New development · Costa del Sol · Malaga

Malaga Centrum

€325,000 to €690,348

2 beds · 64 to 113 m² built · Est. completion 2027-12-31

Ref HT4934749

Updated daily · Last sync 2026-06-14T21:50:29.964256+00:00

About this property

Overview

Malaga Centrum is a new development of 0 to 2-bedroom ground floor apartments for sale in Malaga, Costa del Sol, priced from €325,000 to €690,348. The project comprises 35 units in a city where supply of new residential stock in central locations has not kept pace with demand from the technology sector and international buyers seeking year-round urban living rather than resort-style accommodation. Ground floor positioning in a capital city development is relatively uncommon on the Costa del Sol, where most new builds prioritise elevated units with sea views. This scheme targets a different buyer: those who value street-level access, proximity to workplaces, and the infrastructure of a functioning city over beachfront leisure.

Built sizes range from 64 to 113 square metres across studios, one-bedroom, and two-bedroom configurations, all with one or two bathrooms depending on layout. Each apartment includes an open-plan kitchen and living area with access to a private balcony. Kitchens and bathrooms are fitted with Modulnova furniture, an Italian brand positioned in the premium segment. Central air conditioning and in-unit laundry facilities are standard. The building offers 64 automatic parking spaces, storage units, and a lift. Rooftop amenities reserved for residents include a swimming pool and landscaped social areas. The specification reflects urban apartment standards rather than resort development features, with an emphasis on practical daily living rather than holiday rental appeal.

Málaga's city centre is within walking distance, with Calle Larios, the main shopping street, approximately 15 minutes on foot. The development benefits from immediate access to metro, bus, and train connections, which matters for buyers working in the city or using Málaga as a base for travel across Andalusia. The buyer profile here typically includes Spanish professionals relocating for work in Málaga's expanding technology and services sectors, Northern European remote workers seeking a southern base with reliable infrastructure, and investors targeting long-term rental demand from the same groups. This is not a beach location. The nearest coastline is Malagueta beach, roughly 20 minutes' walk or a short metro ride. The trade-off is connectivity: road access to the airport takes under 15 minutes, and the AVE high-speed rail link to Madrid runs from Málaga María Zambrano station.

Construction status should be confirmed directly with the developer, as should the precise payment schedule. Standard practice for new developments in Spain involves a reservation deposit to secure a unit, followed by stage payments tied to construction milestones, with the balance due on completion when keys are handed over. Buyers should instruct an independent Spanish lawyer to review contracts and arrange fiscal representation. One practical consideration: ground floor apartments in urban buildings typically command lower resale premiums than upper floors, but they also attract tenants who prioritise accessibility, families with young children, and older renters avoiding lifts.

Features

What this home includes

  • Parking
  • Beachside

Property details

Specifications

Reference
HT4934749
Property type
Ground Floor Apartment
Bedrooms
2
Bathrooms
1 to 2
Built area
64 m² to 113 m²
Terrace
6 m²
Price range
€325,000 to €690,348
Completion
2027-12-31
Garage
Yes
Beach side
Yes
Area
Málaga Centro
City
Malaga
Coast
Costa del Sol

What's Nearby

Playa de San Andrés
8 minwalk
Club de Golf Málaga Parador
13 mindrive
Marina Real Club Mediterráneo
9 mindrive
The British School of Málaga
19 mindrive
Colegio Diocesano Padre Jacobo
2 mindrive
Carrefour
1 minwalk
Dia
2 minwalk
Carrefour Express
1 minwalk
Lidl
4 minwalk
Barbarela
3 mindrive
Farmacia Carmen Sánchez Cabezudo
1 minwalk
Vialia
3 mindrive
Málaga
8 mindrive
72 restaurants & bars
within 12 minwalk
Málaga Airport (AGP)
24 mindrive
Mountain side, north of the coastal road (A-7), hillside setting.

Location

Málaga Centro, Malaga

Location shown is the development site. This development is in Málaga CentroMalagaCosta del Sol.

Málaga Centrum sits just 653 metres from Playa de San Andrés, an easy 8 minute walk to the beach. The development is positioned above the AP-7, towards the mountains, giving you quick access to both the coast and inland areas. Málaga Airport is 24 minutes away by car, while the town centre takes just 8 minutes to reach. A Carrefour Express is on your doorstep at 98 metres, and if you golf, Club de Golf Málaga Parador is a 13 minute drive. The British School of Málaga is nearby for families with children. This location works well for buyers who want beach access without being right on the seafront, plus easy reach to city amenities and the airport.

18 questions answered

Malaga Centrum: Frequently Asked Questions

The price at Malaga Centrum covers the apartment itself plus a private garage space, which is a significant advantage in central Malaga where parking is limited. Depending on which unit you choose, ranging from €325,000 to €690,348, you're getting a ground floor apartment with direct access and the convenience of secure parking included.

Malaga Centrum is located right on the beachside in Malaga centro, giving you direct access to the coast and the beach lifestyle. Being in the city center means you're also within walking distance of restaurants, shops, and cultural attractions, while still enjoying that proximity to the water.

Malaga Centrum offers ground floor apartments ranging from 64 m² up to 113 m², so there's flexibility depending on your needs and budget. The smaller units start at €325,000, while the larger apartments go up to €690,348, giving you options across different price points.

Malaga Centrum is expected to be completed by the end of 2027, so you're looking at approximately three years from now. This gives you time to arrange your finances and plan your move to this beachside location in Malaga centro.

Ground floor units at Malaga Centrum offer direct beach access and easier entry compared to higher floors, plus you get your own private garage included. For a beachside property in central Malaga, having ground floor living with parking is a practical and valuable combination.

Buying off-plan in Malaga Centro means reserving a property before or during construction. You pay a reservation deposit (typically €6,000 to €12,000), then sign a private purchase contract within 30 days and pay a further 10 to 20% of the purchase price. Staged payments follow the construction milestones. The final 60 to 70% is paid at notary completion when the keys are handed over.

Under Spanish law (Law 57/1968 and its 2015 successor), all off-plan deposits must be covered by a bank guarantee or insurance policy. Your lawyer must verify this before you pay any money. If the developer fails to deliver, you can claim 100% of your deposit plus 6% annual interest. Never transfer funds without a confirmed guarantee in your name.

Spanish law mandates three tiers: a 10-year structural guarantee (Seguro Decenal) for serious structural defects, a 3-year guarantee for habitability issues (waterproofing, insulation, installations), and a 1-year guarantee on finishes and fixtures. These run from the date the licence of first occupation (licencia de primera ocupación) is issued.

New-build purchases are subject to 10% IVA (VAT) on the purchase price, plus 1.2% AJD (stamp duty) in Andalucía. Parking spaces or storage sold separately may attract 21% IVA. Add notary, land registry and legal fees (1 to 2%), budget 12 to 15% on top of the purchase price in total acquisition costs.

Most developers allow personalisation during the early construction phase, choices of floor tiles, kitchen units, bathroom fixtures, paint colours and sometimes layout tweaks. The window for changes is typically 3 to 6 months after signing the contract. Structural changes are rarely possible once work has started. Your sales representative will provide a customisation deadline and specification sheet.

Typical build time in coastal Spain is 18 to 30 months from licence grant to completion. Delays of 3 to 6 months are common due to weather, supply-chain or permit issues. Your contract should specify a longstop completion date and the compensation you are owed for any overrun. Always check whether the building licence has already been granted before reserving.

Key due-diligence points: (1) confirm the building licence is granted, not just applied for; (2) verify all deposits are bank-guaranteed in your name; (3) check the developer's track record and financial standing; (4) review the specification sheet and what is included in the price; (5) confirm the estimated completion date and longstop clause; (6) have an independent Spanish lawyer review the contract before you sign anything.

Yes, both are required before the final notary signing. You can reserve with a passport, but your Spanish NIE (foreigner tax number) is needed for the private purchase contract and your Spanish bank account for the staged transfers. Your lawyer can obtain your NIE with a power of attorney in 2 to 4 weeks. Open the bank account on your first trip to Spain or remotely via certain Spanish banks.

Yes. Spanish banks lend to non-residents at typical LTVs of 60 to 70% of the lower of purchase price or valuation (vs 80% for residents). Rates are competitive with the rest of the eurozone. You will need 6 months of bank statements, tax returns and proof of income, pre-approval takes 2 to 4 weeks.

Recommended for serious buyers. A mortgage in principle confirms your budget, signals credibility to sellers and shortens completion. We can introduce you to specialist non-resident mortgage brokers familiar with the local market.

Resale property in Andalucía: ITP (transfer tax) at 7%. New-build: 10% IVA + 1.2% AJD (stamp duty). Plus notary, land registry and legal fees of roughly 1 to 2%. Budget 10 to 13% on top of the asking price for total acquisition costs.

Annual IBI (council tax) is typically 0.4 to 1.1% of cadastral value. Community fees on apartments and gated villas range €100 to €600/month depending on amenities. Non-resident owners pay an annual income tax based on cadastral value, plus utilities and home insurance.

In Spain the seller pays the agent commission (typically 3 to 6% + VAT), already baked into the asking price. Buyers do not pay agent fees on resale or new-build.

Market context

How it sits in the market

Live €/m² comparisons from current inventory of similar ground floor apartments in the same city.

This Ground floor apartment

€5,078 / m²

€5,078 × 64 m² = €325,000 asking · entry unit

Comparable averages

  • Apartments & penthouses in Málaga Centro

    3 active listings

    €7,917 / m²36% below market

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Malaga Centrum

Malaga · From €325,000 · Completing Q4 2027

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