It’s October, and that means it’s time for the Q4 Mijas Costa property market update! 🍂
Click play on the video above to hear Keith from Target Property Spain share what’s really happening on the ground here on the Costa del Sol — from property prices and buyer trends to what’s driving demand as we head toward the end of 2025.
October is one of the best months of the year in southern Spain — warm weather, quieter beaches, and still-perfect swimming temperatures. It’s also one of the busiest months for new property listings, as many long-term owners decide to sell after enjoying one last summer holiday.
Latest Trends in the Mijas Costa and Costa del Sol Property Market
According to the latest notary data, property sales in Andalucía remain steady compared to last year, while average prices have risen by around 3% year-on-year. The market continues to show strong fundamentals — stable demand and steady price growth — though it’s now more balanced than during the post-pandemic surge.
Agents along the coast are reporting mixed conditions: some areas are still highly competitive, while others have cooled slightly. The reality depends on location, price range, and property type. Well-priced homes continue to sell quickly, while overpriced listings are being adjusted to meet current buyer expectations.
Buyer Behaviour: Relocation Demand Still Strong
One of the biggest ongoing shifts in the Costa del Sol real estate market is the type of buyer driving demand. Permanent relocation buyers now make up around 50% of sales, compared to just 10% pre-COVID.
These buyers are motivated by lifestyle rather than short-term headlines — looking for quality of life, sunshine, and a better work–life balance. Meanwhile, second-home and holiday buyers are being a little more cautious, influenced by global uncertainty and economic changes.
Seasonal Activity: Leads Rising Again
As always, summer brought a slowdown in enquiries — largely because of the unusually hot weather across Northern Europe. When the sun is shining at home, browsing for a property in Spain takes a back seat. But now, as colder weather sets in, interest in Costa del Sol homes has surged again, with a sharp rise in leads over the past few weeks.
Price Corrections and Market Balance
We’re also seeing more price corrections across the market. Many properties that were initially overpriced are now being adjusted to reflect true market value — a healthy sign of stability. Even some new developments have reduced their launch prices, which shows the market is returning to a more sustainable rhythm.
Outlook for Q4 2025 and Beyond
Overall, the Mijas Costa property market remains solid. Prices are still rising modestly, buyers are active (though more selective), and well-presented, correctly priced homes continue to sell fast.
We’re moving from a post-pandemic sellers’ market into a more balanced, realistic environment — great news for both buyers and sellers.
👉 Click play on the video above to watch the full Costa del Sol market update and hear Keith’s insights on what to expect as we finish 2025.
If you’re thinking of buying or selling property in Mijas Costa, contact Target Property Spain today for personalised advice and a free valuation.