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5 Bedroom Middle Floor Apartment For Sale In Málaga Centro

€484,000€4,246/m²

Andalusia, Spain

  • 5

    bedrooms

  • 2

    bathrooms

  • 114 m²

    interior

  • Apartment

    property type

  • 1 week ago

    listed

About this place

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.

ES

Buying property in Spain

Full guide →

Spain welcomes foreign buyers with no nationality restrictions. The buyer needs an NIE (Número de Identidad de Extranjero) before completion, and most buyers open a Spanish bank account to handle the deposit and ongoing charges. An independent lawyer (abogado) is strongly recommended — the notario only checks the deed, not the wider title.

  • Spain ended its Golden Visa property route in April 2025.

  • Non-resident mortgages are widely available, typically 60–70% LTV.

  • Non-resident sellers face a 3% withholding from the sale price (retención), claimable against capital gains tax.

Always check community-of-owners (comunidad) debts and outstanding IBI before completion — they transfer with the property.

General guidance only — confirm specifics with a qualified local lawyer or tax adviser. Reference

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