New development · Costa del Sol · Casares

ARRECIFE

€398,000 to €720,000

2 to 4 beds · 112 to 231 m² built · Est. completion 2027-03-01

Ref HT4590988

Updated daily · Last sync 2026-06-14T21:50:28.966614+00:00

About this property

Overview

ARRECIFE is a new development of 2 to 4-bedroom ground floor apartments for sale in Casares, Costa del Sol, priced from €398,000 to €720,000. The project sits between Marbella and Sotogrande, positioning buyers within reach of two distinct property markets at a price point that undercuts both. Every residence is a ground floor unit, which means direct garden access rather than the typical Costa del Sol stacked apartment configuration. This appeals to buyers who want the security of a gated development but prefer not to share a lift or climb stairs with shopping.

Built sizes range from 112 m² to 231 m², with bathroom counts running from two to three depending on the unit. Each apartment includes a front terrace and a rear terrace, with the ground floor format providing private garden space. The development confirms parking and storage rooms for all residences. Communal facilities include two designer pools, a heated pool, a gym, a coworking and gourmet room, landscaped grounds, and a children's play area. The supplier description references Mediterranean views, though the extent and consistency of these across all units would need verification during a site visit.

Casares itself occupies elevated terrain inland from the coast, which keeps property prices lower than beachfront Estepona, roughly 15 minutes by car to the south. The municipality attracts a mix of permanent residents and second-home buyers, many of whom prioritise space and quieter surroundings over immediate beach access. Estepona's expanding marina, restaurants, and year-round services make it the practical hub for most Casares residents. The area has seen steady development over the past decade, with golf courses and spa resorts drawing Northern European buyers who treat the Costa del Sol as a long-stay or retirement destination rather than a holiday bolt-hole. Road access involves navigating the A-7 coastal motorway or inland routes, depending on your starting point.

ARRECIFE is under construction, with phased completion scheduled between December 2026 and March 2028. Blocks 1 to 5 are due first, followed by Blocks 6 to 9 a year later. Spanish off-plan purchases typically require a reservation deposit, stage payments tied to construction milestones, and a final balance on completion when keys are handed over. All payment schedules and amounts must be confirmed directly with the developer, as these vary by block and unit. Independent legal representation is essential to review contracts, confirm planning permissions, and verify bank guarantees. The staggered delivery schedule means early buyers in Blocks 1 to 5 will move into a development that remains a construction site for another year, which affects noise, access, and the immediate usability of communal areas.

Features

What this home includes

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

Property details

Specifications

Reference
HT4590988
Property type
Ground Floor 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
Completion
2027-03-01
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

ARRECIFE prices range from €398,000 to €720,000 depending on the size and configuration you choose. All units come with a private garage and either a private garden or access to communal facilities, plus your choice of sea views and south-facing orientation to maximize natural light and those coastal vistas.

ARRECIFE is situated in Casares on the Costa del Sol, one of Spain's most sought-after coastal areas. The location offers easy access to local amenities, beaches, and the wider Costa del Sol infrastructure while maintaining a quieter residential setting away from the busiest tourist zones.

ARRECIFE offers ground floor apartments ranging from 2 to 4 bedrooms, with built sizes between 112 and 231 square meters. This variety means you can choose a compact 2-bed unit or opt for a spacious 4-bed home depending on your needs and budget.

Yes, ARRECIFE includes pool access, with options for either a private pool or communal pool depending on your unit. All apartments feature sea views and south-facing orientation, so you'll enjoy natural light throughout the day and views of the Mediterranean from your home.

ARRECIFE is expected to be completed in March 2027, giving you a clear timeline for your investment. This allows time for quality construction while keeping the delivery date within a reasonable planning horizon.

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 ground floor apartments in the same city.

This Ground floor apartment

€3,554 / m²

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

Comparable averages

  • Apartments & penthouses in Casares

    9 active listings

    €4,864 / m²27% below market

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ARRECIFE

Casares · From €398,000 · 2 to 4 beds · Completing Q1 2027

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