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Costa del Sol Property
Investment Report
What to weigh up before investing in Mijas: areas, rental strategy, licences, costs and taxes. A local advisor will contact you with the report and figures for your case.
By Ignacio Nayar (SolProp) · Last updated
Before You Invest
Four Questions That Decide the Numbers
Headline yields and growth rates circulate widely, but the figures that matter depend on the specific property. These are the factors we check with every investor.
Rental yield
Gross yields vary widely between areas and between holiday and long-term lets. We estimate them property by property, net of costs, rather than quoting an average.
Price trend
Prices on the Costa del Sol have risen in recent years, but past growth does not guarantee future growth. Ask us for recent comparable sales in the area you are considering.
Entry price
Mijas is generally more affordable than neighbouring Marbella. Indicative price ranges for each area are in our area guides.
Holiday-let licence
Holiday rentals need a tourist licence and must comply with regional and municipal rules, which have been tightening. Check the licence status before you buy.
The Opportunity
Why Invest in Mijas?
Mijas sits in a sweet spot for property investors: strong tourist demand, a large resident expat community that rents year-round, and prices that remain well below neighbouring Marbella.
Its location between Fuengirola and Marbella, 25–35 minutes from Málaga airport, keeps demand broad: holidaymakers, remote workers and families relocating from abroad.
Short-term rental rules have become stricter in Andalusia and many municipalities. Licensed properties in good locations are in demand, but always verify the licence and the community rules before buying with rental income in mind.
Whether you want rental income, a holiday home you also let, or long-term capital growth, the right choice depends on your budget and strategy. We help you compare real options.
No invented averages
We do not publish headline yield or growth figures without a source. Ask us and we will prepare figures based on real listings and recent sales for the area and property type you are interested in.
What We Cover With You
What You'll Learn
- 1Market overview for Mijas and its areas
- 2Mijas vs. Marbella vs. Fuengirola: how they compare
- 3Area-by-area breakdown (La Cala, Riviera, Pueblo, Costa)
- 4Short-term vs. long-term rental strategy
- 5New-build vs. resale: pros and cons
- 6Tax guide for non-resident property owners
- 7Residency options after the end of the Golden Visa (abolished 3 April 2025): non-lucrative and digital nomad visas
- 8Property management costs and service providers
Frequently Asked Questions
Is Mijas a good place to invest in property?
Mijas is one of the largest and most diverse municipalities on the Costa del Sol, combining a strong international rental market with prices that are generally more affordable than nearby Marbella. Its mix of beach, golf and village locations gives investors a broad range of options.
Which areas of Mijas are best for investment?
Affordable coastal urbanizations like Riviera del Sol and Calahonda are popular for rental yield, while La Cala de Mijas and golf communities such as Mijas Golf and La Cala Golf attract buyers seeking strong demand and quality. The best choice depends on your budget and strategy.
Can foreigners buy property in Mijas?
Yes. There are no restrictions on foreigners buying property in Spain. Buyers will need an NIE (foreigner identification number) and a Spanish bank account, and it is advisable to work with an independent lawyer throughout the purchase.
What costs are involved when buying property in Mijas?
In addition to the purchase price, buyers should budget for transfer tax or VAT, notary and land registry fees, and legal costs. As a general guide, these additional costs typically add around 10–13% on top of the property price; confirm exact figures with your lawyer.
Can I rent out my property in Mijas?
Yes. Mijas has strong demand for both holiday and long-term rentals thanks to its international community and tourism. Holiday rentals require a tourist licence registered with the regional authorities, so check the current rules before buying with rental income in mind.
Why invest in the Costa del Sol over other regions?
The Costa del Sol benefits from over 300 days of sunshine a year, an international airport at Málaga, established infrastructure and consistent demand from buyers and tourists across Europe. Mijas in particular offers this appeal at relatively accessible price points.
Request the Report
Leave your details and a local advisor will contact you with the report and figures for the areas you are interested in.