New development · Costa del Sol · Casares

ARRECIFE

€398,000 to €720,000

2 to 4 beds · 112 to 231 m² built · Est. completion Q1 2027

Ref HT4590988Updated daily · Last sync 26 August 2026

About this property

Overview

Arrecife offers large apartments with two, three or four bedrooms across a built size that ranges from 112 square metres at the smallest to 231 square metres in the biggest homes. Every apartment has a terrace, running from 20 to 66 square metres, and the ground-floor units get both a front garden and a rear terrace. The layouts suit families who need proper separation between rooms, and the bigger four-bedroom homes work for multi-generational households or buyers who want dedicated guest space. Storage rooms and parking come with every home.

The development sits 541 metres from the beach on the sea side of the AP-7 motorway, so you can walk down in seven minutes. Gibraltar Airport is 41 minutes away by car, which makes this practical for owners who split their time or rent the property out to short-term guests. Golf Academy Albayt Resort is seven minutes away, and Puerto Deportivo de la Duquesa marina is eight minutes if you keep a boat. Estepona town centre is 16 minutes by car for shops and restaurants. The nearest Spanish state primary school is six minutes away in Sabinillas.

The communal areas include two large outdoor pools, a heated pool, a gym and a coworking room, plus landscaped grounds and a children's play area. South-facing orientation and sea views come as standard across the development, and the position gives you long sightlines over the Mediterranean.

The trade-off is that this is a large development spread over multiple blocks, so it will not feel quiet or private in the way a smaller scheme does. The motorway sits behind the site, which brings road noise to the rear-facing rooms. Casares itself is inland and rural, so for anything beyond basics you will be driving to Estepona or Sabinillas.

Features

What this home includes

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

Property details

Specifications

Reference
HT4590988
Property type
Apartment
Developer
CAMARATE GOLF (UR6-8)
Bedrooms
2 to 4
Bathrooms
2 to 3
Built area
112 m² to 231 m²
Terrace
20 m² to 66 m²
Plot size
62 m²
Price range
€398,000 to €720,000
Est. completion
Q1 2027
Pool
Yes
Garden
Yes
Garage
Yes
Sea view
Yes
South facing
Yes
City
Casares
Coast
Costa del Sol

What's Nearby

Nearest beach
7 minwalk
Golf Academy Albayt Resort
7 mindrive
Puerto Deportivo de la Duquesa
8 mindrive
Colegio de Educación Infantil y Primaria San Luis de Sabinillas
6 mindrive
Lidl
5 mindrive
ALDI
7 mindrive
Eroski
7 mindrive
Hospital de Alta Resolución de Estepona
9 mindrive
Farmacia Central Sabinillas
5 mindrive
Carrefour
16 mindrive
Estepona
16 mindrive
4 restaurants & bars
within 12 minwalk
Málaga Airport (AGP)
77 mindrive
Gibraltar Airport (GIB)
41 mindrive
Beachside, south of the coastal road (A-7), close to the Mediterranean.

Location

Casares

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

Arrecife is on the sea side of the AP-7, just 541 metres from the beach. You can walk down in seven minutes or drive in four. Gibraltar Airport is 41 minutes away by car, making this location practical for frequent travellers. Golf Academy Albayt Resort is a seven-minute drive, and Puerto Deportivo de la Duquesa marina is eight minutes away for boat owners. The Spanish primary school Colegio de Educación Infantil y Primaria San Luis de Sabinillas is six minutes away, and Estepona town centre with its restaurants and shops is a 16-minute drive. This location works well for families who want beach access, golfers, and anyone looking for a holiday home on the Costa del Sol.

18 questions answered

ARRECIFE: Frequently Asked Questions

The beach is 541 metres away, which takes about seven minutes on foot. The development sits on the sea side of the AP-7 motorway in Casares, so there is no major road to cross and the walk is straightforward. Ground-floor units have front gardens that face towards the coast.

Every home has sea views and faces south, so you get direct sunlight through the day and long sightlines over the Mediterranean. The position on the Costa del Sol coast gives clear views without obstruction from neighbouring buildings. Terrace sizes range from 20 to 66 square metres, and the larger terraces suit outdoor dining year-round.

Gibraltar Airport is 41 minutes away by car, which makes it workable for owners who fly in and out regularly or rent the property to short-stay guests. The route is mostly motorway. Málaga Airport is the other option but adds significant distance.

The beach is a seven-minute walk, but beyond that you will need a car. The nearest supermarket is five minutes by car, and Estepona town centre is 16 minutes for shops and restaurants. Casares village is inland and rural, so daily shopping and services are not on the doorstep.

Built sizes range from 112 square metres in the two-bedroom homes to 231 square metres in the four-bedroom units. The bigger layouts work for multi-generational families or buyers who want dedicated guest rooms with proper separation. Every home includes a storage room and parking space.

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

€3,554 / m²

€3,554 × 112 m² = €398,000 asking · entry unit

Comparable averages

  • Apartments & penthouses in Casares

    12 active listings

    €4,834 / m²26% below market

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