New development · Costa del Sol · Casares

Alcazaba Lagoon IV

€335,000 to €550,000

2 beds · 61 to 104 m² built · Est. completion 2024-10-10

Ref HT3917239

Updated daily · Last sync 2026-06-14T21:50:27.865915+00:00

About this property

Overview

Alcazaba Lagoon IV is a new development of 2-bedroom middle floor apartments for sale in Casares, Costa del Sol, priced from €335,000 to €550,000. The defining feature here is access to Europe's first Crystal Lagoon, a private amenity exclusive to residents across the wider Alcazaba Lagoon estate. This is not a communal pool but a 40,000 m² tropical lagoon complex with white-sand beaches, kayaking, and paddleboarding facilities. For buyers comparing coastal developments in the €300,000–€550,000 bracket, the lagoon represents a tangible point of difference, particularly for families or those prioritising resort-style living without direct beachfront pricing.

Built sizes range from 61 to 104 m², with all apartments featuring two bathrooms and large terraces designed to maximise natural light. Specifications include Porcelanosa porcelain floors, Bosch kitchen appliances, and Technal windows for thermal and acoustic insulation. Central air conditioning provides both heating and cooling. Each apartment includes a private storage room and lift access from underground parking, though parking allocation details should be confirmed with the developer. Beyond the individual units, residents share access to the lagoon's beach bar, restaurant, fully equipped gym, jacuzzis, saunas, and a volleyball court. The Mediterranean-style architecture is contemporary rather than traditional, with clean lines and generous glazing.

Estepona town centre is 7 kilometres away, roughly a 10-minute drive depending on traffic through the A-7 coastal road. Casares itself sits inland from the coast, which means this development trades immediate beach access for the controlled lagoon environment and typically lower per-square-metre pricing than frontline Estepona or Marbella. Buyers here tend to be Northern European families seeking year-round or holiday homes with on-site amenities, plus some investors targeting the rental market for longer summer lets. Málaga airport is approximately 80 kilometres east, Gibraltar airport 35 kilometres west. The surrounding area is quieter than the main coastal strip, with less density and more green space, but you are dependent on a car for supermarkets, international schools, and healthcare facilities.

These apartments are advertised as key-ready, meaning construction is complete and buyers can complete immediately rather than waiting for handover. Standard Spanish purchase procedure still applies: reservation deposit to secure the unit, balance payable on completion through your solicitor, with all sums confirmed directly with the developer. Stamp duty, notary fees, and land registry costs add approximately 10–12% to the purchase price for resale properties, though new builds attract a lower VAT rate. Independent legal representation is strongly recommended, particularly for reviewing community fees, which will cover maintenance of the lagoon and shared facilities. The lagoon itself is maintained by a specialist operator under a long-term contract, so clarify annual community charges early in your due diligence.

Features

What this home includes

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

Property details

Specifications

Reference
HT3917239
Property type
Middle Floor Apartment
Developer
BENEFICIADO (UR13)
Bedrooms
2
Bathrooms
2
Built area
61 m² to 104 m²
Terrace
22 m² to 106 m²
Price range
€335,000 to €550,000
Completion
2024-10-10
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 middle floor apartments in the same city.

This Middle floor apartment

€5,492 / m²

€5,492 × 61 m² = €335,000 asking · entry unit

Comparable averages

  • Apartments & penthouses in Casares

    9 active listings

    €4,649 / m²18% above market

Similar projects

More developments in Casares

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Alcazaba Lagoon IV

Casares · From €335,000 · 2 bed · Completing Q4 2024

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