Sale of foreign real estate
Kyrenia, Korshiyaka street, Özyalçin 192 complex
Park Heights Square 1, Dubai, UAE
69, 67 1 Soi Kokyang, Rawai, Muang, Phuket
Grand condo 7, Chroy Changvar, Phnom Penh
Jl. Dukuh Indah No. 606, Bali 80361, Indonesia
1 Sherifa Khimshiashvili Str., Batumi
Çağlayan Mahallesi, Barınaklar Bulvarı 5, 07235
St. Petersburg, Moika River embankment 36, office 18
C/El Montículo 8, 29631, Benalmádena, Spain
Hungary, Budapest, Merleg St. 12
Pulawska Street 17, Warsaw
10b Trg Dara Petkovića, Tivat, Montenegro
Jacques Chirac st., Al Saadiyat Island, Abu Dhabi
Belgrad, Vidovdanska 3, lokal 2
Kazakhstan, Astana, Turkestan str. 14 A
Jacques Chirac st., Al Saadiyat Island, Abu Dhabi
277 Cityview Drive, unit 16 Vaughan, Ontario.
Zanzibar TZ, 2303, Tanzania

Barcelona vs Málaga: Where to buy real estate and where to invest?

Home page » News » Barcelona vs Málaga: Where to buy real estate and where to invest?
Barcelona vs Málaga: where is it more profitable to buy real estate? Comparison of cities against the backdrop of architecture.
Author of the article:
Selina
Spanish real estate specialist
Date:  14.03.2025
Updated: 14.03.2025
Reading time: 15 min.
Views:  3

When it comes to real estate investments in SpainMany people are thinking about popular destinations such as Barcelona and Málaga. Each of these cities has its own unique features and attractions for investors. But where is the best buy a home? Let's break it down together.

Analysis of the real estate market in Barcelona

Barcelona has always attracted investors with its vibrant culture and strategic location on the Mediterranean coast. As of 2024, the real estate market in this city is showing strong growth. The average price per square meter is approx. 4,500 eurosand this value continues to grow, which makes investments here very promising.

Dynamics of housing prices

Housing prices in Barcelona have been steadily increasing in recent years. This is due to the high demand, which is supported by both local residents and foreign investors. Wondering if it's worth investing now? Many experts believe that the market will continue its growth in the coming years.

Popular neighborhoods for buying real estate

If you are considering buying a home in Barcelona, check out the Eixample and Gracia neighborhoods. Eixample is famous for its architecture and convenient infrastructure, and the Gracia offers a more cozy and peaceful atmosphere. Real estate prices here vary, but on average are approx. 5,000 euros per square meter.

Supply and demand

In Barcelona, the demand for real estate significantly exceeds the supply. This is especially noticeable in the central areas, where housing is bought up almost instantly. Investors who want to maximize their profits should act quickly and decisively.

So, ready to invest in Barcelona? This city not only offers great investment opportunities but also gives a unique lifestyle to its residents.

Real estate market analysis in Málaga

Current state of the market

Málaga, located on the sunny Costa del Sol, is becoming increasingly attractive to investors. The city is actively developing, and the real estate market is showing stable growth. The average price per square meter is about 3,200 eurosThis makes it more accessible than other major cities in Spain.

Dynamics of housing prices

House prices in Málaga continue to rise, but at a more moderate rate. This creates excellent opportunities for long-term investments. Experts predict that by 2025, values could increase by 5-7%This is due to increased tourist traffic and infrastructure development.

Popular neighborhoods for buying real estate

Among the popular areas for buying real estate stand out Estepona and Marbella. Estepona is known for its picturesque beaches and tranquil atmosphere, and the Marbella - is the center of luxury and high-end real estate. Prices vary in these neighborhoods, but on average are as follows 3,500 euros per square meter.

Supply and demand

Demand for real estate in Málaga is steadily growing, especially among foreign buyers. The city attracts with its resort atmosphere and mild climate. The supply so far meets the demand, but every year there are fewer and fewer available properties, especially in popular tourist areas.

In summary, Málaga offers excellent opportunities for those looking for affordable investment options with high growth potential.

Comparison of key factors for investment in Barcelona and Málaga

When it comes to comparing Barcelona and Malaga for real estate investment, it's important to consider a few key factors to make an informed choice.

FactorBarcelonaMálaga
Price per 1 sq.m. on average4,500 euros3,200 euros
FormalizationComplex, requires NIE and legal supportSimpler, but also requires NIE
Tax on the purchase of real estateAbout 10%About 10%
Real estate ownership tax, per year0,3-0,5% from the cadastral value0,3-0,5% from the cadastral value
PaybackFast, especially in central areasLong-term, especially in tourist areas
Rent per day, average100-150 euros80-120 euros
Profit per year, on averageHigh, due to constant demandModerate, with potential for growth
Annual growth of touristsStable, about 5%Growing, about 7%
Real estate price growth per year5-7%5-7%

In the end, the choice between Barcelona and Malaga depends on your priorities and goals. If you are focused on faster growth and liquidity, Barcelona is your option. If you are looking for affordability and long-term growth prospects, consider Málaga.

Nuances when buying a home in Barcelona and Málaga

Buying real estate in Spain, whether in Barcelona or Malaga, requires an understanding of local peculiarities and nuances. Let's look at what is important to know.

Peculiarities of transaction execution

In both cities, the transaction process is quite transparent, but requires careful observance of all legal formalities. It is important to have all the necessary documents in hand and to have the support of a professional lawyer to avoid unpleasant surprises.

A modern residential complex with balconies and glass windows against the blue sky.

Existence of additional costs

When buying real estate in Spain, in addition to the basic cost, you need to consider additional costs. These can be taxes, which amount to approx. 10-12% of the value of the object, as well as fees for registration and legal support. Important to factor it into your budget.

Recommendations for foreign buyers

Foreign buyers should pay attention to the need to obtain an NIE - Foreigner Identification Number, which is required for most transactions in Spain. It is also worth finding out in advance about possible restrictions and rules for non-residents.

So, ready to buy? Make sure you fully understand all the legal aspects and are prepared for the additional costs. This will help avoid unpleasant surprises and make the buying process smoother.

Similarities and characteristics of the real estate market in Barcelona and Málaga

When it comes to comparing Barcelona and Malaga in the real estate market, it is important to highlight both general trends and the unique characteristics of each city.

General trends

Both cities show a steady increase in real estate prices, which is due to high demand and attractiveness to tourists and investors. Interest in resort real estate in Spain continues to grow, keeping the market in tone.

Unique characteristics of Málaga

Málaga offers a more relaxed pace of life and affordable prices. Resort atmosphere and year-round tourist flow make it attractive for those looking for long-term investments. It is easier to find lower-priced options with growth prospects here.

Evening view of the coastal city with the arena in the center against a backdrop of the sea and city lights.

Barcelona's unique characteristics

Barcelona is renowned for its architecture and cultural heritage, making it one of the most sought-after places to live and invest. High liquidity and constant interest from foreign buyers make the market here particularly dynamic.

In the end, the choice between Barcelona and Malaga depends on your preferences and investment goals. Barcelona is suitable for those looking for an active urban lifestyle, while Málaga is for lovers of tranquility and nature.

Prospects for growth and development of resort real estate

Investments in holiday real estate in Spain are becoming more and more attractive due to the growing tourist flow and infrastructure development. Let's take a look at what's in store for Barcelona and Málaga in the coming years.

Tourism potential

Barcelona, with its rich cultural heritage and vibrant atmosphere, continues to attract millions of tourists each year. This creates a steady demand for rentals, especially in the central areas. Málaga, with its mild climate and beautiful beaches, also sees a high flow of tourists all year round. It is expected that. the number of tourists will increasekeeping the rental market at a high level.

Impact of seasonality on the market

In Barcelona, seasonality does not affect prices as much as in other regions due to the diverse tourist flow. In Málaga, on the other hand, the peak season is during the summer months, when rental prices can increase by 20-30%.

Modern apartment buildings with playground in a new neighborhood of the city, aerial view.

Expert forecasts

Experts predict that by 2025, the resort real estate market in both cities will continue to grow. In Barcelona, the value of properties is expected to increase by 5-7%While in Malaga the potential for growth could amount to up to 10% thanks to more affordable prices and infrastructure development.

As a result, investment in resort real estate in Barcelona and Malaga promises to be profitable and promising, especially given the growth of tourist flow.

Yield from short-term and long-term leases

When it comes to of rental yields in SpainBarcelona and Malaga offer different opportunities and risks. Let's take a closer look at them.

Comparison of yields in Barcelona and Málaga

In Barcelona, short-term rentals, especially in the tourist areas, can generate significant income. The average rental price is around 100-150 euros per night for apartments in the center. In Malaga rentals are also popular, but prices are slightly lower - approx. 80-120 euros per night.

Popularity of rentals among tourists and locals

Barcelona attracts tourists all year round, which ensures a constant flow of tenants. In Málaga, rental peaks in the summer season, when the city is filled with vacationers. This creates a stable demand for short-term rentals and keeps profitability at a high level.

A modern apartment building with curved balconies against a blue sky.

Risks and benefits of each type of lease

Thinking about a long term lease? In Barcelona, it can be more stable but generate less income compared to short-term rentals. In Málaga, long-term rentals can be profitable due to lower property purchase prices and the growing interest in the region among foreign buyers.

In the end, the choice between short-term and long-term rentals depends on your goals and capabilities. Barcelona offers high short-term rental income, while Málaga provides stability and growth potential.

Economy and life in Barcelona and Málaga

The choice between Barcelona and Malaga for living and investing depends largely on economic factors and quality of life. Let's understand their specificities.

Standard of living

Barcelona offers a high standard of living with a well-developed infrastructure, many cultural activities and a variety of services. However, the cost of living here is higher than in Malaga. The average monthly expenses per family can be approx. 3,000-3,500 euros. In Málaga, life is more relaxed and affordable, with monthly expenses of approx. 2,000-2,500 euros.

Employment of population

Barcelona is an economic center, offering many jobs in various sectors such as technology, finance and tourism. Málaga, in turn, is actively developing its service and tourism sectors, which opens up new employment opportunities, especially during the tourist season.

Business Opportunities

Investors and entrepreneurs will find more business opportunities in Barcelona due to its international status and attractiveness for startups. Málaga is also not lagging behind, offering favorable conditions for business development in tourism and hospitality.

As a result, Barcelona suits those looking for dynamic city life and business opportunities, while Málaga offers a more relaxed lifestyle and affordability.

Education and medicine in Barcelona and Malaga

When choosing between Barcelona and Malaga, it is important to consider the quality of education and the availability of medical services, especially if you plan to move with your family.

Quality of educational institutions

Barcelona offers a wide range of educational institutions, including international schools and world-class universities. A private school education can cost up to 7,000-15,000 euros per year. There are also good schools in Málaga, but the choice is somewhat limited compared to Barcelona. However, the cost of education here may be slightly lower.

Historic university building in Barcelona, brick architecture against a backdrop of blue sky and trees.

Accessibility of health services

The medical infrastructure in Barcelona is of a high standard, with many private and public clinics. The cost of private insurance can be 50-100 euros a month per person. Málaga also offers quality health services, but with fewer specialized centers.

Large modern hospital with parking lot and cars in the foreground, blue sky in the background.

Impact on the attractiveness of the city for family investors

Barcelona, with its well-developed educational and medical infrastructure, attracts families looking for a high standard of living and education for their children. Málaga, on the other hand, is interesting for its more affordable options and peaceful atmosphere, which makes it attractive to families who appreciate comfort and nature.

In the end, the choice between Barcelona and Malaga depends on your priorities in education and medicine. Barcelona offers more options, while Málaga pleases with affordability and coziness.

Roads and transportation

Transportation infrastructure plays a key role when choosing a place to invest or live in Spain. Barcelona and Málaga offer different opportunities in this respect.

Developed transportation infrastructure

Barcelona is known for its well-developed transportation system. Subways, buses and streetcars cover almost the entire city, which ensures convenient transportation. The cost of a monthly pass is about 50 euros. The city is also actively developing infrastructure for bicyclists and electric scooters, making transportation more environmentally friendly.

Panoramic view of the green avenue in the city, surrounded by buildings and mountains.

MálagaAlthough it has a less developed transportation network, it includes efficient bus routes and suburban trains. This is sufficient to get around the city comfortably. In recent years, Málaga has invested in improving its transport network, including new bus lines and modernization of existing routes.

Convenience of transportation within and outside the city limits

In Malagué There is also an international airport and the city is well connected to other regions of Andalusia. However, within the city it is easier to get around by private vehicle or bicycle, which adds an element of comfort and freedom of movement.

A street with palm trees and cars in a cityscape, sunny day.

Barcelona provides extensive travel opportunities thanks to its international airport and rail connections to other European cities. This makes it an excellent base for those who travel frequently.

As a result, Barcelona offers more mobility options, while Málaga appeals for its simplicity and accessibility.

Legal and tax specifics

When buying real estate in Spain, it is important to consider the legal nuances and tax obligations, especially in cities like Barcelona and Málaga.

Real estate taxes

In Spain, buyers of real estate are liable to pay various taxes. The main one is the property transfer tax, which is approx. 10% of the value of the property. In addition, there are annual property taxes, which can vary depending on the region and type of property. In Barcelona and Málaga the rates are similar, but it is always worth checking the actual figures for a particular property.

Peculiarities of legislation for foreign investors

Foreign buyers must obtain a NIE (Foreigner Identification Number), which is required for any financial transaction in Spain. The process of obtaining an NIE can take several weeks, so it is advisable to start early. It is also worth bearing in mind that some banks require the opening of a Spanish bank account for the transaction.

Legal risks and how to avoid them

When buying real estate, it is important to consider all legal aspects. In Barcelona and Málaga it is recommended to hire a local lawyer who will help with the verification of documents and ensure the legality of the transaction. A lawyer will help to check the legal status of the property, encumbrances and debts. The cost of a lawyer's services can be approx. 1,000-2,000 eurosBut it is a wise investment to mitigate risk and secure the deal.

Thus, understanding the legal and tax nuances is key to a successful real estate purchase in Barcelona and Malaga. Plan all steps in advance and don't skimp on professional help to avoid unpleasant surprises.

What should an investor choose: Barcelona vs Málaga?

Choosing between Barcelona and Malaga for real estate investment depends on your goals, budget and preferences.

Final comparison

Barcelona attracts with its dynamic atmosphere, developed infrastructure and high standard of living. The average cost per square meter here is about 4,500 eurosThis makes it a more expensive option. However, the growth potential and liquidity of real estate in Barcelona is higher, which can provide a quick return on investment.

A modern building with a unique facade and green elements against a backdrop of blue sky and clouds.

Málaga offers more affordable prices, averaging 3,200 euros per square meter. The town is famous for its resort atmosphere and mild climate. This makes it a great option for long-term investments and those looking for tranquility and nature.

Recommendations for different types of investors

  • Long-term investors: Málaga may be preferable due to lower prices and growth prospects.
  • Short-term investors: Barcelona is suitable for those looking for quick profits and high liquidity.
  • Family investors: Barcelona offers more opportunities in terms of education and health services, but Málaga provides a quieter and more affordable life.
Waterfront apartments with mountain views in Malaga, Spain at sunset.

Personal experience of experts or investors

Many investors who have already invested in Barcelona note the high demand for rentals and stable price growth. In Málaga, investors appreciate the affordability and development potential of the region, especially in the tourist areas.

In the end, the choice between Barcelona and Malaga depends on your individual needs and strategies. Both cities offer unique opportunities for successful investments.

Frequently Asked Questions

Estepona and Marbella, thanks to its picturesque beaches and luxury real estate.

About 3,200 euros.

It is expected to grow by 5-7% by 2025.

The property transfer tax is about 10%.

Resort atmosphere, mild climate and affordable prices.

High, especially in tourist areas.

High, thanks to affordable prices and infrastructure development.

Improved infrastructure increases the attractiveness of regions.

Taxes, legal services and paperwork.

High in tourist areas and resort areas.

Which neighborhoods in Málaga are popular for buying real estate?

Estepona and Marbella, thanks to its picturesque beaches and luxury real estate.

What is the average cost per square meter in Málaga?

About 3,200 euros.

What is the upside potential for real estate prices in Málaga?

It is expected to grow by 5-7% by 2025.

What are the taxes when buying a property in Malaga?

The property transfer tax is about 10%.

What attracts investors to Málaga?

Resort atmosphere, mild climate and affordable prices.

What is the demand for rentals in Málaga?

High, especially in tourist areas.

What are the prospects for long-term investment in Málaga?

High, thanks to affordable prices and infrastructure development.

How does the transportation infrastructure affect the real estate market in Málaga?

Improved infrastructure increases the attractiveness of regions.

What are the additional costs when buying real estate in Málaga?

Taxes, legal services and paperwork.

What is the level of real estate liquidity in Málaga?

High in tourist areas and resort areas.

    Find the best properties - just fill out the form

    By clicking the "Submit" button, you agree to the site's privacy policy

    Contacts

    Do not miss the start of sales of residential complexes at the best price
    Subscribe to a group on WhatsApp

    Leave a request

    Please fill in the phone number in international format

    Didn't find what you were looking for?

    Answer 4 questions (it will take 30 seconds) - get an individual selection of relevant real estate objects + Guide " How to choose a property abroad”

    Interesting? Click " Start selection”

    Start selection process

    Or just email us at WhatsApp - our specialists will answer all your questions

    Didn't find what you were looking for?
    Answer 4 questions - get a personalized selection of objects for you
    Start selection process
    en_USEnglish