Sun, sea, and Spanish sophistication-Málaga truly has it all. Once considered the gateway to the Costa del Sol, this dynamic city has grown into one of Europe’s most desirable destinations for living and investing. According to recent data from Idealista, property demand in Málaga surged by more than 15% in 2024, reflecting the increasing interest among international buyers who seek a mix of lifestyle, cultural vibrancy, and promising returns on investment.
In this 2025 Málaga City Living Buyer’s Guide, we explore everything you need to know before relocating or investing. From the most sought-after neighbourhoods and property-buying steps to the cost of living and lifestyle advantages, this guide will help you make an informed decision. Whether you are an investor, digital nomad, or retiree, Málaga offers an exceptional quality of life paired with solid real estate opportunities.
Why Choose Málaga for City Living in 2025
Málaga has become one of the most popular Spanish cities among expats and investors due to its unique combination of cultural richness, accessibility, and property value growth. Its cosmopolitan environment, influenced by centuries of history and artistic heritage, makes it an inspiring place to live. The city boasts world-class museums such as the Picasso Museum and the Centre Pompidou Málaga, along with a thriving dining and nightlife scene.
Connectivity is another major advantage. Málaga-Costa del Sol Airport links the city to more than 130 destinations worldwide, while its efficient rail and road networks make it easy to explore Andalusia and beyond. With more than 300 days of sunshine a year, outdoor living is a daily reality-from beach walks to mountain hikes. Property values continue to rise steadily, offering both lifestyle satisfaction and investment potential for buyers looking to secure assets in one of Spain’s fastest-growing markets.
The Best Neighbourhoods in Málaga City
Centro Histórico offers the best of urban living with its charming streets, boutique shops, and historic landmarks. It’s ideal for those who love being at the centre of cultural life.
Soho Málaga, known as the city’s creative quarter, appeals to professionals and artists alike, offering a modern, bohemian atmosphere filled with galleries, trendy cafés, and co-working spaces.
El Limonar and La Malagueta combine elegance and proximity to the beach. These neighbourhoods feature upscale apartments and villas, perfect for families or retirees seeking tranquillity close to the sea.
Teatinos is a modern, family-oriented area with excellent schools, parks, and transport links, making it one of the most convenient areas for long-term living.
Pedregalejo and El Palo retain their traditional Andalusian charm, offering a more relaxed seaside lifestyle while still being close to the city centre.
Buying Property in Málaga – Step-by-Step Guide
Understanding how to buy property in Spain is essential for a smooth experience. Foreign buyers must obtain an NIE (Número de Identificación de Extranjero) before completing any property purchase. It’s also recommended to work with an independent lawyer who can review contracts, verify property ownership, and manage communication with the notary.
The process typically begins with selecting your property, signing a reservation agreement, and then a private purchase contract before completing the final deed at the notary. Financing options are widely available, with Spanish banks offering mortgages to foreign buyers, usually covering up to 70% of the property’s value.
Buyers should also account for taxes and fees such as the Property Transfer Tax, notary fees, and legal costs, which can amount to around 10–12% of the purchase price.
Cost of Living in Málaga 2025
Málaga remains more affordable than Madrid or Barcelona, offering excellent value for money. Rent for a city-centre apartment averages around €1,000 per month, while utilities and groceries are reasonably priced compared to other European cities. Public transport is efficient and cost-effective, and healthcare services are of high quality.
For retirees or remote professionals, Málaga provides an ideal balance of affordability and quality of life. Dining out, leisure activities, and cultural events are accessible to a wide range of budgets.
Working and Doing Business in Málaga
Málaga is becoming known as Spain’s “Silicon Valley of the South”. The city’s Technology Park (PTA) hosts hundreds of companies and startups in tech, engineering, and innovation sectors. The rise of remote work has also made Málaga a hotspot for digital nomads seeking a sunny, connected base in Europe.
Entrepreneurs will find plenty of opportunities to start or expand businesses, supported by government incentives and a growing community of international professionals.
Education and Healthcare in Málaga
Families relocating to Málaga will find a wide selection of international and bilingual schools offering British and IB curricula. The University of Málaga provides higher education options with an international reputation.
Healthcare services are excellent, with both public and private systems available. Many expats choose private insurance for faster access and English-speaking doctors.
Lifestyle, Culture, and Things to Do
Málaga is alive with cultural energy all year round. From the Feria de Málaga in August to world-class art exhibitions, the city celebrates life through events and festivals. The local food scene combines traditional tapas bars with innovative fine dining, offering something for every palate.
Outdoor enthusiasts can enjoy beaches, sailing, hiking, or golfing, while history lovers will appreciate landmarks such as the Alcazaba and Gibralfaro Castle. Málaga’s lifestyle perfectly blends leisure, culture, and modern convenience.
Why Choose Eliasson Estates
Eliasson Estates stands out as one of the most trusted estate agencies in Costa del Sol, offering tailored property solutions backed by local expertise and international client understanding. With years of experience in Málaga’s real estate market, the agency provides a personalised approach to buying and selling property.
Their team combines market knowledge, innovative technology, and dedicated client support to ensure every step of your property journey is handled smoothly. Whether you are searching for a beachfront apartment, a modern family home, or an investment property, Eliasson Estates offers a curated portfolio and transparent guidance designed to help clients make informed, confident decisions.
FAQ
Is Málaga a good place to live for expats?
Yes, Málaga is one of Spain’s most expat-friendly cities. It offers a warm climate, modern infrastructure, and an active international community. English is widely spoken, making integration easier.
Can foreigners buy property in Málaga?
Absolutely. There are no restrictions on foreign property ownership in Spain. Buyers need an NIE number, a Spanish bank account, and a lawyer to facilitate the purchase process.
What are the main costs involved in buying property?
Expect to pay between 10–12% of the property price in taxes and fees. This includes the Property Transfer Tax, notary fees, registration, and legal services.
How is the property market performing in 2025?
Málaga’s property market continues to show steady growth, driven by high buyer demand, stable prices, and long-term investment confidence.
Conclusion
Málaga City combines history, modernity, and opportunity like few other European destinations. Whether you’re seeking a vibrant cultural lifestyle, a profitable investment, or a serene seaside retirement, Málaga offers it all in 2025.
Take the first step towards your new life in Spain, contact Eliasson Estates today to discover the best properties and expert guidance tailored to your goals.