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Housing prices in Malaga lead the increase in Andalusia

The province reaches 2,988 euros per square meter after a 14.2% year-on-year increase in 2026.

Generic image of modern residential buildings in a Mediterranean city.
IA

Generic image of modern residential buildings in a Mediterranean city.

The province of Malaga has consolidated its position as the most expensive real estate market in Andalusia, recording an average price of 2,988 euros per square meter during the first quarter of 2026.

According to data from the Ministry of Housing and Urban Agenda, this value places the region in fifth place nationwide, only behind Madrid, Baleares, Guipúzcoa, and Barcelona. The 14.2% year-on-year increase reflects one of the sharpest rises in the country, significantly exceeding the national average.
The gap with the rest of the autonomous community is notable. While Malaga is the only Andalusian province to exceed the 2,000 euro per square meter threshold, other areas remain in a significantly lower range, between 1,400 and 1,800 euros. At the opposite end, Jaen stands as the most affordable province, with an average of 898.2 euros.
Ministry experts attribute this escalation to pressure in large urban centers and tourist areas, where supply is insufficient to meet demand. Factors such as foreign investment, the rise of residential tourism, and the growth of the technology sector in the capital have intensified market tension.
This situation directly impacts residents' purchasing power, with the financial effort required for mortgages exceeding 35% of family income. Given this scenario, the Junta de Andalucía is working on mobilizing public land for protected housing, seeking to mitigate difficulties in accessing first-time homes.