Estepona Property Prices, Rents & Rental Yields

About Estepona

Estepona, on the Costa del Sol in Malaga province, blends a long seafront, a compact historic core, and a growing residential landscape. For apartment investors, it sits at the intersection of lifestyle appeal and a market that continues to reprice steadily along the coast.

July 2026 shows the clearest signal yet: apartment values are still moving higher, but the rental line is holding flat. The average sale price now stands at €533,000, with the average price at €4,440 per m2, both up 3.5% month on month. That means buyers are paying more for the same asset class in a market that is still adjusting upward, while rents remain unchanged at €2,500.

The annual picture reinforces that tension. Sale prices are up 14.2% year on year, and the average price per m2 is up 11.4%, yet the rental figure has not moved over the same period. With a yield of 5.8%, Estepona still offers a measurable income return, but the spread between capital growth and flat rent growth suggests investor economics are being shaped more by price appreciation than by rental uplift alone. For apartments, July’s tone is one of firm values and restrained rental momentum.