2 Nov, 2023 @ 12:18
1 min read

Revealed: These two cities have the wealthiest residents in Malaga province – and Marbella is NOT one of them

Rincon De La Victoria
Three municipalities in Spain’s Malaga to cut off water supply to beach showers due to severe drought

NEW figures have shined a light on where the wealthiest people choose to make their home in Malaga province.

While it’s no secret the wealthy like to work, play and live in Marbella, the popular holiday destination is not at the top of the list this year – in fact it’s not even second.

According to statistics published by the National Institute of Statistics (INE), the richest families reside in Alhaurin de la Torre and Rincon de la Victoria.

In the former, the average net income per household was €35,562 in 2021, the latest year that figures are available, while in the latter it was €34,365.

Meanwhile in Marbella, which had topped the list in previous years, the average income was just below €30,000.

Alhaurin and Victoria are closer to Malaga city, which is growing as business and tech hub.

It means they are both attractive options for workers who tend to earn more in such industries compared to the average person.

The figures show, however, that Malaga is the seventh poorest province in Spain in terms of per capita income.

The average person in the province earns just €10,929.

Laurence Dollimore

Laurence Dollimore is a Spanish-speaking, NCTJ-trained journalist with almost a decade’s worth of experience.
The London native has a BA in International Relations from the University of Leeds and and an MA in the same subject from Queen Mary University London.
He earned his gold star diploma in multimedia journalism at the prestigious News Associates in London in 2016, before immediately joining the Olive Press at their offices on the Costa del Sol.
After a five-year stint, Laurence returned to the UK to work as a senior reporter at the Mail Online, where he remained for two years before coming back to the Olive Press as Digital Editor in 2023.
He continues to work for the biggest newspapers in the UK, who hire him to investigate and report on stories in Spain.
These include the Daily Mail, Telegraph, Mail Online, Mail on Sunday and The Sun and Sun Online.
He has broken world exclusives on everything from the Madeleine McCann case to the anti-tourism movement in Tenerife.

GOT A STORY? Contact newsdesk@theolivepress.es or call +34 951 273 575 Twitter: @olivepress

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