Journal · Buying

Apartment or Villa on the Costa del Sol? Prices and Space Compared (2026)

Updated November 2026 · 3 min read · Airus Homes, Marbella

Short answer

Across Marbella, Estepona, Benahavís, Mijas and Istán, the median house or villa for sale asked €1,499,000 for 290 m² in September 2026, and the median apartment or penthouse €595,000 for 117 m². A villa costs about two and a half times as much because it is about two and a half times as big: per square metre the two ask almost the same (€5,206 against €5,267). Town by town that changes. In Mijas and Estepona villas ask less per m² than apartments; in Benahavís they ask about a quarter more.

The figures come from our monthly market report, which analyses the asking prices of the homes for sale in our listings database: 2,798 apartments and 1,975 houses and villas in these five municipalities this month.

01 ·Apartments and villas, town by town

MunicipalityApartmentHouse or villa€ per m², apartment€ per m², villa
Marbella€740,000 · 127 m²€2,045,000 · 323 m²€6,035€6,348
Benahavís€675,000 · 127 m²€3,695,000 · 548 m²€5,267€6,551
Estepona€549,000 · 112 m²€995,000 · 226 m²€4,833€4,539
Mijas€395,000 · 97 m²€897,000 · 240 m²€4,467€3,951

Median asking price and typical size, September 2026. Istán has too few apartments for sale to compare.

02 ·Where a villa is the better buy per metre

In Estepona a villa asks 6% less per square metre than an apartment, and in Mijas 12% less. In Marbella a villa asks 5% more per m² than an apartment, and in Benahavís 24% more: in El Madroñal, a gated estate of large villas, the median home asks more than €8,000 per m².

03 ·The cheapest way into a villa

The median house or villa in Mijas asks €897,000 for 240 m², and in Estepona €995,000 for 226 m². For €157,000 more than the median apartment in Marbella (€740,000 for 127 m²) you get almost twice the space and your own outdoor area. The trade-off is location, so check how far each one is from the beach, shops and schools.

04 ·What changes beyond the price

An apartment suits buyers who will spend part of the year away. You can lock the door and leave, the development usually looks after the pool, gardens and security, and in places like Marbella town or Puerto Banús you can walk to the beach and restaurants. Apartments also make up most of the homes for sale (59% in these five municipalities), so the choice is wider.

A villa gives you privacy, a plot, often a private pool and room for family and guests. You will need a car in most areas, and a garden and pool need regular care when you are not there. Villas are a smaller share of the market and their prices spread much more: 65% of them ask €1 million or more, against 19% of apartments.

05 ·A middle way: townhouses and ground floors with gardens

Between the two there are townhouses and ground-floor apartments with private gardens, common in Nueva Andalucía, La Quinta and Los Arqueros. They give you outdoor space with the services of a development.

06 ·Questions buyers ask

Is a villa or an apartment a better investment in Marbella?

It depends on how you will use it. Apartments are easier to manage from abroad and are most of the market; villas are scarcer. In Marbella both ask a similar price per square metre (€6,035 for apartments and €6,348 for villas in September 2026).

How much is a villa on the Costa del Sol?

Across Marbella, Estepona, Benahavís, Mijas and Istán, the median house or villa for sale asked €1,499,000 for 290 m² in September 2026: from €897,000 in Mijas to €3,695,000 in Benahavís.

Tell us how you want to live and we will shortlist the right homes, apartments or villas, including those that are not advertised. See also Estepona or Marbella? and where to buy in Marbella.

Source: Airus Homes market report, September 2026 (homes for sale in our listings database, Resales Online network). Medians of asking prices; price per m² on built area. Asking prices, not sale prices.

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