Under construction · current release

Aires de San Lucas

Málaga Oeste · Málaga

Prices from

€409,940

Available

10 of 13

Bedrooms

2–3en-suite

Delivery

End of 2027

Type

Apartments

Size from

—

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 is a 59-apartment residential building in the La Princesa district of Málaga capital — a neighbourhood being reshaped by two significant public green-space investments — aimed at owner-occupiers and investors seeking a well-connected urban address within ten minutes of the coast.

The building rises across seven floors, divided between two entrance cores, with apartments of two and three bedrooms. Terraces reach up to 120 m², and floor-to-ceiling glazing with glass balustrades is used throughout to draw sea and mountain views into the living spaces. Shared amenities on the ground floor include a 150 m² pool with furnished solarium and a chill-out terrace. The developer, a national operator with more than 40,000 completed homes and its own in-house construction division, is bringing its first Málaga capital scheme to market at prices from €409,940 to €831,210 — a range that reflects both typology and floor position. Building licences are in place; construction is scheduled to begin in Q1 2026 with delivery targeted for end of 2027.

Prepared by the Roccabox New-Developments Desk · Marbella

At a glance

Key facts

01
59 two- and three-bedroom apartments across seven floors in two entrance cores
02
Terraces of up to 120 m² with sea and mountain views via full-height glazing
03
150 m² communal pool with furnished solarium on the ground-floor garden level
04
Building licence secured; construction Q1 2026, completion targeted end of 2027
05
Priced from €409,940 — 3 of 13 units tracked by Roccabox already reserved

The current release

The 10 remaining apartments

Each one specified individually. Pricing released on enquiry.

+Show full unit listHide unit list 10 units · Unit, block, floor, specs, garage

Unit	Block	Floor	Beds	Baths	Interior	Outside	Garage
P2-0B-Adaptada	—	Bajo	2	2	—	16 m² terrace	1 + storage
P2-0C-Adaptada	—	Bajo	2	2	—	17 m² terrace	1 + storage
P1-4A	—	4	2	2	—	14 m² terrace	1
P2-7B	—	Ático	2	2	—	9 m² terrace	1 + storage
P2-7C	—	Ático	2	2	—	9 m² terrace	1 + storage
P1-6C	—	Ático	2	2	—	16 m² terrace	1 + storage
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
P2-7D	—	Ático	3	2	—	112 m² terrace	1 + storage

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

Roccabox AI

Ask anything about Aires de San Lucas.

Our AI concierge knows every unit, every spec, every price, the off-plan timeline, the local market and how to compare this development against the others nearby. Answers in your language, instantly, any time.

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Live availability

10 of 13 apartments remain

Live data refreshed nightly from our multiple independent sources.

2-bedroom apartments

From

€409,940

9 available

3-bedroom apartment

From

€831,210

1 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

€410k

Under construction pricing

Projected key-ready benchmark

€526k

Indicative uplift modelled against comparable new-build completions

Roccabox analyst view

Building licences are already granted, removing the most common early-stage risk. With construction beginning Q1 2026 and handover set for end of 2027, buyers have a defined two-year horizon in which to complete their purchase while Málaga's residential market continues its upward trajectory — data shows the area's average price per square metre has risen consistently over the past twelve months. Three units have already sold from the Roccabox-tracked allocation, and the overall scheme of 59 homes leaves limited optionality at this price point in the capital.

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

10 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

2–3 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

La Princesa sits on the western edge of Málaga city, a district whose liveability credentials are being reinforced by two park projects: the existing Parque Huelin, a 32,000 m² green space with over 700 trees and an artificial lake, and the future Bosque Urbano, a 100,000 m² urban woodland intended to become the city's primary outdoor leisure corridor. Huelin Beach and the Antonio Machado promenade are ten minutes away on foot. Day-to-day infrastructure — schools, a public library, health centres, a municipal market and sports facilities — is within the immediate neighbourhood. For longer journeys, Málaga International Airport is ten minutes by car, and the María Zambrano high-speed rail station, with AVE services to Madrid, Barcelona and Seville, is also within ten minutes.

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

€41k10%

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

Contract signing

€82k20%

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

On completion

€287k70%

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

Total cost of ownership

Purchase price · drag to model

€409,940

From €409,940€831,210

VAT / IVA (10% new build)

€40,994

Stamp duty / AJD (1.2%)

€4,919

Notary + registry (~1%)

€4,099

Legal fees (~1%)

€4,099

All-in

€459,953

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

€1,437/mo

Total repayable

€430,974

Loan-to-value · 70%

50%70%

Term · 25 years

10 yrs30 yrs

Interest rate · 3.50%

2.5%5.5%

Deposit required

€122,982

Loan amount

€286,958

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

€73,789gross uplift

B · Rent long-term (gross/yr)

€11,478

C · Short-term rental (peak gross/yr)

€18,447

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.

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 10 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