Geographic Information
Description of Malaga
The birthplace of none other than Pablo Picasso, Malaga is often referred to as the capital of the Costa del Sol. Indeed, the town's mix of sandy beaches and 300 days of sunshine per year attracts tourists and house hunters from the UK, Europe and around the world. And little wonder: with 3,000 years of history and the kind of year-round climate that’s the envy of everywhere, there’s always a good reason to visit Malaga. Over 10 million airline passengers each year pass through Malaga’s major international airport.
From an investor’s perspective, the overall picture in Spain wasn't the most reassuring during the 2008 recession, but tourist hotspots such as Malaga and the surrounding areas have serious potential for buy-to-let investors looking to make the most of the annual traveller influx. Long-term rent yields are nothing to get excited about – short-term lets on the other hand can be a different story entirely!
Current Property Prices in Malaga
14,827 properties listed for sale in Malaga
1 bed apartments:
400 listed for sale£51,210 to £1,137,994
Average: £180,858
2 bed apartments:
21 listed for sale£85,787 to £349,277
Average: £148,272
2 bed apartments:
2455 listed for sale£42,499 to £2,092,158
Average: £315,286
3 bed apartments:
1 listed for sale£122,549 to £122,549
Average: £122,549
3 bed apartments:
2061 listed for sale£29,325 to £10,326,425
Average: £588,021
4 bed apartments:
436 listed for sale£56,900 to £9,629,180
Average: £1,032,937
2 bed houses:
538 listed for sale£19,258 to £2,334,670
Average: £301,408
3 bed houses:
1686 listed for sale£4,380 to £8,705,625
Average: £548,547
4 bed houses:
1755 listed for sale£43,769 to £12,605,472
Average: £1,223,044
5 bed houses:
1391 listed for sale£7,003 to £15,265,150
Average: £2,180,793
6 bed houses:
732 listed for sale£15,757 to £22,448,750
Average: £3,221,259
Studios:
4 listed for sale£73,532 to £140,936
Average: £107,234