Municipality · data to June 2026
House prices in Marbella
Appraisers valued homes in Marbella at an average €4,528 per m² in the quarter to June 2026, up 15.6% on a year before. That is higher than in 96% of municipalities.
- Appraised value per m²
- €4,528/m²
- Change in a year
- +15.6%
Marbella: +79.3% in 21 years
Appraised value of free-market homes per m², by quarter
- Marbella
- Málaga province
- Spain
Show the numbers
| Quarter | Marbella | Málaga province | Spain |
|---|---|---|---|
| Q2 2026 | €4,528/m² | €3,084/m² | €2,355/m² |
| Q1 2026 | €4,333/m² | €2,988/m² | €2,316/m² |
| Q4 2025 | €4,270/m² | €2,897/m² | €2,230/m² |
| Q3 2025 | €4,302/m² | €2,834/m² | €2,153/m² |
| Q2 2025 | €3,916/m² | €2,708/m² | €2,094/m² |
| Q1 2025 | €3,912/m² | €2,615/m² | €2,033/m² |
| Q4 2024 | €3,610/m² | €2,522/m² | €1,972/m² |
| Q3 2024 | €3,325/m² | €2,440/m² | €1,921/m² |
| Q2 2024 | €3,394/m² | €2,401/m² | €1,896/m² |
| Q1 2024 | €3,255/m² | €2,327/m² | €1,866/m² |
| Q4 2023 | €3,037/m² | €2,273/m² | €1,842/m² |
| Q3 2023 | €3,190/m² | €2,230/m² | €1,812/m² |
| Q2 2023 | €3,146/m² | €2,187/m² | €1,793/m² |
| Q1 2023 | €3,062/m² | €2,152/m² | €1,788/m² |
| Q4 2022 | €2,814/m² | €2,072/m² | €1,749/m² |
| Q3 2022 | €2,830/m² | €2,066/m² | €1,740/m² |
| Q2 2022 | €2,815/m² | €2,016/m² | €1,741/m² |
| Q1 2022 | €2,825/m² | €1,981/m² | €1,734/m² |
| Q4 2021 | €2,621/m² | €1,922/m² | €1,694/m² |
| Q3 2021 | €2,642/m² | €1,924/m² | €1,662/m² |
| Q2 2021 | €2,641/m² | €1,852/m² | €1,649/m² |
| Q1 2021 | €2,468/m² | €1,804/m² | €1,625/m² |
| Q4 2020 | €2,527/m² | €1,811/m² | €1,622/m² |
| Q3 2020 | €2,491/m² | €1,789/m² | €1,620/m² |
| Q2 2020 | €2,564/m² | €1,811/m² | €1,610/m² |
| Q1 2020 | €2,459/m² | €1,809/m² | €1,640/m² |
| Q4 2019 | €2,593/m² | €1,835/m² | €1,653/m² |
| Q3 2019 | €2,554/m² | €1,825/m² | €1,638/m² |
| Q2 2019 | €2,541/m² | €1,815/m² | €1,637/m² |
| Q1 2019 | €2,344/m² | €1,769/m² | €1,636/m² |
| Q4 2018 | €2,437/m² | €1,786/m² | €1,619/m² |
| Q3 2018 | €2,339/m² | €1,734/m² | €1,590/m² |
| Q2 2018 | €2,335/m² | €1,715/m² | €1,588/m² |
| Q1 2018 | €2,204/m² | €1,681/m² | €1,567/m² |
| Q4 2017 | €2,297/m² | €1,650/m² | €1,559/m² |
| Q3 2017 | €2,153/m² | €1,615/m² | €1,540/m² |
| Q2 2017 | €2,135/m² | €1,612/m² | €1,530/m² |
| Q1 2017 | €2,125/m² | €1,616/m² | €1,526/m² |
| Q4 2016 | €2,157/m² | €1,587/m² | €1,512/m² |
| Q3 2016 | €1,943/m² | €1,531/m² | €1,500/m² |
| Q2 2016 | €1,971/m² | €1,565/m² | €1,506/m² |
| Q1 2016 | €1,976/m² | €1,540/m² | €1,492/m² |
| Q4 2015 | €1,955/m² | €1,520/m² | €1,490/m² |
| Q3 2015 | €1,988/m² | €1,525/m² | €1,476/m² |
| Q2 2015 | €1,921/m² | €1,481/m² | €1,477/m² |
| Q1 2015 | €1,898/m² | €1,487/m² | €1,458/m² |
| Q4 2014 | €1,911/m² | €1,482/m² | €1,463/m² |
| Q3 2014 | €2,005/m² | €1,493/m² | €1,456/m² |
| Q2 2014 | €1,930/m² | €1,477/m² | €1,459/m² |
| Q1 2014 | €1,912/m² | €1,466/m² | €1,459/m² |
| Q4 2013 | €1,999/m² | €1,447/m² | €1,467/m² |
| Q3 2013 | €1,900/m² | €1,484/m² | €1,495/m² |
| Q2 2013 | €1,976/m² | €1,535/m² | €1,503/m² |
| Q1 2013 | €1,992/m² | €1,544/m² | €1,516/m² |
| Q4 2012 | €1,990/m² | €1,549/m² | €1,531/m² |
| Q3 2012 | €2,036/m² | €1,576/m² | €1,566/m² |
| Q2 2012 | €1,933/m² | €1,660/m² | €1,606/m² |
| Q1 2012 | €2,090/m² | €1,687/m² | €1,649/m² |
| Q4 2011 | €2,031/m² | €1,701/m² | €1,702/m² |
| Q3 2011 | €1,980/m² | €1,744/m² | €1,729/m² |
| Q2 2011 | €2,083/m² | €1,825/m² | €1,752/m² |
| Q1 2011 | €2,024/m² | €1,827/m² | €1,778/m² |
| Q4 2010 | €2,126/m² | €1,881/m² | €1,826/m² |
| Q3 2010 | €2,041/m² | €1,874/m² | €1,832/m² |
| Q2 2010 | €2,144/m² | €1,916/m² | €1,849/m² |
| Q1 2010 | €2,183/m² | €1,986/m² | €1,866/m² |
| Q4 2009 | €2,255/m² | €1,946/m² | €1,892/m² |
| Q3 2009 | €2,295/m² | €1,978/m² | €1,897/m² |
| Q2 2009 | €2,598/m² | €2,033/m² | €1,921/m² |
| Q1 2009 | €2,601/m² | €2,114/m² | €1,958/m² |
| Q4 2008 | €2,594/m² | €2,200/m² | €2,019/m² |
| Q3 2008 | €2,827/m² | €2,278/m² | €2,069/m² |
| Q2 2008 | €2,833/m² | €2,304/m² | €2,096/m² |
| Q1 2008 | €2,705/m² | €2,348/m² | €2,101/m² |
| Q4 2007 | €2,900/m² | €2,314/m² | €2,086/m² |
| Q3 2007 | €2,677/m² | €2,293/m² | €2,061/m² |
| Q2 2007 | €2,805/m² | €2,270/m² | €2,055/m² |
| Q1 2007 | €2,852/m² | €2,255/m² | €2,024/m² |
| Q4 2006 | €2,653/m² | €2,230/m² | €1,991/m² |
| Q3 2006 | €2,599/m² | €2,201/m² | €1,957/m² |
| Q2 2006 | €2,675/m² | €2,184/m² | €1,942/m² |
| Q1 2006 | €2,676/m² | €2,156/m² | €1,888/m² |
| Q4 2005 | €2,619/m² | €2,049/m² | €1,824/m² |
| Q3 2005 | €2,683/m² | €2,003/m² | €1,782/m² |
| Q2 2005 | €2,649/m² | €1,986/m² | €1,753/m² |
| Q1 2005 | €2,526/m² | €1,909/m² | €1,685/m² |
Reports for Marbella
Each report opens the full series and the assumptions behind these figures.
At the average appraised value, a 90 m² home costs €407,547. With 10% down and a 30-year mortgage, the payment is €1,554 a month. Spain sets no cap on the payment; lenders must assess each borrower's solvency.
- Payment, two incomes
- 52%
- Payment, one income
- 104%
Renting a 90 m² home costs less each month than owning it. Owning counts interest, running costs and the return the deposit could earn, at the appraised value; rent is the mean of new leases. Repaying the loan is saving, so it is left out.
- Rent per month
- €1,144
- Owning per month
- €1,442
Figures for Málaga province: Marbella has no reliable figures of its own.
25.1% more homes were licensed for construction in the last 12 months than in an average year of the past decade.
- Licensed, 12 months
- 9,653
Figures for Málaga province: Marbella has no reliable figures of its own.
Buyers living abroad bought 27.5% of the homes sold here in the four quarters to Q2 2026.
- Bought by buyers abroad, 12 months
- 27.5%
Appraised values have fallen by 3% or more 4 times since 2005. The deepest began in Q4 2007.
- Deepest fall
- −34.6%
- Recovery from the low
- 96 months
20.2% of the 100,282 homes counted in the 2021 census stood empty, whether for sale, to let or for other reasons.
- Empty, 2021 census
- 20.2%
- Empty homes
- 20,276
Other municipalities in Málaga province
| Municipality | Appraised value per m² | In a year |
|---|---|---|
| Marbella | €4,528 | +15.6% |
| Benalmádena | €3,783 | +12.8% |
| Torremolinos | €3,758 | +7.9% |
| Fuengirola | €3,758 | +14.8% |
| Estepona | €3,518 | +12.1% |
| Rincón de la Victoria | €3,506 | +14.1% |
| Mijas | €3,365 | +11.6% |
| Málaga | €3,321 | +14.8% |
| Vélez-Málaga | €2,788 | +20.8% |
| Alhaurín de la Torre | €2,753 | +12.5% |
| Ronda | €1,743 | +21.3% |
| Antequera | €1,532 | +14.6% |