€219,950
Third-Floor 1-Bedroom Apartment in El Tomillar, Vélez-Málaga
Vélez-Málaga · El Tomillar
1 bed1 bath50m²
Communal poolCommunal gardensLift+8
Costa del Sol
New Build in Vélez-Málaga
Explore 20 new developments and off-plan properties in Vélez-Málaga.
20 new-build properties in Vélez-Málaga
€264,950
Second-Floor 2-Bedroom Apartment in Camino Viejo de Málaga, Vélez-Málaga
Vélez-Málaga · Camino Viejo De Malaga
2 beds2 baths67m²
New buildSecond-floor apartment2 bedrooms+6
€269,950
Second-Floor 2-Bedroom New-Build Apartment, Camino Viejo de Málaga
Vélez-Málaga · Camino Viejo De Malaga
2 beds2 baths92m²
New buildSecond floorLift+6
€269,950
First-Floor 3-Bedroom New-Build Apartment, Camino Viejo de Málaga
Vélez-Málaga · Camino Viejo De Malaga
3 beds2 baths102m²
New buildFirst floor3 bedrooms+6
€273,000
Ground-Floor 3-Bedroom Apartment in Caleta de Velez, Vélez-Málaga
Vélez-Málaga · Caleta de Vélez
2 beds2 baths90m²
Communal poolCommunal gymLift+10
€274,950
Fifth-Floor New-Build 1-Bedroom Apartment, Camino Viejo de Málaga
Vélez-Málaga · Camino Viejo De Malaga
1 bed1 bath
New buildFifth floorLift+4
€279,950
New-Build 2-Bedroom Apartment in Centro, Torre Del Mar
Vélez-Málaga · Centro
1 bed1 bath76m²
New buildFirst floor96 m2 build+6
€289,950
Fifth-Floor 1-Bedroom New-Build Apartment, Camino Viejo de Málaga
Vélez-Málaga · Camino Viejo De Malaga
1 bed1 bath94m²
New buildFifth-floor apartment1 bedroom+5
€290,900
Top-Floor 2-Bedroom Penthouse in Vélez-Málaga, Vélez
Vélez-Málaga · Velez Malaga
1 bed1 bath46m²
New buildTop-floor penthouse5th floor+6
€315,700
First-Floor 3-Bedroom New-Build Apartment, Caleta de Vélez
Vélez-Málaga · Caleta de Vélez
3 beds2 baths109m²
New buildFirst floor3 bedrooms+7
€324,950
Fourth-Floor 3-Bedroom Apartment, Camino Viejo de Málaga
Vélez-Málaga · Camino Viejo De Malaga
3 beds2 baths99m²
New build3 bedrooms2 bathrooms+6
€339,950
Fourth-Floor 2-Bedroom Penthouse, Camino Viejo de Málaga
Vélez-Málaga · Camino Viejo De Malaga
2 beds2 baths128m²
New buildPrivate solariumCommunal pool+8
€359,950
Fourth-Floor 3-Bedroom Penthouse, Camino Viejo de Málaga
Vélez-Málaga · Camino Viejo De Malaga
3 beds2 baths115m²
New buildPrivate solariumCommunal pool+7
€359,950
Fifth-Floor 2-Bedroom Penthouse in El Tomillar, Vélez-Málaga
Vélez-Málaga · El Tomillar
2 beds2 baths104m²
New buildCommunal poolLift+9
€364,950
Top-Floor 2-Bedroom Penthouse, Camino Viejo de Málaga
Vélez-Málaga · Camino Viejo De Malaga
2 beds2 baths140m²
New buildFifth floorCommunal pool+5
€390,900
First-Floor 2-Bedroom New-Build Apartment, Vélez-Málaga
Vélez-Málaga · Velez Malaga
2 beds2 baths88m²
New buildCommunal poolAir conditioning+8
€399,950
3-Bedroom New-Build Penthouse, Camino Viejo de Málaga
Vélez-Málaga · Camino Viejo De Malaga
3 beds3 baths123m²
New build5th floor3 bedrooms+6
€438,000
Ground-Floor 2-Bedroom Apartment in Torre del Mar, Vélez-Málaga
Vélez-Málaga · Velez Malaga
2 beds2 baths79m²
Communal poolCommunal gymPrivate terrace+9
€516,000
First-Floor 3-Bedroom New-Build Apartment, Vélez-Málaga
Vélez-Málaga · Velez Malaga
3 beds2 baths112m²
New build3 bedrooms2 bathrooms+8
€759,500
Top-Floor 3-Bedroom Penthouse in Vélez-Málaga, Vélez
Vélez-Málaga · Velez Malaga
3 beds2 baths114m²
New buildTop-floor penthouse5th floor+8
Market Overview
New Developments in Vélez-Málaga
Vélez-Málaga is the lowest-cost new-build coastline on the Costa del Sol: apartments from €219,950, a median of €320,000 across our 22 active listings, and nothing above €745,000, at about €3,530 per m². The stock is small local developments rather than resort complexes, clustered around Camino Viejo de Málaga, the town centre and the marina district of Caleta de Vélez, a short hop from Torre del Mar's long promenade.
New construction in Vélez-Málaga follows the same technical code as the western coast at a fraction of the price: A and B energy ratings, aerothermal heating and communal pools in every current listing. The buyer mix is mostly Spanish with a growing northern-European contingent, and the Axarquía's year-round town economy keeps the area alive outside summer.
The Costa del Sol entry point: apartments from €219,950, median €320,000, ceiling under €745k
About €3,530 per m² — 30 to 40% below equivalent western-coast new build
Torre del Mar promenade and Caleta de Vélez marina minutes away; every listing has a pool
Same Código Técnico specs as the west: A/B energy ratings and aerothermal systems
Browse by Neighbourhood
New Build Guide
Buying Off-Plan in Vélez-Málaga
Vélez-Málaga is attracting growing new-build investment, with modern developments offering energy-efficient homes built to the latest Spanish construction code. Off-plan opportunities allow buyers to customise finishes and secure pre-completion pricing. The area's infrastructure, lifestyle amenities, and coastal setting continue to drive demand from both international investors and permanent residents.
The Off-Plan Buying Process
- 1
Reservation & NIE
Pay a reservation fee (typically €3,000–€10,000) to take the property off the market. You will need a Spanish NIE (tax identification number) and a Spanish bank account, both of which your lawyer can arrange.
- 2
Private Purchase Contract
Within 30 days, sign the contrato privado de compraventa and pay 10% of the purchase price (minus the reservation). This contract locks in the price and your chosen customisation options. Your deposit is protected by a bank guarantee under Ley 57/68.
- 3
Stage Payments During Build
For off-plan properties, further payments of 20–30% are due at construction milestones (foundations, structure, finishes). Each payment is backed by the mandatory bank guarantee — if the developer fails to deliver, you get your money back.
- 4
Pre-Delivery Snagging Inspection
Before completion, you (or your appointed surveyor) conduct a snagging inspection of the finished property. The developer must remedy any defects before handover. A retention amount of 5–10% of the final payment is typically held back until snagging items are resolved.
- 5
Completion & Notary Signing
Sign the escritura pública (title deed) before a notary, pay the remaining balance (usually 60–70% of the purchase price), and receive your keys. The notary registers the property at the Land Registry in your name. Typical completion timeline for off-plan: 18–24 months from reservation.
New Build Costs & Taxes
| Cost Item | Rate | Note |
|---|---|---|
| IVA (VAT) | 10% | Applies to all new-build purchases nationwide — replaces the ITP (transfer tax) charged on resale properties |
| AJD (Stamp Duty) | 1.2% | Rate set by the Andalucía regional government |
| Notary Fees | 0.5–1% | Scaled by property price; fixed by government tariff |
| Legal Fees | 1–1.5% | Independent lawyer recommended — never use the developer's lawyer |
| Land Registry | 0.5–1% | Registering the title deed in your name |
| Total Purchase Cost | ~13–14% | New-build total on top of the property price in Andalucía |
What to Expect in New Construction
- Energy rating A or B — mandatory for new construction under the Código Técnico de la Edificación
- Double-glazed thermal-break aluminium windows (Cortizo, Schüco, or equivalent)
- Pre-installed ducted air conditioning with aerothermal heat-pump system
- Underfloor heating in bathrooms; LED lighting throughout all rooms
- Porcelain tile flooring with buyer-selectable finishes (kitchen, bathrooms, living areas)
- Pre-installed fibre-optic internet and electric vehicle charging pre-installation
- Secure underground parking with storage room included
- 10-year structural warranty under the LOE (Ley de Ordenación de la Edificación)
Insider Tip — Vélez-Málaga
When buying off-plan in Vélez-Málaga, always instruct an independent lawyer — never use the developer's legal team. Request the bank guarantee certificate (aval bancario) before making any stage payment, and verify that the developer has all building licences and the first-occupation licence timeline. Visit the site at least twice during construction to monitor progress.
About Vélez-Málaga
Vélez-Málaga is the market town and capital of the Axarquía, the eastern Costa del Sol. The historic centre sits 4 km inland under a Moorish fortress, with a proper Spanish commercial life that owes nothing to tourism. Its seafront district, Torre del Mar, runs behind one of the longest promenades on the coast, and neighbouring Caleta de Vélez pairs the region’s main fishing harbour with a leisure marina.
The hills behind grow most of Europe’s mangoes and avocados, and the white villages of the Axarquía, Frigiliana and Cómpeta among them, are within half an hour. Property here costs 30 to 40% less than the western Costa del Sol, and the current new-build stock is small apartment developments rather than resort complexes.
The Basics
☀️
Climate
Summer 27–31°C · Winter 12–18°C
✈️
Airport
35–40 min from Málaga (AGP)
🌊
Beaches
Torre del Mar, Caleta, Benajarafe
⚓
Harbour
Caleta de Vélez fishing port & marina
🥭
Best Known For
The Axarquía & its promenade
🗣️
Languages
Spanish first, English understood
Things to Do
🚶
Torre del Mar Promenade
A palm-lined paseo running the length of the beach, busy with Spanish families on summer evenings and walkers all winter. The beach bars serve espetos, sardines grilled on boat spits.
🏰
The Fortress & Old Town
Climb through the historic quarter to the restored Alcazaba tower for views over the Axarquía. The Thursday market below is one of the region’s biggest.
⚓
Caleta de Vélez
The working fishing port lands the catch that supplies half the coast’s restaurants. Eat at the harbourside marisquerías, then walk the marina.
🏔️
White Villages of the Axarquía
Frigiliana, repeatedly voted among Spain’s prettiest villages, and wine-making Cómpeta are 25 to 35 minutes into the hills. The mango and avocado terraces line the whole route.
Property Types in Vélez-Málaga
Frequently Asked Questions
Maya Kallio
Co-Founder & Business Consultant · Based in Torrevieja since 2018
Maya founded OceanHome and oversees operations across 40+ properties on the Costa del Sol. Every tip in this guide comes from years of first-hand experience helping guests from all over the world.
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