Malaga province starts 2026 with highest three-year rise in housing prices

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The price per square metre exceeds 3,000 euros in Malaga city, while renting a flat continues becoming more expensive

Jesús Hinojosa

Malaga

Monday, 27 April 2026, 11:51

This year began with a new rise in housing prices in the province of Malaga. The latest report from valuations company Gesvalt maintains the upward trend of recent years for both properties for sale and for rent.

Homes for sale in the province have recorded the largest increase in the last three years, with a 16% year-on-year rise in the first quarter of 2026, during which the average price per square metre climbed to 3,143 euros.

Rents are also keeping pace with the upward trend of recent years, with an average year-on-year increase of 8.5%, bringing the price to 17.11 euros per square metre per month of rent at the provincial level. Rents have increased by 2% from January to March.

Price trends in Malaga city are very similar. The price per square metre for sale has surpassed 3,000 euros for the first time, reaching 3,064, an 11% increase compared to a year ago. Meanwhile, the average rental price in the city has risen to 16.72 euros, almost 6% higher than in the first quarter of 2025.

Housing costs also keep growing in Marbella, where luxury residential developments drive the average price to 3,446 euros per square metre, 10% higher than a year ago. Rentals in Marbella also meet their highest price in the province, at 21.52 euros per square metre per month.

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