homes here has risen 81%, to €3,321 per m² in the second quarter of 2026 (+14.8% in the last year).
Málaga at a glance
Price per m²
€3,321/m²
+81% in five years, +14.8% in a year
Official appraised value, Q2 2026. Ministry of Housing
Against the province
+8%
Province €3,084 per m²
Ministry of Housing, Q2 2026
On the coast
5of 6
Fifth highest price per m² we follow
Ministry of Housing, Q2 2026
New developments
29with homes for sale
From €247k
Marbella Live, checked 4 October 2026
Málaga city. Official appraised value, Q2 2026. Source: Ministry of Housing, published 17 September 2026. Homes of all ages; new builds usually sit above the average.
Official appraised value, Q2 2026
Málaga against the coast
At €3,321 per m², Málaga has the fifth highest price per m² of the 6 towns we follow, 8% above the Málaga province average. Over five years the rise was +81%, against +66% for the province; over the last year, +14.8% against +13.8%.
Official appraised value per m², and the rise over five years
Official appraised value, Q2 2026. Source: Ministry of Housing, published 17 September 2026. All towns in a table.
Your home in Málaga
What is it worth today?
An indicative range from typical asking prices in your Málaga neighbourhood, adjusted for type, size, views and condition. It takes about a minute.
Estimate a valueSelling? Work out your costs and net proceeds.
Our data · New builds
New developments in Málaga
We track 29 new developments with homes for sale in Málaga, with published entry prices from €247,000 and a median of €438k. 4 are ready to move into.
By construction stage
By delivery
18 more are under way with a delivery date still to be published.
Source: Marbella Live, checked 4 October 2026 (how we check).
Málaga new builds by budget
Keep exploring
More on Málaga
Questions people ask
What is the average price per m² in Málaga?
The official average appraised value in Málaga was €3,321 per m² in the second quarter of 2026 (Ministry of Housing), 8% above the Málaga province average (€3,084). The figure covers málaga city. It covers homes of all ages, so new builds usually sit above it.
Are property prices in Málaga going up?
Over five years, official values in Málaga have risen 81%, and up 14.8% on a year earlier, against +66% and +13.8% for Málaga province. These are published past figures, not a forecast; the Ministry publishes them every quarter.
Is it a good time to buy in Málaga?
We do not forecast prices. What the figures show: official values in Málaga +81% over five years, a 12-month Euribor of 2.954% (August 2026 average) and 29 new developments with homes for sale from €247,000. The right moment depends on how long you plan to own, how you finance and whether you prefer off-plan, paid in stages, or ready to move into.