Prices and market index in Nerja
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.
What does the price index show for Nerja?
As of Q3 2026, the estimated average price in Nerja is €3,915/m² (+9.3% year-on-year) — SolProp Costa del Sol Price Index.
Source: SolProp Costa del Sol Price Index · own estimate · Q3 2026
3,915
€/m² (est.)
+9.3%
Year-on-year change
6.2%
Gross yield
394,000 €
Average price (est.)
480
Transactions (est.)
520
Supply (est.)
Estimate · Q3 2026 · SolProp Costa del Sol Price Index
What Nerja is like
Nerja sits in the Axarquía, east of Málaga, and belongs to a different coast: the Costa del Sol Oriental, with cliffs, small coves and the Almijara sierra dropping almost into the sea. It is a different landscape from the western coast, far less built up vertically, with the white village still recognisable.
The Balcón de Europa is its symbolic centre and the prehistoric caves its main draw. It has a long-settled foreign community, mainly British and northern European, and a steadier, less speculative market than the western coast.
What defines the area
- Balcón de Europa, a viewpoint over the Mediterranean in the middle of town
- The Nerja Caves, one of the most visited prehistoric sites in Spain
- Coves such as Maro, Burriana and Calahonda, along a cliff coastline
- Sierra de Almijara and the Maro-Cerro Gordo natural area
Worth knowing
It is far: around an hour from Málaga airport via the A-7, with no rail link. That distance filters out the weekend buyer and makes the market depend more on long stays and permanent residents.
How Nerja compares with the rest of the coast
At €3,915/m², Nerja ranks 3 of 12 markets we track by price — 0.3% above the coastal average of €3,903/m².
It absorbs 92% of its listings in a year, which is 13 months of inventory against a coastal average of 14.1 — the 5th fastest of the 12.
On gross rental yield it comes 6th of 12.
Estimate · Q3 2026 · SolProp Costa del Sol Price Index
Areas at similar prices
Estimated prices by property type — Nerja
Estimate · Q3 2026 · SolProp Costa del Sol Price Index
| Type | No. (est.) | Average price (est.) | Average surface |
|---|---|---|---|
| Apartment | 384 | 345,000 € | 82 m² |
| Penthouse | 50 | 505,000 € | 100 m² |
| Townhouse | 37 | 464,000 € | 130 m² |
| Villa | 37 | 689,000 € | 200 m² |
| Plot | 12 | 253,000 € | 500 m² |
Modelled monthly trend over 12 months: from €3,582/m² (June 2025) to €3,915/m² (June 2026). An estimate, not a count of recorded deals.
No properties are listed in this area right now. Check the interactive map or contact us.
Browse all propertiesFrequently asked questions
What is the price per m² in Nerja?
As of Q3 2026, the estimated average price in Nerja is €3,915/m², a +9.3% year-on-year change. Figure from the SolProp Costa del Sol Price Index (SolProp estimate, not official transactions).
What rental yield does Nerja offer?
The estimated gross rental yield in Nerja is around 6.2% per year (Q3 2026, SolProp Costa del Sol Price Index). It is a gross figure before community fees, IBI, taxes and vacancy.
How much does a property cost in Nerja?
The estimated average property price in Nerja is €394,000, for an average built surface of about 96 m² — mostly apartments, whose own average sits at €345,000 and 82 m² (Q3 2026, SolProp Costa del Sol Price Index). These are SolProp estimates, not official Cadastre or Land Registry transactions.
Is Nerja on the Costa del Sol?
Yes, but on the eastern Costa del Sol, the Axarquía, east of Málaga city rather than the western strip of Marbella and Fuengirola. It is a coastline of cliffs and coves, with less high-rise development and a property market that follows its own logic.
Is there a train to Nerja?
No. The Málaga commuter line only covers the western coast as far as Fuengirola. Nerja is reached by car or bus along the A-7, roughly an hour from the airport.