Mijas Property Prices, Rents & Rental Yields

About Mijas

Mijas combines hillside views, coastal access, and a setting that sits between Málaga’s urban corridor and the Costa del Sol’s established holiday economy. For apartment investors, that mix keeps it relevant across both lifestyle and rental-led strategies.

September 2026 brings the clearest signal of the month: prices are still moving up, while rental growth is softer. The average apartment sale price in Mijas stands at €370,000, after a 1.4% monthly rise and a 10.4% increase over the year. On a per-square-metre basis, the market is at €3,700, also up 1.4% month on month and 8.8% year on year, which confirms that value gains are still being priced into the market.

The tension for investors is that rents have not kept pace in the same way. The average apartment rent is €1,410, down 5.8% from the previous month, though still 2.0% higher than a year ago. That leaves the current yield at 5.13%, a level that still offers income support, but one that now has to be weighed against faster capital growth than rental growth.