Mojácar Property Prices, Rents & Rental Yields

About Mojácar

Mojácar, in Almeria province, blends hillside whitewashed streets with coastal apartment living on Spain’s southeast Mediterranean shore. Its setting gives the town a distinctive appeal for buyers looking at a compact market with sea views, village character, and a year-round coastal backdrop.

September 2026 brings the clearest signal yet: prices are still moving higher, but the rental side is not keeping pace. Apartments now average €239,000, after a 3.9% month-on-month increase and a 19.5% rise over the year. At the same time, the average rent sits at €800, down 5.9% from August and unchanged year on year.

That gap matters for yield. The current gross yield stands at 4.19%, while the average price per square metre has reached €2,850, up 2.7% in the month and 20.9% over 12 months. For investors, the market note is less about a broad acceleration than about a steady squeeze: capital values are advancing faster than rental income, which keeps the income case more measured even as ownership costs climb.

In practical terms, Mojácar’s apartment market in September reads as a place where recent price gains have been solid, but the rental line has paused. That combination can support long-term capital-value narratives, yet it also suggests that new entries need to be underwritten with care rather than assuming rent growth will immediately match the rise in purchase prices.