We stayed here two nights and I didn't sleep well on both nights. The apartment is on ground floor in a building full of other travelers and locals - it is VERY VERY noisy till until 2-3 am in the night.
The walls are thin, so you hear everything - from the floor above, from the apartment next to you, from common areas right outside - just everywhere.
We also were woken up at 2:30 am by someone constantly buzzing our apartment from outside (by mistake it seems but it ruined our sleep).
The location otherwise is great to be close to the center in Malaga and walk to all restaurants and plazas.