Ojén Property Prices, Rents & Rental Yields

About Ojén

Set in the foothills above Marbella, Ojén combines mountain scenery, whitewashed streets, and quick access to the Costa del Sol. For apartments, that position keeps the town closely tied to coastal living while retaining a more sheltered, village-scale setting.

September 2026 brings the clearest signal in the apartment market: rental growth is outpacing sale-price movement. The average rent has reached €4,100, up 2.5% month on month and 26.2% year on year, while the average sale price is €499,950, unchanged from the previous month and down 1.0% over 12 months. That split points to stronger upward pressure on income than on headline capital values.

The pricing mix adds another layer to the story. Average apartment values stand at €3,690 per square metre, up 1.1% month on month and 0.8% year on year, which suggests only modest appreciation at the unit level. Against that backdrop, the reported yield of 10.65% looks prominent, especially as the rental side continues to move faster than the sales side. For investors watching Ojén this month, the tension is straightforward: rental gains are improving the income case, but sale prices are not rising at the same pace.