For sale · Costa del Sol · Málaga
Available3-Bed Penthouse for Sale in Málaga Centro, Málaga
€1,300,000
3 beds · 2 baths · 207 m² built
Ref HT5508553Updated daily · Last sync 27 October 2026
About this property
Overview
Three-bedroom penthouse with beachfront position in Málaga Centro, Costa del Sol. This top-floor residence sits directly on the Pablo Ruiz Picasso promenade in La Malagueta, where the sea stretches across almost every window. The south-facing orientation floods 207 square metres of living space with natural light throughout the day.
The living-dining room opens onto a 100-square-metre terrace that runs the length of the apartment, large enough for separate dining and lounging zones with uninterrupted sea views. Inside, the fully equipped kitchen includes a dedicated laundry area, while the three double bedrooms all feature built-in wardrobes. The master bedroom has an en-suite bathroom, and a second bathroom serves the remaining bedrooms. Both bathrooms have modern fittings, and the property includes one parking space. The accommodation occupies the entire fourth floor, built in 1987 and maintained in good condition.
The building stands on Málaga's most sought-after beachfront promenade in La Malagueta, with the sandy beach accessible directly from the entrance. Muelle Uno, the city's waterfront leisure district with restaurants and shops, sits 1.2 kilometres west along the seafront. The historic centre of Málaga, including the cathedral and Picasso Museum, lies 15 minutes on foot heading inland from the promenade.
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Features
What this home includes
- Sea view
- Beachfront
Property details
Specifications
- Property type
- Penthouse
- Subtype
- Penthouse
- Bedrooms
- 3
- Bathrooms
- 2
- Built area
- 207 m²
- Parking spaces
- 1
- Beachfront
- Yes
- Sea view
- Yes
- Orientation
- south
- 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 CentroMálagaCosta 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.
