Torremolinos Property Prices

How we measure prices here

The figures in this analysis are medians drawn from active asking-price listings in Torremolinos as of October 2026. Median is the midpoint of the range: half the properties ask more, half ask less. It gives a clearer picture of the typical asking price than a simple average, which can be pulled upward by a handful of high-end outliers. In Torremolinos the median sits at €525k, while the average reaches €685k, a gap that reflects the presence of premium stock at the top of the market. These are advertised prices, not completed sale figures, so they represent what sellers and agents believe the market will bear rather than what buyers ultimately pay.

What the numbers say about Torremolinos

Torremolinos is built around apartments and penthouses, with a small but meaningful villa segment that skews the upper end. The median asking price stands at €525k, and the per-square-metre rate of €4,318 places it in the middle tier of the Costa del Sol. The interquartile spread runs from €370k at the lower quartile to €900k at the upper, a range that captures both compact beachside flats and larger detached homes on the hillsides above the coast. The entry point drops to €127k, while the ceiling reaches €2.65M, showing that the town accommodates both budget-conscious buyers and those chasing sea views with space. The bulk of the market sits below the million-euro mark, but the top quartile pulls the average well above the median.

Prices by property type

Apartments make up 64% of the advertised stock and carry a median asking price of €450k, which sits above the town-wide median. At €4,468 per square metre, they command a premium over other formats, reflecting their concentration along the beachfront and in the central grid. Most buyers looking at Torremolinos will be looking at apartments, and the numbers reflect that dominance.

Penthouses account for 14% of listings and ask a median of €793k, sitting above the overall rate. At €5,499 per square metre, they are the most expensive format by area, a function of rooftop terraces and unobstructed views. The penthouse segment is small but consistent, appealing to buyers who want the apartment lifestyle with outdoor space.

Townhouses represent 9% of the market, with a median of €475k and a per-square-metre rate of €3,426, sitting below the town median. They offer more floor area than most apartments at a lower cost per square metre, though they tend to be set back from the seafront in residential pockets inland.

Villas make up 13% of stock and ask a median of €1.08M, sitting below the overall median but costing more than two times what apartments do in absolute terms. At €3,462 per square metre, they are the cheapest format by area, a reflection of larger plots and locations further from the beach. The villa market in Torremolinos is narrow, and buyers in this segment are typically looking at hillside plots with privacy rather than proximity to the promenade.

How Torremolinos compares

Torremolinos sits in the middle of the Costa del Sol price ladder. Nearby Benalmádena and Estepona command higher per-square-metre rates, while Sotogrande, Nerja and Mijas come in lower. The town offers a balance between accessibility and beachfront density, without the premium attached to Marbella or the quieter, more remote feel of towns further east. Buyers willing to move inland or toward the edges of the municipality will find lower asking prices, but the core beachfront zone holds its value. The spread within Torremolinos itself is wide enough to accommodate both entry-level flats and detached homes with gardens, though the latter are a small minority of what comes to market.

How to read these figures as a buyer

The interquartile range from €370k to €900k tells you that the middle half of the market spans a broad spectrum, from modest one-bedroom flats to three-bedroom penthouses or townhouses with outdoor space. If your budget sits below €370k, expect smaller units or locations away from the beach. Above €900k, you are looking at penthouses, larger villas or premium beachfront apartments. The dominance of apartments and penthouses means that buyers seeking detached homes will have fewer options and will need to accept either a higher price or a location further from the coast. The per-square-metre gap between villas and apartments reflects not just size but also setting: villas buy you land and separation, apartments buy you location and lower maintenance. Remember that these are asking prices. Sellers in Torremolinos, as elsewhere, often price optimistically, and the final sale figure will depend on negotiation, time on market and the condition of the property. Use these numbers as a starting point for understanding the structure of the market, not as a fixed guide to what you will pay.