The room in Pablo and Anabela's house is small, very clean and can get really hot in the summer. There is a fan though, and it does a good job.
It is a room in the house where people live their everyday lives, so don't expect full privacy. There is one rule that might be unusual: you don't eat or drink in your room. You need to go to the day room for that. Some people like their privacy so it might be inconvenient, but on the other hand it gives you the opportunity to get acquainted and practice your Spanish.
Anabela was helpful and caring. She even offered us breakfast each morning (unless we woke up really late; in that case she gave up on us, and with a good reason too) and were ready to help if we needed anything. And I still appreciate the conversations we had with Pablo. He was open, liked to talk to us and was very patient with my limited two-months self-taught Spanish. I really liked Pablo, he knows how to talk to a person to make him feel confident in new surroundings.
I also liked the huge black cat of theirs, although he mostly slept all day. The dog however was full of life and ran and jumped all around you. A happy little guy.
The location is neither in the center nor at the beach. But it is a quite good spot, if you don't mind taking a bus. And if you are smart, you will probably use very cheap city bikes service (Malaga Bici). It takes some skills to get the special EMT card (you can only get it at the Malaga's bus station), but it's worth it. Once you have it you can ride bikes anywhere in Malaga practically for free. And there is a Malaga Bici bike station not far from Pablo and Anabela's place (10 minutes), so it makes the location very acceptable. Also, there are some good local stores all around.
So, if you need a homey place for a few days or a week, then, unless you are a 5-star hotel kind of guy, it might a good deal for you. Considering the price, it might be the best.