How Property Prices in Mijas Have Evolved: A Tale of Growth
Mijas real estate expert Star La Cala reveals the evolution of property prices in Mijas. Are you considering investing in real estate in Mijas, Spain?
This beautiful municipality, located on the Costa del Sol, offers a wide range of properties for sale. From charming villas in Mijas Pueblo to luxurious apartments in Mijas Costa, there is something for everyone. In this comprehensive guide, we will explore the current trends and prices in the Mijas real estate market, providing you with valuable insights to make an informed decision.
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Overview of Mijas Real Estate Market
Mijas is a popular destination for both locals and expats looking to buy or rent properties. Its strategic location, stunning landscapes, and vibrant communities make it an attractive choice. Before we delve into specific property prices, let's take a closer look at the municipality of Mijas.
Demographic and Socio-economic Aspects
Mijas is home to approximately 85,397 inhabitants. The population density is around 574 people per square kilometer. The average age in Mijas is 39.69 years. The municipality has a diverse population, with various age groups represented.
Total Dwellings
As of 2020, there were 50,270 dwellings in Mijas. These properties cater to different preferences and budgets, ranging from traditional Andalusian-style houses to modern apartments. Let's now focus on the primary keyword - Mijas real estate prices - and explore the trends in the housing market.
How Property Prices in Mijas Have Evolved
Understanding the current property prices is crucial when considering a real estate investment. In this section, we will analyze the average prices of residential properties in Mijas and identify any notable trends.
How Property Prices in Mijas Evolved: Average Price Sale (€/m²)
The average price per square meter for residential properties in Mijas has experienced fluctuations over the years. In February 2024, the average asking price for sale was €3,114 per square meter. This represents a significant increase of 22.84% compared to February 2023, where the average price was €2,535 per square meter.
Source: https://www.indomio.es/en/mercado-inmobiliario/andalucia/mijas/
It is interesting to note that the average price in Mijas reached its peak in February 2024, indicating a favorable market for sellers. However, it is essential to consider individual property characteristics and location when evaluating specific listings.
How Property Prices in Mijas Evolved: Average Price Rent (€/m²)
For those interested in renting a property in Mijas, the average price per square meter also experienced an upward trend. In February 2024, the average rental price was €13.34 per month per square meter, reflecting a 33.67% increase compared to February 2023 (€9.98 monthly per square meter).
Source: https://www.indomio.es/en/mercado-inmobiliario/andalucia/mijas/
Renting in Mijas offers a flexible option for those who prefer not to purchase a property. With the increasing rental prices, it is advisable to explore different neighborhoods and property types to find the best fit for your needs and budget.
Property Prices Trend in Mijas
To gain a deeper understanding of the property market in Mijas, let's explore the price trends over time. The following charts depict the average price per square meter for both sale and rental properties in Mijas.
One neighborhood in Mijas Costa (La Cala Golf-Lagar Martell) has exploded by 70% to €2,902 a sqm, while in Estepona, La Concha-Resina Golf has shot up 60% to €3,683 sqm.
Average Price Sale (€/m²) Over Time
The chart illustrates the fluctuation in average sale prices from 2016 to 2024. In February 2024, the average price reached €3,114 per square meter, indicating a steady increase over the years.
It is important to note that these trends provide a general overview of the market, and individual properties may deviate from the average.
Average Price Rent (€/m²) Over Time
The chart showcases the average rental prices from 2016 to 2024. In February 2024, the average rental price was €13.34 per month per square meter, reflecting an upward trend in rental costs.
These trends highlight the evolving nature of the Mijas real estate market. It is advisable to consult with a reputable real estate agency, such as Star La Cala, to navigate the market effectively and find the best property to suit your needs.
Prices per Square Meter in Different Zones of Mijas
Mijas is a diverse municipality with various neighborhoods, each offering a unique living experience. Let's explore the prices per square meter in different zones of Mijas to help you choose the right location for your real estate investment.
| Zones | Sale (€/m²) | Rent (€/m²) |
|---|---|---|
| Mijas Pueblo-Sierra | 3,329 | 12.25 |
| Mijas Costa | 3,345 | 13.7 |
| El Coto-Campo de Mijas | 2,673 | 12.41 |
| Las Lagunas | 2,608 | 11.55 |
| Mijas Golf-Cala Golf | 2,894 | 14.04 |
The table above provides an overview of the average prices per square meter in different zones of Mijas. Prices may vary within each zone, depending on factors such as property size, condition, and specific location. It is advisable to consult with a local real estate agency to gain deeper insights into each neighborhood's unique features and investment potential.
Choose Star La Cala for Your Mijas Real Estate Needs
When it comes to buying or renting a property in Mijas, it is essential to work with a reliable and experienced real estate agency. Star La Cala, a traditional family-run estate agent, has been operating since 1991 and is a registered GIPE estate agent.
With three branches in La Cala de Mijas, Mijas Golf, and Benalmádena Pueblo, Star La Cala offers a wide choice of properties and personalized services to cater to your specific requirements.
Contact Star La Cala today to embark on your Mijas real estate journey and find the perfect property that suits your lifestyle and investment goals.
Disclaimer: The information provided in this article is based on the reference articles and additional research. Prices and availability are subject to change. Please consult with a reputable real estate agency for the most up-to-date and accurate information.
Thank you for reading How Property Prices in Mijas Have Evolved: A Tale of Growth.
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