The average price per square metre in Marbella reached €5,162 in May 2025, marking a new all-time high. This represents a monthly increase of 0.5%, a quarterly rise of 1.8%, and a significant year-on-year jump of 9.8% compared to May 2024, according to the latest figures from idealista.
Marbella homes cost over twice the national average
While the average price in Spain stands at €2,391/m², Marbella exceeds this by more than double. However, the national year-on-year increase was 12.8%, compared to 9.8% in Marbella – signalling a slight slowdown in local price growth relative to the national trend.
Where are the most and least expensive areas to buy a home in Marbella?
Most expensive areas
- Nagüeles – Golden Mile: €6,422/m² (+4.6% year-on-year)
- Nueva Andalucía: €5,578/m² (+6.1% year-on-year)
- Las Chapas – El Rosario: €5,410/m² (+14.1% year-on-year)
More affordable areas
- Elviria – Cabopino: €4,375/m² (+22.4% year-on-year)
- Marbella Pueblo: €4,390/m² (+9.0% year-on-year)
- San Pedro de Alcántara: €4,502/m² (+13.9% year-on-year)
Housing prices in Marbella
- New all-time high: €5,162/m², the highest ever recorded.
- Elviria-Cabopino is the cheapest area, but it leads the increases: +22.4% annually.
- Nagüeles-Milla de Oro is the most expensive area and keeps rising, with an annual increase of +4.6%.
- All the areas analysed are at historic highs, except for Nagüeles, which reached record highs last April.
- Marbella’s average property price is nearly three times higher than in provinces such as Valencia or Zaragoza.
See the full report
Interested in exploring the data for each neighbourhood in Marbella? You can access idealista's full report with all the latest figures and insights.
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