New development · Costa del Sol · Casares

Las Terrazas de Cortesin Bon Air

€599,200 to €716,500

2 beds · 111 to 116 m² built

Ref HT3607109Updated daily · Last sync 28 August 2026

About this property

Overview

Las Terrazas de Cortesin Bon Air sits within the Finca Cortesín resort in Casares, between the coast and the foothills of Sierra Bermeja. The resort is known for its golf course, spa and hotel, and the development occupies elevated ground with views across Estepona Bay and the mountains inland. The setting is quiet and low density, with six blocks housing 51 apartments spread across the site.

These are two-bedroom, two-bathroom apartments ranging from 111 to 116 square metres. The layouts are generous for a two-bedroom home, with large principal rooms and wide terraces that extend the living space outdoors. Each apartment includes one parking space and a storeroom. Penthouses in the scheme have larger terraces and higher vantage points, but ground-floor units open directly onto the gardens and pool areas. The architecture is contemporary, with clean lines and large glazed openings that frame the views and let in natural light.

The communal facilities include an outdoor pool of nearly 160 square metres, a spa, a gym and a co-working area. The resort itself has restaurants, a beach club at Playa de los Baños and a sports centre. The immediate surroundings are tranquil and dominated by golf fairways and low-rise residential development, so this is not a location where you can walk to shops or cafés. Estepona town centre is a ten-minute drive along the A7, and the beaches between Casares Costa and Estepona are similarly close by car.

This suits buyers looking for a second home or permanent residence within a resort environment, where security, green spaces and on-site amenities matter more than being able to walk into a town. The isolation is deliberate, and the lack of street life and independent businesses nearby will not suit everyone.

Property details

Specifications

Reference
HT3607109
Property type
Apartment
Bedrooms
2
Bathrooms
2
Built area
111 m² to 116 m²
Price range
€599,200 to €716,500
City
Casares
Coast
Costa del Sol

Location

Casares

Casares

Exact location available on request. This development is in CasaresCosta del Sol.

18 questions answered

Las Terrazas de Cortesin Bon Air: Frequently Asked Questions

All apartments are two bedrooms and two bathrooms, measuring between 111 and 116 square metres. The layouts are generous for a two-bedroom home, with large principal rooms and wide terraces. Each apartment includes one parking space and a storeroom.

Every apartment has a private terrace. Ground-floor units open directly onto the communal gardens and pool areas, while penthouses have larger terraces at higher levels with wider views. The development also has shared gardens, a pool, spa and gym.

No. The development sits within Finca Cortesín resort in Casares, surrounded by golf fairways and low-rise residential schemes. The resort has restaurants, a beach club and a sports centre, but there are no shops or cafés you can walk to. Estepona town centre is a ten-minute drive.

Yes. The resort setting, security, pool, spa and beach club make it well suited to lock-up-and-leave use. The communal facilities and on-site restaurants mean you do not need to leave the resort if you prefer not to, though a car is essential for reaching beaches, supermarkets and Estepona.

The development occupies elevated ground with views across Estepona Bay and the Sierra Bermeja mountains. Penthouses have higher vantage points and wider prospects, while ground-floor apartments look out over the gardens and pool. The architecture uses large glazed openings to frame the views from inside.

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

€5,398 / m²

€5,398 × 111 m² = €599,200 asking · entry unit

Comparable averages

  • Apartments & penthouses in Casares

    12 active listings

    €4,681 / m²15% above market

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