1 Penthouses for sale in Nerja

Penthouses for sale in Nerja, from new builds to resale properties. Compare prices, sizes and locations with expert local advice.

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Property for sale in Nerja

Nerja anchors the eastern Costa del Sol, the Axarquía, with a character quite different from the western resorts: whitewashed streets, dramatic cliffs and coves, and the famous Balcón de Europa lookout over the sea. It has long been popular with buyers seeking an authentically Spanish coastal town that has resisted high-rise overdevelopment.

Property ranges from townhouses and apartments in and around the old town to villas with sea views in the surrounding hills and along the coast towards Maro. Prices are typically lower than the western coast, and the area appeals strongly to those wanting charm, scenery and a slower pace within an hour of Málaga.

Nerja property market overview

For sale

Median price

499.000 €

Price range

385.000 € to 789.000 €

Median price / m²

4.005 €

Property types available

Villas (3)from 499.000 €Penthouses (1)from 385.000 €Apartments (1)from 398.000 €

Market data updated September 15, 2026.

Living in Nerja

Nerja's appeal is its scenery and authenticity: the Balcón de Europa, a string of small coves and beaches, and the mountains of the Sierra Almijara rising behind. The famous Nerja Caves are on the doorstep, Málaga and its airport are about an hour west, and the town keeps a genuine year-round Spanish life.

Frequently asked questions about property in Nerja

How is Nerja different from Marbella?+

Nerja sits on the quieter eastern Costa del Sol and has a more traditional, low-rise Spanish character, with dramatic cliffs and coves rather than large resort marinas. Prices are generally lower than the western coast.

How far is Nerja from Málaga airport?+

Nerja is roughly an hour's drive east of Málaga-Costa del Sol airport along the coastal motorway.

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