Apartment for sale in Málaga – R5537590

  • €595,000
  • Bedrooms4
  • Bathrooms2
  • Built area124 m²
Year built
1973
Condition
In need of renovation
Orientation
East
A Unique Opportunity in the Heart of Málaga's Historic Centre
Some properties rarely come onto the market. This exceptional apartment, located on one of the most sought-after streets in Málaga's Historic Centre, combines a prime location, generous living space and the rare opportunity to create a truly bespoke residence in one of Europe's fastest-growing and most desirable cities.
Offering 124.28 m2 of built area (106.55 m2 of usable living space), the property features a bright and spacious layout, providing the perfect canvas for an exclusive renovation project. Its generous proportions allow every room to be reimagined to suit a contemporary lifestyle while preserving the charm and character of a home in the heart of Málaga's historic district.
The living area is particularly impressive, with two large reception rooms that can be seamlessly combined to create a spectacular open-plan living and dining space with a modern kitchen—perfect for those who appreciate elegant interiors designed for both everyday living and entertaining.
The apartment offers four bedrooms, an increasingly rare feature in this highly desirable location. Whether for a growing family, a home office, guest accommodation or flexible living spaces, the layout offers endless possibilities.
The property also includes a spacious family bathroom, a separate guest WC, a utility room, a pantry and a delightful private terrace where you can enjoy Málaga's exceptional Mediterranean climate throughout the year.

An Investment for the Future
Málaga's Historic Centre has established itself as one of Southern Europe's strongest and most attractive real estate markets. The limited availability of spacious apartments in this prestigious location makes this property an outstanding opportunity, whether as a primary residence, an elegant second home or a high-value long-term investment.

Just moments from your doorstep, you will find Málaga's finest restaurants, boutique shops, museums, art galleries, the vibrant Muelle Uno waterfront, the Roman Theatre, the Alcazaba and every amenity that makes the city one of the Mediterranean's most exciting destinations.

Key Features
124.28 m2 built area.
106.55 m2 usable living space.
Four spacious bedrooms.
Excellent potential for redesign and modernisation.
Large living room with multiple layout possibilities.
One full bathroom and a separate guest WC.
Independent utility/laundry room.
Pantry.
Private terrace.
Prestigious location in the heart of Málaga's Historic Centre.
Exceptional opportunity to create a luxury residence or acquire a high-value investment property.

Some homes are purchased for their size. Others for their location. This property ‌offers ‌both—and ‌something ‌even ‌more valuable: ‌the ‌opportunity to ‌transform an exceptional space into ‌a truly ‌unique ‌residence ‌in one of the ‌Mediterranean's ‌most ‌vibrant ‌and ‌prestigious ‌city ‌centres.
This property for sale in Málaga has 4 bedrooms, 2 bathrooms and 124 m². 595,000 €. Located in Málaga, on the Costa del Sol (Málaga, Spain). Reference R5537590. Contact EVS PROPERTY GROUP for more information or to arrange a viewing.

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Listed on 10/11/2026

Approximate address

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  • Address: Málaga, Costa del Sol, Málaga, Spain
  • City: Málaga
  • Province: Málaga

Details and legal information

Updated on November 10, 2026

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

  • ReferenceR5537590
  • Price€595,000
  • Area124 m²
  • Bedrooms4
  • Bathrooms2
  • Garage0
  • Year Built1973
  • Property typeApartment, Middle Floor Apartment

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Purchase costs and yield

Type of home
Resale
Tax residence

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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.

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About the area

Location: Málaga. About 11 km as the crow flies from Málaga airport and 5 km from Málaga city centre.

Price of this property: €4,800/m² built. In our catalogue, the median for flats and apartments for sale in Málaga is €5,430/m² (283 listings). This property is 12% below that median.

Frequently asked questions

How much does it cost in total to buy this property?

On top of the price, in Andalusia you pay 7% transfer tax (ITP, €41,700) plus notary, Land Registry and paperwork, around 1–1.5% (€6,000–€8,900). In total, between €47,700 and €50,600. The agency commission is paid by the seller.

What are the yearly running costs of this property?

The listing agent does not state the IBI or community fees; ask us for them quoting reference R5537590. If you are not resident in Spain, you also file the Modelo 210 every year (non-resident income tax).

How can I arrange a viewing?

Press «Book a viewing» or write to us quoting reference R5537590. Or call +34 951 12 40 59, Monday to Friday, 9:00 to 17:30.

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