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Vélez-Málaga · report

Past price cycles in Vélez-Málaga

Appraised values have fallen by 3% or more once since 2005. That fall began in Q1 2007.

Deepest fall
−54.8%
Recovery from the low
126 months

Prices in Vélez-Málaga and in Spain, indexed

Appraised values, both set to 100 in Q1 2005.

  • Vélez-Málaga
  • Spain
  • 100 = Q1 2005
Show the numbers
PeriodVélez-MálagaSpain
Q2 2026166.2139.7
Q1 2026152.5137.4
Q4 2025144.4132.3
Q3 2025144.9127.8
Q2 2025137.6124.2
Q1 2025129.4120.6
Q4 2024127.4117.0
Q3 2024117.2114.0
Q2 2024120.1112.5
Q1 2024109.2110.7
Q4 2023107.7109.3
Q3 2023101.5107.5
Q2 2023102.9106.4
Q1 2023102.6106.1
Q4 202299.5103.8
Q3 202292.1103.2
Q2 202293.0103.3
Q1 202292.3102.9
Q4 202192.6100.5
Q3 202190.298.6
Q2 202188.697.9
Q1 202184.696.4
Q4 202084.496.3
Q3 202083.696.1
Q2 202086.595.5
Q1 202084.797.3
Q4 201983.998.1
Q3 201986.497.2
Q2 201985.397.2
Q1 201981.797.1
Q4 201880.496.0
Q3 201880.794.3
Q2 201875.494.2
Q1 201875.593.0
Q4 201776.792.5
Q3 201773.591.4
Q2 201770.190.8
Q1 201773.290.5
Q4 201669.789.7
Q3 201667.489.0
Q2 201667.689.4
Q1 201669.088.5
Q4 201566.188.4
Q3 201567.587.6
Q2 201561.687.6
Q1 201564.286.5
Q4 201461.686.8
Q3 201462.386.4
Q2 201464.186.6
Q1 201466.286.6
Q4 201366.387.0
Q3 201369.188.7
Q2 201371.289.2
Q1 201371.190.0
Q4 201281.290.9
Q3 201286.092.9
Q2 201282.695.3
Q1 201293.497.9
Q4 201186.5101.0
Q3 201193.4102.6
Q2 201187.6104.0
Q1 201191.8105.5
Q4 201096.3108.3
Q3 2010100.8108.7
Q2 201098.7109.7
Q1 201098.3110.7
Q4 2009100.0112.3
Q3 200999.7112.5
Q2 2009100.5114.0
Q1 2009108.0116.2
Q4 2008115.5119.8
Q3 2008122.2122.7
Q2 2008130.3124.3
Q1 2008126.7124.7
Q4 2007135.7123.7
Q3 2007127.0122.3
Q2 2007123.4121.9
Q1 2007136.2120.1
Q4 2006119.6118.1
Q3 2006119.5116.1
Q2 2006115.4115.2
Q1 2006118.9112.0
Q4 2005112.9108.2
Q3 2005108.8105.7
Q2 2005110.8104.0
Q1 2005100.0100.0

Every fall of 3% or more

From the peak to the lowest month after it, and how long prices took to get back.

PeakLowFallMonths fallingMonths to recover
Q1 2007Q4 2014−54.8%93126

Spain against the EU since 2015

Eurostat's house price index for all dwellings, 2015 = 100. National figures, comparable across member states.

  • Spain
  • EU
  • 2015 = 100
Show the numbers
PeriodSpainEU
Q2 2026200.6168.6
Q1 2026194.1166.5
Q4 2025187.5164.6
Q3 2025184.1163.5
Q2 2025178.9161.0
Q1 2025172.0158.5
Q4 2024166.1156.2
Q3 2024163.1155.1
Q2 2024158.6152.7
Q1 2024153.2149.8
Q4 2023149.1148.9
Q3 2023150.7149.1
Q2 2023147.0148.2
Q1 2023144.0147.6
Q4 2022143.0148.7
Q3 2022144.2150.9
Q2 2022141.7149.6
Q1 2022139.1146.2
Q4 2021135.6143.2
Q3 2021133.9140.2
Q2 2021131.2136.0
Q1 2021128.1132.1
Q4 2020127.6129.8
Q3 2020128.6128.1
Q2 2020127.0126.3
Q1 2020126.9124.4
Q4 2019125.4122.7
Q3 2019126.3121.5
Q2 2019124.3119.8
Q1 2019122.9117.6
Q4 2018121.0116.8
Q3 2018120.5115.9
Q2 2018117.9114.2
Q1 2018115.0112.3
Q4 2017113.4111.2
Q3 2017112.4110.4
Q2 2017110.4108.8
Q1 2017108.2106.9
Q4 2016105.8106.1
Q3 2016105.4105.4
Q2 2016104.6103.8
Q1 2016102.7102.0
Q4 2015101.3101.1
Q3 2015101.3100.8
Q2 2015100.799.8
Q1 201596.798.3

Appraised values go back to 1995 for Spain, its regions and provinces, and to 2005 for municipalities over 25,000 inhabitants. They are quarterly, so falls are dated by quarter. A fall counts once values drop 3% below a peak, and ends when they are back at it.

Other reports for Vélez-Málaga

At the average appraised value, a 90 m² home costs €250,956. With 10% down and a 30-year mortgage, the payment is €957 a month. Spain sets no cap on the payment; lenders must assess each borrower's solvency.

Payment, two incomes
33%
Payment, one income
67%

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
€722
Owning per month
€888

Figures for Málaga province: Vélez-Málaga 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: Vélez-Málaga 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%

8.2% of the 50,454 homes counted in the 2021 census stood empty, whether for sale, to let or for other reasons.

Empty, 2021 census
8.2%
Empty homes
4,123