Buyer's Guide
Costa del Sol Property Prices: Town by Town in 2026

Costa del Sol property prices range from about €3,700/m² in Mijas to almost €6,000/m² in Marbella, based on idealista asking prices for September 2026. The Malaga province average is €4,317/m², up 6.6% on a year earlier. If you want a new build, you can find one in our listings from €196,000.
Price per square metre on the Costa del Sol
| Town | Asking price (€/m²) | Annual change |
|---|---|---|
| Marbella | 5,967 | +3.2% |
| Estepona | 5,021 | +17.1% |
| Fuengirola | 4,452 | +1.1% |
| Torremolinos | 4,199 | +7.1% |
| Benalmádena | 4,188 | +5.1% |
| Malaga city | 3,969 | +4.1% |
| Mijas | 3,717 | +8.5% |
| Malaga province | 4,317 | +6.6% |
Source: idealista price report, September 2026. These are asking prices in listings, for new and resale homes.
Estepona is rising fastest, 17.1% in a year, as more buyers choose it over Marbella. If you are torn between the two, we compare them in Marbella or Estepona.
Asking price, valuation and price actually paid
Do not rely on a single figure when you compare towns. There are three ways of measuring prices and each gives a different result.
- Asking price: what listings ask for. It is the highest and the first to reflect changes.
- Valuation: what surveyors say. In Malaga province it was €3,083.5/m² in the second quarter of 2026, up 13.8% in a year, according to the Spanish Housing Ministry.
- Price in the deeds: what is signed before the notary. Non-resident buyers paid an average of €3,242/m² across Spain in the second half of 2025, against €1,839/m² for Spanish buyers, according to the Notaries' Council.
The gap is mainly about the type of home: foreign buyers purchase closer to the sea and buy more new builds.

What a new home costs: real examples
Price per square metre is useful for comparing areas. For your budget, look at real prices from developments on sale today.
| Development | Town | From |
|---|---|---|
| Laguna Nova | Mijas | €196,000 |
| Etherna Homes II | Estepona | €259,000 |
| Alonia Manilva | Manilva | €279,000 |
| El Jardín de El Cañaveral | Malaga | €309,000 |
| Be Aloha | Marbella | €475,000 |
| Solenne | Benahavís | €990,000 |
These are starting prices before tax. If your budget is tight, first phases and ground-floor homes without views are usually the cheapest in each development.
What pushes property prices up or down
- Distance to the sea: a few minutes' walk from the beach, prices rise clearly.
- Views and orientation: a south-facing terrace with sea views costs noticeably more than the same home without them.
- When you buy: buying early, off-plan, is usually cheaper than buying once the building is finished.
- Golf and services: developments with a golf course, concierge or spa have higher prices and fees.
- Access: being close to the A-7 or the local train saves you time every day, and that is priced in too.
How to work out your total budget
- Price of the home, with parking and storage if you want them.
- Plus 10% VAT and 1.2% stamp duty if it is a new build in Andalusia.
- Plus around 1% for notary, land registry and administration.
- Plus valuation and arrangement fees if you take out a mortgage.
- Plus furniture and appliances if the home does not include them.
On those numbers, a €300,000 new home will cost you about €337,000 in total. If you need finance, read our guide to mortgages for non-residents.
Frequently asked questions
What is the average property price on the Costa del Sol?
Malaga province averages €4,317/m² in asking prices in September 2026, with Marbella at €5,967/m² and Mijas at €3,717/m².
Where is it cheapest to buy on the Costa del Sol?
Among the larger towns, Mijas and Malaga city have the lowest prices per square metre; Manilva and the Axarquía are also affordable.
Are Costa del Sol property prices still rising?
Yes. Valuations rose 13.8% in a year across the province, and Estepona asking prices are up more than 17%.
Do new build prices include VAT?
Usually not. Starting prices are published without the 10% VAT and 1.2% stamp duty you pay when buying.
Official sources
- idealista: Malaga province price report
- Spanish Ministry of Housing: appraised value statistics
- Spanish Notaries' Council: statistics portal
General information checked on the date shown; it does not replace advice from a lawyer or tax adviser for your case.


