If you walk through the streets of Málaga today, looking up often reveals a skyline punctuated by cranes. For years, locals witnessing the urban shift and touristification of areas like Pozos Dulces have whispered about a saturation point—a moment when the sheer volume of visitors might finally plateau. Yet, the investment reality tells a starkly different story. Far from bursting, the hotel bubble in Málaga is calcifying into something more permanent and decidedly more opulent.