Miholašćica dates back to the Roman Empire. It is situated on the gentlest part of the Cres coast, next to a large bay opened towards southwest. The beautiful Miholašćica and the neighbouring village of Martinscica with a lot of Mediterranean vegetation are oriented towards family and camping tourism. Today Miholašćica is a tourist destination where, with a view of Zeca, you will avoid tourist crowds and get some rest in the peaceful surroundings. With lovely beaches, the intact nature offers great possibilities for a nice and active stay and rest..​

Miholašćica is known by it's pebble beaches considered as the most beautiful ones on the island of Cres.The village offers a restaurant - tavern Mareta and there is another one just out of Miholašćica, on Cape Zaglav, the place where the supermarket is located, as well.