Real Estate Market Report 1H 2023 - LF

Lucas Fox Spanish Real Estate Market Report / First half 2023 / Seville, Málaga & The Costa del Sol

PRICES

Asking prices have continued rising strongly in most areas, adding to gains accumulated since 2019. In Marbella, the flagship resort of the Costa del Sol, the accumulated gain since 2019 was 52.5%, one of the highest in Spain.

MÁLAGA, COSTA DEL SOL & SEVILLE ASKING PRICE INDEX BASE = Q1 2019 Source: Idealista

MÁLAGA CITY

SEVILLE CITY

MARBELLA

100%

100%

100%

107.1

124.8

50%

150%

50%

150%

50%

152.5 150%

€/sqm 2,516

Y-O-Y 12.6%

Trend

€/sqm 2,181

Y-O-Y 6.1%

Trend

€/sqm 4,233

Y-O-Y 14.2%

Trend

ESTEPONA

BENAHAVÍS

100%

100%

140.8

148.6

50%

150%

50%

150%

Trend

Trend

€/sqm 3,085

Y-O-Y 15.7%

€/sqm 4,086

Y-O-Y 6.9%

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