Where to Invest on the Costa del Sol

As we do every year, we’re here to provide you with the latest updates on the real estate scene along the Costa del Sol. Here’s a concise overview of the developments in 2025 and a glimpse into what we can anticipate for 2026.

In 2025, the Costa del Sol property market delivered one of its strongest performances on record. Prices reached historic highs across the board, with the Málaga province average hitting €3,842/m², up 13.8% year-on-year, while Spain as a whole recorded 705,357 property transactions, the highest figure since 2007.

Far from being derailed by the abolition of Spain’s Golden Visa programme in April 2025, international demand held firm. Foreign buyers accounted for 32.8% of all purchases in Málaga province for the full year, the highest share of any province in Spain, driven by lifestyle-motivated buyers from the UK, Germany, Scandinavia, and a growing wave of American and Middle Eastern clients.

Cash purchases continued to dominate, with 40 to 45% of transactions in Málaga province completed without a mortgage, confirming the exceptional purchasing power of the buyer profile on the Costa del Sol and shielding the market from interest rate volatility.

Receive our latest 2026 property market overview report covering key Costa del Sol locations and find out where to invest in 2027.