
Renovated apartment for sale in Plaza de Uncibay – Historic Centre of Málaga
Location:Málaga
375.000 €
Per-area market data from the SolProp Costa del Sol Price Index: average price per m², year-on-year change, yield and a breakdown by property type. Estimated figures, not official transactions.
As of Q3 2026, the estimated average price in Málaga Ciudad (Málaga) is €3,790/m² (+10.1% year-on-year) — SolProp Costa del Sol Price Index.
Source: SolProp Costa del Sol Price Index · own estimate · Q3 2026
3,790
€/m² (est.)
+10.1%
Year-on-year change
6.5%
Gross yield
368,000 €
Average price (est.)
2,150
Transactions (est.)
2,900
Supply (est.)
Estimate · Q3 2026 · SolProp Costa del Sol Price Index
Málaga is not just another coastal town: it is a city of over half a million people with a port, a university, hospitals and a historic centre that has become one of southern Europe's cultural destinations. Museums, an international airport and high-speed rail to Madrid in under three hours.
As a property market it is the largest and deepest in the province, and also the most varied: a flat in Soho or the historic centre has nothing in common with one in Teatinos, Carretera de Cádiz or El Palo. Each district runs on its own logic of price and demand.
Worth knowing
It carries more simultaneous supply than anywhere else on the coast, which means more competition between sellers. The city average is also of limited use: differences between districts are enormous and a serious valuation has to go down to street level.
At €3,790/m², Málaga Ciudad ranks 4 of 12 markets we track by price — 2.9% below the coastal average of €3,903/m².
It absorbs 74% of its listings in a year, which is 16.2 months of inventory against a coastal average of 14.1 — the 12th fastest of the 12.
On gross rental yield it comes 4th of 12.
Estimate · Q3 2026 · SolProp Costa del Sol Price Index
Estimate · Q3 2026 · SolProp Costa del Sol Price Index
| Type | No. (est.) | Average price (est.) | Average surface |
|---|---|---|---|
| Apartment | 2,386 | 336,000 € | 85 m² |
| Penthouse | 256 | 505,000 € | 110 m² |
| Townhouse | 170 | 457,000 € | 140 m² |
| Villa | 64 | 782,000 € | 250 m² |
| Plot | 24 | 217,000 € | 400 m² |
Modelled monthly trend over 12 months: from €3,442/m² (June 2025) to €3,790/m² (June 2026). An estimate, not a count of recorded deals.
1 available property
As of Q3 2026, the estimated average price in Málaga Ciudad (Málaga) is €3,790/m², a +10.1% year-on-year change. Figure from the SolProp Costa del Sol Price Index (SolProp estimate, not official transactions).
The estimated gross rental yield in Málaga Ciudad is around 6.5% per year (Q3 2026, SolProp Costa del Sol Price Index). It is a gross figure before community fees, IBI, taxes and vacancy.
The estimated average property price in Málaga Ciudad is €368,000, for an average built surface of about 94 m² — mostly apartments, whose own average sits at €336,000 and 85 m² (Q3 2026, SolProp Costa del Sol Price Index). These are SolProp estimates, not official Cadastre or Land Registry transactions.
It depends on the goal. The historic centre and Soho are the most expensive and most liquid, with holiday-let demand; Teatinos is the expansion area with newer housing and a family profile; El Palo and Pedregalejo offer beach and neighbourhood life at mid-range prices.
If you want a year-round city with services and public transport, yes: Málaga offers something no coastal town does. If you want beach on foot, a gated urbanisation with a pool and an international atmosphere, the western coast does that better and with far more of that kind of stock.