Housing prices in the municipality of Vélez-Málaga

Property prices trend in Vélez-Málaga

The following charts show price trends over time for all types of residential property in Vélez-Málaga, both for sale and for rent.

In April 2024 for residential properties for sale was asked an average of € 2,319 per square meter, with an increase of 17.78% compared to April 2023 (1,969 €/m²). Over the past 2 years, the average price in Vélez-Málaga municipality reached its peak in April 2024, with a value of € 2,319 per square meter. The month with the lowest asking price was June 2022: for a property for sale was asked an average of € 1,777 per square meter.

In April 2024 for residential rental properties was asked an average of € 10.39 per month per square meter, with an increase of 16.87% compared to April 2023 (€ 8.89 monthly per square meter). Over the past 2 years, the average price in Vélez-Málaga municipality reached its peak in August 2023, with a value of € 12.33 per square meter. The month with the lowest asking price was March 2023: for a rental property was asked an average of € 8.48 per month per square meter.

Prices per square meter of the zones in Vélez-Málaga

During April 2024, the asking price for properties for sale in Vélez-Málaga was highest in the Torre del Mar area, with € 2,683 per square meter. The lowest price, instead, was in the Núcleo Urbano area, with an average of € 1,544 per square meter.
During the same month, the asking price for rental properties in Vélez-Málaga was highest in the Núcleo Urbano area, with € 12.47 per month per square meter. The lowest price, instead, was in the Área de Triana-Cabrillas-Trapiche area, with an average of € 7.50 per month per square meter.

The following charts show information about the real estate property of the municipality of Vélez-Málaga and a summary of the demographic and socio-economic aspects that characterize its resident population, consisting of 82,365 inhabitants.