Monthly payment
€946/mo
Under construction · current release
Los Olivos Residencial Fase III
Vélez-Málaga · Vélez-Málaga · Ref: RDEV2396
Prices from
€269,950
Available
24 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 occupies a quiet residential pocket of Vélez-Málaga, the market town that runs the Axarquía and sits roughly ten minutes back from the water. This phase adds 48 apartments to a scheme of 92 homes, laid out over seven blocks of four storeys behind a gated entrance.
Two and three bedroom layouts run from 79 m² to 189 m², the largest of them three-bedroom penthouses.
The specification is more generous than the price implies. Ducted air conditioning reaches the living room and every bedroom. Kitchens come fully fitted with high-end appliances, so nothing needs ordering before the first summer.
Most homes take a terrace and most include a storage room, while a garage space is built into every price rather than sold alongside it.
Construction is under way with handover guided to the first trimester of 2027 and 24 of the 48 homes are already taken. Prices run from €269,950 to €389,950. One detail to settle at reservation: the developer's own description calls this run of 48 homes the second phase, while the project is marketed as Fase III.
Prepared by the Roccabox New-Developments Desk · Marbella
At a glance
Key facts
01
48 apartments within a 92-home scheme, seven blocks of four storeys, gated with a pool
02
Two and three bedrooms, 79 m² to 189 m², from €269,950 to €389,950
03
Garage space included in every price, storage room with most homes
04
Half the phase gone: 24 of 48 homes already sold
05
Under construction now, handover guided to the first trimester of 2027
The current release
The 24 remaining apartments
Each one specified individually. Pricing released on enquiry.
+Show full unit listHide unit list
| Unit | Block | Floor | Beds | Baths | Interior | Outside | Garage | |
|---|---|---|---|---|---|---|---|---|
| — | — | P01 | 2 | 2 | 93 m² | 15 m² terrace | 1 | |
| — | — | P02 | 2 | 2 | 83 m² | 5 m² terrace | 1 | |
| — | — | P01 | 2 | 2 | 83 m² | 15 m² terrace | 1 | |
| — | — | P02 | 2 | 2 | 85 m² | — | 1 | |
| — | — | P03 | 2 | 2 | 84 m² | 9 m² terrace | 1 | |
| — | — | P03 | 2 | 2 | 79 m² | 9 m² terrace | 1 | |
| — | — | P01 | 2 | 2 | 106 m² | 19 m² terrace | 1 | |
| — | — | P03 | 2 | 2 | 93 m² | 15 m² terrace | 1 | |
| — | — | P02 | 2 | 2 | 94 m² | 16 m² terrace | 1 | |
| — | — | P02 | 2 | 2 | 95 m² | 16 m² terrace | 1 | |
| — | — | P03 | 2 | 2 | 93 m² | 15 m² terrace | 1 | |
| — | — | P01 | 3 | 2 | 117 m² | 23 m² terrace | 1 | |
| — | — | P03 | 3 | 2 | 114 m² | 20 m² terrace | 1 | |
| — | — | P03 | 3 | 2 | 102 m² | 8 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 | 157 m² | 11 m² terrace | 1 | |
| — | — | P04 | 3 | 2 | 156 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.
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Live availability
24 of 48 apartments remain
Live data refreshed nightly from our multiple independent sources.
2-bedroom Apartments
79–153 m²
From
€269,950
13 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
This is not a pre-launch gamble. Construction has started, the completion window is stated as the first trimester of 2027 and 24 of the 48 homes are already reserved, so the remaining choice of floor, orientation and penthouse is narrowing rather than expanding. Buying now fixes the price against a market that has moved steadily: Casafari records the Vélez-Málaga average at €1,981 per m² for the last three months against €1,812 twelve months ago. Payments stage through the build instead of landing in one sum and the garage, ducted air conditioning and fitted kitchen are all inside the purchase price rather than added afterwards.
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
24 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 €2,003/m².
Comparable confidence: 70% · Source: live market data, 01/10/2026
Vélez-Málaga apartments median (€/m²)
€2,003
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
Everything that makes a week run smoothly is on foot here. A Mercadona sits about 400 metres from the entrance with a second one just beyond, three pharmacies fall inside a seven-minute walk and the first bars and tapas counters begin at around 250 metres. Breakfast is a five-minute stroll, as is the fish and shellfish cooking that Vélez does properly. Parque María Zambrano, the town's big public park, is on the doorstep for morning runs and children who need somewhere to burn an hour.
The coast is close without being underfoot. The nearest beach is a nine-minute drive, Playa de La Caleta eleven and the fishing and leisure harbour at Caleta de Vélez about ten minutes, where the day's catch comes in beside the moorings. Golf is four minutes away, padel the same.
Hospital Comarcal de La Axarquía is seven minutes by car, which matters more to full-time residents than most brochures admit.
The climate does the rest. Ten-year averages give a daily high of 22°C and a low of 15.9°C, which is terrace weather for most of the year and the reason those terraces earn their space.
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.
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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
€305,583
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 24 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
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