Almuñécar and Granada property prices in 2026: what the data says

Property prices in southern Spain have risen sharply in recent years. But how fast, and how much do the sources agree? We compared official statistics with market data, from the national level down to Almuñécar’s Cotobro district. All figures are from 2026 unless stated otherwise.

1. Almuñécar: the key figures

Source: RealAdvisor, October 2026.

• Average price in Paseo de Cotobro: €3,847 per m² (range €2,756 – €4,604)
• Last 12 months: houses +8.8%, apartments +11.2%
• Last 5 years: houses +54.7%, apartments +73.7%
• Apartments by period: 3 months +2.6% | 6 months +5.4% | 1 year +11.2% | 2 years +26.7% | 3 years +45.8% | 4 years +58.6% | 5 years +73.7%
• Almuñécar rose slightly faster than Granada province as a whole.

2. The official picture: Spain and Andalusia

• INE (Spain’s national statistics office), Q2 2026: housing prices rose 12.2% year on year across Spain, and 11.9% in Andalusia. INE measures real sale prices.
• Idealista, Q2 2026: asking prices for second-hand homes rose 15.8% year on year in Spain and 16.6% in Andalusia. Asking prices are what sellers ask, not what buyers pay, so they usually rise faster.

3. Granada city and province

Source: Tinsa IMIE valuation index, reported by thinkSPAIN (last updated 17 September 2026). Note: these figures are for Granada city and province, not for Almuñécar or the coast.

• Granada city: €2,258 per m² in Q1 2026, up 11.76% year on year
• Granada province: €1,467 per m², up 16.36% year on year (lower base, faster growth)
• A typical 90 m² flat costs around €203,000 in the city and around €132,000 across the province
• At the end of 2025, Tinsa ranked Granada among Spain’s fastest-growing provincial capitals at 14.1% annual growth, behind Madrid (20.9%) and Valencia (17.5%)
• According to Spain’s Housing Ministry data cited by thinkSPAIN, Granada city recorded about 4,005 home sales in a 12-month period, more than at the 2006 peak
• Prices are still far below Madrid and Barcelona

4. How do the sources compare?

Takeaway: every source shows prices rising, mostly by roughly 9% to 17% a year. The exact number depends on the area, the period and whether the source measures asking prices, valuations or real sales.

5. Be careful with averages

• A regional average says little about one specific property. Condition, sea view, plot and exact location can move the value a lot.
• Price per m² depends on how area is measured: living area, terraces, garages and plot are often mixed. Always ask for the official built area (catastro).
• Growth figures from sellers or agents without a source are marketing, not data. Ask where they come from.
• The fastest years may not repeat. Apartment prices in Almuñécar rose only 2.6% in the last three months.
• Several sources here are commercial portals, not neutral institutions. Check the official INE and Registradores figures.

6. Budget beyond the price

According to thinkSPAIN, taxes, notary, registry and legal fees typically add 10% to 15% to the purchase price. Non-resident buyers should expect Spanish banks to ask for a larger deposit, generally 30% to 40%. Always get independent legal advice.

Our conclusion

The data supports a clear upward trend in Almuñécar, Granada and Andalusia. But growth rates differ per source, and averages do not value a single property. Compare several sources and get an independent valuation before you buy.

Disclaimer: this article is for information only and is not financial, legal or investment advice.

Sources

1. RealAdvisor, Paseo de Cotobro, Almuñécar, consulted 10 October 2026
2. INE, Índice de Precios de Vivienda, Q2 2026
3. Idealista, price reports, Q2 2026
4. thinkSPAIN, Tinsa IMIE figures for Granada, updated 17 September 2026
5. Fotocasa, price index, Almuñécar, May 2026
6. Spanish Property Insight, Almuñécar asking prices, 2024