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Estepona · report

Past price cycles in Estepona

Appraised values have fallen by 3% or more 5 times since 2005. The deepest began in Q2 2008.

Deepest fall
−55.7%
Recovery from the low
147 months

Prices in Estepona and in Spain, indexed

Appraised values, both set to 100 in Q1 2005.

  • Estepona
  • Spain
  • 100 = Q1 2005
Show the numbers
PeriodEsteponaSpain
Q2 2026151.7139.7
Q1 2026151.5137.4
Q4 2025147.3132.3
Q3 2025139.1127.8
Q2 2025135.3124.2
Q1 2025126.2120.6
Q4 2024121.9117.0
Q3 2024117.6114.0
Q2 2024115.8112.5
Q1 2024109.0110.7
Q4 2023101.2109.3
Q3 2023101.3107.5
Q2 2023102.0106.4
Q1 202396.9106.1
Q4 202292.6103.8
Q3 202294.4103.2
Q2 202288.6103.3
Q1 202286.1102.9
Q4 202180.7100.5
Q3 202182.298.6
Q2 202177.497.9
Q1 202176.296.4
Q4 202077.696.3
Q3 202073.296.1
Q2 202073.895.5
Q1 202078.097.3
Q4 201973.798.1
Q3 201977.697.2
Q2 201975.397.2
Q1 201970.797.1
Q4 201871.596.0
Q3 201870.594.3
Q2 201868.094.2
Q1 201868.393.0
Q4 201762.892.5
Q3 201762.791.4
Q2 201761.490.8
Q1 201762.990.5
Q4 201659.089.7
Q3 201656.989.0
Q2 201658.989.4
Q1 201658.688.5
Q4 201558.088.4
Q3 201558.087.6
Q2 201557.087.6
Q1 201556.286.5
Q4 201459.686.8
Q3 201456.686.4
Q2 201456.986.6
Q1 201457.986.6
Q4 201356.987.0
Q3 201359.488.7
Q2 201360.989.2
Q1 201356.290.0
Q4 201261.090.9
Q3 201264.392.9
Q2 201267.795.3
Q1 201272.097.9
Q4 201171.4101.0
Q3 201171.6102.6
Q2 201176.4104.0
Q1 201176.2105.5
Q4 201079.9108.3
Q3 201083.7108.7
Q2 201081.9109.7
Q1 201086.3110.7
Q4 200993.0112.3
Q3 200985.8112.5
Q2 200994.8114.0
Q1 2009104.4116.2
Q4 200898.5119.8
Q3 2008106.7122.7
Q2 2008126.8124.3
Q1 2008117.0124.7
Q4 2007117.4123.7
Q3 2007119.0122.3
Q2 2007109.3121.9
Q1 2007113.9120.1
Q4 2006107.4118.1
Q3 2006105.2116.1
Q2 2006112.5115.2
Q1 2006104.9112.0
Q4 200599.1108.2
Q3 2005108.0105.7
Q2 200595.9104.0
Q1 2005100.0100.0

Every fall of 3% or more

From the peak to the lowest month after it, and how long prices took to get back.

PeakLowFallMonths fallingMonths to recover
Q1 2005Q2 2005−4.1%33
Q3 2005Q4 2005−8.2%36
Q2 2006Q3 2006−6.5%36
Q1 2007Q2 2007−4.0%33
Q2 2008Q1 2013−55.7%57147

Spain against the EU since 2015

Eurostat's house price index for all dwellings, 2015 = 100. National figures, comparable across member states.

  • Spain
  • EU
  • 2015 = 100
Show the numbers
PeriodSpainEU
Q2 2026200.6168.6
Q1 2026194.1166.5
Q4 2025187.5164.6
Q3 2025184.1163.5
Q2 2025178.9161.0
Q1 2025172.0158.5
Q4 2024166.1156.2
Q3 2024163.1155.1
Q2 2024158.6152.7
Q1 2024153.2149.8
Q4 2023149.1148.9
Q3 2023150.7149.1
Q2 2023147.0148.2
Q1 2023144.0147.6
Q4 2022143.0148.7
Q3 2022144.2150.9
Q2 2022141.7149.6
Q1 2022139.1146.2
Q4 2021135.6143.2
Q3 2021133.9140.2
Q2 2021131.2136.0
Q1 2021128.1132.1
Q4 2020127.6129.8
Q3 2020128.6128.1
Q2 2020127.0126.3
Q1 2020126.9124.4
Q4 2019125.4122.7
Q3 2019126.3121.5
Q2 2019124.3119.8
Q1 2019122.9117.6
Q4 2018121.0116.8
Q3 2018120.5115.9
Q2 2018117.9114.2
Q1 2018115.0112.3
Q4 2017113.4111.2
Q3 2017112.4110.4
Q2 2017110.4108.8
Q1 2017108.2106.9
Q4 2016105.8106.1
Q3 2016105.4105.4
Q2 2016104.6103.8
Q1 2016102.7102.0
Q4 2015101.3101.1
Q3 2015101.3100.8
Q2 2015100.799.8
Q1 201596.798.3

Appraised values go back to 1995 for Spain, its regions and provinces, and to 2005 for municipalities over 25,000 inhabitants. They are quarterly, so falls are dated by quarter. A fall counts once values drop 3% below a peak, and ends when they are back at it.

Other reports for Estepona

At the average appraised value, a 90 m² home costs €316,656. With 10% down and a 30-year mortgage, the payment is €1,208 a month. Spain sets no cap on the payment; lenders must assess each borrower's solvency.

Payment, two incomes
41%
Payment, one income
81%

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.

Rent per month
€961
Owning per month
€1,120

Figures for Málaga province: Estepona 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.

Licensed, 12 months
9,653

Figures for Málaga province: Estepona 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.

Bought by buyers abroad, 12 months
27.5%

20.5% of the 50,366 homes counted in the 2021 census stood empty, whether for sale, to let or for other reasons.

Empty, 2021 census
20.5%
Empty homes
10,348