According to Idealista data for September 2026, the average asking price of homes in Málaga reached €3,969/m², setting a new record. Prices were up 4.1% year on year, 1.3% over the quarter and 0.8% month on month.
By comparison, the average asking price across Spain was €2,930/m². This was 11.8% higher than a year earlier, 0.5% above the June figure and 0.2% higher than in August. Annual price growth in Málaga was therefore noticeably slower than the national average.
Málaga’s most expensive districts
Este remains the city’s most expensive district. In September, the average asking price there reached €5,070/m², up 3.3% year on year.
Other districts among the most expensive were:
- Centro – €4,592/m², up 4.5% year on year;
- Carretera de Cádiz – €4,258/m², up 9.8%;
- Teatinos – €3,987/m², up 5.4%.
Where homes are more affordable
The lowest average asking price was recorded in Campanillas, at €2,184/m². The figure was down 11.4% year on year.
Other districts with relatively lower prices include:
- Ciudad Jardín – €2,719/m², up 12.6% year on year;
- Puerto de la Torre – €2,777/m², up 6.4%;
- Churriana – €2,942/m², up 1.1%;
- Martiricos-La Roca – €2,957/m², down 5.2%.
The gap between the most expensive district, Este, and the most affordable, Campanillas, is €2,886 per square metre.
How the figure is calculated
Idealista’s index tracks asking prices in property listings, not the prices paid in completed sales. The portal updated its methodology for calculating the index in July 2026.
