Nerja Real Estate Market Trends: Why Prices Are High & What It Means for Buyers & Sellers
- nerjawithsanna
- Feb 20
- 3 min read
We analyzed 180 properties in Nerja, and here’s what we uncovered about the current real estate market trends, the lack of available properties, and how it affects both buyers and sellers.
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The Market Situation: Lack of New Listings & Rising Prices
After analyzing 180 properties currently on the market, we noticed a clear trend: many real estate agencies are struggling to list new resale properties. Instead, a significant portion of available listings are new developments, which is not where most buyers are focusing right now.
Why is this happening?
Many homeowners are holding onto their properties, waiting for even higher prices.
Nerja is a place where people buy for themselves, which means they tend to keep what they buy.
New developments take longer to sell, and agencies face long commission payback periods—sometimes over two years.
Demand remains strong, but the number of available resale properties is low.
This has led to an overall increase in property prices per m², often exceeding €5.000/m² in some areas. If we compare this to historical data from Idealista, we see that prices are now significantly above the average that in January was €3.423/m²:
What This Means for Buyers
If you’re looking to buy in Nerja, you need to be aware that many listings are overpriced compared to historical trends. With prices reaching €5,000/m² or more, many properties have what we call “air in the price”—inflated asking prices that don’t always reflect actual value.
For example, if a property is listed at €450,000, in many cases, a fair price might be closer to €380,000–€390,000. However, successfully negotiating this kind of discount requires:
Deep market knowledge
Strong negotiation skills
Understanding of the seller’s position
This is where our expertise at NerjaWithSanna.com comes in. We know the market, we track prices daily, and we’ve successfully negotiated major discounts for our clients.
Looking for expert negotiation help? Get in touch with us here.
What This Means for Sellers
If you’re thinking about selling, now is a fantastic time. Prices are high, demand is strong, and with spring approaching, more buyers will be in town looking for their dream property.
Why is spring a key season?
Many potential foreign buyers are in town while enjoying the vacations also thinking about that long-cherished dream of buying a second home in this beautiful place.
Spring and Autumn are always the most active time for property transactions in Nerja.
Higher demand means you can achieve top market prices if positioned correctly.
However, just because prices are high doesn’t mean every property will sell at inflated levels. The key is proper pricing and expert negotiation, ensuring you attract serious buyers without scaring them away with unrealistic numbers.
Thinking of selling? Let’s talk. Click here to contact us.
Final Thoughts: Why Expertise Matters in This Market
With few properties available and high asking prices, both buyers and sellers need professional guidance more than ever. Whether you're trying to negotiate a fair deal or sell for the best possible price, understanding the market dynamics is essential.
At NerjaWithSanna.com, we:
Analyze real-time market data to identify true property values.
Negotiate aggressively to get our buyers the best deals.
Position sellers strategically to ensure quick, high-value sales.
Want to work with experts who truly know the Nerja market? Contact us today.
