The Benahavis property market report is our quarterly reading of the municipality, with every figure drawn from official Spanish registry, notarial and ministry data and read through what we see daily as an agency working in this market. This is the Q2 2026 edition, the municipal edition published on 13 October 2026, covering April to June 2026, and the page always carries the current edition, with every previous quarter archived below and the Q1 2026 edition at its own address.

Benahavis Property Market Report Q2 2026 in a Province Up 7.7%

Málaga province registered 9,387 home sales between April and June 2026, 7.7% more than in the first quarter, while Spain as a whole recorded a fall of 5.7%, and Benahavís, much the smallest of the three towns by volume, had 195 sales in the first count for the second quarter, roughly a fifth of Marbella’s. Spain’s Ministry of Housing and Urban Agenda (MIVAU) settled the first quarter on 1 October at 131, up from the 126 first published, and the second quarter may be revised when it is settled on 16 December.

A Market Measured in Small Numbers

Because Benahavís transacts in small numbers, a single scheme completing can move its quarterly count in the Benahavis property market report considerably, and prices vary so widely between its urbanisations that the municipal figure is a starting point and no guide to any particular home. Between 2004 and the second quarter of 2026 the municipality registered 14,099 transactions, of which 3,617 were new build and 10,482 resale.

Because Benahavís transacts in small numbers, a single scheme completing can move its quarterly count in the Benahavis property market report considerably, and prices vary so widely between its urbanisations that the municipal figure is a starting point and no guide to any particular home. Between 2004 and the second quarter of 2026 the municipality registered 14,099 transactions, of which 3,617 were new build and 10,482 resale.

Because Benahavís transacts in small numbers, a single scheme completing can move its quarterly count in the Benahavis property market report considerably, and prices vary so widely between its urbanisations that the municipal figure is a starting point and no guide to any particular home. Between 2004 and the second quarter of 2026 the municipality registered 14,099 transactions, of which 3,617 were new build and 10,482 resale.

Annual volume peaked at 1,127 in 2022 and has fallen in each year since, to 711 in 2025, and the decline has come from both sides, resale falling from 1,002 to 688 while new build fell from 125 to 23, which in our experience reflects how few homes of the right kind are offered for sale, the buyers being present but selective. The first official count for the second quarter, 195 sales, compares with 197 in the same quarter of 2025.

Prices in the Benahavis Property Market Report

On the deeds Benahavís achieved €4,716 per built square metre in the twelve months to the latest refresh of the General Council of Notaries (the Notariado), at an average of €1,007,034 for 214 square metres across 623 registered deeds, the only one of the three towns where the average purchase exceeds €900,000. A purchase in Benahavís averages 28% more than one in Marbella and yet 2% less per built square metre, because the homes are on average 30% larger, which a single price per square metre hides.

For a buyer the spread between urbanisations argues for caution with any asking figure until the specific urbanisation is named, for a seller it is a reason to insist a price is built from genuinely comparable homes and not from the municipal number, and for an investor the town’s series are best read on their own terms rather than against Marbella or Estepona. We set every valuation against the closed sales in the urbanisation rather than against the town figure.

New Build and Resale in the Benahavis Property Market Report

New build accounted for 38 of the 195 transactions in the second quarter of 2026, a share of 19.5% against 6.2% in Marbella and 18.0% in Estepona, which in a town that registered 23 new build sales in all of 2025 looks to us like a scheme completing, so a buyer looking for a new home here finds, in the Benahavis property market report, a market that over the year is still almost entirely resale. New build peaked at 403 registrations in 2006 and ran at 23 in 2025, a fall of 94.3% across the two decades, while resale rose from 95 sales in 2004 to 688 in 2025.

The Micro Markets Inside Benahavis

The micro markets in the Benahavis property market report differ more sharply than in either neighbour, because the municipality is not uniform and its estates operate on very different price levels. Buyers weighing Benahavis against its neighbours should read this alongside our Marbella property market report and Estepona property market report, since the three markets have different constraints and the comparison is where the useful insight sits.

La Zagaleta and El Madroñal

La Zagaleta and El Madroñal are the apex of the market and among the most exclusive addresses in Europe. Sales in the €5 million to €20 million range are routine, and these estates operate almost as a separate market, largely insulated from the conditions affecting the rest of the coast.

Los Flamingos and the golf resorts

Resort villas and apartments sit around the golf courses at Los Flamingos, where much of the newer premium development is found. Short term rental activity concentrates in the same areas.

Resort villas and apartments sit around the golf courses at Los Flamingos, where much of the newer premium development is found. Short term rental activity concentrates in the same areas.

Resort villas and apartments sit around the golf courses at Los Flamingos, where much of the newer premium development is found. Short term rental activity concentrates in the same areas.

La Quinta, Los Arqueros and the village

La Quinta, Los Arqueros and the village are the more accessible end of the municipality, historically popular with British buyers, and the white village itself offers the only genuinely mid market property in Benahavis. The village and the valley below it are also where the smallest number of sales can move a quarterly count most.

La Quinta, Los Arqueros and the village are the more accessible end of the municipality, historically popular with British buyers, and the white village itself offers the only genuinely mid market property in Benahavis. The village and the valley below it are also where the smallest number of sales can move a quarterly count most.

La Quinta, Los Arqueros and the village are the more accessible end of the municipality, historically popular with British buyers, and the white village itself offers the only genuinely mid market property in Benahavis. The village and the valley below it are also where the smallest number of sales can move a quarterly count most.

Benahavis Beside Marbella and Estepona

Benahavís recorded 195 sales in the second quarter against 921 in Marbella and 766 in Estepona, roughly a fifth of Marbella’s, and the chart in this Benahavis property market report sets the three towns side by side for the second quarter of each year since 2022. It is the smallest of the three by volume and the largest by average purchase, which is why a single scheme completing can move its count.

Outlook to the Year End

Should things continue as they have, we would expect the province to stay within the band it has held for seven quarters rather than break out of it, and in Benahavís, where a single scheme can move a quarter, we would read the town across a full year rather than on one or two quarters. On present evidence we would expect the balance to keep shifting toward resale, which in a town that registered only 23 new build sales in 2025 works in favour of anyone selling a well kept house.

The next test of our own reading falls on 16 December 2026, when MIVAU settles the second quarter of 2026, and the Benahavís count of 195 may be revised, as the first quarter was when it moved from 126 to 131. The chart of homes sold per quarter will then carry a settled bar for the second quarter.

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