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The figures side by side

MeasureVélez-Málaga
Price per m²—
Change in a year—
Change in five years—
Affordability
Payment, two incomes33%
Payment, one income67%
Buy or rent
Rent per month€722
Owning per month€888
New homes
Licensed, 12 months9,653
Foreign buyers
Bought by buyers abroad, 12 months27.5%
Past cycles
Deepest fall−54.8%
Recovery from the low126 months
Empty homes
Empty, 2021 census8.2%
Empty homes4,123

Each place's own figures where it has them; a dash means there is none. Prices are asking prices where a place has them, and bank valuations otherwise.

Every report

Affordability

  • Vélez-Málaga

    At the average appraised value, a 90 m² home costs €250,956. With 10% down and a 30-year mortgage, the payment is €957 a month. Spain sets no cap on the payment; lenders must assess each borrower's solvency.

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Buy or rent

  • Vélez-Málaga

    Renting a 90 m² home costs less each month than owning it. Owning counts interest, running costs and the return the deposit could earn, at the appraised value; rent is the mean of new leases. Repaying the loan is saving, so it is left out.

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New homes

  • Vélez-Málaga

    Figures for Málaga province: Vélez-Málaga has no reliable figures of its own.

    25.1% more homes were licensed for construction in the last 12 months than in an average year of the past decade.

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Foreign buyers

  • Vélez-Málaga

    Figures for Málaga province: Vélez-Málaga has no reliable figures of its own.

    Buyers living abroad bought 27.5% of the homes sold here in the four quarters to Q2 2026.

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Past cycles

  • Vélez-Málaga

    Appraised values have fallen by 3% or more once since 2005. That fall began in Q1 2007.

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Empty homes

  • Vélez-Málaga

    8.2% of the 50,454 homes counted in the 2021 census stood empty, whether for sale, to let or for other reasons.

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