Municipality · Málaga

Investing in Frigiliana: 8 €/m²/month in rent and 3.6% gross yield

Buying in Frigiliana costs 2,477 €/m² on average and renting goes for 8 €/m² a month, leaving a gross yield of 3.6% before costs and taxes. It falls somewhat below the Spanish average (4.2%), with purchase prices above the Spanish average.

8 €/m²/monthRent90 m² home: €676/month
2,477 €/m²Purchase90 m² home: €222,930
3.6%Gross yieldAnnual rent over purchase price
97/100Momentum50 = flat market
The map

Frigiliana within Málaga

Where the municipality sits and how it compares with its neighbours.

Málaga · 3.5% gross yieldMarbella · 2.7% gross yieldMijas · 3.1% gross yieldVélez-Málaga · 3.3% gross yieldFuengirola · 3.1% gross yieldEstepona · 2.9% gross yieldBenalmádena · 3.3% gross yieldTorremolinos · 3.2% gross yieldRincón de la Victoria · 3.2% gross yieldAlhaurín de la Torre · 3.8% gross yieldAntequera · 4.1% gross yieldRonda · 3.7% gross yieldCártama · 3.8% gross yieldAlhaurín el Grande · 3.8% gross yieldCoín · 3.6% gross yieldNerja · 3.4% gross yieldTorrox · 3.6% gross yieldManilva · 3.4% gross yieldÁlora · 4.4% gross yieldPizarra · 3.9% gross yieldBenahavís · 2.8% gross yieldCasares · 2.9% gross yieldCampillos · 4.4% gross yieldArchidona · 4.1% gross yieldAlgarrobo · 3.9% gross yieldMollina · 4.4% gross yieldVillanueva del Trabuco · 4.3% gross yieldAlameda · 4.4% gross yieldOjén · 3.1% gross yieldAlmogía · 4.3% gross yieldCasabermeja · 4.1% gross yieldVillanueva de Algaidas · 4.2% gross yieldArriate · 4.4% gross yieldCómpeta · 4.0% gross yieldTeba · 4.5% gross yieldCuevas de San Marcos · 4.6% gross yieldColmenar · 4.6% gross yieldVillanueva del Rosario · 4.4% gross yieldSierra de Yeguas · 5.1% gross yieldHumilladero · 4.4% gross yieldPeriana · 3.9% gross yieldVillanueva de la Concepción · 4.6% gross yieldBenamocarra · 4.3% gross yieldCortes de la Frontera · 4.3% gross yieldFuente de Piedra · 4.4% gross yieldMonda · 4.1% gross yieldRiogordo · 4.1% gross yieldYunquera · 4.4% gross yieldCasarabonela · 4.1% gross yieldAlcaucín · 4.0% gross yieldGuaro · 4.1% gross yieldArdales · 4.0% gross yieldValle de Abdalajís · 4.3% gross yieldAlozaina · 4.5% gross yieldViñuela · 4.2% gross yieldAlmáchar · 4.5% gross yieldAlmargen · 4.5% gross yieldCanillas de Aceituno · 4.2% gross yieldBurgo, El · 4.8% gross yieldIstán · 3.6% gross yieldSayalonga · 4.1% gross yieldGaucín · 4.3% gross yieldCuevas del Becerro · 4.2% gross yieldCañete la Real · 4.5% gross yieldBenamargosa · 4.3% gross yieldBenaoján · 4.4% gross yieldVillanueva de Tapia · 4.3% gross yieldComares · 4.1% gross yieldCuevas Bajas · 4.6% gross yieldArenas · 4.2% gross yieldMoclinejo · 4.2% gross yieldAlfarnate · 5.0% gross yieldBorge, El · 4.4% gross yieldMontejaque · 4.4% gross yieldIznate · 4.3% gross yieldAlgatocín · 4.9% gross yieldCanillas de Albaida · 4.1% gross yieldCarratraca · 4.7% gross yieldTotalán · 4.4% gross yieldSedella · 4.6% gross yieldCútar · 4.5% gross yieldJubrique · 4.6% gross yieldMontecorto · 5.1% gross yieldMacharaviaya · 4.3% gross yieldTolox · not enough dataIgualeja · not enough dataBenalauría · not enough dataBenarrabá · 5.0% gross yieldSerrato · 5.5% gross yieldÁrchez · 4.2% gross yieldJimera de Líbar · not enough dataAlfarnatejo · 4.9% gross yieldGenalguacil · 4.3% gross yieldFaraján · 5.0% gross yieldPujerra · 4.6% gross yieldParauta · 4.8% gross yieldAlpandeire · 5.1% gross yieldCartajima · 4.8% gross yieldBenadalid · 4.5% gross yieldJúzcar · 4.8% gross yieldSalares · 5.0% gross yieldAtajate · 4.3% gross yieldFrigiliana · 3.6% gross yield Frigiliana3.6%Antequera4.1%Ronda3.7%Málaga3.5% Frigiliana3.6%Antequera4.1%
Gross yield < 3%3–4 %4–5 %5–6 %≥ 6% sin datos

Administrative boundaries from the Spanish National Geographic Institute (CC BY 4.0). The Canary Islands are drawn shifted, as on any map of Spain.

The verdict

What the analysis sees

The specific signals the official data leaves about this market, before going into detail.

On gross yield it ranks 82 of 99 among the municipalities of its province.

Frigiliana has 3,383 residents, an average gross household income of €23,860 a year, an approximate unemployment rate of 13% (above the Spanish average). These are signals of how deep housing demand runs, not of the risk of any one tenant.

In favour

  • Momentum 97/100Appraised prices, rents, transactions and population are all rising in the latest data.
  • 6.8 transactions per 1,000 residentsA market with high turnover: reselling is easier than the national average.
  • Net migration of 25.7‰More people arrive than leave, above the Spanish average: sustained housing demand.

Against

  • Rent burden of 34%Renting a 90 m² home takes that share of gross household income; above 30% there is limited room for rents to rise.
  • Approximate unemployment of 13%Above the Spanish average: this is market context, not a measure of tenant risk.
The market

What it costs and what it earns

The market level in Frigiliana and what it means for a buy-to-let buyer. Per-m² figures are converted to a reference home of 90 m².

27.5 yearsPrice / Rent (PER)Years of rent to pay off the purchase
9.3 yearsAffordabilityHousehold incomes to pay for 90 m²
34%Rent burdenAnnual rent as a share of household income
0.60%Urban IBIRate approved by the town hall
2,477 €/m²Purchase price
Spain 2,028 €/m² €/m² of transactions, population-weighted average
8 €/m²/monthRent
Spain 7 €/m² €/m² a month, population-weighted average
3.6%Gross yield
Spain 4.2% annual rent over purchase price, before costs
The comparison

Where it stands against the rest

Frigiliana's percentile among the municipalities with enough data, computed on the same figure for all of them.

Gross yield3.6%
12
PeorMedianaMejor
Rent level8 €/m²/month
96
PeorMedianaMejor
Momentum97/100
94
PeorMedianaMejor

Within Málaga it ranks 82 of 99 on gross yield.

The demand

Demand, employment and liquidity

The structural depth of the market: how many people live here, what they earn, how much changes hands and what stress it carries. This is market context, never a measure of tenant risk.

6.8Market turnover
Spain 3.3 transactions a year per 1,000 residents · more turnover, easier to resell
13%Unemployment (approx.)
Spain 11% registered unemployed over unemployed + social security contributors
€23,860Gross household income
Spain €31,185 annual income tax returns (AEAT), population-weighted territorial average
25.7‰Net migration
Spain 12.8‰ arrivals minus departures from abroad per 1,000 residents
0.6Repossession pressure
Spain 0.55 housing repossessions per 1,000 dwellings of the provincial stock · 2025

Repossessions are a provincial figure (INE): they describe the market in Málaga, not this municipality alone.

The costs

Municipal costs and taxes

What the town hall and the cadastre set for this municipality, which is what the owner pays every year whether it is let or not.

0.600%Urban IBI rateApproved by the town hall
2003Last cadastral revisionThe older it is, the more outdated the cadastral value
€669/yearIBI on a standard homeEstimated on 90 m² and the average cadastral value
The trend

How it has moved

Official series for Frigiliana over recent years. Where a series is missing, the municipality does not publish it.

Housing transactions

MIVAU · deals per year

−6.7% interanual
70 20112015201820222025 66 · 201166 · 201147 · 201247 · 201242 · 201342 · 201379 · 201479 · 201478 · 201578 · 201564 · 201664 · 201689 · 201789 · 201766 · 201866 · 201864 · 201964 · 201938 · 202038 · 202047 · 202147 · 202197 · 202297 · 202294 · 202394 · 202375 · 202475 · 202470 · 202570 · 2025

Registered unemployment

SEPE · yearly average

−5.6% interanual
153 20192021202320242026 278 · 2019278 · 2019314 · 2020314 · 2020294 · 2021294 · 2021216 · 2022216 · 2022217 · 2023217 · 2023192 · 2024192 · 2024162 · 2025162 · 2025153 · 2026153 · 2026

Average gross income

AEAT · annual tax return

+4.6% interanual
€23,860 20132016201820212023 €15,469 · 2013€15,469 · 2013€15,688 · 2014€15,688 · 2014€18,462 · 2015€18,462 · 2015€17,105 · 2016€17,105 · 2016€18,263 · 2017€18,263 · 2017€19,844 · 2018€19,844 · 2018€20,095 · 2019€20,095 · 2019€18,403 · 2020€18,403 · 2020€21,059 · 2021€21,059 · 2021€22,805 · 2022€22,805 · 2022€23,860 · 2023€23,860 · 2023

Registered population

INE · yearly population register

0.0% interanual
3,383 20112014201820222025 3,273 · 20113,273 · 20113,273 · 20113,273 · 20113,360 · 20123,360 · 20123,360 · 20123,360 · 20123,395 · 20133,395 · 20133,395 · 20133,395 · 20133,093 · 20143,093 · 20143,093 · 20143,093 · 20143,065 · 20153,065 · 20153,065 · 20153,065 · 20153,039 · 20163,039 · 20163,039 · 20163,039 · 20163,066 · 20173,066 · 20173,066 · 20173,066 · 20173,086 · 20183,086 · 20183,086 · 20183,086 · 20183,009 · 20193,009 · 20193,009 · 20193,009 · 20193,062 · 20203,062 · 20203,062 · 20203,062 · 20203,198 · 20213,198 · 20213,198 · 20213,198 · 20213,282 · 20223,282 · 20223,282 · 20223,282 · 20223,322 · 20233,322 · 20233,322 · 20233,322 · 20233,310 · 20243,310 · 20243,310 · 20243,310 · 20243,383 · 20253,383 · 20253,383 · 20253,383 · 2025

Net international migration

INE · immigration − emigration · yearly

+123.1% interanual
87 2021202220232024 98 · 202198 · 202164 · 202264 · 202239 · 202339 · 202387 · 202487 · 2024
Nearby

Alternatives in Málaga

Territories of the same level ranked by gross yield, to compare before deciding.

The method

How this page is calculated

Where each figure comes from, over which territory and from what date. Confidence measures data coverage, never investment quality.

Data coverage

90/100

What this page does not show is what is not published about the municipality, not a zero.

  • official rent series (SERPAVI)
  • series sufficient to measure momentum
  • official appraised value (MIVAU)
  • estimated market level
  • our own adverts

When each figure is from

This is the latest figure published by each source for this municipality.

rent
2025
sale
2025
household income
2023
population register
2025
registered transactions
2026Q1
registered unemployment
2026M06
MIVAUAppraised housing value and registered transactions
SERPAVIOfficial reference rent index
INEPopulation register, migration and repossessions
AEATAverage gross household income
SEPE and Social SecurityRegistered unemployment and contributions
CatastroCadastral value, age and IBI rate
InmobliaOur own catalogue of adverts, each with its investment score

An indicative statistical estimate for comparing markets, not an appraisal or an investment recommendation. Gross yield does not deduct costs, IBI, insurance, voids or taxes.