Area guide
Properties for Sale in Málaga Old Town (Centro Histórico)
20 properties for sale · from €333,000 · updated today
The Centro Histórico is Málaga's old town, the historic core inside the wider Málaga Centro district. It covers the pedestrian streets around Calle Larios, the Cathedral, the Alcazaba and Roman Theatre, and Plaza de la Merced, with the port and the beach at La Malagueta a short walk away. Málaga Airport is around 15 minutes by car or train. The properties for sale in Málaga Old Town (Centro Histórico) are almost all apartments, prized for being right at the heart of the city.
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Live market data · 10th November 2026
Property market in Málaga & Benalmádena today
- 932homes for sale
- €615kmedian asking price
- €518kmedian apartment
- €1.03Mmedian villa / house
- 23%cut their price in 90 days
- 175new listings in 30 days
Local knowledge
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Why Buy Property in Málaga Old Town?
- Everything on foot: shops, markets, restaurants, museums and the seafront are minutes from your door.
- Culture: the Picasso Museum, the Cathedral, the Alcazaba and Gibralfaro castle are all within the old town or on its edge.
- Transport: the Málaga Centro-Alameda train station and city buses connect with the airport and the coast.
- Historic buildings: many homes are in restored period buildings with high ceilings, balconies and character.
Popular Areas within the Old Town
Calle Larios and around: the main shopping street and its side lanes, lively day and night.
Plaza de la Merced: the square where Picasso was born, quieter streets and easy access to the Alcazaba.
Near the Cathedral and Atarazanas market: the old commercial heart, close to Muelle Uno and the port.
Types of Properties Available
- Apartments in restored historic buildings
- Penthouses with terraces and rooftop views
- Studios and one-bedroom flats
- Occasional whole buildings or renovation projects
Investment Potential
The old town is the most visited part of Málaga, which has historically made it popular for rentals. However, the city has tightened its rules on new holiday-rental licences in busy central neighbourhoods, so buyers planning short lets must confirm the licence position before committing. Long-term rentals and owner-occupation remain solid options, and supply is limited because the area cannot grow. Check the condition of the building and any listed-building restrictions before renovating.
Living in Málaga Old Town
Living here means trading space and parking for walkability. Streets are busy, especially in summer and during Holy Week and the August fair, so quieter side streets and upper floors are worth seeking out. Daily shopping is easy at the Atarazanas market and local stores, and the beach is about 15 minutes’ walk. For a wider choice of neighbourhoods, see Málaga Centro, which also includes Soho, El Perchel and La Malagueta, or head east to the seaside suburbs of Málaga Este.
Useful Resources
- Properties for Sale in Málaga Centro – the wider central district around the old town.
- Properties for Sale in Málaga – our overview of the whole city.
- Penthouses for Sale in Málaga – top-floor homes across the city.
Properties for Sale in Málaga Old Town (Centro Histórico)
Browse our current selection of apartments and penthouses available in Málaga Old Town.