Rising demand for high-end homes and record-breaking new developments are transforming Málaga into Spain’s luxury real estate capital.
Málaga now leads the country in premium property sales, with 30% of all Spanish homes priced over €2.5 million found here. This puts the city ahead of renowned destinations like Mallorca, Madrid and Barcelona. According to a recent report, the luxury segment now makes up 10% of Málaga’s real estate market, featuring prestigious developments such as Térmica Beach and Sierra Blanca Towers.
A key factor is the city’s growing international appeal. Foreign buyers account for 32.35% of all property transactions in Málaga - one of the highest rates in Spain. European and North American buyers, in particular, are drawn to the city’s unbeatable lifestyle and luxury living options.
Despite leading the luxury segment, Málaga ranks fifth nationwide in total property transactions. However, when it comes to new-build sales, Málaga shines in third place with a huge 63.2% increase year-on-year.
With strong demand, international appeal, and luxury developments on the rise, Málaga is cementing itself as the ultimate destination for high-end property investment in Spain.
Learn more about our new developments for sale in Málaga here.