Costa del Sol Property Prices Climb 6.6 Percent Latest market data reveals Costa del Sol apartment values averaging €4,053 per square metre, driven by international transactions. Prices Keep Climbing Along the Coast Buyers hunting for a flat along the Costa del Sol are digging deeper into their pockets than they were twelve months ago. Newly compiled market data puts the average cost of a coastal apartment at €4,053 per square metre as the region heads into late September 2026, a rise of 6.68% on the same point last year. For a modest two-bedroom flat of around 80 square metres, that annual increase alone adds tens of thousands of euros to the asking price compared with 2025. The figures confirm what estate agents from Málaga to Estepona have been saying for months: demand has not cooled, even as mortgage rates and construction costs remain stubbornly high elsewhere in Europe. International buyers, particularly from northern Europe and Scandinavia, continue to treat the coast as a safe long-term investment rather than a speculative punt, and that appetite is keeping upward pressure on prices even where new supply has increased. Villas Track a Similar Curve Apartments are not the only property type setting fresh benchmarks. Detached houses along the coastal strip have climbed to an average of €3,560 per square metre, up 6.55% year-on-year — a growth rate almost identical to that of flats, suggesting the whole market is moving in lockstep rather than one segment dragging the other along. Agents report that modern, turnkey villas are the properties generating the most competitive interest, especially in the western municipalities stretching towards Estepona and Benahavís. Buyers increasingly want a property they can move into or rent out immediately, rather than take on a renovation project, and that preference is pushing up prices on newer stock while older, unmodernised villas lag behind in the same postcodes. Inland Towns Feel the Ripple Effect The pressure is not confined to the beachfront. Townships just inland from the central coast are recording similar movement as buyers priced out of Marbella or Fuengirola's seafront look for value nearby. In Mijas, average purchase values for detached homes now sit around €3,565 per square metre, almost matching the coastal average for houses. Neighbouring Las Lagunas, traditionally seen as a more affordable satellite town, is recording €3,475 per square metre — a sign that the gap between prime and secondary locations is narrowing. For residents who bought a decade ago, this is welcome news on paper, with equity values rising steadily. For first-time buyers and younger local families, though, it means the search for an affordable home is increasingly pushing further from the coast, into towns that were once considered budget alternatives but are now catching up fast. New-Build Developments Draw the Big Money The sharpest growth is concentrated in energy-efficient off-plan developments and newly built residential projects, which continue to command premium prices even before a single owner has moved in. Buyers with larger budgets are increasingly bypassing the resale market altogether, preferring to lock in modern specifications, lower running costs and sea views on developments still under construction. Specialist agencies such as Marbella New Homes have positioned themselves to serve exactly this segment, helping international purchasers secure contemporary villas and apartments ahead of completion. For overseas buyers unfamiliar with Spanish off-plan purchasing rules — including staged payments and bank guarantees on deposits — working with an established local agency has become less a convenience than a practical necessity. What Comes Next for the Market Industry analysts are careful to note that the pace of growth has settled compared with the sharper spikes recorded in previous years, even if the annual figures remain robust. That normalisation is arguably healthier for the market than another year of double-digit surges, reducing the risk of a sudden correction while still rewarding existing owners. What is unlikely to change soon is the underlying supply shortage. Buildable land along the coast is finite, planning approvals move slowly, and demand from relocating Europeans shows no sign of easing. Analysts expect that combination — tight supply and steady inward migration — to keep floor prices well supported through the final quarter of the year, with the next round of data likely to confirm whether the current pace holds into 2027 or begins to taper further.