Rare Historic Residence with Rental Licence in Málaga’s City Centre – Overlooking Plaza de la Merced

An exceptional opportunity to acquire a truly iconic residence in the heart of Málaga, located within Picasso’s Birthplace House on the emblematic Plaza de la Merced.

This remarkable four-bedroom, three-bathroom home spans a grand historic footprint, complemented by two elegant living rooms and a rare tourist rental licence, offering both lifestyle and investment appeal.

Dating back over 160 years, the residence underwent a meticulous luxury restoration in 2023, carefully preserving its architectural heritage. Soaring 4.2-metre ceilings with exposed beams, original 19th-century tiled floors, and imposing 3-metre wooden doors create a sense of timeless grandeur, while modern upgrades—including central air conditioning and high-performance soundproofed carpentry—ensure contemporary comfort.

The property’s privileged frontline position provides sweeping views across the Plaza, framed by tall wooden windows adorned with colourful stained-glass details. These, along with five refined French balconies, flood the interiors with natural light and create a striking visual connection to the historic surroundings.

Designed with versatility in mind, the layout allows for multiple configurations, including a spacious three-bedroom residence with an independent studio—ideal for guests or continued short-term rental use. Currently operating successfully as a holiday rental, the property presents immediate income potential.

The spa-style bathrooms feature generous proportions and elegant rain-effect showers, complementing the home’s refined aesthetic. Every detail of the renovation balances heritage with modern luxury.

Steeped in cultural significance, this residence is part of the very building where Pablo Picasso was born, lived, and worked. The home shares the original entrance and staircase once used by the master himself—an extraordinary provenance rarely found on the market.

Positioned just moments from Málaga’s finest museums, galleries, and restaurants, this property embodies the city’s artistic and historical soul.

A truly unique offering for collectors, investors, or those seeking an exceptional home in one of Spain’s most vibrant cultural destinations.