Malaga Property Prices, Rents & Rental Yields

About Malaga

Málaga sits on Spain’s Mediterranean coast, combining a historic city centre, working port, seafront neighbourhoods and beaches. For apartment investors, that geography is a useful reminder that a citywide average spans different settings rather than one uniform address.

In October 2026, the clearest signal for Málaga apartments is a monthly rental dip set against a positive annual comparison. Average rent is down 3.6% month over month but up 3.8% year over year. The two readings are not contradictory: they measure different periods, and together they suggest caution about treating one weaker month as the whole story. The recent decline still matters when assessing rental income today, even if the annual figure remains higher.

Sale prices moved less sharply. The average sale price is down 0.3% month over month, so the latest rent and sale-price changes are not moving at the same pace. That is the central tension for an investor weighing current income against the cost of entry. It does not prove that returns have changed by the same amount, or that either movement will continue. It makes fresh rent assumptions especially relevant when comparing apartments.

The stated yield is 5.07%, a broad reference point rather than a guaranteed outcome for any apartment. Achievable rent and property-level costs still need checking. These citywide figures frame a short-term rental dip without erasing the positive year-over-year rental comparison.