Marbella Property Prices, Rents & Rental Yields

About Marbella

Marbella, in Malaga province, blends Mediterranean beaches, a refined coastal setting, and year-round lifestyle appeal. Its apartment market sits within one of southern Spain’s best-known urban resort destinations, where sea views, walkability, and established neighborhoods continue to shape value.

July 2026 points to a clear tension: apartment prices are still climbing, while rental momentum has softened. The average sale price reached €630,000, up 2.4% month on month and 7.7% year on year, while the average price per square metre rose to €5,210, up 3.3% over the month and 10.4% over the year. That suggests continued upward pressure in transaction values, even as income growth does not keep pace.

Against that backdrop, the average rent sits at €2,500, down 3.8% from the previous month and unchanged year on year. For investors, that leaves a 5.1% yield as the key figure to watch: respectable on paper, but one that is being tested by faster capital growth than rental growth. In practical terms, the market is still pricing Marbella apartments higher, yet the rental side is not expanding at the same speed. That gap is the central story this month, and it is likely to remain important for anyone assessing entry pricing or return expectations in Marbella.