Apartment in Málaga Ref R5441449
Málaga Centro · Costa del Sol
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UNIQUE INVESTMENT OPPORTUNITY IN THE HEART OF MÁLAGA – HIGH RETURNS FROM DAY ONE
An exceptional opportunity to acquire a high-performing investment property in the very heart of Málaga. Located on Peso de la Harina Street, one of the city's most sought-after areas, this apartment benefits from year-round tourist demand and consistently high occupancy rates.
The property offers 114 m² of living space, complemented by a large private terrace and an interior patio—a rare and highly valuable feature in Málaga's historic centre.
Featuring 5 spacious bedrooms and 2 bathrooms, the apartment has been designed to maximise short-term rental income while providing guests with comfort and functionality. It is equipped with central heating and air conditioning, ensuring year-round comfort.
The property has also been recently upgraded with new Climalit double-glazed windows, significantly improving energy efficiency, sound insulation, and overall quality.
ACTIVE TOURIST LICENSE & PROVEN RENTAL BUSINESS
This is a fully operational holiday rental with an active tourist licence and an established track record of success.
Proven performance:
Gross rental income exceeding €53,000 in 2025
Approximately 80% annual occupancy
Immediate income from day one with no additional investment required
Already established in the market, this property offers investors the opportunity to generate returns immediately.
Prime location + generous size + active tourist licence = a rare, high-yield investment asset in one of Málaga's strongest rental markets.
This is more than just an apartment—it's a thriving business ready to continue generating income from the moment you take ownership.
At 4.246 € per m² built, this listing sits 19% below the median asking price for apartments in Málaga on our books — 5.234 € per m² across 154 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.