Marbella property prices, September 2026: market report

01 ·Asking prices by municipality

02 ·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. Golden Mile (Marbella): €8,016 per m², median price €1,960,000
2. Sierra Blanca (Marbella): €8,011 per m², median price €3,000,000
3. Puerto Banús (Marbella): €7,606 per m², median price €1,045,000
4. New Golden Mile (Estepona): €6,437 per m², median price €995,000
5. La Quinta (Benahavís): €6,383 per m², median price €1,195,000

At the other end, the most affordable areas per m² were Mijas Golf (€3,530), Mijas Costa (€3,876), Mijas (€3,894).

03 ·Villas versus apartments

Houses and villas had a median asking price of €1,499,000 (€5,206 per m², median 290 m² built), against €595,000 for apartments and penthouses (€5,267 per m², median 117 m²). Apartments make up 59% of the homes for sale.

04 ·How the market splits by price

26% of homes for sale ask under €500,000, while 20% ask €2 million or more; 39% ask at least €1 million.

• Under €300k: 4%
• €300k–500k: 22%
• €500k–1M: 36%
• €1M–2M: 19%
• €2M–5M: 15%
• €5M and over: 5%

05 ·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 4,774 homes for sale in Marbella, Estepona, Benahavís, Mijas and Istán, from our listings database (Resales Online multi-agency network), in September 2026. Medians of asking prices; price per m² on built area. You may quote these figures citing “Airus Homes market report, September 2026” with a link to the report.