Here's a comparison of property prices in Costa del Sol with other popular regions in Spain:

Costa del Sol vs. Other Coastal Areas

  • Costa del Sol (Malaga province) has experienced the highest price increase among Spanish coastal regions, with a 9.3% year-on-year rise as of Q1 2024
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  • The average price per square meter in Malaga province reached €2,289, leading the coastal property market growth
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Comparison with Other Regions

  1. Balearic Islands
    • Second highest increase: 8.8% year-on-year
    • Average price: €2,934 per square meter
    • Most expensive region in Spain for resale properties (€3,987 per square meter)
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  2. Alicante, Valencia, and Santa Cruz de Tenerife
    • Price increases of around 7%
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  3. Cadiz (Andalusia)
    • 5.8% increase
    • Average price: €1,625 per square meter
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  4. Almeria (Andalusia)
    • 5.6% increase
    • Average price: €1,187 per square meter
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  5. National Average (coastal properties)
    • 5.7% year-on-year increase
    • Average price: €1,740 per square meter
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Costa del Sol Highlights

  • Marbella: Most expensive location at €2,811 per square meter (10% annual increase)
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  • Manilva: Highest price increase at 13.1% year-on-year
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  • Holiday homes in Malaga average €3,700 per square meter
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  • Between Marbella and Manilva, holiday home prices reach €4,000 per square meter
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Market Position

Costa del Sol, particularly Malaga province, stands out as the fastest-growing and one of the most expensive coastal property markets in Spain. Its price growth outpaces other popular regions, including the traditionally expensive Balearic Islands. The area's appeal to international buyers and the luxury market segment contribute to its strong performance relative to other Spanish regions.
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