MERI 8.2 — High investment potential in Nerja
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Entry price
€160,000
Lowest market entry
Average price
€380,000
Typical transaction
Price per m²
€2,500–€6,000
Current range
Rental yield
4–7%
Gross annual yield
MERI score
8.2
Investment rating
Price trend
+6.8%
Steady growth
Nerja price analysis 2026
Nerja property prices have shown steady growth of +6.8% over the past year. Entry-level properties start from €160,000, with average transactions around €380,000. Price per square metre ranges from €2,500–€6,000, depending on area, building quality and proximity to key amenities.
Rental yields of 4–7% place Nerja among the competitive markets in the region. The MERI score of 8.2 reflects strong overall investment fundamentals.
Investment context
Nerja is a supply-constrained market where values are supported by physical scarcity. The building controls that prevent overdevelopment also mean property owners benefit from limited competition. Short-term rental demand is strong in summer but the distance from Málaga Airport (1 hour) limits year-round tourism compared to western Costa del Sol. The town attracts a loyal repeat-visitor base.
MERI 8.2 — High investment potential in Nerja
Find verified investment properties in Nerja
Matched to your budget · Financing options available · Free consultation
✔ Free & no obligation
✔ Verified properties only
✔ Financing options available