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Current release · 11 of 31 villas available
Proa, Vélez-Málaga
Proa, Vélez-Málaga
Proa, Vélez-Málaga
Proa, Vélez-Málaga
Proa, Vélez-Málaga
Under construction · current release

Proa

Vélez-Málaga · Vélez-Málaga · Ref: RDEV2361
Prices from
€455,000
Available
11 of 31
Bedrooms
3–4en-suite
Delivery
Q3 2028
Type
Villas
Size from
111 m²
Total homes
31 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

Proa, in context.

Proa sits on a natural balcony above the sea at Castillo de Lagos, on the coastal fringe of Vélez-Málaga in the eastern Axarquía. It is a small community of semi-detached family houses with three or four bedrooms and 111 to 133 m² built. The houses suit buyers who want a permanent home or a well-kept second base on a quieter stretch of the Costa del Sol. Behind the project is a developer team with more than a century of history and press reports put its investment here at €14.6 million.

The architecture follows the slope rather than fighting it. Every house faces southeast, south or southwest, so the Mediterranean stays in view from the first coffee to the last light of the evening. The terraces are the real living rooms. 7 m² and almost 87 m², enough for a long lunch table, loungers and proper shade.

Every home has its own parking and the largest plots reach 241 m².

The specification behind the walls matters just as much. The homes carry an A energy rating for both consumption and emissions. They have aerothermal hot water, ducted air conditioning, thermally broken window frames and low-energy lighting. This is the kind of build quality you notice each month in lower running costs. Completion is scheduled for Q3 2028.

Of the 31 homes currently listed, 20 have already sold.

Prepared by the Roccabox New-Developments Desk · Marbella
At a glance

Key facts

01
Three and four-bedroom semi-detached villas, 111 to 133 m² built
02
Every home faces southeast, south or southwest towards the Mediterranean
03
Terraces of 71.7 m² to almost 87 m² with private parking
04
Energy rating A with aerothermal hot water and ducted air conditioning
05
20 of 31 listed homes sold, completion scheduled for Q3 2028
The current release

The 11 remaining villas

Each one specified individually. Pricing released on enquiry.

+Show full unit listHide unit list 11 units · Unit, block, floor, specs, garage
Unit Block Floor Beds Baths Interior Outside Garage
28 — — 3 2 111 m² 78 m² terrace · 79 m² garden · 197 m² plot 1
29 — — 3 2 111 m² 78 m² terrace · 81 m² garden · 199 m² plot 1
30 — — 3 2 111 m² 78 m² terrace · 82 m² garden · 200 m² plot 1
31 — — 3 2 111 m² 84 m² terrace · 74 m² garden · 206 m² plot 1
5 — — 3 2 115 m² 102 m² terrace · 37 m² garden —
45 — — 3 2 111 m² 101 m² terrace · 98 m² garden · 241 m² plot 1
22 — — 3 2 116 m² 104 m² terrace · 50 m² garden —
21 — — 3 2 116 m² 104 m² terrace · 50 m² garden —
37 — — 3 2 116 m² 79 m² terrace · 93 m² garden —
36 — — 3 2 133 m² 48 m² terrace · 105 m² garden —
35 — — 4 3 133 m² 108 m² terrace · 71 m² garden · 231 m² plot 1
Pricing released on enquiry. Reservations require a refundable holding deposit, held under Spanish bank guarantee until completion.
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Ask anything about Proa.

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Live availability

11 of 31 villas remain

Live data refreshed nightly from our multiple independent sources.

3-bedroom Villas 111–133 m²
From
€455,000
10 available
4-bedroom Villa 133 m²
From
€655,000
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. Proa currently sits in the Under construction band.

MORE LESS DISCOUNT TODAY · YOU ARE HERE COMING SOONOFFPLANWITH LICENCESTARTEDCOMPLETED ~40% off~32% off~27% off~22% off~16% off
Coming soon
~40% off
Off-plan
~32% off
With licence
~27% off
Under construction
YOU ARE HERE
~22% off
Completed
~16% off
Current entry
€455k
Under construction pricing
Roccabox analyst view

Construction has started and keys are scheduled for Q3 2028. Buyers who commit now secure a sea-facing home before the last 11 of the 31 listed units are taken. Current listings start at €455,000. Launch pricing reported in July 2025 started at €388,000 plus VAT. To be candid, Casafari puts local resale stock at about €1,360/m², so Proa is not a bargain against older homes nearby. The case rests on something else: an A-rated new build with large terraces and protected views in an area the developer calls one of the most promising on this coast. Launch materials refer to 45 homes overall. We can confirm current release status on request.

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

11 of 31 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.

Proa 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 €4,099 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 €1,360/m².

Comparable confidence: 70% · Source: live market data, 08/10/2026

Vélez-Málaga villas median (€/m²)
€1,360
Proa (€/m² built)
€4,099
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
◆
Live market data
Cross-referenced against the most credible Costa del Sol sources
◆
Buyer protections
Staged payments · bank guarantee · 10-yr warranty
Proa
Proa
Proa
111–133 m²
Internal area per unit
Specification

What every unit receives

Bedrooms
3–4 en-suite
Bathrooms
2–3
Built area
111–133 m²
Build stage
Under construction
Completion
Q3 2028
Warranty
10-yr structural
Energy
Class A (new build)
Vélez-Málaga

Living in Vélez-Málaga

Beach
217 m
Playa del Morche
Beach club
10.8 km
Solarium Almanat
Airport
45.2 km
Aeropuerto de Málaga - Costa del Sol
Restaurant
86 m
Pitufo's Costa Taperia
Café
481 m
La Playa
Bar
1.5 km
Chez Christel
Supermarket
2.4 km
Mercadona
Pharmacy
199 m
Farmacia El Morche
Hospital
8.6 km
Hospital Comarcal de La Axarquía
Gym
2.8 km
Yoga Vidya / Ayurveda Oasis
Marina
6.7 km
Puerto Deportivo Caleta de Vélez

Daily life at Proa follows the easy rhythm of El Morche, a small seaside village about three minutes away. Playa del Morche is the nearest stretch of sand. Around it you will find Pitufo's Costa Taperia, Café Bar Axarquía and the beach café La Playa, plus Farmacia El Morche for everyday needs. Annual average highs of around 22°C, with average lows near 16.5°C, mean the terrace is as useful in January as it is in July.

The weekly shop is a five-minute drive away at Mercadona. Torrox and Torre del Mar are both around 15 minutes away and offer a wider choice of shops and restaurants. The Puerto Deportivo Caleta de Vélez lies some 13 minutes along the coast for anyone who keeps a boat or simply likes lunch by the water. Yoga studios and a training gym are within six minutes.

Hospital Comarcal de La Axarquía is 17 minutes by car.

From your door
Marbella Old Town
1h 31m by car
83.3 km direct
Puerto Banús
1h 38m by car
90.2 km direct
Málaga Airport
50 min by car
45.6 km direct
Mijas Pueblo
1h 5m by car
59.6 km direct
La Cala de Mijas
1h 10m by car
64.3 km direct
Estepona
1h 58m by car
108.5 km direct
Gibraltar
2h 31m by car
138.6 km direct
Ronda
1h 54m by car
104.4 km direct
Shahd Sherif, Roccabox New Developments Desk
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 Proa 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
€46k10%
Refundable holding deposit until contract signing; locks the unit out of the open market.
Contract signing
€91k20%
First instalment to the developer's bonded escrow account, around 4–8 weeks after reservation.
On completion
€319k70%
Balance paid when keys are handed over and the licence of first occupation issued.

Total cost of ownership

€455,000
From €455,000€655,000
VAT / IVA (10% new build)
€45,500
Stamp duty / AJD (1.2%)
€5,460
Notary + registry (~1%)
€4,550
Legal fees (~1%)
€4,550
All-in
€515,060
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
€1,594/mo
Total repayable
€478,346
50%70%
10 yrs30 yrs
2.5%5.5%
Deposit required
€136,500
Loan amount
€318,500
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
€81,900gross uplift
B · Rent long-term (gross/yr)
€12,740
C · Short-term rental (peak gross/yr)
€20,475
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 Proa a good investment compared to the local resale market?
Proa 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 Proa?
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 Proa 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 Proa from Málaga airport?
Approximately 50 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, Proa 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 11 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
Shahd Sherif
New-Developments Desk · Marbella
EN · ES · RU · FR · NL · SV
Request the full brief
Receive current availability, floor plans, payment schedule and our analyst notes on Vélez-Málaga, as a live, personalised link.
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