This was a great place to stay in while me and my girlfriend were in Malaga. Right in the heart of the central distract, just go outside your door and you have access to many restaurants, pubs/bars, and night life. You're within walking distance of the Alcabaza, the beach, Malaga Cathedral, the Picasso museum, and more.
The one thing to keep in mind is there's a bustling night life in Malaga and since this place is central to all that, it can get a bit noisy at night. Fortunately we are heavy sleepers so it didn't bother us.
Outside of this, it's a great place for a great value. Definitely recommended.