Pablo Picasso died 50 years ago, at the age of 91. Spain and France, the two countries in which the artist spent the majority of his long and productive life, have been hosting a series of exhibitions, events and initiatives throughout the year to celebrate his extraordinary legacy. But what of the places that inspired Picasso most?
The artist who famously said he would like to “live as a poor man with lots of money” gravitated to some of the most beautiful areas of the Mediterranean and lived in a handful of exquisite homes. While his footprint is celebrated in each, they are all popular locations for international buyers, too.
In recent years, the city of Málaga, where Picasso was born, has become a popular cultural and business hub. From the winding streets and tapas bars of its historic centre to the contemporary shopping and dining at the new Muelle Uno, the gateway to the Costa del Sol has much to offer. Add to this its city beaches and international schools and it’s easy to see why 35% of buyers there are foreign nationals.
According to José Félix Pérez-Peña, head of Savills Andalusia, the average price of new multi-family housing in the city stands at €3,969 per square metre, 18% higher than in 2022, yet still significantly more affordable than Barcelona or Madrid. In the central district – including Plaza de la Merced, where Picasso was born in 1881, at number 15 – apartments start at €5,847 per square metre, rising to €13,000 in the city’s most exclusive properties.