New development · Costa del Sol · Casares

Alcazaba Lagoon IV

From €475,000

2 beds · 114 m² built

Ref HT3917239Updated daily · Last sync 26 August 2026

About this property

Overview

Alcazaba Lagoon IV is a two-bedroom, two-bathroom apartment in Casares. The built size is 61 square metres. The terrace sizes vary widely, from 22 square metres to 106 square metres, so the smallest suits a table and chairs while the largest can hold dining and lounge furniture, sun beds, and still leave space. Homes face east or south. All have a parking space and a storage room. The setting is a complex built around a large artificial lagoon with white-sand beaches, and residents can kayak, paddleboard or swim in the lagoon. The complex covers 40,000 square metres of tropical gardens and includes a beach bar, restaurant, gym, jacuzzis, saunas and a volleyball court.

The location is suburban, on the mountain side of the AP-7 motorway in Casares. The nearest beach is an 11-minute drive. Estepona Golf is four minutes away, so this suits golfers who want to be close to a course without living in a golf resort. Estepona town centre is 19 minutes by car. You need a car for everything: shops, schools, restaurants. The Hospital de Alta Resolución de Estepona is 2.4 kilometres away. Gibraltar Airport is 51 minutes away.

The appeal here is the lagoon and the space around it, not the immediate surroundings. The area outside the gates is quiet, close to forest, with little else nearby. Families who want mountain air, golf access and a self-contained complex with plenty to do on site will find this works. Those who want to walk to cafés, shops or the beach will not.

Features

What this home includes

  • Pool
  • Private garden
  • Parking
  • Sea view
  • South facing

Property details

Specifications

Reference
HT3917239
Property type
Apartment
Developer
BENEFICIADO (UR13)
Bedrooms
2
Bathrooms
2
Built area
114 m²
Terrace
22 m² to 106 m²
Price range
€475,000
Pool
Yes
Garden
Yes
Garage
Yes
Sea view
Yes
South facing
Yes
City
Casares
Coast
Costa del Sol

What's Nearby

Nearest beach
11 mindrive
Estepona Golf
4 mindrive
Puerto Estepona
13 mindrive
Colegio Diocesano Juan XXIII
10 mindrive
ALDI
10 mindrive
Mercadona
11 mindrive
Carrefour
13 mindrive
Hospital de Alta Resolución de Estepona
11 mindrive
Farmacia Estepona
10 mindrive
Carrefour
18 mindrive
Estepona
19 mindrive
175 restaurants & bars
within 10 mindrive
Málaga Airport (AGP)
80 mindrive
Gibraltar Airport (GIB)
51 mindrive
Mountain side, north of the coastal road (A-7), hillside setting.

Location

Casares

Location shown is the development site. This development is in CasaresCosta del Sol.

Alcazaba Lagoon IV sits above the AP-7, towards the mountains in Casares. The nearest beach is 11 minutes away by car. Estepona Golf is just 4 minutes down the road, making this ideal for golfers. You can reach Gibraltar Airport in 51 minutes and Estepona town centre in 19 minutes. The Hospital de Alta Resolución de Estepona is nearby at 2.4km. This location suits families who want golf access and mountain living without being far from the coast.

18 questions answered

Alcazaba Lagoon IV: Frequently Asked Questions

Alcazaba Lagoon IV apartments range from €335,000 to €550,000, depending on size and features. All units come with a private garage, and you can choose between a private garden or access to the communal pool, so your investment covers both parking and outdoor space.

Alcazaba Lagoon IV is located in Casares on the Costa del Sol, a coastal town known for its relaxed lifestyle and access to beaches. You're positioned between the quieter side of the coast and easy reach of amenities, making it a good base if you want both tranquility and convenience.

Alcazaba Lagoon IV offers 2-bedroom middle floor apartments ranging from 61 m² to 104 m², so you can choose a more compact layout or a roomier option depending on your needs and budget within the €335,000 to €550,000 price range.

Yes, Alcazaba Lagoon IV apartments feature sea views with a south-facing orientation, which means you get natural light and views throughout the day. The combination of sea views and south-facing aspect makes these middle floor units particularly appealing for enjoying the coastal setting.

Alcazaba Lagoon IV is expected to be completed in October 2024, so units should be ready for handover soon. This relatively near-term completion date means you won't have a long wait before you can move in or start enjoying your investment.

Buying off-plan in Casares means reserving a property before or during construction. You pay a reservation deposit (typically €6,000 to €12,000), then sign a private purchase contract within 30 days and pay a further 10 to 20% of the purchase price. Staged payments follow the construction milestones. The final 60 to 70% is paid at notary completion when the keys are handed over.

Under Spanish law (Law 57/1968 and its 2015 successor), all off-plan deposits must be covered by a bank guarantee or insurance policy. Your lawyer must verify this before you pay any money. If the developer fails to deliver, you can claim 100% of your deposit plus 6% annual interest. Never transfer funds without a confirmed guarantee in your name.

Spanish law mandates three tiers: a 10-year structural guarantee (Seguro Decenal) for serious structural defects, a 3-year guarantee for habitability issues (waterproofing, insulation, installations), and a 1-year guarantee on finishes and fixtures. These run from the date the licence of first occupation (licencia de primera ocupación) is issued.

New-build purchases are subject to 10% IVA (VAT) on the purchase price, plus 1.2% AJD (stamp duty) in Andalucía. Parking spaces or storage sold separately may attract 21% IVA. Add notary, land registry and legal fees (1 to 2%), budget 12 to 15% on top of the purchase price in total acquisition costs.

Most developers allow personalisation during the early construction phase, choices of floor tiles, kitchen units, bathroom fixtures, paint colours and sometimes layout tweaks. The window for changes is typically 3 to 6 months after signing the contract. Structural changes are rarely possible once work has started. Your sales representative will provide a customisation deadline and specification sheet.

Typical build time in coastal Spain is 18 to 30 months from licence grant to completion. Delays of 3 to 6 months are common due to weather, supply-chain or permit issues. Your contract should specify a longstop completion date and the compensation you are owed for any overrun. Always check whether the building licence has already been granted before reserving.

Key due-diligence points: (1) confirm the building licence is granted, not just applied for; (2) verify all deposits are bank-guaranteed in your name; (3) check the developer's track record and financial standing; (4) review the specification sheet and what is included in the price; (5) confirm the estimated completion date and longstop clause; (6) have an independent Spanish lawyer review the contract before you sign anything.

Yes, both are required before the final notary signing. You can reserve with a passport, but your Spanish NIE (foreigner tax number) is needed for the private purchase contract and your Spanish bank account for the staged transfers. Your lawyer can obtain your NIE with a power of attorney in 2 to 4 weeks. Open the bank account on your first trip to Spain or remotely via certain Spanish banks.

Yes. Spanish banks lend to non-residents at typical LTVs of 60 to 70% of the lower of purchase price or valuation (vs 80% for residents). Rates are competitive with the rest of the eurozone. You will need 6 months of bank statements, tax returns and proof of income, pre-approval takes 2 to 4 weeks.

Recommended for serious buyers. A mortgage in principle confirms your budget, signals credibility to sellers and shortens completion. We can introduce you to specialist non-resident mortgage brokers familiar with the local market.

Resale property in Andalucía: ITP (transfer tax) at 7%. New-build: 10% IVA + 1.2% AJD (stamp duty). Plus notary, land registry and legal fees of roughly 1 to 2%. Budget 10 to 13% on top of the asking price for total acquisition costs.

Annual IBI (council tax) is typically 0.4 to 1.1% of cadastral value. Community fees on apartments and gated villas range €100 to €600/month depending on amenities. Non-resident owners pay an annual income tax based on cadastral value, plus utilities and home insurance.

In Spain the seller pays the agent commission (typically 3 to 6% + VAT), already baked into the asking price. Buyers do not pay agent fees on resale or new-build.

Market context

How it sits in the market

Live €/m² comparisons from current inventory of similar apartments in the same city.

This Apartment

€4,167 / m²

€4,167 × 114 m² = €475,000 asking · entry unit

Comparable averages

  • Apartments & penthouses in Casares

    13 active listings

    €4,736 / m²12% below market

Similar projects

More developments in Casares

Camarate Hills FASE II

Camarate Hills FASE II

Casares

From €305,000
Bliss Homes

Bliss Homes

Casares

From €395,000
ARRECIFE

ARRECIFE

Casares

From €398,000
Abril Doña Julia

Abril Doña Julia

Casares

From €428,000
Amaranta Living

Amaranta Living

Casares

From €446,000
Alura Living FASE II

Alura Living FASE II

Casares

From €450,900
View all new developments

Newsletter · Every Friday

Track the Costa del Sol market without the noise.

Every Friday: the properties worth a second look, what prices are doing in Marbella and Estepona, and one honest take on the market. For buyers who are serious, but not ready to be sold to yet.

Join 1,200 buyers and investors already tracking the Costa del Sol.