Journal

Market Report

Costa del Sol property market: what changed in Q2 2026?

Q2 2026 property market overview for Mijas, Marbella and Estepona: asking prices, growth rates and what the numbers mean for buyers.

Yachts moored in the Puerto Banus marina in Marbella, white apartment buildings with terracotta roofs behind them and La Concha beyond.

Are property prices still rising in Mijas, Marbella and Estepona? Yes—but at very different speeds.

At the end of June 2026, Idealista reported these average asking prices:

  • Mijas — €3,650/m² | Q2 +2.7% | 12 months +8.5%
  • Marbella — €5,906/m² | Q2 +0.7% | 12 months +4.5%
  • Estepona — €4,828/m² | Q2 +5.6% | 12 months +16.9%

Marbella remained the most expensive of the three, although its asking prices grew relatively slowly during the quarter. Estepona saw the strongest increase. Mijas sat at a lower average price, but its prices were still rising.

There is another side to the picture. Across Spain, the number of registered home sales fell by 5.7% compared with Q1 and by 2.3% compared with Q2 2025. That is a national figure, not a sales count for these three towns, but it is a useful reminder that rising prices do not always mean more homes are selling.

For buyers, the practical takeaway is simple: a town-wide average cannot tell you whether a particular apartment or villa is well priced. The exact location, condition, total purchase and improvement costs, and realistic rental income matter much more. If vacation rentals are part of your plan, the legal position needs checking before you commit.

The listing shows you the property. We will show you the numbers behind it. That is especially important in a market where asking prices are moving at such different speeds.

Need a clearer budget before the shortlist?

Bring the finance questions and property brief together before travel or viewings.

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