The apartment is perfectly situated near the historical center of Malaga. If you want to visit the most common places of interest you do not have to walk far. Even the beach is not far away. One of the nicest places in malaga - merced place - is just one minute to walk, and there you can find restaurants, cafés and even the house of picasso's birth.
The only thing you have to know about the apartment is, that it is an old building which is clairaudient and you will hear noise from the neighbors or pedestrians from the street below.