Malaga province Property Prices, Rents & Rental Yields

About Malaga province

Malaga province combines Mediterranean coastline, inland mountain scenery, and a long-established urban and resort network. That mix gives the area a broad real-estate appeal, with apartments in locations ranging from city centres to sea-facing neighbourhoods and holiday-oriented coastal enclaves.

September 2026 shows the clearest signal in Malaga province’s apartment market: prices are still moving up, while rental gains are more restrained. The average sale price stands at €420,000, after a 2.4% monthly increase and a 7.7% rise over the past year. At the same time, the average price per square metre is €4,040, confirming that the higher headline level is being carried across the market rather than by isolated stock.

The rental side points to a different pace. Average apartment rent is €1,500, down 3.2% month on month but still 3.4% higher year on year. That means the monthly income picture has softened even as purchase values keep advancing. The current yield of 5.02% captures that tension well: income remains present, but the recent rise in sale prices is narrowing the gap between rent and capital cost. For investors, September’s market note is not about a single dramatic shift, but about a steady price climb meeting a less dynamic rent trend.