Apartment in Málaga Ref R5437609
Málaga Centro · Costa del Sol
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Apartment for sale in Málaga – renovated apartment with terrace and tourist licence in the city centre
For those considering buying a home in Málaga, this recently renovated one-bedroom apartment offers an appealing mix of authentic location, a private terrace, and a valid tourist licence. It sits on the edge of the historic old town, at the foot of Gibralfaro, just two minutes' walk from Plaza de la Merced. With a fully documented rental history, this property works equally well as a personal home or as a solid investment on the Costa del Sol.
Layout & features:
Fully renovated in 2019, the apartment features a fully equipped kitchen and a compact, functional one-bedroom layout. It's located on the second floor with no lift, though access is easy thanks to a short staircase. The property is for exclusive guest or owner use, with remote check-in available.
Outdoor space & amenities:
One of the few apartments in the area with its own terrace, ideal for breakfast in the morning sun or a drink in the evening with views towards Gibralfaro. A nearby school brings a lively neighbourhood atmosphere during the day, while evenings are notably quiet, with no traffic, bars or nightlife nearby.
Location benefits & investment potential:
Central Málaga is within easy reach: Plaza de la Merced, Picasso's birthplace, is a two-minute walk away, and La Malagueta beach is 10-15 minutes on foot. The apartment holds a valid tourist licence and has been rented continuously since its renovation, with fully documented occupancy and income. An existing booking portfolio for the coming months is in place, transferable by agreement. The property holds over 300 reviews on major booking platforms, almost all with the highest rating.
Whether you're looking for a home in the heart of Málaga or an investment with a proven track record, this apartment delivers on both. Contact us for more details about this apartment for sale in Málaga.
At 4.632 € per m² built, this listing sits 12% below the median asking price for apartments in Málaga on our books — 5.246 € per m² across 136 listings.
Those are asking prices from our broker feed, not sold prices. Agreed figures on the Costa del Sol routinely land below asking, and the gap moves with the area and with how long a property has been on the market. We wrote about that difference in asking versus sold price.
The closest 6 listings we hold for apartments in Málaga, ordered by how near they sit to this asking price.
Every viewing is in person, with a senior member of our team. We come prepared with the building check, comparable transactions, and our honest read.