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Hometailor
  1. Home
  2. Properties for Sale
  3. Costa del Sol
  4. Málaga
  5. Málaga Centro
  6. 2-Bed Penthouse for Sale in Málaga Centro, Málaga

For sale · Costa del Sol · Málaga

Available

2-Bed Penthouse for Sale in Málaga Centro, Málaga

€1,398,650

2 beds · 2.5 baths · 169 m² built

Ref HT5511889·Updated daily · Last sync 17 October 2026

2-Bed Penthouse for Sale in Málaga Centro, Málaga
Available
HometailorLicensed agency

David Los

Founder, Hometailor

About this property

Overview

Two-bedroom penthouse with top-floor position in Málaga Centro, Costa del Sol. This duplex occupies both upper levels of a 2010-built block, placing the Cathedral de la Encarnación directly within view from the principal bedroom suite.

The 169sqm layout arranges two double bedrooms across the upper floor, each with its own en-suite bathroom, plus a guest cloakroom on the entrance level. The ground floor of the duplex holds the open-plan reception room and kitchen, with ceiling heights reaching 3.2 metres in the living area. One underground parking space is allocated to the property. Windows on three sides bring natural light into both bedroom suites and the main living space throughout the day.

The building stands on a pedestrianised street in the historic quarter, with the Cathedral de la Encarnación 120 metres to the north. Calle Larios, the main shopping thoroughfare, is a three-minute walk south. The Muelle Uno waterfront promenade and port area lie 850 metres from the entrance, reachable on foot in eleven minutes. Málaga's Mercado Central de Atarazanas operates six days a week, 400 metres west of the property.

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Property details

Specifications

Property type
Penthouse
Subtype
Penthouse duplex
Bedrooms
2
Bathrooms
2.5
Built area
169 m²
Parking spaces
1
New build
Yes
Energy rating
E
Area
Málaga Centro
City
Málaga
Province
Málaga
Coast
Costa del Sol

Location

Málaga Centro, Málaga

Map shows the approximate Málaga Centro, Málaga area. Exact address provided upon request. This property is in Málaga Centro · Málaga · Costa del Sol.

🏖Playa de San Andrés
3 mindrive
⛳Club de Golf Málaga Parador
14 mindrive
⚓IGY Málaga Marina
7 mindrive
🏥Hospital Doctor Gálvez
5 mindrive
🏙Málaga
5 mindrive
🛫Málaga Airport (AGP)
27 mindrive

9 questions answered

Buying this penthouse in Málaga Centro

Can foreigners buy property in Málaga Centro?

Yes. Spain places no restrictions on foreign buyers, EU and non-EU citizens can purchase freely in Málaga Centro. You will need a Spanish NIE (foreigner tax number) before signing the title deed, plus a Spanish bank account for the transfer. The full purchase typically completes 6 to 10 weeks from signing the reservation contract.

What is an NIE and how do I get one?

The NIE (Número de Identificación de Extranjero) is your Spanish tax ID and is mandatory for buying property, opening a bank account or paying taxes. You can apply at a Spanish consulate in your home country or in person in Spain. Your lawyer can also obtain it on your behalf with a power of attorney, typically 2 to 4 weeks.

Do I need a Spanish lawyer?

Strongly recommended. An independent lawyer (abogado), separate from the agent and seller, verifies title, checks for debts and planning issues, drafts contracts and represents you at the notary. Typical fee is 1% of the purchase price plus VAT, with a minimum around €1,500.

How long does completion take?

From accepted offer to keys: 6 to 10 weeks for a resale, 30 to 45 days from reservation if no mortgage is needed. New-build off-plan completes when the development is delivered, often 18 to 36 months after reservation, with staged payments along the way.

What taxes will I pay buying a property in Málaga Centro?

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.

What ongoing costs should I expect?

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.

Are agent fees paid by the buyer or seller?

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.

Can non-residents get a Spanish mortgage?

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.

Should I get pre-approval before viewing?

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.

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Market context

How it sits in the market

Live €/m² comparisons from current inventory of similar penthouses in the same city.

This Penthouse

€8,276 / m²

€8,276 × 169 m² = €1,398,650 asking

Comparable averages

  • Málaga penthouses

    15 active listings

    €6,970 / m²19% above market

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