Azure Living
Project lifecycle
Azure Living, in context.
Azure Living is a 49-residence apartment development positioned approximately 100 metres from the seafront in Torre del Mar, the established beach town on the Costa del Sol Oriental within the municipality of Vélez-Málaga. Conceived for buyers seeking a permanent residence or a well-placed coastal retreat rather than a resort enclave, the project spans one-, two- and three-bedroom configurations ranging from 52 to 114 m² of built area, with ground-floor units offering private gardens up to 224 m² and upper-floor penthouses delivering generous sun decks.
The architecture is described in developer materials as working with curved lines and sculptural massing — a deliberate departure from the rectilinear blocks that dominate the area's existing stock. Internally, kitchens come fitted with Bosch appliances, floors are laid in large-format porcelain tile, and the climate system runs on geothermal technology — a specification level that meaningfully exceeds typical coastal resale stock. With 31 of 49 units already reserved ahead of a Q3 2028 completion, the remaining 18 homes represent a late but not yet closed window.
Key facts
The 18 remaining apartments
Each one specified individually. Pricing released on enquiry.
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| Unit | Block | Floor | Beds | Baths | Interior | Outside | Garage | |
|---|---|---|---|---|---|---|---|---|
| 2 2E | — | — | 1 | 1 | 52 m² | 12 m² terrace · 65 m² plot | 1 + storage | |
| 2 3E | — | — | 1 | 1 | 52 m² | 12 m² terrace · 65 m² plot | 1 + storage | |
| 2 1D | — | — | 2 | 2 | 76 m² | 11 m² terrace · 89 m² plot | 1 + storage | |
| 2 2D | — | — | 2 | 2 | 76 m² | 11 m² terrace · 89 m² plot | 1 + storage | |
| 2 3D | — | — | 2 | 2 | 76 m² | 11 m² terrace · 89 m² plot | 1 + storage | |
| 2 1C | — | — | 2 | 2 | 82 m² | 11 m² terrace · 95 m² plot | 1 + storage | |
| 2 1F | — | — | 2 | 2 | 87 m² | 19 m² terrace · 107 m² plot | 1 + storage | |
| 1 1C | — | — | 2 | 2 | 87 m² | 19 m² terrace · 108 m² plot | 1 + storage | |
| 2 2F | — | — | 2 | 2 | 87 m² | 19 m² terrace · 107 m² plot | 1 + storage | |
| 2 Baja A | — | — | 2 | 2 | 87 m² | 58 m² garden · 154 m² plot | 1 + storage | |
| 1 1A | — | — | 2 | 2 | 80 m² | 20 m² terrace · 102 m² plot | 1 + storage | |
| 1 4C | — | — | 2 | 2 | 87 m² | 19 m² terrace · 108 m² plot | 1 + storage | |
| 1 4A | — | — | 2 | 2 | 80 m² | 20 m² terrace · 102 m² plot | 1 + storage | |
| 1 1D | — | — | 3 | 3 | 112 m² | 20 m² terrace · 135 m² plot | 1 + storage | |
| 2 Baja B | — | — | 3 | 2 | 110 m² | 52 m² garden · 173 m² plot | 1 + storage | |
| 2 5D | — | — | 2 | 2 | 82 m² | 53 m² terrace · 140 m² plot | 1 + storage | |
| 2 5B | — | — | 2 | 2 | 84 m² | 41 m² terrace · 129 m² plot | 1 + storage | |
| 1 5B | — | — | 3 | 3 | 114 m² | 103 m² terrace · 224 m² plot | 1 + storage |
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18 of 49 apartments remain
Live data refreshed nightly from our multiple independent sources.
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. Azure Living currently sits in the Off-plan band.
The market case here is grounded in straightforward arithmetic. The area's current average resale price per square metre sits at approximately €2,900 (, trailing three months), while new-build specification — geothermal systems, contemporary architecture, beach proximity — commands a premium that the resale stock in this price band demonstrably cannot match. With 63 per cent of units already absorbed by the market and completion set for Q3 2028, the remaining 18 homes carry genuine scarcity. Buyers entering now secure today's contracted price with roughly three years of coastal market trajectory ahead of them.
Why buyers reserve at this stage
Personalisation window
Reserving during the Off-plan 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
18 of 49 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.
The premium, contextualised
Useful context — not a substitute for unit-level valuation. Pricing data cross-referenced against live Costa del Sol market signals.
Azure Living is not priced against average Torre del Mar resale stock. It is a premium new-build product with the specification, plot quality and amenity package that the broader resale market typically does not match. At €5,684 per built m² the relevant question is whether the premium is justified against comparable new-build completions — not whether it beats the area's median of €2,900/m².
Comparable confidence: 70% · Source: live market data, 15/05/2026
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What every unit receives
Living in Torre del Mar
Torre del Mar is the seaside heart of the Axarquía coast — a working town with a long, uninterrupted promenade, a well-regarded local dining scene, and a distinctly unhurried pace that stands in contrast to the busier resort strips further west. The immediate neighbourhood around Azure Living places everyday amenities — bakeries, supermarkets, pharmacies — within a short walk, while the beach itself is virtually on the doorstep. Vélez-Málaga's historic centre, with its Moorish castle and weekly markets, lies just inland. Málaga city and its international airport are reachable in under 45 minutes by road, providing practical connectivity without the price premium of coastal developments closer to the capital.

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.
Total cost of ownership
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.
Investment outlook
Three scenarios our analysts model on every Costa del Sol off-plan deal.
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 Azure Living a good investment compared to the local resale market?
What is the off-plan payment schedule in Spain?
Can a non-resident get a mortgage to buy at Azure Living?
Does buying at Azure Living qualify for Spanish residency?
How far is Azure Living from Málaga airport?
What is included in the purchase price?
Can I personalise the property?
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 18 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.