Last November, it was announced that the third season of the Velvet spinoff would be its last. 

Executive producer Teresa Fernández-Valdés shared the news with Fotogramas, and revealed that the cast and crew felt it was the right time to end the series, despite Season 2's positive ratings. 

"We are at that moment in which I think it corresponds to finish and do it as we did with Alberto and Ana: finish with a good ending," she explained. "The first ending was done in style, with the episode having several scenes recorded live. We are scrutinizing our brains to see what we do this time." 

She went on to explain how Clara and Mateo's love story will likely be the focus of the final season. "The equivalent of the love story of Alberto and Ana in Velvet Collection would be Clara and Mateo's," she added. "They start the second season asking for a divorce and continue in a tug-of-war. Season 3 will be the test of fire for this couple." 

Marta Hazas, who plays Clara Montensinos on the show, also agreed with the decision to end Velvet Collection after three seasons (her seventh if you count the original Velvet series). "To me, when a series is extended, it has never seemed to be a cause for concern. On the contrary, I worry when a series lasts very little," she told La Vanguardia. "In that sense I am very happy about the duration of this... It's a luxury."