Malaga province Property Prices, Rents & Rental Yields

About Malaga province

Malaga province combines a long Mediterranean coastline with inland mountain scenery, historic cities, and a year-round lifestyle that continues to draw attention from property investors. Its apartment market sits at the intersection of coastal appeal, urban depth, and a broad regional footprint.

July 2026 brings the clearest signal: prices are still moving ahead, but the income picture is not rising as quickly. The average sale price for apartments reached €415,000, up 2.0% month on month and 9.2% year on year, while the average price per square metre climbed to €3,950, also up 1.0% over the month and 9.2% over the year. That pace confirms that values continue to firm across the province.

Against that backdrop, rental growth looks steadier but less dynamic. The average rent stayed at €1,600 in July, with no monthly change, although it is still up 6.7% from a year earlier. That leaves the typical yield at 5.19%, a reminder that higher asset values are being met by only moderate rental expansion. For investors, the tension is straightforward: Malaga province remains in a rising-price phase, but the spread between capital growth and rental progress is now the key figure to watch.