How are Real Estate Prices Developing in Marbella, Estepona and Mijas 2026?
The Costa del Sol remains one of the most dynamic and sought-after real estate markets in Europe in 2026. Places like Marbella, Estepona and Mijas continue to attract international buyers who appreciate the Mediterranean climate, the high-quality infrastructure and the unique quality of life in the region. After several years of intense demand – especially during the period from 2021 to 2024 – the question now arises as to how real estate prices on the Costa del Sol will develop in 2026 and which trends investors can expect in the new year.
A look at recent market reports shows: demand remains high in 2026, although slightly normalized in some segments. At the same time, supply remains scarce – especially in coastal locations, new developments and established premium areas such as Marbella. The result is a market that remains stable despite global uncertainties and continues to develop positively in most municipalities.
Marbella asserts its position in 2026 as one of the most exclusive and value-stable real estate locations in the Mediterranean region. Property prices in Marbella remain at a high level, averaging around €5,000 per square metre – significantly higher in prime locations. Demand continues to focus on areas such as the Golden Mile, Sierra Blanca, Puente Romano and Puerto Banús. The Marbella property market 2026 shows moderate but very stable growth, driven by an international clientele, luxury concepts and limited new construction land.
Estepona remains one of the most exciting growth markets in 2026. The modernization of the city, sustainable urban development and the focus on high-quality new-build projects have made Estepona one of the most sought-after places on the Costa del Sol. Property prices in Estepona remain between €3,000 and €5,000 per square metre, depending on location and features. Particularly the areas along the New Golden Mile as well as modern new-build resorts in the west continue to develop positively. Many buyers see Estepona in 2026 as a “contemporary alternative” to Marbella – slightly cheaper but just as high-quality and investment-strong. Demand for buying property in Estepona remains high, both for second homes and investment properties.
Mijas continues to record remarkable growth in 2026, although somewhat more moderate than the previous year. The region, which includes both the charming Mijas Pueblo and the modern coastal section of Mijas Costa, is increasingly attracting buyers who value good infrastructure, attractive prices and proximity to Marbella and Málaga. Property prices in Mijas remain at an average of around €3,800 per square metre, with high-quality new-build projects and modern apartment complexes continuing to generate strong demand. For many investors who want to enter the Costa del Sol property market in 2026, Mijas remains a particularly interesting value-for-money segment.
Municipalities such as Benalmádena, Fuengirola and Casares are also continuing to develop positively. The combination of improved transport links, new resorts and strong demand in both the holiday and long-term rental markets is increasing attractiveness even further. Overall, real estate prices on the Costa del Sol in 2026 show slightly weakened but still solid growth, driven by long-term structural factors.
The international buyer market remains particularly important for market development in 2026. A large proportion of buyers continue to appear as cash buyers, making the market less affected by rising interest rates or financing conditions. At the same time, the trend toward “lifestyle investing” – in which buyers focus not only on returns but also on quality of life, flexibility and work-life balance – additionally enhances the attractiveness of the Costa del Sol.
Forecasts for 2026 and beyond are therefore predominantly positive. Although experts expect that the extreme boom of previous years will not return with the same intensity, the region clearly remains in growth. Estepona and Mijas in particular continue to have considerable catch-up potential, while Marbella will maintain its status as a luxury location with high value stability. Overall, the Costa del Sol remains one of the most stable and attractive real estate markets in Europe.
Anyone considering buying a property on the Costa del Sol in 2026 is making a forward-looking decision. Whether as an investment, second home or retirement plan – the combination of quality of life, value development and international demand makes places like Marbella, Estepona, Mijas and their surroundings a long-term secure location.
Benefit from our real estate and construction expertise on the Costa del Sol in 2026
If you want to buy, sell or develop a property on the Costa del Sol in 2026, you will benefit from more than just classic real estate consulting – you will also benefit from in-depth construction expertise that clearly sets us apart from traditional real estate agencies.
Thanks to our many years of experience in construction, we can not only market properties, but also assess them from a structural perspective, identify optimization potential and provide well-founded advice on refurbishments, renovations or new-build projects.
This means for you:
✔ Professional property valuation based on technical construction expertise
✔ Identification of construction defects, refurbishment needs and structural condition
✔ Support with conversion, modernization and new-build planning
✔ Inspection of construction quality, energy efficiency & value enhancement potential
✔ Support throughout the entire process – from the viewing appointment to implementation
Combined with our comprehensive market knowledge in Marbella, Estepona, Mijas and the surrounding area, you receive advice that is both real estate-related and technically sound – a real added value for buyers, investors and owners who value security and quality.
Contact us now without obligation – We combine real estate know-how with construction expertise
👉 Arrange a personal consultation
👉 Request a technically sound market valuation
👉 Discover properties with potential – with structural analysis by a professional