Under construction · current release

Aires de San Lucas

Málaga Oeste · Málaga · Ref: RDEV2481

Prices from

€709,670

Available

3 of 13

Bedrooms

2en-suite

Delivery

End of 2027

Type

Apartments

Size from

On request

Total homes

13 homes

Phase

Under construction

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Licensed agency · est. 2017 AIPP member 500+ active developments

Project lifecycle

Coming soon

Off-plan

With licence

You are hereUnder construction~22% saving

Completed

Roccabox · the editorial

Aires de San Lucas, in context.

Aires de San Lucas brings 59 two- and three-bedroom homes to La Princesa, the residential quarter west of Málaga's centre where the city opens out towards the sea. It is the first project in the capital from a national developer with more than four decades of building and over 40,000 homes delivered. The audience is clear: buyers who want a genuine city address, with the beach within walking distance rather than a resort postcode.

The building rises seven floors over two entrances and offers ground-floor homes, mid-floor apartments and penthouses. Terraces define the scheme. Some reach 120 m² and glass balustrades frame them so the sea and mountain views are not cut off by a solid wall. Large windows draw light deep into each plan.

At ground level, residents share a 150 m² pool with an equipped solarium and a fully furnished chill-out area surrounded by greenery.

Construction began in the first quarter of 2026. Handover is expected at the end of 2027. In the release we track, ten of thirteen homes have sold. Three two-bedroom apartments remain, priced from €709,670 to €779,710. Built areas have not yet been published for these units, so we would request floor plans before comparing them on a per-metre basis with the wider Málaga market.

Prepared by the Roccabox New-Developments Desk · Marbella

At a glance

Key facts

01
59 two- and three-bedroom homes across seven floors in La Princesa, west Málaga
02
Terraces of up to 120 m² with glass balustrades and sea and mountain views
03
150 m² communal pool, equipped solarium and furnished chill-out area
04
Three two-bedroom homes left in this release, from €709,670
05
Construction started Q1 2026, completion due end of 2027

The current release

The 3 remaining apartments

Each one specified individually. Pricing released on enquiry.

+Show full unit listHide unit list 3 units · Unit, block, floor, specs, garage

Unit	Block	Floor	Beds	Baths	Interior	Outside	Garage
P1-6D	—	Ático	2	2	—	92 m² terrace	1 + storage
P1-6A	—	Ático	2	2	—	121 m² terrace	1 + storage
P1-6B	—	Ático	2	2	—	100 m² terrace	1 + storage

Pricing released on enquiry. Reservations require a refundable holding deposit, held under Spanish bank guarantee until completion.

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Live availability

3 of 13 apartments remain

Live data refreshed nightly from our multiple independent sources.

2-bedroom Apartments

From

€709,670

3 available

The off-plan discount curve

The off-plan discount, stage by stage

Off-plan entry typically offers the largest pricing headroom at the earliest stages. The advantage narrows as construction progresses — at completion the unit is priced at market. Aires de San Lucas currently sits in the Under construction band.

Coming soon

~40% off

Off-plan

~32% off

With licence

~27% off

Under construction

YOU ARE HERE

~22% off

Completed

~16% off

Current entry

€710k

Under construction pricing

Projected key-ready benchmark

€910k

Indicative uplift modelled against comparable new-build completions

Roccabox analyst view

Buying now means committing to a building already under way. Construction started in Q1 2026 and completion is due at the end of 2027. Scarcity is the clearest argument: ten of the thirteen homes in this release have sold and only three two-bedroom apartments remain. The developer uses its own construction company, technical teams and furniture factory, which gives it tighter control over timelines and quality. Personalisation is still available at this stage. On price, the €709,670 entry point sits well above nearby resale stock, where listed homes range from €165,000 to €425,000. That premium pays for a new building, a communal pool and terraces of up to 120 m². It should be weighed against floor plans once built areas are confirmed.

Reserving early

Why buyers reserve at this stage

Personalisation window

Reserving during the Under construction phase gives buyers genuine input into layout, finishes and basement use ahead of handover, a window that closes as the build advances.

Scarcity and specification

3 of 13 units remain. The plot sizes, orientation and amenity package on this scheme are not easily replicated in the immediate resale stock.

Risk-managed entry

Spanish new-build buyers are protected by staged payments held under bank guarantee, ten-year structural warranty and full licence review. Roccabox brokers all of this through regulated counsel.

Why buy with Roccabox

Your purchase is in safe hands

Licensed, regulated and trusted since 2017. We verify every development before listing it.

◆

Licensed agency

AIPP member · est. 2017 · Regulated by Spanish property law

◆

Live market data

Cross-referenced against the most credible Costa del Sol sources

◆

Buyer protections

Staged payments · bank guarantee · 10-yr warranty

Apartments

Specification

What every unit receives

Bedrooms

2 en-suite

Bathrooms

Build stage

Under construction

Completion

End of 2027

Warranty

10-yr structural

Energy

Class A (new build)

Málaga Oeste

Living in Málaga

Golf

6.3 km

Club de Golf Málaga Parador

Beach

1.2 km

Playa de San Andrés

Airport

5.5 km

Aeropuerto de Málaga - Costa del Sol

Restaurant

446 m

El Pescaito de Nicolas

Café

876 m

Tetería Nirvana

Bar

647 m

Café Bar La Giralda

Supermarket

324 m

Dia

Pharmacy

412 m

Farmacia Guillermina Quesada Galán

Hospital

663 m

Barbarela

Gym

1.1 km

JM Trainer

Padel / tennis

1.3 km

Escuela de Tenis Cortijo Alto

Marina

2.9 km

Marina Real Club Mediterráneo

Train station

620 m

Barbarela

Mornings here can start on the sand. Playa de San Andrés, the 700-metre stretch locals also call Huelin beach, lies about 1.2 km away on the Paseo Marítimo Antonio Machado. It has a cycle lane, beach volleyball courts and kayak and paddleboard hire. Closer to home, Huelin Park spreads across 32,000 m², with more than 700 trees shading an artificial lake. The planned Bosque Urbano will add roughly 100,000 m² of green space to the area.

Everyday errands take only a short walk. Supermarkets are within about 500 m and pharmacies are closer still. Neighbourhood bars and restaurants sit a few minutes away on foot. The Hospital Regional Universitario is a four-minute drive. Metro lines 1 and 2 stop at Princesa-Huelin and Barbarela.

2 km away, runs AVE services to Madrid, Seville, Barcelona, Zaragoza and Valencia.

Weekends open up further. The IGY and Real Club Mediterráneo marinas are six minutes away and golf at the Parador or Guadalhorce clubs is within a quarter of an hour. An average daytime high of 21.5°C keeps all of it within reach throughout the year.

From your door

Marbella Old Town

49 min by car

44.8 km direct

Puerto Banús

56 min by car

51.7 km direct

Málaga Airport

7 min by car

6.0 km direct

Mijas Pueblo

23 min by car

21.2 km direct

La Cala de Mijas

32 min by car

29.6 km direct

Estepona

1h 16m by car

69.9 km direct

Gibraltar

1h 52m by car

102.8 km direct

Ronda

1h 10m by car

64.4 km direct

Shahd Sherif · Your Roccabox specialist

New Developments Desk · Marbella office

Every Roccabox specialist on the New-Developments Desk has walked the projects we represent and reviewed the architectural drawings. We will tell you honestly which of the remaining Aires de San Lucas residences suits your brief, model the numbers in your currency, and arrange a private viewing within the week. Airport transfer arranged where helpful.

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WhatsApp the team +34 951 12 04 67

Real numbers

Understand the full picture

Spanish purchases involve taxes and fees that catch first-time international buyers off-guard. We surface every figure that matters.

Typical off-plan payment schedule

Spanish new-build purchases are typically paid in three staged instalments, with every euro held under bank guarantee until completion.

On reservation

€71k10%

Refundable holding deposit until contract signing; locks the unit out of the open market.

Contract signing

€142k20%

First instalment to the developer's bonded escrow account, around 4–8 weeks after reservation.

On completion

€497k70%

Balance paid when keys are handed over and the licence of first occupation issued.

Total cost of ownership

Purchase price · drag to model

€709,670

From €709,670€922,571

VAT / IVA (10% new build)

€70,967

Stamp duty / AJD (1.2%)

€8,516

Notary + registry (~1%)

€7,097

Legal fees (~1%)

€7,097

All-in

€803,346

Annual IBI (property tax) ≈ 0.4–1.1% of cadastral value. Community fees vary. Your gestor confirms exact figures.

Spanish mortgage scenario

Indicative non-resident mortgage on the slider price above. Spanish banks typically lend 60–70% LTV to non-residents over 20–25 years.

Monthly payment

€2,487/mo

Total repayable

€746,083

Loan-to-value · 70%

50%70%

Term · 25 years

10 yrs30 yrs

Interest rate · 3.50%

2.5%5.5%

Deposit required

€212,901

Loan amount

€496,769

Illustrative only. Actual Spanish mortgage terms depend on residency, income, tax history and the lender. Roccabox can introduce you to non-resident mortgage brokers.

Investment outlook

Three scenarios our analysts model on every Costa del Sol off-plan deal.

A · Hold and sell at key-ready

€127,741gross uplift

B · Rent long-term (gross/yr)

€19,871

C · Short-term rental (peak gross/yr)

€31,935

Capital growth · 8-yr area benchmark

+30–40%

Personal 5-year model

on request

Ranges are illustrative and gross. Short-term rentals require a tourism licence (VFT) and active management. Our investment analysts can model your specific scenario using current Marbella rental comparables.

Residency planning for non-EU buyers

Spain's property-based Golden Visa route closed to new applicants on 3 April 2025. Non-EU buyers acquiring property at this value still have residency routes — non-lucrative visa, digital-nomad visa, and case-specific options — depending on circumstances. We introduce regulated immigration counsel before any commitment.

Common questions

Buying off-plan in Spain, answered

Straight answers to the questions our specialists field most. For anything else, the assistant above answers in real time.

Is Aires de San Lucas a good investment compared to the local resale market?

Aires de San Lucas is positioned as a premium new-build product with developer warranty, modern specification and limited supply. Comparable to the broader resale stock in Málaga on price-per-m², the premium reflects new-build standards, plot quality and amenity package not typically available in the resale market. Our market analysts model the projected key-ready value on request.

What is the off-plan payment schedule in Spain?

Spanish off-plan purchases are typically staged: 10% on reservation (refundable holding deposit), a further 20% on signing the private purchase contract, and the remaining 70% on completion. Every euro paid before completion is held under bank guarantee — if the developer defaults, your money is refunded under Spanish law.

Can a non-resident get a mortgage to buy at Aires de San Lucas?

Yes. Spanish banks routinely lend 60–70% loan-to-value to non-residents on properties at this value, over terms of 20–25 years at competitive rates. Roccabox introduces vetted non-resident mortgage brokers at no cost.

Does buying at Aires de San Lucas qualify for Spanish residency?

Spain's property-based Golden Visa route closed to new applicants on 3 April 2025 under Organic Law 1/2025. However, other residency routes remain available depending on circumstances — non-lucrative visa, digital-nomad visa, work or family-based permits. Roccabox introduces regulated Spanish immigration counsel.

How far is Aires de San Lucas from Málaga airport?

Approximately 10 minutes' drive, with a direct route via the A-7 / AP-7 motorway.

What is included in the purchase price?

Price includes the unit as specified by the developer. Spanish purchase costs (VAT/IVA on new builds at 10%, AJD stamp duty at 1.2%, notary and registry around 1%, legal counsel typically 1%) sit on top of the headline price. The Roccabox team produces a personalised total-cost breakdown on request.

Can I personalise the property?

At the Under construction stage, Aires de San Lucas buyers can typically influence layout details, basement configuration, finishes and specification ahead of handover. The window narrows as the build progresses. Our specialist will walk you through what's still negotiable on each remaining unit.

Speak with us

Speak with our team.

Our New-Developments Desk has reviewed every project on the Costa del Sol catalogue and can walk you through which of the remaining 3 units suit your brief, model the numbers in your currency, and arrange a viewing — including airport transfer where helpful.

Ask a question now via the assistant, or have the team follow up with the full brief.

Shahd Sherif

New-Developments Desk · Marbella

EN · ES · RU · FR · NL · SV

Call the team · +34 951 12 04 67 WhatsApp the team Ask the assistant

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