Historic 3-Bedroom House in the Heart of Soho, Málaga
€1,300,000€3,939/m²
Old Town - Soho, Costa del Sol, Spain
3
bedrooms
2
bathrooms
330 m²
interior
House
property type
29 May 2026
listed
The Habio take
AI summaryThis enchanting three-bedroom house in Old Town - Soho offers a unique opportunity to own a piece of Málaga's rich history, just steps from Picasso's birthplace. With its prime location in Costa del Sol, it combines cultural vibrancy with great tourist potential.
- historic
- city
- investment
Highlights
- Spacious 330 m² internal area
- Located in cultural hub of Soho
- Historic building with charm
- Close to local attractions and amenities
- Strong tourist appeal
Worth knowing
- Tourist traffic may be high
- Potential for ongoing maintenance in a historic building
Good fit for: Ideal for buyers seeking a blend of history, culture, and potential rental income.
Lifestyle scores
- Beach
- 80
- Walkable
- 85
- Remote work
- 60
- Family
- 70
- Retirement
- 65
- Airport access
- 90
- Investment
- 75
- Luxury
- 70
- Value
- 55
About this place
Historic building in the centre of Malaga, near Picasso's birthplace and with great tourist potential.
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.
- 1
Get an NIE
Apply for the foreign-resident tax number at a Spanish consulate, police station, or via a representative with power of attorney.
- 2
Open a Spanish bank account
Needed for the deposit, taxes, mortgage payments, and utilities.
- 3
Engage an independent lawyer
Lawyer runs title, debts, planning, and community-of-owners checks — the notario will not.
- 4
Reservation contract
Small deposit (€3,000–€10,000) takes the property off the market while due diligence runs.
- 5
Sign the contrato de arras
Private purchase contract with a 10% deposit. If the buyer pulls out they lose it; if the seller pulls out they pay double.
- 6
Sign the escritura pública
Final public deed signed before a notario; balance and taxes paid; keys handed over.
- 7
Register the property
Lawyer registers the deed at the Registro de la Propiedad and arranges utility and IBI transfers.
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
