Mijas Property Market Report

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• About this report
• Mijas market share
• Mijas market overview: sales volume and price
• Supply, development and carrying costs
• Outlook
• Sources and basis

About this report

This report covers the residential market in the municipality of Mijas, from the beachside communities of La Cala de Mijas, El Chaparral and Calahonda up to Mijas Pueblo in the foothills of the Sierra de Mijas. It is published quarterly and compiled from completed, registered transactions rather than asking prices or listing counts.

Mijas market share

Mijas accounts for 100.0% of completed transactions across the areas covered, and remains the principal residential market of the group.

Source: Consejo General del Notariado, JUST Real Estate research.

Mijas market overview: sales volume and price

Mijas recorded 3,206 residential transactions in the twelve months to date, at an average declared value of €365,595 and an average of €2,975 per square metre. The average property transacted measured 123 square metres. These figures are drawn from deeds executed before a notary and therefore represent prices actually paid rather than prices sought. Resale property accounted for 79.5% of transactions against 20.5% for new build, transacting at €2,882 and €3,404 per square metre respectively. The premium commanded by newly delivered homes reflects modern specification, energy performance and turnkey condition, though the limited supply of completed units continues to restrict the share of activity they can represent. By property type, apartments represented 82.2% of transactions at €3,047 per square metre, with houses accounting for 17.8% at €2,810. The differential reflects both plot value and the relative scarcity of detached stock within established locations. On the supply side, 1,322 properties in Mijas are currently advertised through the networks we track, at a median asking price of €4,055 per square metre. Asking prices are not achieved prices and the two are not directly comparable, for the reasons set out below. €2,975 Achieved per m² notarial deed €4,055 Asking per m² our networks 3,206 Transactions rolling 12 months 1,322 Advertised now Mijas New Build vs Resale Share Share of residential transactions, rolling 12 months Resale (second-hand) New build 20.5% New build share · 658 transactions 79.5% Resale share · 2,548 transactions KEY TAKEAWAY Resale property accounts for 79.5% of completed transactions at €2,882 per m², against €3,404 for new build. The premium reflects specification and condition rather than location. Source: Consejo General del Notariado Mijas Achieved Price by Property Type Declared price per square metre and share of transactions KEY TAKEAWAY Apartments represent 82.2% of transactions and houses 17.8%. The differential in value per square metre reflects plot value and the relative scarcity of detached stock within established locations. Source: Consejo General del Notariado

Supply, development and carrying costs

Supply constraints continue to underpin values. Established prime locations remain largely built out, and licensing timeframes for new schemes have yet to improve meaningfully, which continues to restrict the volume of new homes reaching the market. Where demand remains resilient and quality stock is limited, pricing has held. Holding costs are frequently overlooked in purchase decisions. Across the 687 properties in Mijas that publish both a municipal property tax figure and a community charge, the median annual carrying cost is €26.71 per built square metre. No portal and no official body publishes this figure, and it varies widely between developments with comparable asking prices.

Why asking and achieved differ here. Our asking median runs 26.6% above the achieved figure. That is not a negotiating discount. The stock we track has a median 137 m² against an average 123 m² for what actually transacts, because the networks we hold are weighted towards the upper end of the market.

Outlook

For buyers, current conditions offer greater choice and more constructive negotiating circumstances than were available through the preceding two years. Extended decision-making periods have returned to the market, and well advised purchasers are able to transact without the urgency that characterised earlier phases of the cycle. For sellers, accurate pricing has become materially more important. Properties positioned correctly against genuine comparable evidence continue to attract committed interest, while those carrying optimistic expectations or requiring significant refurbishment are experiencing considerably longer marketing periods. For investors, the underlying fundamentals remain supportive. Structural constraints on new delivery within established prime locations, combined with sustained international demand, continue to underpin values in the segments where genuinely prime stock remains scarce.

Sources and basis

Every figure in this report is traceable to a single named source. Where two sources measure the same subject differently, both are shown and neither is averaged. Sources used in this report INE house price index (price change, Andalucía) INE rental index (rents, municipal) JUST unified database (supply, asking prices, carrying costs) Consejo General del Notariado (achieved deed prices) Land Registry via INE ETDP (transaction volumes) Source What it measures Basis Finest area Consejo General del Notariado Transactions and achieved price Declared deed price Postcode Land Registry via INE ETDP Registered transaction volumes Completed registrations Province INE, Índice de Precios de Vivienda Price change over time Index, quality adjusted Andalucía INE, Índice de Precios de Vivienda en Alquiler Rent change over time Index Municipality JUST unified database Supply, asking prices, carrying costs Advertised asking price Development Dirección General del Catastro Built area and year Legal cadastral record Individual property What this report does not claim. Our supply data covers two agency networks. Agencies outside them, private sales and bank stock are not visible to us, so no share-of-market figure is stated. A property leaving our database is not recorded as a sale. Notarial figures are a rolling twelve months, not a full year or a single quarter. The official price index is quality adjusted and reaches Andalucía only, so it cannot give a price per square metre for any municipality. A correction we expect to be making. The municipal figures for the first quarter of 2026 are still flagged provisional by the Ministry, and they look short. Summing every Málaga municipality for that quarter and dividing by the province’s own registered total gives 0.82, below all eighteen settled quarters since 2021, which run from 0.90 to 1.29 with a median of 1.04. On the province’s settled count Málaga fell 10.5 per cent year on year; on the sum of its provisional municipalities it fell 23.0 per cent. We read the difference as an incomplete return rather than a collapse, and we expect these municipal figures to be revised upward when the Ministry settles the quarter. We will report the outcome either way. Data vintage Each source publishes on its own schedule. The periods actually covered by this report are set out below, and no figure is presented as more current than its source allows. Source Published on Data reaches Period covered Basis Consejo General del Notariado 2026-07-22 2026-09-03 rolling 12 months rolling twelve months, updated monthly, no history published Supply data from week 2026-W31, 15,832 unique properties after cross-network deduplication. Notarial data covers 927 municipal records for Málaga province. This report has been prepared by JUST Real Estate for informational purposes only and does not constitute financial, legal or investment advice. While every effort has been made to ensure accuracy, JUST Real Estate makes no guarantees as to the completeness or reliability of the data or analysis contained herein. Market conditions are subject to change and past performance is not indicative of future results.

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