Monthly payment
€946/mo
Under construction · current release
Los Olivos Residencial Fase III
Vélez-Málaga · Vélez-Málaga · Ref: RDEV2396
Prices from
€269,950
Available
25 of 48
Bedrooms
2–3en-suite
Delivery
1st Trimester 2027
Type
Apartments
Size from
79 m²
Total homes
48 homes
Phase
Under construction
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
Los Olivos Residencial Fase III, in context.
Los Olivos Residencial Fase III is the third phase of a 92-home scheme in Vélez-Málaga, the market town at the heart of the Axarquía. This phase adds 48 apartments across seven four-storey blocks, offered as two- and three-bedroom homes and three-bedroom penthouses, with built areas ranging from 79 m² to 189 m². Prices run from €269,950 to €389,950, and 23 of the 48 units are already reserved.
Specification is practical rather than showy: ducted air conditioning throughout, fully fitted kitchens with integrated appliances, and terraces on most homes. A garage is included in every price, and most apartments carry a storage room. The setting is residential and walkable, close to Parque María Zambrano, with a private gated garden and community pool.
Completion is scheduled for the first quarter of 2027, leaving buyers time to select from remaining stock at pre-completion pricing.
Prepared by the Roccabox New-Developments Desk · Marbella
At a glance
Key facts
01
48 apartments across seven four-storey blocks; 23 already reserved
02
Two- and three-bedroom homes and penthouses, 79–189 m² built
03
Prices from €269,950 to €389,950, garage included in every home
04
Ducted air conditioning, fitted kitchens, private gated pool
05
Completion scheduled for Q1 2027
The current release
The 25 remaining apartments
Each one specified individually. Pricing released on enquiry.
+Show full unit listHide unit list
| Unit | Block | Floor | Beds | Baths | Interior | Outside | Garage | |
|---|---|---|---|---|---|---|---|---|
| — | — | P03 | 2 | 2 | 84 m² | 9 m² terrace | 1 | |
| — | — | P02 | 2 | 2 | 85 m² | — | 1 | |
| — | — | P02 | 2 | 2 | 83 m² | 5 m² terrace | 1 | |
| — | — | P01 | 2 | 2 | 83 m² | 15 m² terrace | 1 | |
| — | — | P01 | 2 | 2 | 93 m² | 15 m² terrace | 1 | |
| — | — | P03 | 2 | 2 | 79 m² | 9 m² terrace | 1 | |
| — | — | P03 | 2 | 2 | 86 m² | 6 m² terrace | 1 | |
| — | — | P01 | 2 | 2 | 106 m² | 19 m² terrace | 1 | |
| — | — | P02 | 2 | 2 | 95 m² | 16 m² terrace | 1 | |
| — | — | P03 | 2 | 2 | 93 m² | 15 m² terrace | 1 | |
| — | — | P03 | 2 | 2 | 93 m² | 15 m² terrace | 1 | |
| — | — | P02 | 2 | 2 | 94 m² | 16 m² terrace | 1 | |
| — | — | P01 | 3 | 2 | 117 m² | 23 m² terrace | 1 | |
| — | — | P03 | 3 | 2 | 102 m² | 8 m² terrace | 1 | |
| — | — | P03 | 3 | 2 | 114 m² | 20 m² terrace | 1 | |
| — | — | P04 | 2 | 2 | 153 m² | 62 m² terrace | 1 | |
| — | — | P04 | 2 | 2 | 153 m² | 62 m² terrace | 1 | |
| — | — | P04 | 3 | 2 | 146 m² | 10 m² terrace | 1 | |
| — | — | P04 | 3 | 2 | 146 m² | 10 m² terrace | 1 | |
| — | — | P04 | 3 | 2 | 157 m² | 11 m² terrace | 1 | |
| — | — | P04 | 3 | 2 | 156 m² | 11 m² terrace | 1 | |
| — | — | P04 | 3 | 2 | 157 m² | 11 m² terrace | 1 | |
| — | — | P04 | 3 | 2 | 160 m² | 9 m² terrace | 1 | |
| — | — | P04 | 3 | 2 | 189 m² | 86 m² terrace | 1 | |
| — | — | P04 | 3 | 2 | 189 m² | 86 m² terrace | 1 |
Pricing released on enquiry. Reservations require a refundable holding deposit, held under Spanish bank guarantee until completion.
Roccabox AI
Ask anything about Los Olivos Residencial Fase III.
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.
Answers will appear here. Try a starter question above, or type your own.
Live availability
25 of 48 apartments remain
Live data refreshed nightly from our multiple independent sources.
2-bedroom Apartments
79–153 m²
From
€269,950
14 available
3-bedroom Apartments
102–189 m²
From
€319,550
11 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. Los Olivos Residencial Fase III 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
€270k
Under construction pricing
Projected key-ready benchmark
€346k
Indicative uplift modelled against comparable new-build completions
Roccabox analyst view
Construction is already under way with completion set for Q1 2027, which removes much of the timing risk that early-stage launches carry. Nearly half the phase is reserved, so the widest choice of orientation and layout applies to remaining stock now. At entry pricing near €270,000, homes here sit above the wider Vélez-Málaga resale median of roughly €1,995 per m², reflecting new-build specification, included garaging and the gated communal setting.
Reserving early
Why buyers reserve at this stage
01
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.
02
Scarcity and specification
25 of 48 units remain. The plot sizes, orientation and amenity package on this scheme are not easily replicated in the immediate resale stock.
03
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.
Market reality
The premium, contextualised
Useful context — not a substitute for unit-level valuation. Pricing data cross-referenced against live Costa del Sol market signals.
Los Olivos Residencial Fase III is not priced against average Vélez-Málaga 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 €3,417 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 €1,995/m².
Comparable confidence: 70% · Source: live market data, 24/07/2026
Vélez-Málaga apartments median (€/m²)
€1,995
Los Olivos Residencial Fase III (€/m² built)
€3,417
Premium reflects
new-build specification · scarcity · plot & orientation
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
◆
Plot verified
Spanish national land registry
◆
Live market data
Cross-referenced against the most credible Costa del Sol sources
◆
Buyer protections
Staged payments · bank guarantee · 10-yr warranty
79–189 m²
Internal area per unit
Specification
What every unit receives
Bedrooms
2–3 en-suite
Bathrooms
2
Built area
79–189 m²
Build stage
Under construction
Completion
1st Trimester 2027
Warranty
10-yr structural
Energy
Class A (new build)
Document
Vélez-Málaga
Living in Vélez-Málaga
The location favours everyday convenience over resort seclusion. A Mercadona sits roughly 400 metres away, with pharmacies, cafés and restaurants such as Marisquería La Marenga all within a few minutes on foot. The Hospital Comarcal de La Axarquía is a seven-minute drive, and Parque María Zambrano, the town's main public park, is close by.
The coast is within easy reach: the nearest beaches lie around 4.7 kilometres away, roughly nine minutes by car, with Puerto Deportivo Caleta de Vélez marina a ten-minute drive. Padel courts and a golf course are both within five minutes. Málaga airport is about 72 minutes by road. The climate is mild, with average highs near 22°C and lows around 16°C, supporting terrace living for much of the year.
From your door
Marbella Old Town
1h 22m by car
75.1 km direct
Puerto Banús
1h 30m by car
82.1 km direct
Málaga Airport
40 min by car
36.6 km direct
Mijas Pueblo
56 min by car
51.2 km direct
La Cala de Mijas
1h 3m by car
57.3 km direct
Estepona
1h 49m by car
100.3 km direct
Gibraltar
2h 24m by car
131.9 km direct
Ronda
1h 43m by car
94.1 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 Los Olivos Residencial Fase III residences suits your brief, model the numbers in your currency, and arrange a private viewing within the week. Airport transfer arranged where helpful.
EnglishEspañolРусскийFrançaisNederlandsSvenska
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
€27k10%
Refundable holding deposit until contract signing; locks the unit out of the open market.
Contract signing
€54k20%
First instalment to the developer's bonded escrow account, around 4–8 weeks after reservation.
On completion
€189k70%
Balance paid when keys are handed over and the licence of first occupation issued.
Total cost of ownership
VAT / IVA (10% new build)
€26,995
Stamp duty / AJD (1.2%)
€3,239
Notary + registry (~1%)
€2,700
Legal fees (~1%)
€2,700
All-in
€302,884
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.
Total repayable
€283,801
50%70%
10 yrs30 yrs
2.5%5.5%
Deposit required
€80,985
Loan amount
€188,965
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
€48,591gross uplift
B · Rent long-term (gross/yr)
€7,559
C · Short-term rental (peak gross/yr)
€12,148
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 Los Olivos Residencial Fase III a good investment compared to the local resale market?
Los Olivos Residencial Fase III is positioned as a premium new-build product with developer warranty, modern specification and limited supply. Comparable to the broader resale stock in Vélez-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 Los Olivos Residencial Fase III?
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 Los Olivos Residencial Fase III 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 Los Olivos Residencial Fase III from Málaga airport?
Approximately 40 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, Los Olivos Residencial Fase III 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 25 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
Explore more
Developments near Vélez-Málaga
50 hand-curated Costa del Sol projects worth a look.
Off-plan
645 m away
Ambar Homes
From€255k
Under construction
1.4 km away
Lavanda Villas
From€400k
Under construction
3.5 km away
Aquamar Residencial Fase II
From€270k
Off-plan
4.3 km away
Baviera Golf Fase III
From€273k
Off-plan
4.5 km away
Residencial Marinsa La Viña
From€630k
Off-plan
4.9 km away
Azure Living
From€296k
Completed
7.5 km away
Costa Niza
From€361k
Under construction
11 km away
Proa
From€435k
Under construction
12 km away
Marinsa Altair
From€305k
Under construction
13 km away
Brisa
From€455k
With licence
14 km away
Victoria Hills
From€400k
With licence
15 km away
Almara Residences
From€313k
Completed
15 km away
Idilia Meraki
From€695k
Under construction
15 km away
Idilia Aire
From€470k
Under construction
16 km away
Residencial Peñoncillo IV
From€320k
Completed
16 km away
Infinity Views
From€341k
Completed
17 km away
Idilia Terram
From€475k
Off-plan
22 km away
Los Arcos Luxury Villas
From€1.15M
Under construction
22 km away
Marinsa Paradise
From€850k
Under construction
22 km away
Pinares de San Antón
From€2.7M
Under construction
22 km away
Pinares Hills Fase II
From€2.98M
Completed
24 km away
Unique
From€1.77M
Under construction
25 km away
Finca Avignon
From€1.45M
Under construction
27 km away
Be Grand El Limonar
From€2.4M
Completed
27 km away
Luxy Sancha
From€472k
Completed
29 km away
Pozos Dulces 29
From€370k
Completed
30 km away
Metropolitan Homes
From€325k
Under construction
30 km away
Malaga Centrum
From€325k
Under construction
31 km away
Aires de San Lucas
From€519k
Off-plan
31 km away
Milabeka
From€560k
Off-plan
32 km away
Térmica Beach I
From€750k
Under construction
32 km away
Octavia
From€2.15M
Under construction
35 km away
Bulevar 360
From€367k
Off-plan
36 km away
Habitat Alborán-Mistral
From€636k
Off-plan
36 km away
Habitat Alborán – Bora
From€779k
Off-plan
39 km away
Ykines Torremolinos
From€377k
Under construction
40 km away
Living Gardens Torremolinos
From€358k
With licence
40 km away
Carlota Gardens
From€428k
Under construction
40 km away
One Oak
From€563k
Under construction
40 km away
Kosmos
From€402k
Under construction
41 km away
Residencial Pacaraima
From€645k
Off-plan
41 km away
Magna Torremolinos Fase 1
From€475k
Off-plan
41 km away
Magna Torremolinos Fase 2
From€412k
Off-plan
41 km away
Art Marina
From€504k
Under construction
41 km away
Kool Torremolinos
From€428k
Under construction
41 km away
Marina Golden Bay
From€992k
Completed
43 km away
Nexus Residences Benalmádena
From€524k
Under construction
43 km away
La Roca 2
From€1.74M
Off-plan
43 km away
Villa Fo Guang Shan - STUPA
From€1.74M
Under construction
43 km away
Villa Eco Nordic
From€1.1M