Reference R5441449Málaga
Apartment for sale in Centro
€440,000
- Bedrooms
- 5
- Bathrooms
- 2
- Living space
- 114 m²
Price reduced: €484,000 → €440,000
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.
Photos of Apartment for sale in Centro
Features of this home
In the home
- Fully fitted kitchen
- Fitted wardrobes
- Private terrace
In the complex
- Lift
This price compared with Centro
Per square metre, this home costs 33% less than apartments in Centro usually do.
- This home€3,860 per m²
- Typical for apartments in Centro€5,751 per m²
- Typical for all homes in Centro€5,398 per m²
27 October 2026
Price in the area
- this home €3,860 per m²
- 18% below average per m²
- price lowered 9%
Compared with 8 apartments without a pool, with 4–5 bedrooms and 87–130 m² of living area in Centro. A comparison with asking prices, not a valuation.
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Questions about this home
Has the price of this home been reduced?
Yes. The asking price went from €484,000 to €440,000, a reduction of 9%.
How much does this home cost per square metre?
This home costs €3,860 per m² of living space. The typical price for apartments in Centro is €5,751 per m², measured on 27 October 2026.
How much does apartments cost in Centro?
The typical price for apartments in Centro is €524,000, measured across 75 homes for sale on 27 October 2026.
How do I book a viewing of this home?
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