How did the property market in Málaga province – home to the Costa del Sol – perform in the first half of 2024? Discover key insights in these charts, offering a snapshot of key market metrics.

Home sales in Malaga province decreased by 7pc to 16,300 (source: INE), as shown in the chart above. Despite the drop, this was the third-highest sales level of the past decade, and 10pc above the ten-year average.

The average price of property sold in Malaga province during H1 increased by 9pc to €283,387 (source: Registrars) topping off almost ten consecutive years of growth (chart above). 2017 was the last year in which house prices actually fell in Málaga province during the first half.

Over ten years home sales have increased by 44pc, and house prices by 74pc, compared to the first half of 2015 (chart above).

The number of new housing starts increased by 25pc to 4,870, 61pc above the ten-year average (chart above).

These figures underscore Málaga’s resilience and appeal as a real estate hotspot, even amid fluctuations. Rising property values, increased new housing starts, and a solid performance against historical averages highlight continued confidence in the region’s market. As Málaga remains a desirable destination, these trends suggest a reassuring outlook for both investors and buyers drawn to its growth potential and lifestyle appeal.