Vélez-Málaga is a municipality and the capital of the Axarquía comarca in the province of Málaga, in the Spanish autonomous community of An…Vélez-Málaga is a municipality and the capital of the Axarquía comarca in the province of Málaga, in the Spanish autonomous community of Andalusia. It is the most important city in the comarca. Locally it is referred to as Vélez. Vélez-Málaga is the headquarters of the Commonwealth of Municipalities of Costa del Sol-Axarquía. The municipality forms part of the Costa del Sol region.