What is the average cost of housing in Malaga?

If you are thinking about moving to Malaga, cost of living in probably a key consideration. Expats commented about the cost of housing...

"We came in 2020 and the housing costs have increased at least 20% in Malaga and on the CDS since we arrived. We live in a town on the coast with population 75,000 and have read the average rent here is the same as Madrid average! Another thing to remember is the currency exchange rates, if your funds are outside the EU. Our rent went up $175 this month solely due to the exchange rate," said a member in Spain.

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"The average cost of housing in Malaga can vary greatly depending on the location and type of property. For instance, in the city center, you might expect to pay a higher price compared to the outskirts. As of recent data, the average price for an apartment in the city center could be around €2,500 per square meter. However, in less central areas, the average cost could drop to approximately €1,500 per square meter. For rental properties, a one-bedroom apartment in the city center might cost around €700 per month, while the same property outside the city center could be around €500 per month. Please note that these are average prices and actual costs may vary," remarked another expat who made the move to Malaga, Spain.