Tell me more about MÃ¡laga Centro

MÃ¡laga Centro (MÃ¡laga Center) is the bustling historic and commercial heart of MÃ¡laga city, Andalusia, Spain. It encompasses the city's most iconic landmarks, including the MÃ¡laga Cathedral, Alcazaba, Roman Theatre, and the Picasso Museum. The area is characterized by its vibrant pedestrianized streets, traditional architecture, diverse shops, and an abundance of tapas bars and restaurants. MÃ¡laga Centro serves as the primary cultural and tourist hub, offering a lively atmosphere that blends centuries of history with contemporary urban life.

How far is this property from the nearest airport?

MÃ¡laga Centro is 10km from the nearest airport, approximately 15 minutes driving time.

What are the annual runing costs of this property?

The annual running cost are â¬0 consisting of IBI â¬0 (Impuesto sobre Bienes Inmuebles' or Council Tax), Community Fees â¬0 and Garbage â¬0. * Based on current information; values are subject to revision.

Middle Floor Apartment in Málaga Centro

€484,000

5 Bedroom
2 Bathroom
114m² Built

Property Overview

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.

Features

Setting: Urbanisation.
Climate Control: Air Conditioning.
Features: Fitted Wardrobes, Near Transport, Private Terrace.
Category: Resale.
Parking: Optional.
Promotion: Lift.

Tell me more

Tell me more about Málaga Centro
Málaga Centro (Málaga Center) is the bustling historic and commercial heart of Málaga city, Andalusia, Spain. It encompasses the city's most iconic landmarks, including the Málaga Cathedral, Alcazaba, Roman Theatre, and the Picasso Museum. The area is characterized by its vibrant pedestrianized streets, traditional architecture, diverse shops, and an abundance of tapas bars and restaurants. Málaga Centro serves as the primary cultural and tourist hub, offering a lively atmosphere that blends centuries of history with contemporary urban life.
How far is this property from the nearest airport?
Málaga Centro is 10km from the nearest airport, approximately 15 minutes driving time.
What are the annual runing costs of this property?
The annual running cost are €0 consisting of IBI €0 (Impuesto sobre Bienes Inmuebles' or Council Tax), Community Fees €0 and Garbage €0.
* Based on current information; values are subject to revision.

Overview

Reference: R5441449
Property Type: Middle Floor Apartment
Bedroom: 5
Bathroom: 2
Parking: No
Garden: No
Pool: No
Built: 114m²
Terrace: 0m²
Plot: 0m²
Energy Rating: 0.00
Energy Value:
Year Completed: 1975
IBI Fee: €0
Community Fee: €0
Garbage Fee: €0

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