The price of properties in Nerja

The price of housing on the Costa del Sol varies depending on location, size, quality of construction and other factors. In general, the Costa del Sol is known for having higher housing prices than other parts of Spain due to its privileged climate, its beaches, its cultural and leisure offer, and its service infrastructure.

Some of the towns on the Costa del Sol have high prices like Nerja, all of them are tourist areas, Example: Marbella, Estepona, Benahavís and Mijas, known for their luxurious urbanizations, golf courses and marinas.

How much is a house in Nerja worth?

In Nerja we can find houses from €100,000. At this price we are talking about cheap options, one-bedroom apartments and studios, or houses to renovate.

The approximate prices to buy homes in Nerja may vary depending on the type of home and its characteristics, but in general you can find the following average prices:

• Apartments: Apartments in Nerja usually have an average price of approximately 150,000 to 300,000 euros, depending on their location, size, and amenities.
• Attached or semi-detached houses: attached or semi-detached houses in Nerja have an average price of around 250,000 to 400,000 euros, depending on their size, location and state of conservation.
• Villas: Villas in Nerja usually have an average price of approximately 400,000 to 800,000 euros or more, depending on their size, location and amenities (pool, sea views, etc.).< /li>

It is important to keep in mind that these prices are only approximate and may vary depending on the real estate market and the offer available at the time of purchase. It is recommended to consult with a Nerja real estate agent for more detailed and up-to-date information on property prices in Nerja.

Price of houses in Nerja

The price in recent years has been rising according to the idealista report. You can see here the evolution of prices for homes for sale in Nerja

Where to find cheap homes?

On the other hand, some of the towns where housing is cheaper on the Costa del Sol are Manilva, Casares, Coín and Alhaurín el Grande, which tend to have more affordable prices due to their location further from the coast and their less tourist development.

Antequera and Ronda are two of the most touristic cities with cheaper housing prices than in Nerja. But there are many towns in Malaga where we can find 3-bedroom houses for less than €50,000. Here are some examples:

Teba, Malaga: 100 square meter homes from 40,000 and 50,000 euros.

Alameda, Malaga: at 607 euros per square meter. Houses of 100 square meters from 48,000 to 55,000 euros.

Benaoján. In this small town we can find houses from 40,000 euros.

Cortes de la Frontera. We can find properties with more than 100 square meters from 32,000 to 43,000 euros.

Campillos; homes from 35,000 euros.

In these statistics we can see that the sale price is totally different from buying a home in Nerja, Torrox,Frigiliana or the most touristy towns on the Costa del Sol.

Prices to rent a house in Nerja

Here we have to differentiate between long-term rental or short-term rental. Long-term rental is the monthly rental to rent a house for months in Nerja or for years. And the short-term rental is the summer rental or vacation rental.

How much does long-term rental cost in Nerja?

The price of long-term rentals in Nerja varies depending on the type of accommodation. One-bedroom apartments usually have a price of approximately 600-800 euros per month. while apartments with two or more bedrooms can cost between 800-1200 euros per month. Everything will depend on the duration of the contract, the type of accommodation, and the guarantee or deposit provided when booking.

Many tourists also rent long-term apartments in Spain in winter. There are apartments in Nerja from €700/month for the winter months in Nerja. These winter rentals allow you to rent for 2 or 3 months. It is not necessary to rent for 1 year. And you can find special offers in tourist hotels and apartments. You can see Properties in Nerja winter rentals.

How much does a week’s holiday in Nerja cost?

As for short-term rentals in Nerja, prices also vary depending on the season. In low season, a one-bedroom apartment can cost around 300-500 euros per week, while in high season the price can reach 700-900 euros per week. For apartments with two or more bedrooms, prices are usually 500-800 euros per week in low season and 800-1200 euros per week in high season.

Booking an apartment directly with the owner is always cheaper than renting from travel agencies. You can look at the list of accommodations in Nerja.

Why is there such a price difference?

The price of housing on the Costa del Sol tends to rise due to tourist demand and foreign residents, which increases competition for quality properties in privileged locations. Furthermore, the quality of life offered by the Costa del Sol, with its sunny climate, clean beaches, gastronomic and cultural offerings, contributes to many people choosing to purchase a home in the area.

Among the good things found on the Costa del Sol are its temperate climate throughout the year, its beaches with crystal-clear waters, its Mediterranean cuisine, the diversity of landscapes and outdoor activities that can be done, as well as such as the cultural and leisure offer in its towns and cities. In addition, the Costa del Sol has excellent transport links, health and educational infrastructure, which makes it an attractive place to live or invest in property.