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Nerja is made up of distinct neighbourhoods β each with its own price point, lifestyle profile and investment characteristics. Below we break down the key areas based on current market data and buyer activity in 2026.
Center / BalcΓ³n de Europa
Area 1
Walking distance to everything β highest demand, lowest supply, premium prices. Sea-view apartments are the most sought-after.
Burriana Beach
Area 2
Nerja's main beach β restaurants, beach clubs, strong summer rental demand. Mix of older apartments and some newer developments.
Maro
Area 3
Small village 3km east β quieter, cheaper, surrounded by protected natural park. Limited development, growing demand from buyers seeking tranquility.
Capistrano Village
Area 4
Established Scandinavian-influenced resort development β pool complexes, established community, good rental infrastructure.
Entry price
β¬160,000
Average price
β¬380,000
Price per mΒ²
β¬2,500ββ¬6,000
Rental yield
4β7%
MERI score
8.2
MERI 8.2 β High investment potential in Nerja
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