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.
Buying property in Spain
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


