Market report · Updated September 2026
Marbella property market 2026
The best-known address on the coast, with the widest spread of homes, from town-centre flats to beachfront villas. Over five years the official average value of homes here has risen 71%, to €4,528 per m² in the second quarter of 2026 (+15.6% in the last year).
Marbella at a glance
Price per m²
€4,528/m²
+71% in five years, +15.6% in a year
Official appraised value, Q2 2026. Ministry of Housing
Against the province
+47%
Province €3,084 per m²
Ministry of Housing, Q2 2026
On the coast
1of 6
Highest price per m² we follow
Ministry of Housing, Q2 2026
New developments
78with homes for sale
From €375k
Marbella Live, checked 4 October 2026
The Marbella municipality, including San Pedro, Nueva Andalucía and the Golden Mile. 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
Marbella against the coast
At €4,528 per m², Marbella has the highest price per m² of the 6 towns we follow, 47% above the Málaga province average. Over five years the rise was +71%, against +66% for the province; over the last year, +15.6% 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 Marbella
What is it worth today?
An indicative range from typical asking prices in your Marbella 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 Marbella
We track 78 new developments with homes for sale in Marbella, with published entry prices from €375,000 and a median of €3.5M. 16 are ready to move into.
By construction stage
By delivery
46 more are under way with a delivery date still to be published.
Source: Marbella Live, checked 4 October 2026 (how we check).
Keep exploring
More on Marbella
Questions people ask
What is the average price per m² in Marbella?
The official average appraised value in Marbella was €4,528 per m² in the second quarter of 2026 (Ministry of Housing), 47% above the Málaga province average (€3,084). The figure covers the Marbella municipality, including San Pedro, Nueva Andalucía and the Golden Mile. It covers homes of all ages, so new builds usually sit above it.
Are property prices in Marbella going up?
Over five years, official values in Marbella have risen 71%, and up 15.6% 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 Marbella?
We do not forecast prices. What the figures show: official values in Marbella +71% over five years, a 12-month Euribor of 2.954% (August 2026 average) and 78 new developments with homes for sale from €375,000. 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.