Malaga: Leading In The Increase Of Price In Luxury Homes.

Malaga, located on the Costa del Sol, is known for its warm climate, beaches, and tourist attractions. However, it is also a very attractive place for those looking for a luxury home. According to a report by the real estate platform Idealista, Malaga is the second Spanish province with the most expensive villas, after the Balearic Islands.

The average price of a single-family home in Malaga is nearly 5,000 euros per square meter, while the average price of a luxury apartment is 6,700 euros per square meter.

The case of Malaga is especially striking because the cost of luxury homes has increased by 11.3% in just twelve months, compared to the national average increase of 6%. This increase has occurred in areas such as Marbella, Istán, Benahavís, Estepona, and even some places in Malaga capital.

While luxury home prices in Malaga are high, the province is still more affordable than other places like Palma de Mallorca or San Sebastian, where prices can exceed 8,000 euros per square meter.

If you are looking for a luxury home in Malaga, you should know that prices vary depending on the location and characteristics of the property. In general, the most exclusive places tend to be the most expensive. However, if you cannot afford to spend that much money, there are more affordable options in other parts of Spain, such as Asturias, Valencia, La Coruña, and Seville.

In conclusion, the province of Malaga remains a very attractive place for those looking for a luxury home. While prices are high, the real estate market is still booming and is expected to continue growing in the coming years. If you are interested in investing in a luxury property in Malaga, it is recommended to seek professional advice and compare different options before making a decision.