NEIGHBORHOOD GUIDE
Malaga Airport - 7 min
Fuengirola - 20 min
Marbella - 40 min
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Sub-areas:
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Centro/ Malaga Historic Centre:
- Ensanche Centro (Malaga port)
- La Goleta, El Molinillo, Capuchinos, El Ejido and La Merced
- La Trinidad, Mármoles and Perchel Norte/Sur
- Victoria, Conde de Ureña and Gibralfaro
Malaga East:
-La Malagueta (Plaza de Toros, Monte Sancha, Playa la Caleta)
- Cerrado de Calderón, Pedregalejo and El Palo
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Malaga West:
-Huelin, Martín Carpena and Calle Pacifico
PROPERTY MARKET
In February 2024 for residential properties for sale, an average of € 2,809 per square meter was asked, with an increase of 17.24% compared to February 2023 (2,396 €/m²).
Over the past 2 years, the average price in Málaga municipality peaked in February 2024, with a value of € 2,809 per square meter.
The month with the lowest asking price was April 2022: an average of € 2,158 per square meter was asked for a property for sale.
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In February 2024 residential rental properties were asked an average of € 13.93 per month per square meter, with an increase of 21.24% compared to February 2023 (€ 11.49 monthly per square meter).
Over the past 2 years, the average price in Málaga municipality peaked in January 2024, with a value of € 13.95 per square meter.
The month with the lowest asking price was April 2022: for a rental property was asked an average of € 10.12 per month per square meter.
INVESTMENT METRICS
During February 2024, the asking price for properties for sale in Málaga was highest in the Centro area, with € 3,525 per square meter.
The lowest price, instead, was in the Ciudad Jardin, Parque del Sur, San José area, with an average of € 1,827 per square meter.
During the same month, the asking price for rental properties in Málaga was highest in the Centro area, with € 15.91 per month per square meter.
The lowest price, instead, was in the Campanillas area, with an average of € 10.73 per month per square meter.
Malaga Centro
Things to love in Malaga Centro:
- Street market on Saturday
- Calle Larios Christmas lights in old town
- Museums, concerts, theatre
- Rooftop bars
- Perfect public transport
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Soho
Things to love in Soho:
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- Vibrant street art communities
- Hipster lifestyle
- Amazing bars
- Skateboarding
- Secure and safe neighborhood
La Malagueta
Things to love in La Malagueta:
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- Living next to the sea but still in the city
- Great seaside beach bars with local seafood
- International schools
- More international vibes
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Teatinos
Things to love in Teatinos:
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- Lovely University district focused on students budgets
- Great international vibes
- Cheap but good restaurants
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