Research, data & guides
Marbella property market data, measured every quarter.
Registered transaction figures for Marbella, Estepona and Benahavís, published every quarter since 2024, alongside the guides we write for buyers, sellers and owners across the Costa del Sol. Every report is free to read in full, and free to quote provided you credit us.
Quarterly market report
Q1 2026 Costa del Sol Market Report
The quarter reads as a normalisation rather than a weakening. Transaction volumes stepped back from the exceptional levels of 2024 and 2025, while values held firm and, across Málaga province, continued to climb.
Transactions are registered sales across Marbella (842), Estepona (598) and Benahavís (126). Price figures cover Málaga province and are annual to Q1 2026. Full sourcing inside the report.
Market reports
Three markets, tracked separately
Marbella, Estepona and Benahavís behave differently and we report them that way. Each market has its own permanent page carrying the current quarter, with every previous edition beneath it.
Marbella
The structural core of the Golden Triangle. Deepest international demand, tightest prime supply, 842 registered sales in the first quarter of 2026.
Estepona
The growth corridor. Greater land availability and a development-led pipeline make it the most new-build weighted of the three, with 598 sales in Q1 2026.
Benahavís
Small, high value and villa dominated. Volumes are modest enough that percentages move sharply, so we report the underlying counts alongside them. 126 sales in Q1 2026.
Every edition
The full quarterly archive
Pick a quarter, then the market you need. Each edition stays online permanently at its own address and is never rewritten after publication, so a citation made today still resolves, and still says the same thing, in five years.
| Edition | Period covered | Marbella | Estepona | Benahavís | Full report |
|---|---|---|---|---|---|
| Q1 2026Current | January to March 2026 | Marbella → | Estepona → | Benahavís → | PDF 13pp |
| Q4 2025 | October to December 2025 | Marbella → | Estepona → | Benahavís → | PDF 15pp |
| Q3 2025 | July to September 2025 | Marbella → | Estepona → | Benahavís → | PDF 18pp |
| Q2 2025 | April to June 2025 | Marbella → | Estepona → | Benahavís → | PDF 14pp |
| Q1 2025 | January to March 2025 | Marbella → | Estepona → | Benahavís → | PDF 9pp |
| Q3 2024 | July to September 2024 | Marbella → | Estepona → | Benahavís → | PDF 7pp |
Figures are occasionally restated between editions as registries complete their filings. Each page quotes the figure published in the edition under discussion and says so.
Annual & thematic
Reports that look wider than one quarter
The annual review, the year ahead, and the standalone study of rental demand.
As published
Marbella Market Report 2025
The full year in one document. Twenty-two pages covering volumes, values, buyer origin and supply across the whole of 2025.
As published
Market Outlook 2026
What we expect from the year ahead: supply, pricing, the new-build pipeline and where demand is likely to concentrate.
As published
Marbella Rental Demand Report 2026
Where rental demand is coming from, what it pays, and how licensing and seasonality shape the return on a Marbella property.
Buying, selling & owning
The guides
Written for the decision in front of you rather than for search engines. Each one covers the process, the costs, the taxes and the mistakes we see most often, and each is revised whenever the rules or the numbers behind it move.
Kept current
Buyers Guide
The whole purchase, start to finish. Reservation, due diligence, notary, taxes and the running costs nobody mentions until completion.
Kept current
Sellers Guide
Pricing, presentation, paperwork and what actually moves a sale. Includes the deductions a seller meets at completion.
Kept current
Guide to Buying Off-Plan
Payment stages, bank guarantees, licences and snagging. How to judge a developer and what to check before the first instalment.
Kept current
Guide to Branded Residences
What the brand actually delivers, what it costs annually, and how these schemes have performed on resale in Marbella.
Kept current
Short-Term Rental Owners Guide
Licensing in Andalucía, community rules, tax treatment and the operating realities of letting a property short term.
Kept current
A Grand Tour of Spanish Visas
Every route to living in Spain, compared. What each visa requires, what it permits, and how property ownership sits alongside it.
Kept current
A Guide to Marbella’s PGOM
What the Plan General de Ordenación Municipal actually governs, and what it means for what can be built, bought or licensed on a given plot.
Neighbourhood by neighbourhood
Area guides
What each address is actually like to own: who lives there, what it costs, how it is built and where values sit against Marbella as a whole. The series expands through the year until every neighbourhood on this coast is covered.
Kept current
A Guide to Marbella
How the municipality is laid out, which neighbourhood suits which buyer, and what homes across Marbella actually sell for on official deed prices.
Kept current
A Guide to Estepona
How the municipality is laid out, from the old town and marina to the New Golden Mile, and what homes across Estepona actually sell for on official deed prices.
Kept current
The Golden Mile
Beachside and hillside, and why the two behave as separate markets despite sharing an address.
Kept current
La Quinta
Golf valley living above Nueva Andalucía, with the sea views that come from building on the hill.
Kept current
Nueva Andalucía
The golf valley behind Puerto Banús, and the widest spread of price points in one Marbella postcode.
Kept current
La Zagaleta
Europe’s most private residential estate, and what ownership inside the gates involves.
For the press
Writing about the Costa del Sol?
We publish original quarterly data on one of Europe’s most reported property markets, and we would rather you quoted it than guessed. Here is what you may use and where it comes from. The press room carries the rest.
Using our figures
Any figure in these reports may be reproduced in editorial work on the condition that it is attributed to JUST Real Estate and names the edition it came from, so a reader can check it against the same source we used. That is the condition of use and it is the only one. No permission request, nothing embargoed.
Editorial downloads
The current edition and the one before it, for newsroom use.
Where the numbers come from
We do not publish a figure without saying who measured it. Transaction counts, valuations and index movements come from separate bodies that measure different things, and we keep them separate in the text.
- Registradores de EspañaRegistered sales, by province
- Consejo General del NotariadoDeeds by postcode
- INENational house price index
- TinsaValuation-based price movement
- Ministerio de ViviendaValuations per m²
- JUST Real EstateOur own asking price and sales data
Common questions
Before you quote us
Can I quote these figures in an article?
Yes, on one condition. Any figure here may be reproduced in editorial work provided it is attributed to JUST Real Estate and names the edition it came from, so a reader can check it. That is the condition of use and it is the only one. There is no permission request and nothing is embargoed.
Do I have to give my email address to read a report?
Not to read one. Every quarter is published in full as a web page, free and open, with no form in the way. We ask for an address only on the designed PDF edition, so that we can send you the next one when it lands.
Where does the transaction data come from?
Registered sales come from Registradores de España and the Consejo General del Notariado. Price index movement comes from INE and Tinsa, and valuations per square metre from the Ministerio de Vivienda. Each report names the source beside the figure, because those bodies measure different things and their numbers should never be blended.
How often is this updated?
A new market report is published every quarter. The guides are reviewed and updated whenever rules, taxes or costs change. Quarterly editions are never revised once published, so a citation stays true to what was reported at the time.
Why do transaction counts change between editions?
Registries restate earlier quarters as filings complete, because a deed reaches the registry weeks after the parties agree. Each edition quotes the figure published at the time and flags any material revision rather than quietly rewriting it.
Do the reports cover Estepona and Benahavís as well as Marbella?
Yes. All three Golden Triangle municipalities are reported separately every quarter, each with its own permanent page and its own archive of previous editions.
Stay current
New editions, the day they publish
One email per quarter when a market report lands, and nothing else. If you would rather see the working, our weekly market note goes out on Sundays.
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A note on method
Transaction counts are registered sales and lag the market by roughly a quarter, because a deed reaches the registry weeks after the parties agree. Asking prices are drawn from our own records of listed stock and are not achieved prices; the two are never presented as a matched pair. Where a figure covers Málaga province or Andalucía rather than a single municipality, the text says so. Registries restate earlier quarters as filings complete, so each edition quotes the figure published at the time and flags any material revision.
What changes and what does not. Quarterly editions are fixed at publication and are never revised, which is what makes them safe to cite. Guides and area guides are living documents: taxes, licensing rules, community costs and price positions are refreshed as the underlying figures move, and each one carries the date it was last reviewed.
Market report
The report
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