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The Málaga property market continues its upward trajectory in 2025, with prices showing no signs of slowing down. According to recent data, the average price per square metre in the province has surged by 16.4% over the past year, now reaching €3,836/m².
New-build properties are driving much of this activity, with sales of newly constructed homes in Málaga province up over 60% compared to last year. While demand remains strong, especially from international buyers—who now account for over 32% of mortgage-backed sales—supply remains constrained. Limited land availability and slow urban development approvals are causing a bottleneck that continues to push prices higher.
Across Andalucía, housing costs have risen by 12.1%, well above the national average of 8.4%. The Costa del Sol remains one of the most desirable areas in the country, thanks to its lifestyle appeal, international connectivity, and strong rental yields. For buyers looking along the coast—from Benalmádena to Estepona and even as far as Torrox and Nerja—the combination of scenic views and limited inventory is keeping competition high.
As we move further into 2025, market analysts expect prices to continue rising, albeit at a slightly more moderate pace. For those considering a purchase, timing and location remain key. Whether you’re buying a home for personal use or looking to invest, having an experienced local advisor is essential in navigating a market this dynamic.