The average price per square meter for properties in Miraflores de la Sierra typically ranges from €1,300 to €2,000, depending on the property type and location within the area. For example, modern apartments with scenic views often fetch prices close to the €2,000 mark, while older houses or properties requiring renovation might be available for around €1,300 per square meter. In recent years, the demand for vacation homes in the region has contributed to a gradual increase in property prices, particularly for chalets and single-family homes that offer proximity to nature. Furthermore, the local real estate market tends to fluctuate based on seasonal interest, with higher prices during peak tourist seasons.