The land is finite
Mountain on one side, sea on the other. A new plot is a planning decision, not a catalogue page. That is the supply case, and it fails the moment the paper does not allow the house.
Location guide
Nine places, one coast
From the city to the Strait. Asking bands are orientation, not an index.
Why this coast still gets bought
January is reachable
Málaga airport and the AVE make this a city gate, not a seasonal rumour. A long let and a school year depend on that, not on August.
The buyer is not only August
Northern Europe, the UK and a growing number of US buyers want a euro asset they can also use. Use is not yield. The memo keeps them apart.
A licence is a fact, not a cell
Tourist licences are local and finite. They support a flat that has one. They punish a model that assumed one. Long-let income is the base when the paper is silent.
Eight ways, one discipline
A long let, a short let, a flip, a private group, a secured loan, a build, a finca and a power plant are not the same asset. Each has a law, a plus and a minus. None of them is a promise.
Tax follows the person
Spain taxes the asset. Your home country may tax you as well. Residence, a company and a loan change the shape. They do not erase it. The page is a map; the opinion is a lawyer’s.
- Málaga€3,500 – €6,200 / m²
- East€4,500 – €8,500 / m²
- Golden Mile€8,000 – €18,000 / m²
- Nueva€5,000 – €10,000 / m²
- Estepona€3,200 – €6,500 / m²
- Casares€2,800 – €5,500 / m²
- Manilva€2,400 – €4,200 / m²
- Sotogrande€5,000 – €12,000 / m²
- Strait€1,800 – €3,200 / m²
Asking bands are orientation for a first conversation. They are not an index, a valuation, or a promise.
Properties
Málaga
For a city that works in January: long lets, a real centre, and a train to the airport.
€3,500 – €6,200 / m²
East Marbella
For a house with a garden, still east of the noise, between Cabopino and Elviria.
€4,500 – €8,500 / m²
Golden Mile
For capital that wants the address, the beach, and a licence that already exists.
€8,000 – €18,000 / m²
Nueva Andalucía
For golf, schools, and a valley that rents in winter to northern Europe.
€5,000 – €10,000 / m²
Estepona
For the income ticket on this coast: town, new build with a contract, and a walkable centre.
€3,200 – €6,500 / m²
Casares
For land, a view, and buyers who accept a drive down to the beach.
€2,800 – €5,500 / m²
Manilva
For a lower ticket, plots for a small villa scheme, and patience.
€2,400 – €4,200 / m²
Sotogrande
For a marina, polo, and a house you mostly live in. Yield is not the lead.
€5,000 – €12,000 / m²
Algeciras / Gibraltar
For a low basis near the Strait: logistics, a pied-à-terre, not a beach brand.
€1,800 – €3,200 / m²