If you are looking for a place to stay in Malaga for a fair price, I can only recommend you to stay with Silvia! Her place is modern, cozy and clean, and furthermore located in a nice quarter of the city. It takes about 5 minutes WALKING to the city center.
However, what really makes me want to recommend her is her hospitality. Silvia made me feel as welcome as one could possibly do; if it was helping out with a small issue or for a good talk about everything and anything.
I am happy that I chose her place to stay at for a week, and if I ever needed a place in Malaga again, I would come back to her place!