Denise Guerrero

1.250.000 €

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Centro Histórico, Málaga

Penthouse on Calle Granados with wraparound terrace

200 m² · 3 bed · 4 bath · Floor 6 · Flat

Denise’s take

200m² penthouse with sunset views steps from Cathedral

I rarely see penthouses this size in the Centro Histórico, and the wraparound terrace here changes everything about how you experience living in Málaga's old town. The master bathroom's floor-to-ceiling windows facing west mean you can literally watch the sunset from your bathtub - something my clients always remember years later. Calle Granados puts you within a two-minute walk of the Cathedral while staying just off the main tourist routes, so you get the authentic neighborhood feel without the cruise ship crowds. At €6,250 per square meter, you're paying a premium for this location, but comparable penthouses in Soho or La Malagueta are running €8,000+ now. The elevator is crucial here - sixth floor walkups in these historic buildings are deal-breakers for most buyers.

Denise Guerrero

Real buying costs

What Would This Cost You?

Based on the asking price of €1,250,000

Total purchase budget

€1,369,275

Purchase price
€1,250,000
Transfer tax (ITP)
€87,500
Notary
€2,500
Land registry
€1,375
Legal fees
€18,750
Mortgage fees
€9,150

Above purchase price

9.5%

Monthly mortgage payment

€4,104

Loan amount
€875,000
Interest rate
2.9%
Term
25 years
Total interest
€356,195

Annual running costs

€5,650

IBI (property tax)
€3,750
Community fees
€1,200
Home insurance
€550
Basura (waste tax)
€150
Per month
€471

Total monthly outgoing

€4,575

Mortgage + running costs

Cash needed at closing

€494,275

(Down payment plus buying costs)

Adjust your assumptions

Property type

Results update instantly as you change any value.

Denise works with mortgage brokers who specialize in international buyers and can often secure better terms.

These estimates are based on standard rates and fees for Andalucía in 2026. Actual costs vary depending on the property, municipality, mortgage lender, and your personal situation. This calculator is for informational purposes only and does not constitute financial advice.

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Property details

Location
Centro Histórico, Málaga
Type
Flat
Size
200 m²
Bedrooms
3
Bathrooms
4
Floor
6

Features

TerraceElevator

Good for

CouplesFamiliesDigital Nomads

The neighborhood

This property sits in Centro Histórico, one of the areas international buyers most often ask about when they want Málaga to fit a very specific lifestyle brief.

Read the Centro Histórico guide

Approximate location

What's nearby

Neighborhood intelligence

This context is pre-calculated before the property goes live, so you can understand how the area actually performs day to day.

Schools

San Andrés

Público · spanish

152m · 2 min walk

The British School of Málaga

Privado · primary, secondary · Bilingual (english) · british

152m · 2 min walk

Prácticas N-1

Público · infantil, primaria · spanish

268m · 3 min walk

Cenec-Málaga

Privado · fp_grado_superior · spanish

282m · 3 min walk

Sagrado Corazón

Privado · bachillerato · spanish

360m · 4 min walk

Read the full International Schools Guide

Healthcare

Beach

Transport

Daily essentials

Climate

Walkability score

90/ 100

Based on schools, healthcare, transport, daily essentials, parks, pharmacies, and beach access within 1km.

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