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Malaga Property Prices Reach All-Time High: Square Meter Surpasses €3,650

Malaga Property Market: Why Are Home Prices Rising Faster Here Than Anywhere Else?

In October 2025, Malaga set a new record for residential property prices. The city’s average price per square meter is now well above the national average. Price trends vary across districts, but experts highlight consistently strong demand for real estate.

Record-Breaking Figures in the Real Estate Market

In October 2025, the average price per square meter of housing in Málaga reached €3,652, marking the highest level ever recorded. Over the past year, prices rose by 15.5%, and by 0.9% in just one month. These figures confirm that Málaga remains one of Spain’s most expensive and sought-after cities for property purchases.

Comparison with National Trends

While the national average price stood at €2,555 per square meter, Málaga’s rate is significantly higher. Across Spain, prices increased by 1.5% over the month and by 15.7% over the year. Despite similar growth rates, the absolute gap between Málaga and other regions remains substantial. This highlights the unique character of the local market and its strong appeal to investors.

Differences Between City Districts

Within Málaga, prices vary widely between neighborhoods. The most expensive area is still Este, where prices per square meter have approached €4,728, up 16.4% from last year. In the city center, housing costs around €4,190 per square meter, while in Teatinos it is €3,734. In Carretera de Cádiz, the price is €3,491 per square meter.

Meanwhile, in more affordable districts like Ciudad Jardín, the price per square meter is €2,442, and in Puerto de la Torre it stands at €2,607. In Churriana and Bailén-Miraflores, the most significant annual increases were seen—27.8% and 29.2%, respectively—reflecting growing interest in these areas.

Trends and Outlook

Despite the overall increase, some neighborhoods show fluctuations. For example, in Teatinos, prices dropped by 2% this month, but on an annual basis, the district continues to show positive growth. Overall, Málaga is following national trends, while still maintaining higher price levels.

Experts note that housing demand in the city remains stable, with sustained interest from both domestic and international buyers. The market is expected to stay highly active in the coming months, and new price records could be set again.

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