Marbella sets the price
In Marbella 49% of homes ask a million or more, against 27% in Estepona. The Golden Mile is still the reference for the whole coast. If budget matters more than the address, the same money goes further a few kilometres west.
Market report · October 2026
Every month we analyse the asking prices of every home for sale in our listings database (properties shared by agencies across the coast through the Resales Online multi-agency network), focused on where we work: Marbella, Estepona, Benahavís, Mijas and Istán. This is the October 2026 snapshot: 4,774 homes in these municipalities, out of 6,726 across the Costa del Sol.
Figures for Marbella, Estepona, Benahavís, Mijas and Istán. Whole Costa del Sol: 6,726 homes, median €695,000.
In Marbella 49% of homes ask a million or more, against 27% in Estepona. The Golden Mile is still the reference for the whole coast. If budget matters more than the address, the same money goes further a few kilometres west.
For the same money Estepona buys around 29% more home than Marbella, and it is where most of the new development on the coast is. It suits buyers who want a bigger, modern home near the sea and are happy to be twenty minutes from Puerto Banús.
In Benahavís 43% of what is for sale is houses and villas, mostly in gated estates among the golf courses, and the typical home has 175 m². Buyers here are not paying to be close to everything, but for space, privacy and views.
Without leaving the municipality, Altos de los Monteros asks around 44% less per square metre than the Golden Mile. For many families who live here all year it is the best balance of price, beach and everyday services.
Square metres built that a million euros buys at each area's median asking price.
€6,136 / m²
The widest choice, from town-centre apartments to Golden Mile villas, with life all year round.
1 bed €387,500 · 2 bed €595,000 · 3 bed €892,500 · 4 bed €1,785,000 · 5+ bed €3,500,000
€4,747 / m²
More home for the money and most of the new developments, especially on the New Golden Mile.
1 bed €283,000 · 2 bed €489,500 · 3 bed €695,000 · 4 bed €1,120,000 · 5+ bed €1,950,000
€5,633 / m²
Gated estates, golf and views: mostly villas and large apartments.
1 bed €270,000 · 2 bed €549,000 · 3 bed €780,000 · 4 bed €1,795,000 · 5+ bed €4,827,500
€4,286 / m²
Family homes, good value and the airport half an hour away.
1 bed €285,000 · 2 bed €375,000 · 3 bed €575,000 · 4 bed €944,500 · 5+ bed €1,495,000
€5,739 / m²
A mountain village above Marbella, for space and quiet.
4 bed €1,550,000
| Area | Homes | Median price | € / m² |
|---|---|---|---|
| Golden MileMarbella | 166 | €1,960,000 | €8,016 |
| Sierra BlancaMarbella | 42 | €3,000,000 | €8,011 |
| Puerto BanúsMarbella | 154 | €1,045,000 | €7,606 |
| New Golden MileEstepona | 72 | €995,000 | €6,437 |
| La QuintaBenahavís | 105 | €1,195,000 | €6,383 |
| Los FlamingosBenahavís | 48 | €1,122,500 | €6,339 |
| NagüelesMarbella | 41 | €1,195,000 | €6,180 |
| Nueva AndalucíaMarbella | 484 | €872,000 | €5,984 |
| Marbella (town and other) | 422 | €892,500 | €5,865 |
| ElviriaMarbella | 145 | €785,000 | €5,598 |
| Benahavís | 318 | €897,000 | €5,337 |
| San Pedro de AlcántaraMarbella | 111 | €820,000 | €5,256 |
| La Cala de MijasMijas | 128 | €597,000 | €5,117 |
| AtalayaEstepona | 80 | €795,000 | €4,829 |
| Estepona | 810 | €640,000 | €4,742 |
| Los ArquerosBenahavís | 58 | €567,500 | €4,703 |
| El ChaparralMijas | 44 | €595,000 | €4,659 |
| Guadalmina AltaMarbella | 53 | €1,200,000 | €4,518 |
| CanceladaEstepona | 49 | €589,000 | €4,508 |
| Altos de los MonterosMarbella | 41 | €695,000 | €4,504 |
| CalahondaMijas | 157 | €445,400 | €4,500 |
| El ParaisoEstepona | 101 | €756,000 | €4,495 |
| SelwoEstepona | 58 | €544,500 | €4,353 |
| La Cala GolfMijas | 48 | €695,000 | €4,338 |
| Riviera del SolMijas | 137 | €429,000 | €4,097 |
| Mijas | 174 | €735,000 | €3,894 |
| Mijas CostaMijas | 83 | €549,000 | €3,876 |
| Mijas GolfMijas | 62 | €422,500 | €3,530 |
Areas in Marbella, Estepona, Benahavís, Mijas and Istán with at least 40 homes for sale, ranked by median asking price per square metre built.
| Bedrooms | Homes | Median price | Median size |
|---|---|---|---|
| 1 | 170 | €304,500 | 60 m² |
| 2 | 1,310 | €496,250 | 101 m² |
| 3 | 1,705 | €750,000 | 145 m² |
| 4 | 763 | €1,400,000 | 247 m² |
| 5+ | 794 | €2,995,000 | 500 m² |
| Municipality | Homes | Median price | € / m² |
|---|---|---|---|
| Fuengirola | 499 | €549,000 | €5,286 |
| Benalmádena | 335 | €595,000 | €4,534 |
| Manilva | 273 | €360,000 | €3,425 |
| Málaga | 229 | €585,000 | €4,853 |
| Casares | 212 | €455,000 | €3,345 |
| Sotogrande & San Roque | 179 | €1,499,999 | €4,296 |
| Ojén | 109 | €749,000 | €4,268 |
| Torremolinos | 108 | €510,000 | €4,119 |
In October 2026 the median asking price of a home for sale in Marbella was €995,000, or €6,136 per square metre built, across 2,005 listings. Prices vary widely by area: from family apartments in San Pedro and Las Chapas to villas on the Golden Mile and in Sierra Blanca.
Yes. In October 2026 Estepona asked a median €4,747 per m², against €6,136 in Marbella. The gap is widest against central Marbella and the Golden Mile; on Estepona's New Golden Mile prices come closer to Marbella's.
Measured by median asking price per square metre, Golden Mile (Marbella) led in October 2026 at €8,016 per m². The full ranking is in the table above.
They are asking prices of homes currently listed for sale. Final sale prices are usually somewhat lower and are only published by the notaries and the land registry with a delay of several months. Asking prices are the earliest signal of where the market is going.
Monthly. Each update keeps the previous months, so changes in stock and prices can be followed over time.
Thinking of buying or selling? We can tell you what these numbers mean for a specific home, street or development in Marbella, Estepona or Benahavís.
Snapshot of all homes for sale in the Airus Homes listings database (properties shared through the Resales Online multi-agency network, as published on airushomes.com) in October 2026 (6,726 listings on the Costa del Sol). The headline figures cover Marbella, Estepona, Benahavís, Mijas and Istán, the municipalities where we work. Medians rather than averages are used so that a few very large villas do not distort the figures. Price per m² uses the built area of each listing; listings without a built area, or with implausible values, are left out of that figure. Areas follow the location given on each listing; municipalities group those areas. Plots, commercial property and rentals are not included. You may quote these figures citing “Airus Homes market report, October 2026” with a link to this page.
