Benahavís Market Overview – September 2025

 

1. Residential Sale Prices

 

  • As of July 2025, the average asking price for residential property was approximately €5,646/m², representing a substantial 14.8% increase compared to July 2024 (€4,918/m²).

  • This has reached a peak in the two-year trend—July 2025 shows the highest levels recorded in that timeframe.

 

2. Price Variations by Zone

 

  • La Zagaleta – El Madroñal recorded the highest average sale price: €7,681/m².

  • The lowest average price appeared in Los Flamingos, at €5,029/m².

  • Other notable zones:

    • La Quinta: €6,365/m²

    • El Paraíso: €5,266m²

    • Los Arqueros–P. del Almendro: €5,056m²

    • Zona Benahavís: €5,098m²

    • Montemayor–Marbella Club: €5,392m²

 

3. House vs. Apartments in 2025

  

    • Apartments: ~€4,647/m², up 7.86% year-over-year.

    • Houses: ~€4,198/m², up 4.26% year-over-year.

 

4. Sales Volume Trends

 

  • Per July 2025 market data:

    • Benahavís saw a 20.52% decrease in sales, but this decline is attributed to limited new stock, not diminished buyer interest. Demand remains robust.

 

5. Broader Costa del Sol & Spain Context

 

  • Luxury market trend: Costa del Sol luxury homes (over €3M) increased 3.17% in 2024. The highest luxury-level values are in Benahavís, hitting €26.7M in top-tier areas.

  • Regional forecast: Analysts expect property prices across Costa del Sol to rise 5–8% in 2025.

  • National projection: BBVA forecasts a nominal housing price increase of ~4.7% in 2025; in real terms, excluding inflation, growth lies between 0.7%–1.6%

 

Summary Table – Price Comparisons

  

MetricValue (Approx.)Notes
Avg Sale Price (Jul 2025)€5,646/m²+14.8% vs Jul 2024
Apartment Avg Price (2025)€4,647/m²+7.86% YoY
House Avg Price (2025)€4,198/m²+4.26% YoY
Peak Zone (La Zagaleta)€7,681/m²Highest in Benahavís
Lowest Zone (Los Flamingos)€5,029/m²Lowest in July 2025
Sales Volume Change–20.52%Due to limited stock, not waning demand
Regional Price Growth Forecast5–8%Costa del Sol expectation for 2025
National Avg Price Growth~4.7% (nominal)Spain-wide projection

Interpretation & Outlook for September 2025

 

  • Prices remain strong: Residential asking prices continue to climb—with both apartments and houses seeing healthy YoY growth.

  • Top-tier exclusivity thrives: Districts like La Zagaleta–El Madroñal remain ultra-premium; buyers targeting these areas should expect some of the highest €/m² in the region.

  • Apparent slowdown in sales volume is stock-driven, not demand-driven. Buyers are still actively pursuing Benahavís properties—supply simply isn’t keeping pace.

  • Expectation of continued upward pressure: With Costa del Sol projected to grow 5–8% this year and Spain overall trending upward (4.7% nominal), Benahavís is likely to follow suit into autumn 2025.


Final Thoughts

 

September 2025 in Benahavís paints a picture of a resilient and high-demand market—marked by climbing € per m² values, tight inventory, and enduring buyer interest, particularly in the luxury segment. Market conditions favor sellers, yet opportunities still exist for discerning buyers who move swiftly and strategically.