Marbella property prices, November 2026: market report

01 ·Compared with October

• Homes for sale: 4,380 (6,726 the month before)
• Median asking price: €499,000 (−28.2%)
• Median price per m²: €4,398 (−11.4%)
• Marbella, price per m²: €5,000 (−18.5%)

02 ·Asking prices by municipality

03 ·The most expensive areas per square metre

Ranked by median asking price per m² built, among areas with at least 40 homes for sale:

1. Puerto Banús (Marbella): €6,154 per m², median price €690,000
2. Fuengirola (): €5,212 per m², median price €495,000
3. La Cala de Mijas (Mijas): €5,128 per m², median price €499,000
4. Nueva Andalucía (Marbella): €5,124 per m², median price €595,000
5. Málaga Centro (Málaga): €5,083 per m², median price €420,000

At the other end, the most affordable areas per m² were Doña Julia (€1,890), La Duquesa (€3,313), Manilva (€3,329).

04 ·Villas versus apartments

Houses and villas had a median asking price of €620,000 (€3,696 per m², median 170 m² built), against €475,000 for apartments and penthouses (€4,593 per m², median 103 m²). Apartments make up 78% of the homes for sale.

05 ·How the market splits by price

51% of homes for sale ask under €500,000, while 1% ask €2 million or more; 2% ask at least €1 million.

• Under €300k: 12%
• €300k–500k: 39%
• €500k–1M: 48%
• €1M–2M: 1%
• €2M–5M: 1%
• €5M and over: 0%

06 ·What this means if you are buying or selling

Asking prices are the earliest signal of the market, months before notary and land registry figures are published. They are not sale prices: well-priced homes in demand areas sell close to asking, while overpriced homes sit on the market and are later reduced. If you are selling, the area tables in the report are a good first check of where your price sits; if you are buying, they show where your budget goes furthest.

Source: Airus Homes analysis of 4,380 homes for sale in our listings database (Resales Online multi-agency network) in November 2026. Medians of asking prices; price per m² on built area. You may quote these figures citing “Airus Homes market report, November 2026” with a link to the report.