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Two terraces overlooking Plaza de la Merced, open views across Málaga and a tourist rental licence. This renovated two-bedroom penthouse brings together the pleasure of a city home with an established history of holiday letting. The living room opens onto the main terrace, with the square at your feet. It is a setting for long lunches with friends or a quiet drink as evening settles over the city. A separate rooftop terrace, reached via a staircase, offers another perspective across the rooftops and more space to enjoy life outdoors. With two bedrooms and two bathrooms, the apartment occupies the seventh floor of a building with a lift. Downstairs, the cafés, restaurants and streets of central Málaga are yours to explore on foot. Upstairs, you have room to step outside and take it all in.
At 7.750 € per m² built, this listing sits 22% above the median asking price for apartments in Centro Histórico on our books — 6.344 € per m² across 16 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 Centro Histórico, 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.