Costa del Sol · Málaga
Málaga, the capital that connects the Costa del Sol to the world
A lively port city with a historic centre, museums, an international airport on its doorstep, and a housing market that has grown considerably in recent years thanks to an influx of international buyers and remote workers.
Location and character
Where Málaga is and what makes it special
Málaga is the provincial capital and lies at the eastern end of the Costa del Sol, with the international airport just a few kilometres from the centre. From Málaga you can reach both the coast toward Marbella and the mountains of Andalusia within an hour.
What life is like here
City life with the beach around the corner
Málaga has undergone a striking transformation in recent years: the historic centre has been renovated, dozens of museums have opened (including the Picasso Museum), and neighbourhoods like Soho have grown into creative hotspots.
Unlike the more touristy coastal towns further along, Málaga functions as a fully fledged city: universities, offices, and a growing tech sector bring a diverse, international crowd, from students to digital nomads and retirees.
The city beach is within walking distance of the centre, and the coastal towns to the west of the city are quickly reachable by train or car.
Culture and tradition
Alongside the modern port and shopping streets, Málaga carries a rich bullfighting tradition and a skyline where sea and city meet.
The property market
What you'll find for your budget
Apartments in the historic centre
Renovated apartments in characterful buildings, within walking distance of museums, restaurants, and the harbour.
Modern neighbourhoods and suburbs
New build and more modern apartments in neighbourhoods such as El Limonar and Pedregalejo, closer to the beach and quieter than the centre.
Who it suits
Buyers who value city life, culture, and good connectivity over a classic beach resort, or who are investing in the growing rental market.
Investment perspective
Málaga in numbers
+18%
Average value growth per year
30%+
International buyers
€3,400
Average price per m²
300+
Sunny days per year
Indicative figures for 2025, based on market reports and Nexo Estates' own transactions. No guarantee of future value development.
Popular areas
Popular areas in Málaga
Málaga consists of several distinct areas, each with its own character and type of property. Below are some of the most sought-after locations within the region:
Centro Histórico
The historic heart of the city, with the cathedral, museums, and a dense concentration of restaurants and shops.
Soho
A creative neighbourhood near the harbour, known for street art, galleries, and a young, international atmosphere.
El Limonar and Pedregalejo
Quieter, leafy neighbourhoods east of the centre, close to the beach and popular with families and long-term residents.
Choose your region
Guides per region on the Costa del Sol
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