Miholašćica is located in the City of Cres, in Primorje-Gorski Kotar County at an elevation of 2 meters above sea level and it covers the area of 4.82 km² (1.86 sq. miles). According to the 2011 census report, there were 35 inhabitants. It is predominantly populated by Croats (97%), but also. Nearby places: Stivan, Martinšćica, Grmov, Vidovići, Vrana, Belej, Stanić, Ustrine, Zbišina and Mali Podol.