Year: 2026 2025 2024
🏠

Malaga, Spain

Property prices · 2025 · Europe · Price +4% vs 2024

Price/sqm — City Centre EUR 3,640
Price/sqm — Outside Centre EUR 2,392
1-Bed Rent / Month EUR 988
3-Bed Rent / Month EUR 1,560
Avg Mortgage Rate 3.90%
Price-to-Rent Ratio 18.0x Buying and renting are roughly comparable

Property price trend in Malaga (2024–2026)

Advertisement

Property comparison — cities in Spain (2025)

City Centre /sqm Outside /sqm 1-Bed Rent vs Malaga
Malaga EUR 3,640 EUR 2,392 EUR 988
Barcelona EUR 6,448 EUR 4,160 EUR 1,560 +77.1%
Madrid EUR 5,720 EUR 3,536 EUR 1,352 +57.1%
Bilbao EUR 3,952 EUR 2,600 EUR 1,040 +8.6%
Valencia EUR 3,328 EUR 2,184 EUR 936 -8.6%
Seville EUR 2,912 EUR 1,872 EUR 832 -20%

Other Europe cities (2025)

Frequently asked questions

How much does property cost in Malaga in 2025?

In Malaga, the average price per sqm in the city centre is EUR 3,640, and EUR 2,392 outside the centre (2025 data). Prices have risen 7.5% since 2024.

How much is rent in Malaga in 2025?

A 1-bedroom apartment in Malaga rents for approximately EUR 988 per month in 2025. A 3-bedroom apartment costs around EUR 1,560/month.

Is it better to buy or rent in Malaga?

Buying and renting are roughly comparable in Malaga. The price-to-rent ratio is 18.0x — it would take approximately 18.0 years of rental payments to equal the property purchase price. Current mortgage rates are approximately 3.90%.

What are mortgage rates in Spain in 2025?

The average mortgage rate in Spain is approximately 3.90% as of 2025. With a price-to-rent ratio of 18.0x, buyers should carefully weigh mortgage costs against rental savings.

How have property prices in Malaga changed?

Property prices in Malaga have changed +4% vs 2024. Since 2024, prices have increased by 7.5%. Use the year tabs above to compare prices across years.

What is the price per sqm in Malaga?

The average property price per square metre in Malaga city centre is EUR 3,640 in 2025. Outside the centre, expect to pay around EUR 2,392/sqm.

Advertisement