For sale · Costa del Sol · Málaga
Available€1,398,650
2 beds · 2.5 baths · 169 m² built
Ref HT5511889Updated daily · Last sync 17 October 2026



About this property
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.
Property details
Location
Map shows the approximate Málaga Centro, Málaga area. Exact address provided upon request. This property is in Málaga CentroMálagaCosta del Sol.
9 questions answered
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.
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.
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.
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.
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.
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.
Market context
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
Similar properties
Market average €6,970/sqm across 15 active málaga penthouses.