Apartment for sale in Centro Histórico, Málaga – R4903432

  • €1,175,000
  • Bedrooms4
  • Bathrooms2
  • Built area190 m²
Investing in the historic center of Málaga has never been so profitable or attractive. Just 25 meters from the iconic Calle Larios, these two independent apartments, located on the same floor, represent a unique opportunity for investors seeking a combination of prime location, high tourist demand, and excellent ratings on major rental platforms.

Both properties are fully renovated and designed to maximize their potential as luxury tourist accommodations. With an active VFT license and a proven track record of success, these apartments generate consistent income thanks to their capacity to host up to 8 guests (12 physical beds). Their occupancy has been impeccable since their launch as tourist rentals in 2021, with reviews reaching 4.9/5 on Airbnb and 9.9/10 on Booking.

The configuration is ideal for investors: two independent apartments of 88 m² each, fully equipped, furnished, and stylishly decorated, operating autonomously but sharing unique optimizations such as a single Wi-Fi and service contract. The historic building was fully restored in 1989 and features an elevator and video intercom, offering all the amenities sought by the most discerning guests.

The location is simply unbeatable. Málaga is one of the most in-demand tourist destinations in Europe, and these apartments are at the epicenter of the action: surrounded by shops, restaurants, museums, and cultural attractions that guarantee a steady flow of visitors year-round. Additionally, their proximity to Calle Larios and the port ensures guests have an unforgettable experience, encouraging their return as loyal customers.

Investing here not only means acquiring a high-yield asset but also becoming part of the dynamic and exclusive atmosphere of Málaga. These properties are fully operational, ready for you to start generating income from day one, without the need for renovations or additional expenses. It’s the perfect combination of a premium location and a product optimized for today’s tourism market.

Don’t miss out on this unique opportunity. Contact us now and turn these two gems in the heart of Málaga into the cornerstone of your next great investment project.
This property for sale in Centro Histórico has 4 bedrooms, 2 bathrooms and 190 m². €1,175,000. Located in Centro Histórico, on the Costa del Sol (Málaga, Spain). Reference R4903432. Please contact EVS PROPERTY GROUP for further information or to arrange a viewing.

See more properties in Málaga →

Listed on 09/05/2026

Approximate address

Open in Google Maps
  • Address: Old Town, Malaga City, Malaga, Spain
  • City: Centro Histórico, Málaga
  • Province: Málaga

Details and legal information

Updated on June 3, 2026

Decree 218/2005 of the Junta de Andalucía · Consumer information on the sale and rental of homes

  • ReferenceR4903432
  • Price€1,175,000
  • Area190 m²
  • Bedrooms4
  • Bathrooms2
  • Garage0
  • Year Builtbefore 1970
  • Property typeApartment, Middle Floor Apartment

Mortgage Calculator

Purchase costs and yield

Type of home
Resale
Tax residence

Get this calculation as a PDF

Gross yield = annual rent ÷ price × 100. The net yield depends on costs, IBI and community fees: use the “Yield / ROI” tab.

An indicative calculation, not tax or legal advice. Rates in force in Andalusia as of 10/10/2026.

Video

360° virtual tour

Schedule a Tour

Your Information

Similar properties