2024 Price per Square Meter in New Build Coastal Properties in Costa del Sol
The Costa del Sol remains a prime destination for real estate investments, with a diverse range of coastal towns offering varying price points for new build properties. Here is a detailed look at the price per square meter from the most affordable to the most expensive locations: Manilva, Mijas, Benalmádena, Fuengirola, Torremolinos, Estepona, Málaga City, and Marbella.
Manilva
Manilva, located at the western end of the Costa del Sol, is known for its quieter, more laid-back atmosphere. The average price per square meter for new build properties in Manilva is approximately €3,200. The town’s scenic beauty and lower density make it an attractive option for those seeking a peaceful lifestyle.
Mijas
Mijas, particularly its coastal area known as Mijas Costa, offers a blend of traditional Andalusian charm and modern living. The average price per square meter for new build coastal properties here is around €3,500. The area is known for its golf courses, scenic views, and tranquil environment.
Benalmádena
Benalmádena, with its picturesque marina and family-friendly attractions, offers a desirable mix of leisure and living. The average price per square meter for new build coastal properties is approximately €3,600. The area’s appeal is boosted by its excellent schools, parks, and healthcare facilities.
Fuengirola
Fuengirola is known for its long stretches of sandy beaches and lively town center. The average price per square meter for new build properties in this area is about €3,700. The town’s vibrant community and extensive amenities make it a favorite among both locals and expats.
Torremolinos
Known for its beautiful beaches and vibrant nightlife, Torremolinos is a popular choice among international buyers. The average price per square meter for new build properties in Torremolinos stands at around €3,800. The town’s proximity to Málaga City and its well-developed tourist infrastructure contribute to its strong real estate market.
Estepona
Estepona, with its charming old town and modern developments, offers a balance of tradition and innovation. The average price per square meter for new build coastal properties in Estepona is about €4,200. The area’s beautiful beaches and expanding infrastructure make it a growing hotspot for investors.
Málaga City
Málaga City, the cultural and economic hub of the Costa del Sol, offers a blend of modern amenities and historical charm. The average price per square meter for new build coastal properties here is approximately €4,500. The city’s rich cultural heritage, bustling port, and excellent transport links make it a sought-after location for both residents and investors.
Marbella
Marbella, synonymous with luxury and exclusivity, continues to attract high-end buyers from around the world. The average price per square meter for new build coastal properties in Marbella is approximately €5,500. The town’s upscale amenities, prestigious schools, and renowned golf courses contribute to its high property values.
Conclusion
The Costa del Sol’s real estate market offers a wide range of options to suit different budgets and preferences. From the serene and affordable Manilva to the luxurious and high-end Marbella, each area provides unique advantages and investment potential. As 2024 progresses, these coastal towns and cities will continue to attract buyers looking for a slice of Mediterranean paradise.