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What is the richest area in Malaga?

Known along the Costa del Sol as having the 'richest town hall', it's no surprise that Benahavis is the richest town in Malaga province, with an average gross annual income of €28,428.



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Malaga EAST belongs to the most exclusive area of ??Malaga Capital. It limits to the west with the Historic Center of the city, to the south with the Mediterranean Sea, to the north with the Colinas del Limonar and Cerrado de Calderón, and to the east with the town of Palo and Lomas de San Antón.

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Málaga neighbourhood: La Malagueta With a 1,200m long beach spanning from Puerto de Málaga to Playa de La Caleta some call La Malagueta the best neighbourhood to live in Malaga. The area's located east of the Historic Centre and offers many luxurious hotels and beach bars for your downtime.

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According to the statistics, Madrid and Barcelona have the 10 neighbourhoods with the highest average net annual income per inhabitant in Spain, making Madrid and Barcelona the wealthiest cities in Spain.

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The Most Luxurious Places to Live in Spain
  • These are the 5 most coveted:
  • La Moraleja. This is an exclusive urbanization of 950 hectares located to the north of Madrid, specifically in the municipality of Alcobendas. ...
  • La Finca. ...
  • La Zagaleta. ...
  • Finca Cortesin. ...
  • Sotogrande. ...
  • Ciudad Diagonal.


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A family of four estimated monthly costs are 2,503.2$ (2,366.9€) without rent. A single person estimated monthly costs are 721.2$ (682.0€) without rent. Malaga is 52.2% less expensive than New York (without rent). Rent in Malaga is, on average, 76.2% lower than in New York.

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Calle Larios is the most emblematic, elegant and famous pedestrian street in Málaga.

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Málaga neighbourhood: La Merced La Merced, Málaga's trendiest area, is located northeast of the old town centre. Being an important part of Málaga's historical heritage, the neighbourhood of La Merced used to be Pablo Picasso's home! Hot Tip! You will find Picasso's statue on Plaza de la Merced.

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Golden Mile This is the most prestigious area in Marbella and is home to many of the town's most expensive properties, as well as top-notch restaurants and designer boutiques.

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Comunidad de Madrid registered the highest GDP per capita in 2021, with 34,821 euros per inhabitant. It was followed by País Vasco (32,925 euros) and Comunidad Foral de Navarra (31,024 euros).

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