The Costa del Sol is a 150-kilometer stretch of coastline in the province of Málaga in Andalusia. It is often called the "Coast of the Sun" due to its exceptionally sunny weather, which lasts over 300 days a year. The region stretches from Nerja in the east to Manilva in the west and includes both beaches and the Sierra Nevada mountains.

The Benefits of Buying Real Estate on the Costa del Sol

Real estate in Costa del Sol is conveniently located in a region with a mild climate. Average annual temperatures are 20°C, humidity is 60–70%, and the air is clean thanks to the mountain ranges and sea breezes.

Other benefits of buying a home in the Costa del Sol:

Investment attractiveness. In 2024, property prices increased by 8.2%, and rental yields reached 6-8% per year in areas like Marbella.
Elite real estate. 70 golf courses (more than any other region in Europe), the marinas of Puerto Banús and Sotogrande, and festivals such as Starlite in Marbella.
Accessibility for foreigners. The purchase does not require residency. The process takes 1–2 months, including obtaining the NIE.

Real Estate Prices in the Costa del Sol

The average price per square meter is €2,800–4,260, with growth of 7.5–13%. Resale properties on the Costa del Sol remain in demand due to the completion of properties and prices 10–20% lower than new builds.

Average cost of housing in Costa del Sol:

Type of housing	Average price per m² (Euro)	Total cost (Euro)
Apartments	2200–3600	180,000–500,000
Townhouses	2500–4000	300,000–600,000
Villas	3000–4500+	750,000–10,000,000+
Commercial real estate	2500–5000	500,000–5,000,000

Popular Areas of the Costa del Sol for Buying a Home

Marbella is the heart of the region with a yacht harbor and Chanel boutiques. Property for sale in Marbella is popular due to its premium status. The average price is 4,000 euros/m².

Other popular regions:

Estepona. It's also known as the "Garden of the Costa del Sol" because its streets are adorned with flower beds. Apartment prices start at €200,000, and villas at €600,000.
Fuengirola. A family resort with 8 km of beaches, the Bioparc zoo, and a water park. Apartments start at €180,000, and townhouses start at €300,000.
Benalmadena. A dynamically developing area with some of the cleanest beaches. Prices start at €230,000 for apartments.
Mijas. A mountain village with panoramic sea views. Apartments from €250,000, villas from €700,000.

Frequently Asked Questions about Real Estate for Sale on the Costa del Sol

Are property prices falling on the Costa del Sol?

Prices in the Costa del Sol are rising: 8.2% in 2024 and 5-7% expected in 2025 due to a shortage of new builds and demand from foreigners (35% of transactions). The resale market is growing more slowly but steadily (4-6% per year).

Is buying property on the Costa del Sol a good investment?

Buying local property can be a profitable investment, with rental yields of 6-8% per annum and rising prices providing capital appreciation.

Where is the best place to live in Costa del Sol?

Marbella is ideal for luxury, while Fuengirola or Benalmádena are better for families, as they have plenty of schools and parks. Those looking for a quieter, more permanent place to live should consider Estepona or Mijas.

How much does property cost in Costa del Sol?

You can buy a home starting from €180,000 for a resale property in Fuengirola on the Costa del Sol. A new villa in Marbella will cost €10 million. The average price per square meter is €2,800–4,500.

Can a foreigner buy property in Costa del Sol, Spain?

Foreigners can easily purchase property on the Costa del Sol. The process involves obtaining an NIE (1-2 weeks), opening a bank account (e.g., Banco Santander), and signing a contract with a notary. Mortgages are available for up to 70% of the purchase price for non-residents, and the transaction can be completed remotely using a power of attorney.

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